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WHEN ROADS ENHANCE HOME VALUES
Infrastructure pays, and it can pay by leaps and bounds.
The prices of homes surrounding infrastructure developments usually rise exponentially due to better accessibility and amenities. Even with an economic regression, the value of land near infrastructure remain resilient. These factors make real estate one of the best kind of investments in a volatile market.
In the Philippines, numerous infrastructure projects are set to propel prices of real estate in various areas. Let us take a look at some of the exciting places which are set to benefit from “Build, Build, Build” projects and the communities that will rise from them.
BULACAN
There is much buzz about the province of Bulacan in recent times. Located right next to Metro Manila in the north, the vast province is set to benefit from a lot of planned government projects in the near future. For one, the New Manila International Airport, which aims to be the future main airport of Metro Manila, is set to be built here. Another exciting development in the area is the Metro Rail Transit Line 7 (MRT7) project which will shorten travel time from Bulacan to Quezon City to approximately 34 minutes.
Existing and future communities in the area are geared to profit from these projects, such as those located in San Jose del Monte and Bulakan. One such estate that will stand to gain from the new infrastructure is the Colinas Verdes community. Developed by Sta. Lucia Land Inc., the exclusive estate will feature residential homes and a country club smack in the middle of San Jose del Monte. While it currently takes two hours to reach Edsa from the subdivision’s location, the upcoming MRT-7 will soon make it a breeze for commuters to move in and out of the scenic estate.
PAMPANGA
With the current government aiming to decentralize and decongest Metro Manila, Pampanga is one of the provinces that is set to become an alternative commercial hub in Luzon. Clark Airport, in particular, makes the area quite enticing for investors. The development of the new passenger terminal here will further improve accessibility in the area. Together with the existing expressways that directly link the province to Metro Manila, this new development will greatly benefit surrounding communities.
One of these communities is Beverly Place by Sta. Lucia Land. Located in Mexico City, Pampanga, the vast property features an 18-hole golf course and prime residential lots. It is approximately 30 minutes away from the Clark Freeport Zone and less than five minutes away from the North Luzon Expressway San Fernando Exit. With its golf course voted as one of the “Favorite Courses North of Manila” by GolfPH, the estate will surely be the go-to place of tourists looking to play on the fairway while on vacation.
CAVITE
Located south of Metro Manila, Cavite is also being eyed as one of the provinces set to benefit much from the “Build, Build, Build” program of the government. The planned infrastructure in the area will make the province much easier to access from various entry points. The Bataan-Cavite Interlink Bridge, for one, which will shorten travel time from Bataan to Cavite to only 30 minutes. Meanwhile, the East West Expressway will connect the Cavite-Batangas Road to the Ternate-Nasugbu Road, linking several municipalities in Cavite to Batangas.
These developments will help propel the province to new heights. Residential subdivisions such as Vista Verde South, Southplains, Metro South and Eagle Ridge will be able to experience better accessibility and higher land values. It’s a win-win situation for both locals and visitors to Cavite.
ROADS TO PROGRESS
Roads, utility lines and other infrastructure developments not only make our lives easier, but they also increase property values. Homeowners who happen to live near new projects will benefit from better accessibility and emerging facilities as well. Bring in a seasoned developer like Sta. Lucia Land and you’ve got the ultimate mix to help you earn and enjoy life to the fullest.