When you look at the list of wealthiest men in the country, you will notice that most of them made their fortune, or have interests, in real estate. Passive income, value appreciation, great returns, tax benefits – these are just a few of the reasons why investing in real estate is a good choice. Now the question is, “How do I get into this?”

Like in any other investment, it is best to exercise due diligence before cutting a check in the millions of pesos. Here are a few things you should know before you start spending your hard earned money on real estate.

The Right Location
When it comes to properties, the reason why you hear everyone talk about “location, location, location” is because it is a tried and tested rule. Location, more often than not, determines how much rent you can charge, what kind of renters you will have, and if the rent agreements in the location is seasonal, short-term or long-term.

If you are on the hunt for a profitable rental condo, look for a neighborhood near business hubs, good schools, public transportation, shopping centers, and other establishments. Condominiums with plenty of amenities also make your rental condo appealing to prospective tenants.

The Potential to Appreciate
Most properties appreciate a little bit over time. As an investor, you should be looking for a property that increases in value more than the rest. Choose the areas with high property value appreciation rate such as Makati, Bonifacio Global City, Ortigas Center, and Bay Area in Pasay. Industry experts also recommend investing in the fringe areas of established business districts.

Another thing to consider is the appreciation potential you can get from dressing up your condo. How much more can you charge for rent after repainting the walls, versus leasing it out as-is? How much will your condo be worth once you add a furniture or even another bedroom? You stand to earn more on your initial investment if you’re willing to upgrade your condo after you buy it.

A Safe Margin
A sound financial strategy on your real estate investment is a must prior to purchase. You will need to factor in the cost to maintain the property versus expected profits. Maintenance costs will include your monthly amortization, association dues, property taxes, insurance, and general upkeep.

While working on the numbers, consider setting aside at least 1% of the property value annually for maintenance costs and at least 2% for annual real estate tax. Set a goal of at least 10% return on investment.

Low Maintenance
Go for low maintenance investments. With several home flipping shows on TV, it is tempting to just buy a fixer-upper unit and go the DIY route. Unless you are an expert at large-scale home improvements though, this journey might cause you to spend too much on renovation and put your cash flow in the red. It would be better to purchase a condo that has a competitive price tag and needs only a paint job and few decors.

Similarly, short-term rentals, such as student dormitories and vacation rentals, may not be as attractive an investment. Because of the high turnover of short term rentals, you will need to spend more on maintenance to keep the rental usable and profitable. If you prefer a steady occupancy, low- maintenance condos in good locations are the ones that attract stable long-term renters.

Taking inspiration from the beauty of the islands of Hawaii, Mi Casa is your tropical-inspired residence in Bay Area, Pasay with amenities that will make your day vibrant and relaxing at the same time.

With the rising demand for condominiums for rent in the Philippines, renting out a condo is a good source of additional income. As with any other investment, a rental condo will not give you immediate big returns. Keep your expectations realistic and stick to the basics when starting out. Over time, your rental condo will prove to be a rewarding investment.

Looking for your next investment? Check out Federal Land, Inc. condominiums in the Bay Area and Ortigas.

(This article first appeared on Manila Bulletin, November 12, 2019 issue)

The Philippine real estate industry continues to enjoy steady growth attributed to, among other things, a steady increase in demand in the residential condominium segment.

As the income of the middle to upper middle class grows, their taste has also become more discerning. They are now more concerned about products that are reflective of their lifestyle choices and products that provide convenience and comfort.

Real estate developer, Federal Land, Inc., recognized this shift in Remand. In one of their recent forays, they have chosen to collaborate with a property developer from Japan, Nomura Real Estate Development, Co., Ltd., whose vision for quality, value, and customer satisfaction equals their own.

Founded in 1957 in Tokyo, Nomura Real Estate Development Co., Ltd. is one of the affiliates of the Nomura Group of Companies which has a history of more than 90 years of investment banking experience. One of the more prominent members of this group is Nomura Securities, one of Japan’s largest financial institutions.

The real estate company engages in residential development, corporate real estate brokerage, commercial property development, building leasing, and architectural design businesses across Japan, and recently, in China, Vietnam, and Thailand.

Nomura has not only dedicated itself to going beyond normal design boundaries, but has continuously explored new technologies that better serves the urban landscape of its properties.

Under its quality residential brands, Proud and Ohana, Nomura has gained a reputation for quality in locations they are present in, bringing value to the environments they build.

“As a company, we look for equally strong partners in every project. We consider it an honor to bring the excellence that Nomura Real Estate is known for and to share it with the Philippines. We’re very happy to find a good partner in Federal Land Inc. so we can transform our vision of integrating all that is precious to people and communities, into reality,” said Eij’i Kutsukake, chairman of Nomura Real Estate Development Co., Ltd.

The Seasons Residences is the first project of the partnership between Federal Land, Nomura Real Estate Development Co., Ltd., and retail giant, Isetan Mitsukoshi Holdings, Co. Ltd. It is a four-tower Japanese-inspired residential development which will be home to the first Mitsukoshi Mall in the country.

It is currently under construction at Federal Land’s Grand Central Park in Bonifacio Global City.

This venture promises to offer a harmonious, innovative, and technology-led home that elevates the lifestyles of the growing population of discerning buyers.

“By combining our knowledge and enthusiasm with our high level of technical skills, we can offer the best products and services to the, partnership,” Kutsukake said.

The Seasons Residences benefits from Nomura’s expertise on design efficiency. Among other features, this translates to maximized storage spaces within the units, clean technology (where each unit wiljt have tiles that minimize excess’ humidity, unpleasant odors, and harmful substances in the air), and safety (the use of visco-elastic coupling dampers to reduce wind and earthquake vibrations).

The partnership will also be building the much-anticipated Mitsukoshi Mall at the podium of the residential towers of The Season Residences. This four-story retail development is set to provide a holistic Japanese shopping experience to Filipinos.

 

 

(This article first appeared on Business World, November 11, 2019 issue)

BGC continues to be one of Metro Manila’s most attractive investment locations. This is driven by the continued growth of the local residential market, a positive economic outlook for the Philippines, the steady emergence of a moneyed local demographic, and various ongoing and planned infrastructure projects that directly benefit the city. Colliers International reports that capital values in BGC increased by an average of 6.7% in the first quarter of 2019, it expects prices to continue to increase by an impressive annual average of 6.3% from 2019 to 2021.

One infrastructure project that is a prime catalyst In BGC’s value appreciation is the proposed Metro Manila Subway Line, which is seen to span 30 kilometers from Quezon City to Taguig, and 14 stations, two of which will be located in the north and south of BGC. The Subway is expected to be completed by 2025. Another is the construction of the BGC-Ortigas Link bridge, which will allow motorists to bypass EDSA or C5 to get to BGC from the main Ortigas CBD and vice-versa.

Demand from local high-net-worth individuals and the’ influx of foreign investors taking advantage of the country’s information technology and business process management (ITBPM) industry will continue to drive the residential sales market as well.

In its 2018 report, Jones Lang LaSalle pinpointed that these groups “typically secure the biggest and most expensive units from high-end and luxury brands to maximize the value appreciation in major markets.” This bodes well for premium developments like The Seasons Residences, which can see its market value appreciating over the next few years.

The project is the latest offering of Federal Land, Inc. in partnership with Japanese property development group Nomura Real Estate Development Co. Ltd. And Japanese retail conglomerate Isetan Mitsukoshi Holdings Ltd. Set in Federal Land’s Grand Central Park township in the northern part of Bonifacio Global City (BGC), The Seasons Residences will feature impeccable Japanese innovations meant to elevate the standards of comfort, convenience, and functionality for discerning homeowners. The integrated-use development will house four upscale residential condominiums, world-class amenities, and one of the most impressively designed malls to be built in the Philippines.

Efficiently designed resource-saving fixtures are featured in every residential unit, while the buildings boast of the most state-of-the-art security and safety technology, including a damper system that will protect the structure against earthquakes and strong winds. The development will also include world-class, Japanese-inspired amenities, including a spa, a karaoke room, a wellness room, and a Japanese garden.

Residents of The Seasons Residences will have direct access to the country’s first Mitsukoshi, which will be located at the podium of the development. The four-storey retail space will offer a unique Japanese mall experience in terms of design, service, and merchandise. Mitsukoshi will also feature a Japanese-style supermarket and food hall, a dedicated beauty zone, and other exclusive Japanese brands and concepts.

The promise of an elevated, convenience-centered lifestyle is not the sole appeal of purchasing a home in The Seasons Residences. Discerning buyers know that there are sound and valid prospects of investing in a property in one of Metro Manila’s most in-demand areas.

“Geographical advantages, rapid development, and limited supply are just a few reasons to invest in the upscale residential market in BGC,” says Cathy Ko, Executive Vice President of Federal Land, Inc. ‘The Seasons Residences, with its premium facilities, sophisticated Japanese design, ‘ and spacious condominium units, is set to be a prime investment for those looking either to reside in the area or looking to lease out their units.”

Don’t miss out on the investment opportunities offered by The Seasons Residences. Call The Seasons Residences hotline at 0998-595-5834, email us at invest@federalland.ph or visit the showroom at 7th Ave. cor. 34th St., Grand Central Park, North BGC, Taguig City (across the Lexus Manila Showroom). Haru, the development’s first tower, is slated for completion in 2023, while Mitsukoshi Mall will open in 2021.

With picture-perfect beaches, a thriving economy, and a large English-speaking population, the Philippines has become a top expat destination. Legally, a foreigner can own a condominium unit provided that foreign ownership in the given condo development does not exceed 40 percent.

If you’re a foreigner thinking of moving and settling in the Philippines, here are a few things to consider before buying your condo.

Your Short and Long-term Plans
Do you plan to raise your family in the Philippines, or are you just staying for a few months? Practically, it is better to buy a condo than rent one when you plan to stay for more than a few years. And, if you are looking for an additional steady source of income; a condo unit can be a rewarding investment. Rent it out in the long term and collect monthly rent with minimal to zero effort.

Set a budget
Before you start the search, set a budget you are willing to work with. If you plan to take out a home loan, ask reputable banks about their mortgage options for foreigners.

Aside from the Total Contract Price of the condo unit, take note of the transaction fees and taxes you need to settle. Adding these to your computation will help you set a sensible budget.

Location, Location, Location
The neighborhood you choose to live in can either further or get in the way of your lifestyle. A condo within or near the central business district will mean that your work, elite schools, upscale malls, and fancy restaurants are within your reach. Plus, condos in prime locations appreciate faster.

A Support Network
If you are coming to the Philippines for the first time, it may be wise to settle in an area with a significant expat population. Filipinos will treat you like family and make you feel at home, but it is natural for expats to seek communities that they can truly identify with. Business districts like Makati, Ortigas, and Bonifacio Global City have expat clubs that will show you the ropes and help you settle in.

Outside the capital, you will find the areas of Clark, Subic, Cebu City, and Davao City have a sizeable number of foreign residents.

One Wilson Square in Greenhills, San Juan City is an upscale condominium that offers spacious and well-appointed ready for occupancy units that provide full access to an enhanced level of luxury.

Track record of the developer
If you are planning to purchase a condo unit in its pre-selling phase, it is important to choose a developer with a solid track record of delivering your unit as promised. Federal Land, Inc. is a reputable developer that has handed over thousands of condo units to satisfied homebuyers.

Local help
As a foreigner, you might not be familiar with the ins and outs of real estate acquisition. To protect you and your purchase, get the right, qualified local help to guide you. A lawyer can help you verify the authenticity of the property title and make sure everything is legal. A licensed broker or a trusted property specialist will guide you through the acquisition process.

Final Check
Before you finalize the sale, do a final check on the property. Carefully check the unit’s condition, size, amenities, and electrical and water connections. Ask for the condominium house rules and make sure you are comfortable with them.

Valencia Hills Tower E in New Manila, Quezon City is an upcoming vertical residence that sits in a quietly elegant residential enclave along N. Domingo and Valencia Streets.

Like in any property purchase, gather all the facts before deciding. Do your due diligence and choose a reliable developer with a solid track record of building high-quality properties like Federal Land, Inc.

Prime real estate developer, Federal Land, Inc. has been creating properties built on the values of trust, reliability, and integrity. It is the developer of many large-scale developments: residential condominiums, office buildings, retail and commercial centers, mixed-use townships and master-planned communities.

To know more about pre-selling and RFO condos for sale, email invest@federalland.ph.

If you are actively looking for investment opportunities, you would have heard of the term “pre-selling.” Pre-selling condos, as the name implies, are condominium units available for sale before the building is completely constructed. Although buying a condominium under these circumstances may seem unconventional, pre-selling condominiums do have advantages. Here are the top three benefits of buying properties while they are still in the pre-selling stage.

Low Introductory Price
Condominium projects are launched at a low introductory price to generate interest and attract investors. Given the rapid appreciation in today’s real estate market and the finite property of developable land, prices of ready-for-occupancy units can climb up to twice the original price offer.

Flexible Payment Terms
Pre-selling condos offer flexible payment terms to make monthly payments straightforward and effortless. On top of the low introductory price, you can get a significant discount and a more spread out payment term when you avail at the start of the pre-selling phase.

Quick Return on Investment (ROI)

The value of real estate appreciates over time. This is especially true with pre-selling properties. Condominium projects are typically completed within a few years. By that time, the property’s value would have appreciated considerably and the buyer can earn a hefty profit by reselling his unit or leasing it out for a steady cash flow.

The Seasons Residences in Bonifacio Global City is a joint venture development of Federal Land, Inc., Nomura Real Estate Development Co., Ltd. and Isetan Mitsukoshi Holdings Ltd. A premier four-tower residential development, The Seasons Residences will be home to the first Mitsukoshi Mall in the Philippines.

Quick Tips on Pre-selling Condos
As a smart homebuyer, beware of potential troubles that can hurt your investment. Here are some tips to help you avoid unnecessary difficulties from the get go:

  1. Buy only from reputable real estate developers with a solid track record of delivering quality properties on time.
  2. Make sure to understand all terms and conditions before signing any document.
  3. If you plan to purchase through a home loan, canvass reputable banks only.
  4. Avail the services of a licensed broker or a trusted property specialist to guide you through the acquisition.
  5. Verify the project’s legitimacy on Housing and Land Use Regulatory Board (HLURB). HLURB is a government agency that regulates the Philippine real estate industry.

Mi Casa in Bay Area, Pasay City is an upcoming vertical residence reminiscent of Hawaii’s tropical ambiance redesigned for contemporary Filipino living.

Prime real estate developer Federal Land, Inc. has dedicated itself to developing properties that are faithful to the aspirations and expectations of its residents. Each Federal Land project adheres to the highest standards and is built to be of topnotch quality.

Quantum Residences along Taft Avenue is centrally located amidst known universities and business establishments in the area. Perfect for college students and hardworking professionals in pursuit of their careers and interests.

Among Federal Land’s pre-selling developments are The Seasons Residences in North Bonifacio Global City, Taguig; Mi Casa and Palm Beach West in Metro Park, Bay Area, Pasay City; Quantum Residences along Taft Avenue; Marco Polo Residences in Cebu City; Valencia Hills in New Manila, Quezon City; Florida Sun Estates in Cavite; Peninsula Garden Midtown Homes in Paco, Manila; and Siena Towers in Marikina City.

For more information on pre-selling condos, email invest@federalland.ph.

Mi Casa at Metro Park

Choosing a condo for investment is not an easy decision to make.  After all, there are several options on the market, each better than the last.  If you are interested in the Bay Area, then a Federal Land, Inc. condo is your best bet to grow your investment.  Here are five good reasons for buying and investing in Federal Land’s Metro Park.

 

Residences are resort-inspired communities

Mi Casa at Metro Park

The condominium communities of Metro Park redefine high-end living with a relaxing vacation atmosphere.  Residents will get the feeling of not just being at home, but also being like at a resort at the same time with its club-like amenities and tropical aesthetics against the backdrop of the world-famous Manila Bay sunset, only for the select few.

Prospective homebuyers and investors can choose from several deluxe resort communities.  There is the exclusive Bay Garden Club and Residences, the first community to rise in the Metro Park enclave.  There is the Six Senses Residences, distinctive for its lucky number eight shape. There is also the sunny Palm Beach Villas and Palm Beach West.

Federal Land’s latest offering by the bay is Mi Casa, a vibrant vertical residence reminiscent of Hawaii’s reinvigorating aesthetic of open sea and air.  Mi Casa will have four towers: Hawaii, Maui, Lanai, and Honolulu that will bring in the modern tropical paradise streamlined for Filipino contemporary living.

Each of the condominium communities offer thoughtfully designed and well-spaced units for comfortable living.  There are also intimate gathering spaces in the amenity deck to foster a close communal relationship.  Residents can host barbeque parties, movie nights and play dates all within a neighborhood that embraces the sun, wind, and sea.

 

Federal Land is one of the top developers in the country

Six Senses Residences at Metro Park

As a homebuyer and investor, acquiring property from a reputable developer with a solid track record is a must.  It guarantees that the condominium project is delivered on time, has topnotch quality and set in a strategic location – three factors that will ensure your condo can fetch a good price in the secondary and rental market.

Founded in 1972, Federal Land has since developed over 55 large-scale projects that redefined the key areas of Metro Manila, Cavite and Cebu.  Federal Land is best known for its many iconic developments GT Tower International in Makati, Marco Polo Residences in Cebu, Grand Hyatt Manila in Bonifacio Global City, and the upcoming Norman Foster luxury condo The Estate Makati.

Metro Park is a master-planned community

Blue Bay Walk at Metro Park

The Metro Park community is a sprawling 36-hectare master-planned community in the business district of Bay Area, Pasay. Metro Park is a modern and vibrant community home to deluxe resort residences of Bay Garden Club and Residences, Six Senses Residences, Palm Beach Villas, Palm Beach West, and Mi Casa; stylish shopping centers of Blue Bay Walk, and Met Live; PEZA-accredited office towers iMet BPO; spacious event centers of Le Pavillon and Le Parc; elite Nursing school Manila Tytana Colleges; and a pet-friendly park – all set within the emerging Entertainment City.

With a workplace, mall, school, and park just a stone’s throw away, a balanced live-work-play lifestyle awaits residents looking to live the good life.

 

Bay Area is near business districts, university belt

The South Luzon Expressway and The Metro Manila Skyway

Though located on the western coast, the Bay Area can easily access the important places of the Metro Manila.  Bay Area is near the central business districts of Makati, Ortigas, and Bonifacio Global City.  The universities along Taft and España Avenues are also just a short drive away; while the theaters at Cultural Center of the Philippines and amusement rides of Star City are within Pasay City.

Travel to and fro Bay Area is also convenient with numerous roads and skyways connecting the area to the rest of Metro Manila.  There is the Metro Manila Skyway System, Manila–Cavite Expressway or Coastal Road, C5 South Link Expressway, NAIA Expressway, Macapagal Boulevard, and more.  Bay Area is also near the Ninoy Aquino International Airport and Port of Manila, providing more convenient transportation between the other destinations in the country.

 

Investment has high returns

Mi Casa at Metro Park

Colliers International Philippines foresees that the Bay Area will be among the most in demand and expensive condominiums for sale that will go beyond PHP300,000 (USD 5,700) per sq. meter.  The high demand and the soaring price are due to the influx of Chinese expatriates working in the Philippine Offshore Gaming Operations (POGO).  Another reason is the rise of Bay Area as the entertainment capital of the country that houses four major casino resorts: Solaire Resort and Casino; City of Dreams Manila; Okada Manila; and Resorts World Bayshore.

Looking at some of the residences in Metro Park such Bay Garden Club and Residences and Palm Beach West, the prices per square meter has risen exponentially over the years.  In 2017, Palm Beach West is worth around Php 212,000 per square meters; which rose to Php 312,000 per square meter in 2019.  That is a 47% increase in just two years.

“The best thing about investing in a Federal Land condo is its quality.  I know I can resell or lease at high market value because its value is justified.  The community is in a great location, the amenities are well-planned, and the unit itself spacious and wonderful,” shares one of the Federal Land condo investors.

Mi Casa at Metro Park

To learn more about Metro Park, visit the website at www.federalland.ph or visit the Mi Casa Showroom and Palm Beach West Showroom located at Metro Park, Bay Area, Pasay City.

 

Choosing a condo for investment is not an easy decision to make. After all, there are several options on the market, each better than the last. If you are interested in the Bay Area, then a Mi Casa condo is your best bet to grow your investment. Here are five benefits of buying and investing in Mi Casa at Metro Park.

The Luxury of Resort Living

Mi Casa brings in the modern tropical paradise of Hawaii into Filipino contemporary living. With its sparkling water features, lush greenery, resort-like amenities, island aesthetics, and the Manila Bay sunset, Mi Casa takes you to experience Hawaii’s reinvigorating sense of open sea and air. You will feel like you are on a 5-star vacation on an island while being at home.
For a close community life, Mi Casa has thoughtfully designed spaces that evoke Hawaii’s love for gathering. There are various swimming pools, barbeque area, kid’s playscape, fitness gyms, function rooms, library, movie room, and lounges. Residents can host barbeque parties, movie nights and play dates all within a neighborhood that embraces the sun, wind, and sea.

The Prestige of a Federal Land Inc. Condo


Mi Casa is Federal Land’s first Hawaiian-inspired condominium community. To capture the character and aesthetics of the popular island destination, Federal Land partnered with top design firms such as the Callision RTKL and AIDEA Inc. for the architecture’ Chat Fores Design Studio for interior design; and CREARIS for the landscape.

Founded in 1972, Federal Land has since developed over 55 large-scale projects that redefined the key areas of Metro Manila, Cavite and Cebu. Federal Land is best known for its many iconic developments GT Tower International in Makati, Marco Polo Residences in Cebu, Grand Hyatt Manila in Bonifacio Global City, and the upcoming Norman Foster luxury condo The Estate Makati.

The Convenience of Metro Park Community


Blue Bay Walk at Metro Park

Mi Casa is part of the Metro Park community, a sprawling 36-hectare master-planned community in the business district of Bay Area, Pasay. Metro Park is a modern and vibrant community home to deluxe resort residences of Bay Garden Club and Residences, Six Senses Residences, Palm Beach Villas, and Palm Beach West; stylish shopping centers of Blue Bay Walk, and Met Live; PEZA-accredited office towers iMet BPO; spacious event centers of Le Pavillon and Le Parc; elite Nursing school Manila Tytana Colleges; and a pet-friendly park – all set within the emerging Entertainment City.

With a workplace, mall, school, and park just a stone’s throw away, a balanced live-work-play lifestyle awaits residents looking to live the good life.

The Accessibility of a Strategic Location

The South Luzon Expressway and The Metro Manila Skyway

Though it is located on the western coast of Metro Manila, Bay Area is set in a strategic location that can easily access the important places of the metropolis. Bay Area is near the central business districts: Makati, Ortigas, and Bonifacio Global City. The universities along Taft and España Avenues are also just a short drive away; while the theaters at Cultural Center of the Philippines and amusement rides of Star City.

Travel to and fro Bay Area is also convenient with numerous roads and skyways connecting the area to the rest of Metro Manila. There is the Metro Manila Skyway System, Manila–Cavite Expressway or Coastal Road, C5 South Link Expressway, NAIA Expressway, Macapagal Boulevard, and more. Mi Casa is also near the Ninoy Aquino International Airport and Port of Manila, providing more convenient transportation between the other destinations in the country.

The High Return on Investment

Colliers International Philippines projects that the Bay Area will be among the most in demand and expensive condominiums for sale that will go beyond PHP300,000 (USD 5,700) per sqm. The high demand and the subsequent soaring price can be attributed with the influx of Chinese expatriates working in the Philippine Offshore Gaming Operations (POGO) and the rise of Bay Area as the entertainment capital of the country that houses four major casino resorts: Solaire Resort and Casino; City of Dreams Manila; Okada Manila; and Resorts World Bayshore.

Based on the other residences in Metro Park such Bay Garden Club and Residences and Palm Beach West, the prices per square meter has risen exponentially over the years. In 2017, Palm Beach West is worth around Php 212,000 per square meters; which rose to Php 312,000 per square meter in 2019. That is a 47% increase in just two years.

“The best thing about investing in a Federal Land condo is its quality. I know I can resell or lease at high market value because its value is justified. The community is in a great location, the amenities are well-planned, and the unit itself spacious and wonderful,” shares one of the Federal Land condo investors.

—
To learn more about Mi Casa, visit the website at www.federalland.ph or visit the Mi Casa Showroom and Information Center located at Metro Park, Bay Area, Pasay City.

Known for its sky-high towers, luxury shopping, and a large expat community, Dubai is a thriving global city rising within the Arabian Desert. It is no wonder why Dubai is a leading destination of Overseas Filipino Workers (OFWs). With almost 450,000 Filipinos living and working in Dubai, you will surely find “kabayan” nurses and doctors in every hospital and clinic; teachers in international and Filipino schools; architects, engineers, labors in every construction site; accountants, managers, and clerks in every company; sales personnel in every shop; chefs and waiters in restaurants; singers and chambermaids in hotels; and fashion designers, artists, web designers, animators in various freelance businesses. Hence with their diligence and competence, Filipinos in Dubai and other emirates in UAE remitted a total of $1.5 billion or (DH5.5 billion) to support their families back home.

This sunny situation makes Filipinos in Dubai more optimistic with their careers and future. In a 2018 survey of 2,000 Filipino expatriates in UAE, eight out of ten said they are ready to invest in real estate. Many OFWs plans to buy a condominium, house or villa as a retirement nest egg or as a passive supplementary income for their dependents.


A Palm Beach West condo unit can be rented out to young professionals working in the Bay Area Central Business District or resold to a family that is upgrading to condominium living.

Opportune Time for Investments

With numerous infrastructure investments from the government and the private sector, the World Bank sees the Philippines continue to be the fastest-growing economy in Southeast Asia. Moreover, organizations such as US News and Asia Property HQ also named the Philippines as the best country to invest in the region.

Though the house and condominium prices in the Philippines is rising, the Philippine peso is still weak against the US dollar, boosting the Filipino expatriate’s United Arab Emirates Dirham (AED) purchasing power in the Philippine market.

Properties in central business districts such as Makati, Bonifacio Global City (BGC) and Bay Area command highest prices due to its high demands and subsequent high returns. In a recent report, global real estate organization Colliers International Philippines sees the capital value to continue increasing with an average price of a prime three-bedroom unit in the secondary market ranging between PHP131,000 and PHP329,000 per sq. meter, increasing between 5% to 6.5%.

Colliers also sees rental yield to grow as developers pop up new supply. At the same time, demand in the secondary market will be sustained by a mix of demand from foreign and local professionals. Thus buying a home to rent out or resell is very attractive.


A Quantum Residences condo unit can be converted into a dormitory to cater to students studying in the university belt or to young professionals working in Makati Central Business District.

Property Recommendations

For first time investors, it would be prudent to start with a moderate risk investment that has potential for high returns. Condominiums on the fringes of Makati, Pasay and Quezon City have a lower capital but relatively high demand from young professionals working on the central business district and mid-income families that are upgrading to condominium living.

Condominiums near leading universities are also good investment opportunities to rent to college students coming from various parts of the country. Condominiums in Marikina can be advantageous for its proximity to the University of the Philippines – Diliman, Ateneo de Manila University and Miriam College.

Properties in Cavite should entice families from Southern Luzon, especially with the completion of the road and train projects that will connect the south to the center.


A Florida Sun Estate house and lot property can be rented out or resold to a family who want to raise children away from the hustle and bustle of Metro Manila.

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For Filipinos in the Middle East who want to know more and interested invest in various Federal Land projects, visit our property page or join us in the Philippine Property and Investment Exhibition on April 26-27, 2019 at Marriott Deira, Dubai, United Arab Emirates.

MANILA, Philippines — Federal Land Inc. is bringing Japan’s oldest department store chain to the Philippines to give Filipinos a new shopping experience.

In a statement, Federal Land said it would put up the first Mitsukoshi Mall in the Philippines to rise in Bonifacio Global City.

The company partnered with Japanese real estate developer Nomura Real Estate Development and retail specialist Isetan Mitsukoshi Holdings Ltd. for the development of The Seasons Residences.

Read More: Phil Star

Though San Juan City is the smallest in Metro Manila, it certainly has big things to offer. The city is home to shopping centers, entertainment hubs, topnotch schools, premier hospitals, exclusive clubs, and food crawls. It also a prime real estate with easy access to Makati, Ortigas and Bonifacio Global City central business districts. Its upscale status complemented with a proud history makes it an idyllic place to live, work and play.

So from golf courses to shopping centers to music theaters, here are the 10 things you should not miss when in Greenhills, San Juan City.

1. Shop Till You Drop at Greenhills Shopping Center


Image via Wikimedia Commons

Known as a “tiangge” haven, Greenhills Shopping Center is one of the go-to places of bargain hunters looking for great finds at affordable prices. With over 2,000 stores within its malls and tiangge section, Greenhills Shopping Center has dedicated sections for clothing, furniture, décor, grocery, entertainment, and pearls – a definite something for anybody.

For branded items and other commercial needs, there are several malls within and near San Juan City such as the Promenade Mall, Robinsons Galleria, SM Megamall, and Shangri-La Plaza.

Did you know?
Retail giants Plains & Prints, Celine (CLN), Bayo, Kamiseta, Bench, Folded & Hung, Toby’s, Odyssey, Astro Vision, and Ricky Reyes started as small shops at Greenhills Shopping Center.


Image via Flickr

Did you know?

Greenhills Shopping Center is a world-famous pearl hub, where both local and international celebrities, fashion designers, dignitaries, and pearl collectors come to buy pearls. Famous people who visited the Greenhills pearl market include Rihanna in 2013 and Queen Sofia of Spain in 2012.

Address: Ortigas Ave, San Juan City
Mall Hours: 10 AM – 9 PM Sunday to Thursday; 10 AM – 10 PM Friday to Saturday

2. Get your Health Checked at Cardinal Santos Medical Center


Image via My Philippine Life

Founded by the Maryknoll Sisters before the World War II as the St. Paul’s Hospital of Manila, Cardinal Santos Medical Center is one of the Philippines’ leading hospitals specializing in the fields of cardiology, neurosurgery, oncology, and rehabilitation medicine. It is also known for its expertise in pediatrics, obstetrics, and gynecology, pulmonary medicine, nephrology, urology, and minimally invasive surgery.
In recent news, Cardinal Santos Medical Center was awarded the DOH Star Awards 2018 Top 10 (Level 3 category) by the Department of Health during the 69th Philippine Hospital Association’s Annual National Convention.

Address: 10 Wilson St. Greenhills West, San Juan City
Telephone: +632 727 0001

3. Play golf at Wack Wack Golf and Country Club


Image via Flickr

A favorite of young and season executives, Wack Wack Golf and Country Club (WWGCC) is one of the country’s most exclusive and elite golf and country clubs. WWGCC is mainly known for the two 18-hole professional golf courses: the East and the West courses. The East course, with its rolling greens, water hazards, and tricky Par-3, Hole No. 8, is known to be the tougher course. It is host to prestigious events such as the Asian Circuit, and Philippine Golf Open Championship. The West course, on the other hand, is more of an everyday course enjoyed by the club members, and their guests.

Did you know?


Image via Lou Gopal

William James Shaw founded WWGCC in 1930 after Larry Montes, a caddie who won the Philippine Open Tournament in 1929 at Manila Golf and Country Club, was asked to leave the tournament celebration. WWGCC open door policy welcomed all golfers without discrimination.

Address: Old Wack Wack Rd, Mandaluyong City
Telephone: (02) 723 8558
Office Hours: 8 AM – 5 PM Monday to Sunday

4. Say your prayers at Santuario de San Jose


Image via Wikimedia Commons

A shrine to Saint Joseph, husband of Mary, Santuario de San Jose in East Greenhills is dedicated to lead its parishioners and their families to piety, like St. Joseph led the Holy Family. Santuario de San Jose is the home parish of the Holy Family Chapel in Greenhills Shopping Center, and the Immaculate Conception Chapel, and the Sacred Heart of Jesus Chapel in West Crame.

With its simple elegance and exclusive location, Santuario de San Jose is also a popular location for weddings. The interior is a mix of red, gold and wooden accents with stained glass windows giving a cozy and classy ambiance. While its location within exclusive subdivision means the ceremony is solemn and undisturbed.


Image via Pinterest

Address: Duke corner Buffalo Sts., East Greenhills, Mandaluyong
Telephone: (02) 7252044

5. Relive history at Club Filipino

Within the upscale city of towering condominiums, posh subdivisions, vast shopping centers, and exclusive golf club of Greenhills stands an actual piece of history. Founded in 1989, Club Filipino is the first exclusive social club in the country. It is established as an elite gentlemen’s club, with the Ilustrados and Filipino politicians as its first members. Throughout the years, the club hosted several significant political events that shaped the country, most notably the first celebration of Rizal Day in 1898 and the presidential inauguration of Corazon Aquino in 1986 People Power Revolution.


Image via Inquirer.net

Today, Club Filipino holds balls, parties, and conferences to its members. Its present amenities include swimming pool, tennis, badminton, and squash courts, bowling alleys, outdoor restaurant, salon, and “Kalayaan Hall,” an indoor events/reception room.

Address: Club Filipino Avenue cor. Eisenhower Street, Greenhills Subdivision, San Juan City
Telephone: (02) 722 2001

6. Enjoy Entertainment at The Music Museum


Image via Music Museum

More than a shopping mecca, San Juan City is also a hotbed of creativity and arts. The Music Museum is a cultural metropolis that hosts all things music, theater, and entertainment of all genres. Established by Kuh Ledesma in 1988 to give the local audiences a taste of New York and Las Vegas, the Music Museum is a combined theater-restaurant where guests could eat and drink during performances. The Music Museum has been the stage for countless Filipino talents and houses several showbiz memorabilia such as Nora Aunor’s “Tawag ng Tanghalan” trophy, Apo Hiking Society’s first entertainment contract, and Lisa Macuja’s first ballet shoes.

Did you know?

The Music Museum has expanded to add dining, shopping, and entertainment hub complex now known as the Music Museum Group. It includes Shoppesville Plus, Theater Mall, Promenade Mall, and Teatrino, the biggest little theater in the city.

Address: Service Rd, Greenhills, San Juan City
Telephone: 721 0635 / 721 6726
Hours: 10 AM – 6 PM Monday to Sunday

7. Appreciate art at Ronac Art Center


Image via Yellow Pages PH

Ronac Art Center, a brainchild of Bigboy Cheng, is Metro Manila’s newest hub for contemporary art and retail. It houses some of the hippest boutiques in town like toy store Secret Fresh; German shoe retailer Unschld; one-stop skate shop We Legendary, Asian streetwear Terminal, concept store Progress; plus, a slew of diners, burger joints, coffee shops, and a yogurt bar. It also features gallery spaces, events halls, and a basketball court.

The Ronac is also known for its interesting façade, which is inspired by a mattress. The large gray block with uneven windows is the foam, while the spiral staircase is the spring – an incredible representation of the family’s other business, Uratex.

Did you know?

The façade’s uneven windows are actually the short and long dashes of Morse code of the Daft Punk song: “Work it harder, make it better, do it faster, makes us stronger.”

Address: 424 Ortigas Ave., San Juan City
Telephone: (02) 570 9815
Hours: 10 AM – 8 PM Monday to Sunday

8. Tag your friends at Lazer Maxx Greenhills


Image via Lazer Maxx Ph Facebook page

This futuristic fun for the whole family and friends is a modern take on the backyard staple game of tag. Lazer Maxx in Greenhills involves high tech laser guns, glowing vests, inflatable obstacles, bad villains, and “The Incredibles” theme song to provide an epic superhero experience.

Address: Greenhills Shopping Center, Ortigas Ave, San Juan City
Telephone: 584 5958
Hours: 12 NN – 9 PM Monday to Friday; 10 AM – 10 PM Saturday to Sunday

9. Check out the best schools

Image via Wikimedia Commons

A home in Greenhills, San Juan means your children are within arm’s reach of some of the best schools in the country. For instance, a residential condo in One Wilson Square puts you and your family right in the middle of several exclusive schools: OB Montessori Center, six-minute drive; La Salle Green Hills, seven-minute drive; Immaculate Conception Academy, eight-minute drive; and Xavier School, nine-minute drive. For higher learning, San Juan is home of the Asian Institute of Journalism and Communication, five-minute drive; Polytechnic University of the Philippines – San Juan Campus, six-minute drive; St. Augustine School of Nursing, seven-minute drive; and St. Pedro Poveda College, 10-minute drive.

And since San Juan City is in the middle of Metro Manila, going to top schools in other cities can be convenient. Going to Reedley International School in Pasig City is only an 18-minute drive; International School Manila in Bonifacio Global City, Taguig is only a 25-minute drive; Ateneo de Manila University in Quezon City is only a 17-minute drive; and University of the Philippines-Diliman Campus in Quezon City is only a 25-minute drive.

10. Wine and Dine at Gloria Maris Restaurant


Image via Gloria Maris Greenhills Facebook page

Craving for authentic Cantonese cuisine? Gather your family and friends for fine dining at the Gloria Maris Sharks Fin Restaurant in Greenhills. With the finest ingredients, Hong Kong chefs, and courteous staff, Gloria Maris will take the fine dining experience to a whole new level. The Gloria Maris in Greenhills caters to a variety of palates: the Hot Pot, a casual Hotpot dinner; the Dimsum Kitchen, a popular weekend breakfast hangout; the Main Dining accommodates fine dining lunch and dinner; the VIP Rooms reserved for intimate gatherings; and the Banquet Hall to celebrate weddings and other special occasions.

Address: Greenhills Shopping Center, Ortigas Ave, San Juan City
Telephone: (02) 570 0921
Hours: 11 AM – 2:30 PM; 6 PM – 10 PM Monday to Sunday

Want to be in the middle of these hotspots? Federal Land, Inc.’s One Wilson Square has ready for occupancy condominium units for sale and for rent. Located within the upscale Greenhills, San Juan City, and just a stone’s throw away to Ortigas and EDSA intersection, One Wilson Square provides your family convenient access to central business districts, and spacious and exquisitely appointed homes of comfort and luxury – created with careful attention to every aspect of life.


Image via One Wilson Square