Metro Manila (CNN Philippines) — Tough times call for smart investment choices. With the value of the peso depreciating and inflation rising, we need to be more informed and strategic about where to put our money lest we burn our hard-earned income. Many are asking, “Is there an investment tool that is more future-proof than others?” The answer is real estate.
The Philippine property market is on track to gradual recovery as shown by improvement in third-quarter net take-up and launches, according to property services firm Colliers Philippines.
In its Q3 2022 report, Colliers noted a strong residential condo take-up reaching 6,100 units. This brings a total take-up of 14,900 units for the first nine months of 2022, already outpacing full-year 2021 figures. Colliers believed that residential demand is supported by improved consumer and business sentiment and a steady inflow of OFW remittances.
In the secondary market, Colliers reported that rents and prices will continue to increase by 0.4% and 1.2% respectively, propped up by the return of employees and expats in the central business districts (CBDs).
All these figures point to real estate as a solid investment choice. Now we ask, “What makes a good real estate investment?” Make sure that when you finally decide to purchase, it will be a property that has a strategic location, world-class design, and wellness amenities that are ideal not only for us buyers, but also for potential tenants, should we choose to lease our unit in the future.
With this frame of mind, one will be easily attracted and drawn to The Grand Midori Ortigas by Federal Land Inc., a two-tower condominium designed by Tange Associates, a world-renowned Japanese architectural firm founded by 1987 Pritzker Laureate Kenzo Tange. The developer’s first foray into Ortigas Center, The Grand Midori Ortigas aspires to bring the art of Zen living to the city.
Investing in Ortigas Center
One of the main central business districts in Metro Manila, Ortigas Center is a thriving hub home to large national and multinational companies, top schools, world-class hospitals, stylish malls, five-star hotels, and exclusive residential communities.
Ortigas Center is an ideal address, being at the geographical center of Metro Manila with several access points that lead to major locations and business districts such as Makati and Bonifacio Global City. Various modes of public transportation service the district, making Ortigas a sought-after location by both local and foreign occupants.
The Grand Midori Ortigas easily connects residents with everyday essentials. Transportation to other prime Metro Manila CBDs is also made easy by infrastructure developments such as the Ortigas Greenway Project and the BGC-Ortigas Link Bridge, also known as the Kalayaan Bridge. Ortigas will also be host to two stations of the upcoming Metro Manila Subway System — the Ortigas North Station and the Ortigas South Station.
Aside from steady appreciation and accessibility, peace of mind and serenity also attract potential tenants, homeowners, and real estate investors. The Grand Midori Ortigas, named after the Japanese word for “green”, presents Zen living that comes with getting in touch with lush nature, fresh shoots, new leaves, and growing plants. This concept is translated to its interior and landscape design further adopting “wabi-sabi” and “miyabi”, Japanese concepts that focus on the beauty in imperfections and the expression of elegance and refinement.
A piece of Japan is also brought to the establishment’s façade design courtesy of weave patterns associated with Japanese architecture.
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