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Thursday, April 25, 2024

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PH real estate investment bounces back, sees growth in 2022

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In photo: SMDC Light 2 Residences in the EDSA-Mandaluyong area is a prime property that has its own mall and a direct connection to the EDSA-Boni MRT-3 Station.

After two years of shuttering and sheltering in place, the world is opening up again. Due to increased vaccination rates and widespread observance of health protocols and safety measures, economies are moving in the direction of post-pandemic recovery and growth. 

With a steady path towards economic reawakening, the Asian Development Bank estimates a 6% increase in the Philippine’s GDP, while the National Economic and Development Authority forecasts a growth acceleration of up to 9% in 2022. 

As restrictions continue to ease, Filipinos are emerging from pandemic-induced lockdowns ready to rejoin the daily grind–now with a better perspective on what’s important: comfortable, safe, and strategically-located homes. All over the country, the transportation infrastructure has improved, carving better pathways between home and office. Now, you can live in your ideal community that’s accessible to work, to your basic needs, and to leisure destinations.

Making Safe Spaces Attainable

Among the lessons the global crisis has taught us are the value of human life. Thus, as the global community turns its page into a better normal, living in a safe, healthy, and sustainable environment is now a primary consideration.

Committed to developing good thriving communities, SM Development Corporation (SMDC) has consistently focused on bringing trailblazing solutions in property development that satisfy the longing of Filipinos not just for shelter but for a home to flourish and live a better quality of life in.

SMDC has built ahead of the changing attitudes and considerations toward home ownership. Even prior to the pandemic, it has already incorporated allotting more than enough open spaces in its developments, even to those properties located in Metro Manila, to cater to its resident’s active lifestyle and to provide them the needed relaxation and convenience in mind. 

SMDC Glam Residences, located right off Quezon City’s rising Central Business District, is a master-planned property perfect for millennials.

With safety being one of the key priorities today, SMDC, through its exceptional property management arm—Greenmist Property Management Corp. (GMPC), provides comprehensive services, including putting health and security measures in place and ensuring that daily operations run smoothly, to ensure that residents enjoy a stress-free and comfortable environment. 

Having a home that offers a healthy and safe environment is obtainable with SMDC. SMDC has various properties all over the Philippines allowing you to find the perfect place for your lifestyle. 

True to its mission of creating a nation of homeowners, SMDC makes home proprietorship attainable. Not only that, SMDC’s affordable price points and payment terms will make the value proposition attractive to even the novice investor. 

Providing access to vast opportunities and basic necessities

As the working sector slowly bids goodbye to the work-from-home setup and welcomes return to the office, many professionals are looking into living in/renting a place that provides convenience and ease going to their work.

If location is your primary consideration, look into the various SMDC properties, as they are conveniently located near business centers, major thoroughfares, transportation hubs, and other government infrastructure. 

Further, SMDC developments are built with or are close to lifestyle areas, shopping centers, entertainment hubs, and tourist destinations that make everything you need and everything that matters within your reach.

Fostering Future-Ready Investment

All of these combined spells a promising future in real estate investment. The increasing demand for well-built, sustainable homes makes investing in SMDC units a lucrative proposition. With its strategic locations, world-class amenities, and excellent property management services, SMDC properties draw development and, consequently, property appreciation over time. 

Real estate experts are hopeful that the Asia Pacific market, including the Philippines, will benefit from an influx of capital in 2022. This is complemented by the rapid rise in demand for condominiums this year. In addition, many infrastructure projects have been or are set to be completed soon, driving prime SMDC property values even higher over time.

If you are looking into having your property rented, SMDC’s Prime Key Leasing will do the work for you. With its professional experience and dedicated team, property owners are assured that end-to-end leasing transactions, from property listing to tenant move-in and move out, and everything in between, will be properly handled and managed.

Banking on the positive outlook for the Philippine economy this year, supported by various infrastructure development and completion, it is indeed the best time to take advantage of the benefits of real estate investment, especially in SMDC developments. Rising in prime areas that are seen to drive economic activity, investors should not miss this opportunity to own a property that could help you accumulate wealth and generate passive income. 
Experts agree that the Philippine real estate market is poised to take off once again. Make sure you get a piece of the action with an investment in SMDC. Visit https://smdc.com/ to make that sound investment.

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