Location is a crucial aspect of buying a home. Most buyers prefer to invest in a property that is in a premier location like a downtown area or close to a township. Such an ideal location is Makati City in the Philippines. Dubbed as the financial capital of the Philippines, Makati has been an ideal residential location since the 1970s.
If you still need convincing to invest in a property in the Philippines, here are five reasons you should consider Makati City.
Makati is a Prime Location
Being the Philippines’ financial center, Makati remains a prime spot for investment, entertainment, tourism, and education. The business district is home to over 60,000 commercial and retail establishments, 2,000 corporations, 472 bank head offices, 87 embassies, 160 schools, 48 shopping centers, 14 hospitals, and six five-star hotels.
The Makati Central Business District is also home to multiple condominium developments strategically located close to the establishments mentioned above. You’ll also find premier villages such as Urdaneta, Dasmariñas, Forbes Park, San Lorenzo, Bel-Air, and Legazpi positioned close to prime roads, shopping centers, schools, and transportation hubs.
Accessibility to Anything and Anywhere
The residential areas of Makati are positioned close to the offices, schools, malls, hospitals, and shopping centers. Investing in a condo unit or house in the CBD means you will be minutes away from all the prime establishments and services that make your life more convenient and comfortable. Take The Rise Makati in San Antonio Village as an example. The pinwheel-shaped condo is minutes away from Teleperformance Ayala, RCBC Plaza, the Makati Medical Center, San Antonio National High School, and the Manila South Cemetery. The Rise Makati is also at the corner of Ayala Avenue and Senator Gil Puyat Avenue, making the condo accessible to EDSA and the City of Manila.
High Investor Confidence
Being home to various corporations, commercial establishments, educational institutions, consulates, and medical centers, Makati City’s economy continues to boom. The city’s continuous economic growth leads to many seeking employment in the city.
Makati’s heavy traffic jams can be interpreted as an indicator of commercial growth that will continue to expand in the future. The city’s traffic condition is also a driver for seekers to move into the residential areas of Makati to be close to their workplace and the CBD’s establishments. The influx of people going to Makati makes the city ideal for all sorts of investments.
A Hub of Premier Education
For years, the City of Manila has been the traditional hub of education as it is home to the centuries-old University Belt. However, Makati has also emerged as a new University Belt due to the expansion of notable educational institutions such as the Centro Escolar University, Mapua University, and the Far Eastern University. Graduate schools such as the Ateneo Graduate School of Business and Ateneo School of Law are located in the elegant Rockwell Center.
A City of Sustainability
Makati may be a thriving city that screams sophistication and economic growth. Still, it is a city that gears towards sustainability by expanding and maintaining open spaces for the wellness and recreation of Makati locals and visitors. Examples of these open spaces can be found in premier condo and hotel developments where you can see exquisitely landscaped garden lounge areas. Parks such as the Ayala Triangle Gardens, Greenbelt Park, Legazpi Active Park, and the Manila Polo Club are some of the vast open spaces that offer verdant surroundings to residents and guests.
Overall, Makati City remains a competitive spot for real estate development and investment, and will continue to grow and fulfill the needs of many homebuyers in the future. Consider these five reasons and you will never go wrong with your property investment in Makati City.