Friday, 25 September 2015

The Best in Daang Hari



The south is no longer as provincial as city folks once thought it was. Much like the Fort’s transformation from a military base to an area dedicated for business and leisure, the development is furthering its way south.

The South is currently populated by various hotels to accommodate its rise in tourism and development. In addition to this, many businesses like BPO’s and even multinational corporations have set up in the area. Southerners now also have many options to choose from to spend their weekends on as many lifestyle and entertainment areas are also emerging.

Following the footsteps of Makati, Fort Bonifacio and Ortigas, Alabang is poised as the new CBD in Metro Manila. Deemed as an alternative area for some major multinational corporations, Alabang is also known as a commercial and residential center in southern Metro Manila.  Alabang will also profit from the major infrastructure projects that will link Alabang to other areas such as The Manila-Cavite Expressway (Cavitex); South Luzon Expressway-Daang Hari Road; Muntinlupa-Cavite Expressway (MCX); and the Cavite-Laguna Expressway (CALAX). These roads will offer new routes to minimize the travel time without being stuck in a traffic jam in Metro Manila.

Based on a study conducted by independent property research firm Cuervo Far East, the rise of the Southern Manila West Growth Area (WGA) states that this part of the metro might just be the next CBD. The study noted that this area is a promising location for future property investments as property values may soar to around P100,000 per square meter or higher by 2019 based on a 10 to 15-percent annual increase in values

With Alabang’s apparent growth, real estate moguls are taking notice and bound to take advantage of this opportunity. But what recent development can we consider the best in Daang Hari?

Some of the biggest real estate developers already have invested in this area such as Ayala Land, Megaworld, Filinvest and Vista Land. Just recently, Megaworld announced it is building a 62-hectare township development with an upscale village called Alabang West along Daang Hari in Las Piñas City, and it has been selling lots like hotcakes since its launch.




The township will also devote 6,860-square meters of open space for its exciting lifestyle amenities in the clubhouse. This include the badminton and basketball courts, function rooms, cabanas, game room, café and al fresco dining areas, fitness center, pocket gardens, open space parks, infinity pool, and others that ensure comfort.

Strategically located at the heart of Alabang's high-end communities and golf course, it is conveniently accessible through major access points such as South Luzon Expressway-Alabang Exit, Filinvest Exit, and the upcoming Daang Hari Exit. Its close proximity will let you move around the Metro within approximately 15 minutes and easily access major central business districts such as Makati and Taguig.


Alabang West is vied to become the country's Beverly Hills of the South through its Hollywood theme that offers the best of a commercial and business lifestyle with its own Rodeo Drive (its dedicated shopping strip named after the famous shopping district in Beverly Hills) together with an exclusive village for elite clients.

With Alabang West’s commercial developments on the way, Megaworld will be holding off sales for the residential lots for a year by October 2015 to make way for the construction of the Rodeo Drive commercial strip. This being said, the value of the residential lots in Alabang West will then catapult its way up from a value of from an estimated 49,000 Php per sqm to 75,000Php per sqm by late 2016, which would continue to increase at a steady 10-15% per year value and would most likely exceed the research's prediction of 100,000Php per sqm by 2019. 


With this Megaworld project's forthcoming increase in mind, there really is no better time to invest but now. Double your net worth with a sound investment in Alabang West.



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