04/03/2023
Sabi nila, "Kung san may SM, dun ka mag-invest. Kasi sigurado tataas ang presyo ng investment don."
Have you ever heard of that advise? They are not wrong. Dati kapag may mall na itinatayo, people would always expect more investments to be developed around it's area.
So let's talk about TOWNSHIPS.
As the real estate market in the Philippines continues to grow, developers are now focusing on creating townships as a way to offer a comprehensive and holistic lifestyle to residents.
These townships offer everything from residential units to commercial spaces, retail outlets, and even recreational facilities, all within a self-contained community.
Anong ibig sabihin no'n?
Before, people invest in condos. In house and lots.
Now, there has been a very big shift on how developers offer their projects. Developers now create townships and not just single stand alone projects.
Let's take Mall of Asia area for example..
Did you know that the SM Mall of Asia (MOA) area, developed by SM Development Corporation (SMDC), is now one of the most sought-after investment destinations for OFWs and business people in the Philippines?
Since its inception, the MOA area has undergone significant development and growth, transforming into a bustling and dynamic city.
Today, it features several world-class SMDC developments, including residential towers, a hotel, a convention center, and numerous retail and dining options.
It is also home to several SMDC condos.
SMDC's developments in the MOA area, such as Shore Residences, Sea Residences, and Sail Residences, have consistently delivered high rental yields, making them a great investment opportunity for those looking to generate passive income.