Vista Residences see bright prospects in Metro Manila condo market

The bullish economic outlook is contributing to the upswing of Metro Manila’s residential property, specifically a surge in condominium developments. Furthermore, property analysts said investors are still yearning to own a piece of property in the bustling capital, as businesses regain their footing and the job market continues to expand.…

TotalThe bullish economic outlook is contributing to the upswing of Metro Manila’s residential property, specifically a surge in condominium developments. Furthermore, property analysts said investors are still yearning to own a piece of property in the bustling capital, as businesses regain their footing and the job market continues to expand.

The result saw the continued construction of condominium projects in the metropolis as Filipino individuals and families realize the benefit from the mobility, convenience, and accessibility these offer. This is validated by the numerous project turnovers in the second half of 2023, which likewise sends a good signal to prospective property investors.

Eda Tambologan, Division Head of Vista Residences, acknowledges the urgent demand for more high-quality condominiums in the big cities. “With condo investments posting positive growth, Vista Residences will continue to deliver top-notch projects to the Metro-Manila market,” she says. “Our goal is to offer Filipino investors and home seekers noteworthy options where they can thrive personally and professionally.

Over the past six months, Bondoc observed that demand for residential leasing has picked up partly driven by demand from foreign employees of outsourcing firms, consular offices, and multilateral lending firms based in Makati commercial business district , Ortigas Center, and Fort Bonifacio. He also emphasized these business hubs have also been benefiting from improving office space take-up.

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BusinessMirror /  🏆 19. in PH

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