When investing in real estate, discerning property seekers are not only after accessibility but also future opportunities. They put great importance on the location and investment potential of a property before making a decision.
Taking these into consideration, Pasig and Cavite–areas prioritized for infrastructure projects –stand out as noteworthy places in the Philippines for property investment. Data from Lamudi’s 2023 Hotspots Unwrapped also back up this claim.
Pasig: More Than Work and Hustle
Pasig City is known for the Ortigas Central Business District (CBD) and numerous high-end malls such as The Podium and Shangri-la Plaza that house both local and international lifestyle brands catering to the upscale market. The Department of Trade and Industry (DTI) considers Pasig one of the highly urbanized cities (HUC) with the most improved rankings in 2023. From Rank 11 in 2022, Pasig ranked ninth in their 2023 data.
Pasig is also the fourth most viewed city for commercial properties based on Lamudi data for 2023. The city recorded an impressive triple-digit growth in leads for commercial properties for sale from Q3 to Q4 of 2023. Aside from Pasig being home to the Ortigas Center and providing easy access to the central business districts in Makati and Taguig, the city is also poised to attract employees who want an easier commute to their workplace.
Of course, Pasig is about more than just work and hustle; the city is also filled with malls and food hubs, including SM Megamall, Estancia, and Kapitolyo. Aside from accessibility by land via trains, buses, and jeepneys, Pasig also offers alternative modes of transport via the Pasig River.
With a wealth of employment opportunities in Pasig, it is no wonder that Lamudi sees the young working generations dominate property seekers in this city. Nearly half of property seekers in Pasig are interested in condos and other rental properties to live closer to work. There’s also property interest from Singapore, with overseas seekers most interested in condos, followed by houses and lots.
Cavite: In a State of Unstoppable Progress
The metro is not the only place contributing to the country’s national growth. Cavite in the CALABARZON Region is also seen as one of the progressive provinces regarding economic growth and development. The Philippine Statistics Authority’s data showed that Cavite recorded the fastest economic growth in 2022 at 9.2 percent versus CALABARZON’s 7.8 percent in the same year.
The completion and ongoing major development projects in Cavite, such as the Cavite-Laguna Expressway (CALAX), the Manila-Cavite Expressway (CAVITEX), the Bataan-Cavite Interlink Bridge, Sangley Point International Airport, the Cavite-Tagaytay-Batangas Expressway (CBTEX), and the LRT-1 Cavite Extension will continue to improve Cavite’s connectivity. These infrastructures make the province crucial to delivering goods and people to the metro and other parts of the country.
Seeing what Cavite is now and what it could be in the future, numerous real estate projects exist in the province at different price points. The province has a strong buying market, with interest mainly coming from millennials and younger Gen Xers. Lamudi’s data also showed Tagaytay, Bacoor, and Dasmarinas as some of the most viewed cities in the province, highlighting their popularity as property investment destinations.
Lamudi also noted a high interest in Cavite from Singapore, a country with a high concentration of affluent Asians looking for a good return on their investments. These international property seekers were primarily interested in residential, agricultural, and commercial lots.
Identifying Locations with High Investment Potential
The real estate market in Pasig and Cavite is highly competitive, with various options available for rent and sale at different price points. To cater to the demand from urban affluent professionals and investors who want to diversify their portfolio and own high-end properties in and near Metro Manila, Lamudi has partnered with trusted real estate developer Alveo to bring their supply to the property platform.
Alveo’s offerings include The Lattice at Parklinks and Portico for high-end property seekers interested in condos in Pasig. Bridging Pasig and Quezon City, investing in a condo unit at The Lattice at Parklinks does not only allow hassle-free access to two of the most progressive cities in the metro; it also allows residents to enjoy urban life closer to nature.
This master-planned condo development gives unit owners access to malls, offices, and residences that are only five minutes away on foot thanks to a well-designed and managed walkway system. The Lattice at Parklinks will also dedicate 50 percent of its development to parks and open spaces.
For investors who prefer versatile lot options, Cavite developments such as Ardia Vermosa in Imus and Hillside Ridge in Silang are recommended. As a mixed-use project that merges the perfect balance of life, work, leisure, and nature, Alveo’s Ardia Vermosa has a high value appreciation for lot investments now and in the future. As a project with a strong Ayala Land heritage, owning a piece of land here is like owning a future-proof property you can customize based on the demands of the time.
Learn more about Alveo and their projects in Pasig and Cavite by visiting Lamudi.