Taguig is among the largest metropolises in the Philippines, being the 4th most populated city in Luzon. It hosts several important economic infrastructures that are vital to the country such as the Philippine Stock Exchange and the Bonifacio Global City.
Due to its status as an integral economic hub, Taguig can be perceived as a beacon of opportunity for many eager Filipino and foreign businessmen. Anyone looking for a high-end job in business or in the tech industry can find it there so long as they have the necessary qualifications, experience, and determination. With the current pricing of property continuing to rise as the city further progresses into modernity, there are several reasons as to why investing in one or two of those assets can be deemed as a wise move.
Below are three reasons why investing in a condo in Taguig is a good idea for any upper-middle-class Filipino.
1. Condos are strategically positioned
Any professional property developers who know what they are doing understand that location is key before and during the process of developing new properties. In a prominent place such as Taguig, it is expected that most high-end properties would be built only in the most optimal areas.
Condominiums are no exception, with most of them being constructed within the proximity of essential facilities such as hospitals, schools, and shopping centers. When one is considering investing in a condo unit, perusing their locations via applications such as Google Map and doing in-depth research can allow one to immediately identify what businesses and venues are close to said buildings. A good condo ensures that their tenants would never have to struggle whenever they try to provide for themselves.
Any quality condominiums built in Taguig are guaranteed to follow this standard, thus making them worthwhile investments as the city continues to grow.
2. Condos are less expensive than house and lots
Because of the opulence of Taguig brought upon by its rapid economic growth, it is no surprise that the properties there are or will be in high demand. To reflect this, their prices are steep, requiring much investment of savings for some families or individuals belonging to the upper-middle class.
Investing in a condominium unit can act as a good starting point for any first-time investors, especially if the said property is in a 1st class city such as Taguig. While not as valuable as an RFO house and lot, a condominium can still be a worthwhile investment for the aspiring investor. When taking into consideration the pricing of houses in Taguig, a condominium is not a bad start for those wanting to dip their toes into buying real estate, especially for those that are living alone or do not have a large family. Coupled with the fact that many of the properties in Taguig were built by professional property developers such as Crown Asia, the condition of those said real estates are sure to be excellent.
When weighing the benefits and drawbacks of owning a condominium versus an RFO house and lot in such an expensive metropolis, it may be wise to consider investing in the former depending on one’s financial status.
3. A condo in Taguig will become more valuable over time
Lastly, the most important factor to consider as to why buying a condominium in Taguig is a smart decision is simply due to the predicted future of the city itself. Because of its present status as an important technological and economic center in Luzon, the prominence of Taguig will only skyrocket over time as more advances are made within it.
The prestige of owning property in such a city can greatly increase its value, whether it is a large house and lot or a humbler condominium unit. As more people start to migrate to Taguig for the purpose of finding work, the demand for homes will also swell, especially for properties of better caliber. A savvy investor with an eye for the future can easily see that buying a property in Taguig will pay great dividends in the future. With enough patience and care, one can take advantage of the growing importance of Taguig to maximize their profit upon finally reselling their condominium investment.
For a starting investor, making plans on purchasing property in Taguig, even if it’s just a condominium unit, can be seen as a safe decision for as long as the current positive trend of its development persists for years to come.
In conclusion, there are several advantages associated with buying a condominium in Taguig. Ranging from the excellent positioning of said properties, their relative affordability in comparison to house and lot properties, to their potential for profit in the future, an investor can see the value of investing in such real estate.
Due to the glut of condominiums in Taguig however, it can be daunting to decide which property to buy. When one is considering buying a condominium in Taguig, a good choice would be The Courtyard by Crown Asia.
Constructed to provide a luxurious resort-like atmosphere, The Courtyard not only embodies the modern appeal of the urban lifestyle but also does so with convenience at the forefront. Located near the Bonifacio Global City, any present and future tenant of the condominium will not have to worry about enduring a long and tiring commute when heading to the said location at all. The condominium also features amenities that many would benefit from such as a private pool, exercise facilities, and more.
Combined with its potential as a high-value property as Taguig continues to grow, not only would any potential investor be getting a high-quality home, but also an excellent investment for the future. A homeowner may utilize their unit to plan for investing in larger-scale properties such as an RFO house and lot.
With such great benefits, why not consider The Courtyard? Enjoy not only a beautiful view of the Bonifacio Global City but also the heady promise it provides of a fruitful future.
Related Blog: The Courtyard COHO: Your Dream Home in Taguig