Numerous industries, including the real estate investment sector, are beginning to rebound as the nation’s economic growth begins to stabilize and adapt to the pandemic.
Various real estate developers are already using social media and current real estate technology trends to reach their target market, as well as with ongoing vaccination, which can eventually lead to safer face-to-face interaction and tripping to homebuyers who are looking for a house and lot for sale in Sta. Rosa Laguna and real estate agents, as bright spots for the real estate market in 2022 are already being seen by experts.
Asian Emerging Real Estate Markets: Philippines Real Estate Industry
As a new generation of young professionals who can converse in English is ready to enter the workforce, analysts have a bright perspective for the Philippine economy going forward. This bodes well for the service sector, which accounts for the majority of the nation’s GDP and includes the business process outsourcing sector.
Undoubtedly, BPO is contributing significantly to the nation’s overall economic expansion. The Philippines has been able to expand its BPO industry, making it one of the fastest-growing in the last 20 years, thanks to experts who match the requisite linguistic standards.
The forecast for the Philippines’ economy as it recovers from the pandemic is largely optimistic. Aside from the ones already stated, other industries including manufacturing, real estate property investment in the Philippines, and agriculture are also anticipated to increase.
In the Philippines, the real estate market will have a resurgence in the year 2022. The next year or two would be favorable for the Philippine real estate market. Experts are witnessing a successful economic reopening due to improved mobility and the Filipinos recovering confidence in face-to-face setting-up as the pandemic limitations have been relaxed and major vaccination measures have been handed out.
The real estate sector was recognized as one of the Philippines’ rising markets even before the pandemic began. The capital region’s growing business districts have increased labor demand, which is good for both commercial and residential real estate. Such circumstances are opening the door for the real estate industry to keep expanding over time.
Increasing Numbers of Local and International Homebuyers in the Real Estate Market
Faster growth in the real estate sector will be enabled when the tourism sector continues to rebound after nearly two years, especially given that real estate is a by-product of tourism.
Both locals and visitors who invest in or reside in tourist destinations or locations where developers have positioned themselves in 2020 and 2021 will contribute to this demand for real estate and housing. The COVID-19 pandemic has caused the economy to stagnate, and those who are aware of the new market preferences will stand to gain. Additionally, more OFWs are anticipated to work in real estate by 2022 due to the fact that remittances from overseas Filipino workers are increasing year after year.
Green Properties in the Housing Market Are Gaining Popularity.
Real estate developers are increasingly using greenhouses. Green properties or developments are buildings or residences that are more resilient, healthier for their occupants, and have a reduced carbon footprint than conventional buildings and structures. Valenza, in Sta. Rosa Laguna is in a prime location surrounded by greenery, with 70% open space and 30% residential. Residents of Valenza adore the amount of open space that this neighborhood has to offer. Imagine being surrounded by a community with an Italian theme while working from the comfort of your home.
An Increasing Number of Millennials Are Contacting Real Estate Agents for Buying Homes
Young adults or those between the ages of 25 and 34 are projected to be the new generation of homebuyers in 2022. According to Colliers, the need for integrated or master-planned communities—which include the development of commercial real estate like offices, condominiums, homes and lots, shopping malls, schools, and hospitals—will continue to grow as a result of this working population.
Another characteristic of Millennials is their proficiency with the internet, which might be one of the factors contributing to their dominance in the housing market. Using the most recent real estate technology offered by real estate developers, millennials can quickly search for properties in the real estate market, speak with a real estate agent, look up nearby home sales, keep an eye on home values, or find potential buyers if their current real estate portfolio is experiencing rapidly rising home prices or skyrocketing home values. They can also check out competitive interest rates, reserve, and pay for their desired property.
Master-Planned Communities in High Demand
Filipino families have the luxury of living in a tranquil and secure neighborhood while yet having access to the conveniences of the metro at Valenza, a residential community of Crown Asia by Vista Land. A picturesque neighborhood with sculptures and fountains provides the ideal setting for a delightful life in Italy. The community’s facilities include a pool, a clubhouse, and pocket gardens.
Homebuyers and real estate investors are now highly interested in residential and commercial properties in micro cities, or cities within a city, as well as master-planned communities, or large-scale residential neighborhoods with a large number of recreational and commercial amenities, such as offices, supermarkets, restaurants, and malls.
The main customers and workforce members among Millennials, who favor the convenience that micro cities and master-planned communities may provide, may be responsible for this increase in demand.
Millennials, who are young workers who want to live, play, and settle down in locations like this because of the proximity of their workplace, have driven up home price growth and rental demand in these areas over the past year as single-family housing construction has increased in residential neighborhoods like this.
The Development of the Cities Infrastructure
A community labeled Valenza is located along Sta. Rosa Tagaytay Road, which is conveniently accessible from the South Luzon Expressway exits and CALAX. The hip metropolis of Tagaytay is likewise about 30 minutes away. The Build Build Build program enables this “Golden Age” to emerge! This transition from outdated infrastructure to new ones that are more effective and modernized Filipino way is being ushered in by the build build build program. This government initiative places a focus on rural areas where many people lack access or have already experienced inadequate roads.
Valenza is ideally situated in a spacious, beautiful area of Santa Rosa, where everything you could possibly need is close at hand. This 22-hectare exquisite and private community complex is close to major corporate parks, upcoming infrastructural projects, thriving lifestyle malls, and recreational parks. The neighborhood also emphasizes its green and open spaces while promoting a posh lifestyle throughout the community.
Nearby Schools
- De La Salle Canlubang
- St. Scholastica’s College
- Brent International School
- Caritas Don Bosco School
- Ateneo MBA
- Xavier School
- Miriam College Laguna
- UST (Biggest campus)
Nearby Hospitals
- Southern Luzon Medical Center
- Calamba Doctor’s Hospital
- Calamba Medical Center
- Asian Medical Center
Nearby Shopping Malls & Leisure
- Paseo De Sta. Rosa
- Vista Mall Sta Rosa
- Solenad in Nuvali (right across Valenza)
- Robinsons Supermarket (right across Valenza)
- South Supermarket
- Rustan’s Sta. Rosa
Related Blog: Outlook on Philippine Real Estate Post-Pandemic and Post-Elections
