In the Philippines, it is apparent that the population continues to grow over time. This has additionally led a number of families to look for the best and most suitable house and lot for sale around the country, most frequently in the Metro Manila area.
However, CALABARZON (Region IV-A) was named the fastest-growing region in 2021 by the Philippine Statistics Authority (PSA), according to a Philstar report, with an annual growth rate of 7.6%. All regions “returned to growth mode” in 2021, according to PSA statistics, but CALABARZON stood out as the top performer.
This article will essentially go into more detail on why most families and real estate investors appear to think of the CALABAZON region first when seeking the ideal house and lot for sale to live in or to add to their portfolio.
What is Region IV-A (CALABARZON) Known For?
The area known as CALABARZON, which refers to the well-known provinces of Cavite, Laguna, Batangas, Rizal, and Quezon, is regarded to be the second-most economically prosperous region in the Philippines after Metro Manila.
It is not surprising that CALABARZON contributes significantly to the Philippine national economy and is frequently regarded as one of the richest regions in the nation given the abundance of tourism, agriculture, and trading.
CALABARZON offers the best of both worlds: the advantages of living in a fresh urban setting with close access to the metropolis and at the same time the business centers. It is strategically placed in the south of Metro Manila, sitting on the southwestern of Luzon.
One of the things that makes CALABARZON an economically diversified region is that it is home to numerous tourist spots. The area is a famous destination for both domestic and foreign tourists because of its majestic mountains, historical structures from the Spanish era, marine sanctuaries, and white beaches.
When it comes to the hospitality industry, the region is even experiencing a rise in development demand and rapid urbanization. Considered the new jewel of the Philippine real estate sector, CALABARZON is being sought by many developers and investors for their real estate ventures and enterprises.
Moreover, at least 40% of the nation’s entire manufactured food supply comes from CALABARZON, which is renowned for its extensive contribution to the sector of agriculture. Bulacan, Laguna, Batangas, and Pampanga are the leading agriculturally-related provinces. According to the Philippine Statistical Authority, CALABARZON and Central Luzon provide food for more than 12 million residents of Metro Manila. Before Central Visayas, Davao, and any other region, the region is even regarded as the leading food supplier.
Photo from philatlas.com
What Are the Provinces of Region IV-A?
Cavite
Due to its proximity to Metro Manila and regional development, the province of Cavite has a reputation for having one of Luzon’s fastest-rising populations. Because of this, it’s no secret that real estate in Cavite is among the most sought-after locations worldwide.
Cavite is a huge province with seven major cities: Bacoor, Cavite City, Dasmariñas, General Trias, Imus, Tagaytay, and Trece Martires. Through the course of Philippine history, the Province of Cavite has garnered considerable attention. For instance, it was here that the Philippines’ Independence was proclaimed.
Additionally, the Province of Cavite is highly known for being among the most popular tourist attractions. For starters, Tagaytay offers great weather because of how windy it is there. Second, Bulalo, which is prepared in numerous neighborhood restaurants, is Tagaytay’s national dish. Third, families visit Naic’s many beaches and beach resorts to spend quality time together. Lastly, as was already indicated, it has a long history.
Laguna
Laguna, which is home to the largest lake in the nation, Laguna de Bay, is comprised of lowland on the west and rugged and hilly terrain on the east, making it possible to cultivation of rice and coconuts, the two primary products of Laguna’s agriculture. The region has a sizable manufacturing sector that mostly produces electronics and automobiles, among other things.
Due to the presence of the nation’s largest automakers in the province, Laguna is often known as the “Detroit City of the Philippines.” Numerous human resources are available to support the operations of the manufacturing and services industries thanks to the abundance of industrial estates and economic zones in the region.
Batangas
Despite the glamour of living in Metro Manila, Filipino residents of Metro Manila are starting to consider retiring or moving to the adjacent provinces or a few hours’ drive away due to the traffic in most regions of the city, especially during peak hours.
Batangas is among the most well-known tourist destinations near Metro Manila. It is home to Taal Heritage Town, a small community with buildings and historic dwellings from the 19th century, as well as the famous Taal Volcano, one of the Decade Volcanoes.
According to the Philippine Statistics Authority, Batangas City has the second-largest international seaport in the country after Metro Manila. The city has been recognized as a center of industrial growth in the region and as the focal point of the CALABARZON program, as evidenced by the growing number of business establishments in the city’s Central Business District (CBD) and the substantial number of industries operating in the province’s industrial parks. Lipa City has even surpassed Batangas City in size as the city with the most residents in the province.
Rizal
The hilly province of Rizal was named for the national hero of the nation, Dr. Jose Rizal, and is perched on the western slopes of the foothills of the Sierra Madre Mountains. The province has been dubbed the “Cradle of Philippine Art” for many years.
The province area is home to numerous well-known artistic organizations and folk festivals, as well as a vast range of both natural and man-made sites.
The nature-meets-city lifestyle that Rizal offers is one of the primary benefits of choosing to live there. In comparison to the more expensive neighborhoods of Metro Manila, Rizal also offers more reasonable real estate options. It is a great place to buy a house and lot for sale whether you have young children or want to retire in a more peaceful area.
Quezon
Quezon is a top-tier province in the CALABARZON area and a fantastic place to invest in real estate. Several economic zones are being built in the region. For companies wishing to expand outside of Metro Manila, the province offers a superb location.
Approximately four hours south of Metro Manila, Quezon Province is a hidden gem that is home to some of the best pristine islands in the Philippines as well as lush forests brimming with diverse wildlife. Quezon province will soon have its own international seaport and international airport, as well as multiple Special Economic Zones under the Special Economic Zone Act of 1995, thanks to the province’s strategic position and growing infrastructure facilities.
Along with commercial properties, the demand for residential properties is increasing in Quezon Province as more residents move there from Metro Manila and other cities like Lucban Town and Lucena City. Many Filipinos looking for a better quality of life now have access to economical yet pleasant accommodations thanks to a number of housing projects that are now being built.
Is It Good to Invest in Real Estate in Region IV-A?
Real estate investing in Region IV-A of the CALABARZON can be a wise and profitable move. Real estate development and investment prospects are made possible by the area’s strong economic growth, fast urbanization, and good business climate. The opportunity for investment in CALABARZON is further increased by the province’s close proximity to the bustling Metro Manila and its good connectivity via transportation networks.
Furthermore, the broad and active real estate market in the area provides a wide range of possibilities, from residential homes to commercial and industrial buildings, making it suitable for different investor tastes and goals. Real estate in CALABARZON has the potential for capital growth and consistent rental income, assuring a solid return on investment. This is due to a growing population and an increase in demand for housing and commercial spaces.
Last but not least, the area’s numerous tourist attractions and natural wonders support a strong hospitality sector, making investments in hotels and resorts potentially profitable. For real estate investors looking for long-term growth and income production, these features taken together make CALABARZON an alluring location.
Read more: Why Investing in Real Estate in CALABARZON is Your Best Move Today
