There’s so much buzz about Bay City recently and it seems that everyone wants a piece of it, given that there’s still a lot of land that can be developed there.
Beyond the usual business districts, the demand for residential, office and commercial spaces are now trickling to Bay City, making it one of the most sought after sites for new developments. And you can readily see that with the brisk construction activities happening in that area.
So what makes it an ideal location for you? One, it’s highly accessible given that many major thoroughfares have made it easier for you to travel in and out of the Bay Area and go to other major business districts if you need to, while it’s proximity to the airport is also a plus.
It also proved its viability given the impressive success of the Entertainment City and the SM Mall of Asia complex—both regarded as world-class destinations. As more commercial spaces continue to rise, multinational companies are moving in early to establish their base in the country’s next CBD.
And it’s not just the offices and the commercial areas where we’ve seen a strong demand because the draw of Bay City has also sparked a surge in residential developments. As it is, the area has overtaken Ortigas Center in terms of condominium stock, and is expected to overtake Makati by 2021. And despite the high rate of condo delivery, the demand continues to rise, along with land values. This is good news: prices are expected to appreciate further and so investing in a piece of land or property in Bay City this early is recommended, especially for those who are planning to call Bay City their new home.
Among the most coveted spaces is the SMDC Sail Residences. The project is SMDC’s most luxurious to date, with plush amenities setting a lifestyle standard for the country’s most exciting business hub. The high-rise condominium provides access to the country’s premier retail, dining and entertainment experience, all with the prestige of Bay City’s most exclusive address.
These and other premier developments are set to take place in just a few years. Bay City is an economic force to be reckoned with—a lucrative investment in the Philippines’ most promising CBD.