Met L!ve, the lifestyle shopping mall within the Metro Park community.
Real estate developer Federal Land Inc. (FLI) continues to invest heavily in the Manila Bay area with various developments that are seen to stimulate economic and social activities in anticipation of a strong post-pandemic recovery.
Margarita Saenz-Resurreccion, Federal Land sales group head, with improving economic activities in the last quarter of 2021 and high vaccination rate, “we see more developments to rise in Manila Bay area in the coming years.”
Resurreccion said the company has seen significant demand for ready-for-occupancy (RFO) units in three condominium projects: Federal Land’s Palm Beach Villas, Bay Garden Club and Residences, and SixSenses Residences.
The demand comes from aspiring homeowners who want to move in immediately or investors who want to rent them out for additional income.
According to Federal Land, these three developments are designed similar to a vacation home, providing resort-style amenities accompanied by modern building facilities and services, and within the company’s master-planned community, Metro Park.
Metro Park is a vibrant community complete with resort-style condominiums, lifestyle retail centers, business hubs, event spaces, and a premiere college.
Strategically located between the two most traveled boulevards, Roxas and Macapagal, Metro Park is popular among city dwellers who want their basic needs all in one place.
As such, Federal Land is also continuously upgrading Metro Park with a variety of shops, new dining choices, weekend markets, and an open park, among others. These include Le Parc and Le Pavillon Events Hall, Manila Tytana Colleges, Blue Bay Walk, Met L!ve, and the iMet BPO office tower.
Resurreccion said buyers are attracted to Federal Land’s RFO units as the company offers flexible payment options and lease-to-own plans to give the buyer a choice on how best to manage the acquisition of their new home. This is ideal for buyers looking for an easier way to deal with their amortization, especially when people are more mindful about their expenses.
“We have always seen the potential of Manila Bay Area as a location that provides the convenience of having everything within reach, as well as the dramatic views of sun and sea as a backdrop. This city within a city is an urban gem that we are committed to further enhance with integrated developments that also have high property value appreciation rates,” said Resurrecion.
Once a reclamation project back in 1977, Manila Bay area underwent a massive transformation and has become a burgeoning community straddling the cities of Pasay, Manila, and Paranaque.
“As it is expected to soon develop as one of the country’s premier central business districts along with Makati City, Bonifacio Global City, and Ortigas Center, we have seen an increased demand for our properties that are able to meet the needs and changing lifestyles of homebuyers. They want options, a mix of indoor and outdoor fun, superior accessibility and convenience” Resurreccion added.
Aside from being one of the thriving business capitals of Metro Manila, the Manila Bay area is also home to world-class shopping and entertainment. Among its most popular destinations are Solaire Resort and Casino, City of Dreams Manila, Okada Manila, the Cultural Center of the Philippines Complex, and the country’s first IKEA branch.
Manila Bay area enjoys close proximity to Ninoy Aquino International Airport (NAIA). It can easily be reached via the Manila-Cavite Expressway (CAVITEX), the Metro Manila Skyway, the NAIA Expressway and Roxas and Macapagal boulevards These roads connect it to other parts of Metro Manila and nearby provinces, ideal for those working or studying outside the area.