With foreign investors boosting its growth, the potential is almost endless for Manila Bay Area. This part of the metro is seeing sustained transformation and growth, as residential and commercial properties continue to thrive in this prime location.
Real estate developer Federal Land, Inc. (FLI) continues to invest heavily in this area with various developments that are seen to stimulate economic and social activities to improve the lifestyle of Filipinos, especially as strong post-pandemic recovery is within sight.
“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,” Federal Land, Inc. sales group head Margarita Saenz-Resurreccion said.
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.
Metro Park, Federal Land’s master-planned community in Manila Bay Area
Met L!ve a lifestyle shopping mall within the Metro Park community
SixSenses Residences, one of the ready-for-occupancy residences at Metro Park community
Aside from being one of the thriving business capital of Metro Manila, Manila Bay Area is also home to world-class shopping and entertainment. Among its most popular destinations are the shopping malls, gaming establishments such as Solaire Resort and Casino, City of Dreams Manila, Okada Manila, the Cultural Center of the Philippines Complex, and the country’s first IKEA branch.
“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.
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 two most traveled boulevards in Metro Manila—Roxas and Macapagal. These roads connect it to other parts of Metro Manila and nearby provinces, ideal for those working or studying outside the area.
Increased demand
At present, Resurreccion said there is a significant demand for Ready-for-Occupancy (RFO) units in Federal Land’s Palm Beach Villas, Bay Garden Club and Residences, and SixSenses Residences, among aspiring homeowners who want to move in immediately or investors who want to rent them out for additional income.
These three developments are designed similar to a vacation home, providing resort-style amenities accompanied by modern building facilities and services, and within Federal Land’s master-planned community, Metro Park. It 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. 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 also explained that buyers are attracted to Federal Land’s RFO units because it also 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.
“Federal Land will continue to invest in this area because we believe in its high potential. 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. This is as we hope to sustainably enrich lifestyles with well-built living and commercial spaces in strategic locations,” Resurreccion concluded.
Move in immediately and enjoy a relaxing vacation in your own home, email jasminedulay.federalland@gmail.com to know more about the available RFO properties in Manila Bay Area or call +639173233142 to schedule a private viewing of the property.