2016 marks the year when Philippine real estate truly reached its peak. There’s a high increase of interest in properties located in the Philippines in different international real estate portals. Properties in Metro Manila and nearby regions continue to shine in the eyes of investors and expats who want to start a business or build a new home in the country.
But people are slowly turning heads into a future real estate gem located at the South of Luzon: the CALABARZON region. Consisting of Batangas, Laguna, Cavite, Rizal, and Quezon the CALABARZON area is said to be the next big thing in Philippine real estate. Thanks to the continuous support of developers and real estate agents, the provinces located in the said region will enjoy a good amount of attention to future home buyers. Below are the reasons why:
1. The traffic in Metro Manila
The bad state of transportation system in Metro Manila might be a blessing in disguise for the provinces in the CALABARZON. Because of the bad traffic, some investors are eyeing to build their IT infrastructures in Batangas or in Laguna. Meanwhile, home buyers like the way these regions are in vicinity with Metro Manila. And with the further improvement of expressways connection NCR and CALABARZON, expect a huge run of migration in the near future. Travelling from Cavite to Laguna through CALAX (Cavite-Laguna Expressway) will surely be shorten.
2. More townships to offer
Thanks to the booming economy, more and more local investors are buying properties in the CALABARZON area. These lands are expected to become home to many residential and commercial developments.
3. A tourist destination
Region 4 is also known for its roast of famous tourist destination. The Second Summer Capital of the Philippines, Cavite are also known for having beautiful pristine beaches. Being a region flocked by tons of tourists every year, there’s no surprise that CALABARZON continues to shine in the local real estate.
4. A humble way of life
The provinces in CALABARZON are truly the place to be if you want to get away from the stressful hustle of Metro Manila. The simple yet fast paced lifestyle that the locals enjoy there is simply enviable. CALABARZON is also a melting pot of historical sites – our national hero, Jose Rizal, came there after all. This is one of the reasons why people continue to move back to provinces like these. In times when the city becomes too overwhelming, we need a place when we can take a break.
Image source: http://www.persquare.com.ph/for-sale/condominium-calabarzon-region-4-a-rizal-cainta/condo-unit-with-balcony-in-cainta-rizal_3842c52c7fe500a559d0958214d12d40a947a70 – Crown Asia
