10+5 Reasons Why Makati is the Best Location to Invest
You won’t run out of anything to do in this city with over 60,000 retail and commercial establishments.
2.Top destination of commercial and business establishments
40% of the country’s multinational and local corporations are located in Makati City.
3.Guaranteed safety and security
The Makati police and fire department have been tagged as the country’s best units in maintaining peace and order in Makati CBD.
4.Home of the best healthcare institution in the country
The Makati Medical Center and the MakatiHealth Plus Program(MPH) or Yellow Cards provides residents quality healthcare through subsidized hospitalization and free outpatient services in accredited Hospitals.
5.Melting pot of vibrant culture, art, and music scene
The Blanc Gallery, Yuchengco Museum, Carlos P. Romulo Auditorium in RCBC, music fests like Fete dela Musique, Art in the park are some of the must-visits in the CBD. People all gather together for an enjoyable night out at different upscale bars and restaurants.
Visit the well-known Salcedo Weekend Market and Legaspi Sunday Organic Market where fresh produce, gourmet food, tropical plants, and organic products are sold.
7.Where the country’s best post graduate and art schools are located
Never Stop Learning at Makati CBD with top schools such as De La Salle University, Ateneo Professional schools, Asian Institute of Management and school of fashion and the arts.
8.Value for money
The residential condominiums in Makati have the highest property value, rental and occupancy rates in the country. Approximately 90% occupancy rate.
9.An upscale address
Salcedo and Legaspi Village are the most sought after addresses in Makati, where the most affluent and successful people in the country reside.
10.Everything is within reach
Everything you need is just a few blocks away in Makati CBD. Pedestrian sidewalks and underpasses are strategically located to provide safety and comfort.
11.Stable Philippine Economy
The Philippine economy has been showing stability for the past five years. Based on studies, a very stable economy indicates an increase in the property market. Consequently, all areas of the property market continue to grow and develop in the same rate with the current progressive movement of the economy. Similar things happen with the property market in the Makati Central Business District.
12.High Demand For Luxury Condominiums
As the Philippine economy gets more stable and secure, salary and other sources of income for employees and workers increase. Furthermore, high-income expatriates and businessmen continue to arrive in the Philippines. Therefore, the demand for luxury condominiums in Makati Central Business District continues to grow.
13.High Demand For Office Spaces
The high demand for office spaces in the Makati Central Business District brought down the vacancy rate during the first quarter of 2014. This is an advantage for real estate investors since the more prominent office buildings near the condominium the higher chances of the unit to be rented out and more target market for re-selling the unit.
14.Strong Business Environment
The continuous influx of expatriates and businessmen indicate that more multinational firms and BPOs invest in the Philippines as they expand their businesses and put up their local and regional offices in the country. Accordingly, the strong business environment result to better financial standing for both businessmen and working professionals.
15.High Rental Income
Because there is a high demand for luxury condominiums, studies show that rental rates in Makati CBD do not depreciate. As a matter of fact, it is predicted that rental rates will continue to increase in the next five years. At present, the average rental rate of condominiums in Makati CBD ranges from PHP900 to PHP1500 per square meter.
High Investors Confidence
1. Richest City in the Philippines-Makati residents get more benefits compared to other parts of the country.
2. Highest GDP Per Capita in the Philippines- The performance of Makati’s economy brought significant gains in the real estate industry.
3. Holds the largest share in the demand for corporate head offices-Expatriates are confident in doing business in the city.
4. 10.7 Billion annual city income-High annual income proves that there will be more infrastructure development and more advantageous changes in the city.
5. Makati City gets 84% of its Total income from taxes-The Makati residents are confident with the local government that their taxes are used for city improvements.
High Residential and Office Demand
2. 529,039 Potantial Market- Thegrowing population of Makati CBD is a positive potential market for real estate industry.
3.Growing expatriate population-Expatriates is coming into the country will continue to look for luxury residential properties. The prevailing low interest rates will boost the demand even further.
High Return of Investment
2.280,000 pesos to 350,000 pesos per sq.m-land value in Makati CBD continually appreciates.
3.Increasing Capital Value-For residential condominiums. Average capital values for residential condominiums is expected to increase.