Rizal’s ultimate retreat
The 200-hectare Palo Alto sits on an elevated terrain, offering prime residential and commercial lots.
To say that there is a rising interest in property as an investment is an understatement.
A mere look at the city skyline across the country and you would immediately see that there is not one developer who isn’t busy building something that will surely attract one’s attention. In almost every nook and cranny of the busy metropolis, there is something that even the most discerning homebuyer would find to be a wise and practical option.
Whereas before, developments are built in famed key cities such as Makati and Manila, developers now have started to explore almost every suitable lot fit for development.
Today, this growing demand had prompted developers to seek for available land across the country. The case is no different in the eastern part of the metro, where a deluge of projects can be observed.
This is good news not only for developers but for homebuyers as well as it gives them the advantage to choose which products would best suit their needs and budgets.
Licensed real estate broker and MegaEast Properties Inc. president Bobby S. Gonzales thus believes that property developers must take advantage of the growing interest among buyers and the healthy economic growth that the country is currently experiencing.
“Given the country’s overall GDP growth of 6.8 percent against a 3.2 percent inflation for the year 2016, and an increase in the remittances of our OFWs by 5.9 percent, we can say the current economy is quite robust,” Gonzales said.
The benefits of a healthy economy is now being reflected at how buyers, like those from the east, are flocking to the different projects in the area.
“Now is best time to invest one’s money in projects located at the eastern part of Metro Manila. The limited space for development restricts good master planning in the metropolis today. And logically for most developers, it’s better to expand their reach either by going to the north or to the east, meaning Pasig-Marikina-Rizal area,” Gonzales explained.
“As the east attracts more developers, purchasing real estate at this time is highly advisable as prices are still relatively low,” he added.
As most of the projects being sold by his company are located in the east, Gonzales said they are seeing first hand the growing demand and interest among homebuyers as evident in the rising sales.
One such project which, according to Gonzales makes for a viable option, is Palo Alto, currently the biggest masterplanned community at the eastern part of the city.
Located near the Baras-Tanay boundary in Rizal province, the 200-hectare Palo Alto sits on an elevated terrain, offering prime residential and commercial lots, ranging from 7,000 sqm to 1 hectare—a space big enough to serve as your retirement farm or your country estate mansion.
“It boasts of its own natural waterfalls coming from Sierra Madre, this cascades 60 feet downwards and eventually drains towards Laguna de bay. It also has a large Spanish Mediterranean inspired Clubhouse that is fully operational and soon, a manmade lake with lighthouse will attract the public interest,” he said.
Future residents of Palo Alto will also find almost everything they need within reach—from the commercial and retail complexes, schools and universities, leisure and entertainment establishments, to the medical centers—thus assuring residents comfort and convenience.
“Not much needs to be said when we offer this property to our clients. We just bring them there and give them a tour. And all we negotiate are the terms on how they can acquire the property of their choice,” Gonzales concluded.
