There’s high demand for residential properties in Bacolod

The ‘City of Smiles’ is all poised to transform itself into an alluring and exciting live-work-play epicenter in the Visayas.

This was the insight shared by Lamudi Philippines CEO Bhavna Suresh during a recent visit to Bacolod where she talked about the brimming potential of the city as a thriving urban destination.

“During the last quarter of 2018, we saw the highest volume of searches on residential properties in Bacolod. Comparing this period to 2017’s fourth quarter, there was a 50 percent increase in page views. To further give you an idea, out of the total number of property seekers who used Lamudi to search for several properties in Bacolod in 2018, 72 percent of those were residential searches,” Suresh explained.

This bodes well for the city as more and more Negrenses embrace the idea of township and condo living—something that real estate giant Megaworld is bringing for the first time in Bacolod.

Condo with ‘Skygardens’ perfect for retirement

Megaworld recently launched its second residential condominium development inside The Upper East township in Bacolod City, just six months after it successfully launched its first residential tower, One Regis, last year.

Two Regis is a 14-storey residential tower that will be built at the corner of Regis and Madison Streets within the 34-hectare township in the eastern part of Bacolod City.

Strategically located just beside the proposed Megaworld Lifestyle Mall, Two Regis will offer units ranging from Studio (up to 31.5 square meters); Executive Studio (up to 37.5 square meters); One-Bedroom (up to 43.5 square meters) and Two-Bedroom (up to 87 square meters). Several available units will have their own balcony, overlooking the transforming landscapes of the township.

A key feature of the residential tower will be the three Skygardens, two of which are located on the 12th level, also known as the Lower Sky Suites Floor, and one at the center of the 8th level, also known as the Garden Suites Floor.

The penthouse floor, also known as the Upper Sky Suites Floor, will offer units in varying size options, with unparalleled views of the sunrise from the Negros Mountain Ranges and the sunset along Guimaras Strait.

“The overwhelming success of our first residential tower is a clear indication that Bacolod has embraced the convenience of both condo living and township living. The master planned township concept that we are bringing to Bacolod makes Megaworld different as a condominium developer, and we are happy to pioneer this concept in Negros,” says Rachelle Peñaflorida, vice president for sales and marketing, Megaworld Bacolod.

Aside from the Skygardens, Two Regis will be highlighted by first-class amenities at the 2nd level such as a lap pool, kiddie pool, fitness center, daycare center, and function rooms.

Each unit will have a semi-furnished kitchen, with modular overhead and under-counter cabinets, and its own electric burner cooktop with range hood.

“We are fast-tracking the developments inside The Upper East to ensure that our future residents will be able to enjoy the mall, the parks, the hotel, and the other components of the 34-hectare township once they start living in the condo. We’ve promised Bacolod with a first-class township, and we expect things to rise in the next three to five years,” explains Peñaflorida.