Ayala Land optimistic for property sector
Property remains to be one of the best options for investment today, according to Ayala Land Inc. (ALI), maintaining its optimistic outlook for the sector despite the pandemic.
AVP of Ayala Land Estates, Inc. Cris Zuluaga shares that the uncertainty of the global health crisis should not hinder investors from capitalizing on property when attractive returns can be expected through long-term investment strategy and innovative business approach.
“We have seen in past crises how the property sector has constantly been able to recover after a downturn with values appreciating over time,” Zuluaga says.
As the country’s leading developer of sustainable and sought-after estates, ALI has proven the sustainability and viability of its projects as it saw tremendous growth in the land value of its developments in strategic growth centers.
Reflecting on the recent growth of the industry, based on the land values reported by Colliers in September 2018 and December 2019, both Alabang and Makati grew about 12% annually in the past 10 years.
Such is the case of Ayala Land’s progressive estate Vermosa in Cavite, with an 82% growth on its commercial properties since its introduction in 2015, and a compounded annual growth rate of 14%.
Once fully completed, the estate is expected to house around 30,000 people across several of its residential developments and generate about 500,000 jobs. Vermosa will also gain improved access with several major infrastructure projects underway such as the Aguinaldo and Molino flyovers, the Skyway extension, and the Cavite-Laguna Expressway (CALAX), solidifying Cavite as a booming growth center.
In recent years, Vermosa has become the destination for modern active living and lifestyle pursuits south of the metro, and it has all the trademark qualities of an Ayala Land estate— integrated, pedestrian-friendly, inclusive, and conducive for building an ideal community for residents and investors.
“The historical performance of our properties in terms of land value, and the strategy and careful management that we continue to commit to our estates are assurances that we provide to homebuyers and investors who wish to secure strong future returns with Ayala Land,” Zuluaga notes.
Since its establishment in 1988 as the real estate arm of Ayala Corporation, ALI remains one of the largest and most diverse developers in the country, and it has proven its ability to weather economic downturns caused by regional or global events.
To date, Ayala Land has a total of 29 sustainable estates and is present in 57 growth areas nationwide. Apart from residential investments in its estates, Ayala Land commercial lots are available for investment consideration, particularly at Vermosa, Nuvali (Laguna), Arca South (Taguig), Alviera (Pampanga) and Altaraza Town Center (Bulacan).
