Connectivity makes SMDC’s Glam Residences an ideal investment today and for years to come
For any person looking to make a sound investment in this post-pandemic world, there is a fair amount of caution taken. After last year’s global economic slowdown, people have become guarded when it comes to investing their hard-earned cash.
In terms of property then, it is only logical that people who are looking to invest in real estate want some reassurance that they are making a sound investment. That is what Glam Residences from SM Development Corporation (SMDC) has to offer.
In a report prepared by the Metro Manila Development Authority (MMDA) called “The Metro Manila Greenprint 2030: Building a Vision,” a goal cited to help the country leverage investments into positive gains revolved around connectivity. “Build on the potential of Metro Manila’s multi-centered spatial structure to be green and time saving, by enhancing connectivity among and within urban centers, and by selectively designating new urban centers, as Metro Manila integrates with its peri-urban hinterland,” the report says.
Located right off Quezon City’s rising CBD – the Triangle Park – SMDC’s Glam Residences is in the thick of all commercial activities in northern Metro Manila and offers that critical connectivity that the report states. This integrated development’s location is home to office towers, shopping malls, hotels, renowned medical centers, numerous parks, and strategic transport hubs that offer easy access to vital points of Metro Manila.
The importance of transport hubs in relation to real estate properties is further validated by an Asian Development Bank (ADB) study in 2019, which states that residential parcels within 1km from the MRT 3 line appreciated in value by 223%, 20 years from the commencement of construction of the MRT 3 line.
That same MRT 3 line, with a station a few steps away from Glam Residences, has just increased its number of operating trains from 15 to 21 while doubling the operating speed of those trains from 30 to 60 kilometers per hour. It’s projected that this will improve waiting times between trains from the current rate of seven to ten minutes going all the way down to just 3.5 minutes.
One of the principles cited by the MMDA report was to focus future large-scale investments in mass rapid transit (e.g. MRT and LRT) and real estate around existing urban nodes. Another of those principles was to enable mixed-use development in the center of these nodes to promote public transport ridership by minimizing the need for long non-commuting trips for shopping, entertainment, schooling, etc. It goes without saying, then, that SMDC’s Glam Residences lives up to these principles.
Glam Residences will also be just one station away from the unified Grand Central Station that will connect the MRT 3, MRT 7, LRT 1, and the Metro Manila Subway lines. This will provide easier access to other CBDs, schools and entertainment districts all over the metro, and to regional and global gateways like the Ninoy Aquino International Airport, and the international airports in Bulacan and Clark.
Aside from the impeccable location, SMDC’s Glam Residences is an upscale vertical community that matches the cosmopolitan lifestyles of working millennials. With thoughtfully designed amenities including a lap pool, Jacuzzi, and rooftop lounge and bar, millennials can come home to a rewarding respite after those hectic workdays. Other benefits include an indoor gym, children’s play area, function rooms, and the development’s very own mall at the ground floor.
With the location and amenities combined, and its immediate access to major transport hubs, SMDC’s Glam Residences is certainly a sound investment opportunity today and for years to come.
For more information about SMDC Glam Residences, visit https://smdc.com/properties/glam-residences/glam-residences/.
Read more Business stories:
Subscribe to our business newsletter
Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.