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The Crestmont located along Panay Avenue, Quezon City. (Artist’s illustration of the building facade)
Construction has commenced on the first section of the Metro Manila Subway Project with the groundbreaking of the Shaw Boulevard and Ortigas stations last October.
Dubbed as “Project of the Century,” the Metro Manila Subway Project is expected to help solve the metro’s traffic mess and make inter-city travel faster once operational.
The project, which will have 17 stations along its 33-kilometer route, is seen to cut travel time from its Quezon City to NAIA routes, from one hour and 10 minutes, to just 35 minutes.
Allegra Garden Place located along Pasig Boulevard, Pasig City. (Artist’s illustration of the building facde)
Higher Property Values
Convenient inter-city travel aside, property consultancy firm Colliers Philippines also sees the project, which is the Philippines’ first-ever underground railway system, raising land and property values in adjacent areas.
“It should also improve accessibility in major business hubs and raise the attractiveness of fringe areas and underserved periphery locations in the capital region ripe for township development,” Colliers Philippines said.
“Colliers also sees the project raising land and property values in locations near the subway’s stations,” Colliers Philippines added.
With this, it would be wise for investors to pursue residential properties near the subway’s stations, the property consultancy firm said.
The Erin Heights located along Commonwealth Avenue, Quezon City. (Artist’s illustration of the kiddie pool)
Quezon City projects The Erin Heights in Tandang Sora Avenue; The Crestmont in Panay Avenue; The Oriana in Aurora Boulevard; and The Orabella in P. Tuazon Avenue have excellent proximity to the proposed Quezon Avenue Station, Tandang Sora Station, and Anonas Station of the subway respectively.
Pasig projects Prisma Residences and Allegra Garden Place in Pasig Boulevard, on the other hand, are surrounded by several proposed stations of the subway namely Ortigas Station, Shaw Station, Kalayaan Avenue Station, Bonifacio Global City Station, and Lawton Station.
The Oriana located along Aurora Boulevard, Quezon City. (Artist’s illustration of the lap pool)
Also seen to benefit from the project are DMCI Homes preselling projects near stations of train networks that are linked to the Metro Manila Subway Project.
Satori Residences is within walking distance from the Santolan Station of the Light Rail Transit Line 2 (LRT-2) while Fortis Residences is well-connected to a wide array of transportation terminals in the vicinity like the Magallanes Station of the Metro Rail Transit Line 3 (MRT-3).
Newly-launched Sage Residences, meanwhile, has excellent proximity to the Boni and Shaw Stations also of the MRT-3.
DMCI Homes is the Philippines’ first Quadruple A real estate developer known for building quality resort-inspired communities in Mega Manila, Baguio, Boracay and Davao City. The company’s portfolio boasts of more than 60 properties since it was launched in 1999.
To learn more about DMCI Homes’ pre-selling and ready for occupancy projects, units for lease, and special promos, call (632) 5324-8888. You can also visit leasing.dmcihomes.com to know more about opportunities in leasing and rent-to-own programs of DMCI Homes. News and other updates are also posted on the company’s official website and social media accounts on Facebook, Twitter, Instagram, and YouTube.
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