February 28, 2024
Quadruple A developer DMCI Homes, buoyed by the success of its first leisure pro...
November 7, 2022
Real estate is one of the few investments that continue to increase in value even amidst economic crisis.
Financial experts say it is a great, if not the best, storage of wealth in times of economic downturns such as during a period of high inflation or when there is gradual rise in prices and slow decline in purchasing power of your money over time according to Forbes.com.
In the Philippines, investing in real estate has even become more valuable as the country may be experiencing the worst financial setback in four years with inflation heating up to 6.9% as of September 2022. To put things into perspective, the rate was at 6.1% in June and 3.7% in July 2021.
The high inflation rate should not be a surprise to anyone who has been outside to buy, well, anything: from gasoline, to meat, to sugar, to food in general.
Knowing the value of property investment as storage of wealth, Maila Rose Tacdoro started investing in real estate years ago to grow her savings and secure her finances in the event of an economic crisis.
She had already invested in a house and lot in Rizal but during the pandemic, it was made clearer to her that investing in another real estate property was a good use of her savings instead of keeping it in the bank.
“During the pandemic I have seen the advantage of investing my money in real estate as I know that the market value of real estate is increasing as time goes by,” says Maila, a Quality Assurance lead at a software solutions company.
Instead of letting her money incur minimal interest in the bank, she thought of investing in another real estate property whose value compensates over time.
This time, she decided on getting a unit at DMCI Homes’ The Oriana preselling condominium along Aurora Boulevard, Quezon City.
High growth potential
Her choice for her second real estate investment was easy because of three reasons.
One, the location has high growth potential being located near train stations especially of the upcoming Metro Manila Subway Project.
Dubbed as “Project of the Century” by the Department of Transportation, the Metro Manila Subway Project will have 17 stations along its 33-kilometer route from Quezon City to Ninoy Aquino International Airport in Pasay City.
DMCI Homes’ sister firm, D.M. Consunji, Inc. (DMCI) joint venture with Nishimatsu Construction Co., Ltd.(NCC) of Japan won the contract for the Quezon Avenue and East Avenue underground stations and tunnels for the Philippines’ first-ever underground railway system.
“Upon consultation with my property advisor, the perks of the upcoming Metro Manila subway were discussed. That’s why I considered buying a unit in The Oriana,” Maila shares.
The transit-oriented development has the advantage of being near LRT-2 (Anonas Station), MRT-3 (Cubao Station), Araneta Center Bus Terminal, the Recto-Antipolo LRT line or LRT-2, and the proposed Anonas Station of the Metro Manila Subway Project.
Second is convenience. The Oriana is an excellent take-off point going to Quezon City’s university town and business centers like Araneta City, Eastwood, and UP Technohub, which makes it not only a high-value income property, but also a convenient home.
“The Oriana is one of the best places offered by DMCI Homes as it is near all public transportation,” she explains. “Also, the location is in between my permanent resident address and work location.”
Convenience aside, Maila was also impressed by The Oriana’s amenities and modern architectural design.
“The facade is a plus, and also the well-ventilated condo units. I am thinking of living there,” Maila says of her new investment at The Oriana. “But if time permits and I can work abroad, I’ll have my unit rented to have it as an income property.”
Third is her familiarity with the developer, DMCI Homes.
“I am currently renting in another DMCI Homes project, Brixton Place, and the stay is great,” she reveals.
“The amenities and the architectural design were all good. I also learned in my research that DMCI Homes is one of the best construction companies in the Philippines,” she beams.
With these three reasons, Maila confidently declares: “Buying a unit with DMCI Homes is one of the best decisions I have made.”
The Oriana is one of the developments of DMCI Homes, the country’s first Quadruple A real estate developer known for building quality resort-inspired communities in Mega Manila, Baguio City, Boracay, and Davao City. Each of its
properties is built with world-standard craftsmanship borne from D.M. Consunji Inc.’s over 60 years of expertise in the construction and development industry.
To learn more about The Oriana and other 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 its social media accounts on Facebook, Twitter, Instagram, and YouTube.
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