Upcoming infra projects lure investors to DMCI Homes' Infina Towers
Property investing in Quezon City has become even more appealing with upcoming government transport infrastructure projects expected to further improve foot traffic in the largest and most populated city in Metro Manila.
One of these projects is the Metro Manila Subway system which has proposed stations in Mindanao Avenue, Tandang Sora, North Avenue, Quezon Avenue, East Avenue, Anonas, Katipunan, Ortigas North, Ortigas South, Kalayaan Avenue, Bonifacio Globe City, Cayetano Boulevard and the Food Terminal Inc. complex.
Infina Towers, DMCI Homes’ two-tower residential condominium development along Aurora Boulevard in Quezon City, for one, has stirred interest among property hunters anticipating the construction of the 25-kilometer long subway system reportedly to be built by one of Japan’s largest construction firms, Shimizu Corp.
Located in between the university town in Katipunan Avenue and the Cubao business district, the anticipated increase in foot traffic further adds to Infina Towers’ appeal to buyers counting on rental income from a growing student population and Business Process Outsourcing (BPO) workers in the area.
The property is just a stone’s throw away from the Anonas station of the LRT Recto Avenue-Masinag, Antipolo line, providing an excellent take-off point to prestigious universities like Ateneo de Manila University and UP Diliman as well as growing business centers such as Eastwood City, Ortigas Center, and UP-Techno Hub.
As of August 5, the Philippines' first Quadruple A developer has already sold 55 percent of Infina Towers, posting Php4.45B in sales and reservations from 1,837 units and parking slots since the modern-tropical development was launched in early 2017.
The modern tropical-themed development has already posted
a 14 percent increase in selling prices since last year and rental yield is
expected to go up further once the construction of the big ticket
infrastructure project commences in the coming months.