FEDERAL LAND, Inc. continues to invest in the Manila Bay area with several developments aimed at boosting economic activity as the economy starts to recover.
“We have always seen the potential of Manila Bay area as a location that provides the convenience of having everything within reach, as well as the dramatic views of sun and sea as a backdrop. This city within a city is an urban gem that we are committed to further enhance with integrated developments that also have high property value appreciation rates,” Federal Land, Inc. Sales Group Head Margarita Saenz-Resurreccion said in a statement.
The Manila Bay area, which straddles the cities of Pasay, Manila, and Parañaque, is now a rising business district with offices, malls and gaming establishments.
“We have seen an increased demand for our properties that are able to meet the needs and changing lifestyles of homebuyers. They want options, a mix of indoor and outdoor fun, superior accessibility and convenience,” she said.
Ms. Resurreccion noted a “significant” demand for ready-for-occupancy units in Federal Land’s Palm Beach Villas, Bay Garden Club and Residences, and Six Senses Residences. These are located within the Metro Park, a master-planned community with condominiums, retail centers, business hubs, event spaces, and a college.
“Federal Land will continue to invest in this area because we believe in its high potential. With improving economic activities in the last quarter of 2021 and high vaccination rate, we see more developments to rise in Manila Bay area in the coming years. This is as we hope to sustainably enrich lifestyles with well-built living and commercial spaces in strategic locations,” she said.