Optimistic amid the pandemic
In spite of the global pandemic largely impacting economies and sectors, property stays a viable investment. Maintaining an optimistic outlook for the sector, Ayala Land Inc. (ALI), the developer behind several of the country’s sought-after mixed-use estates, sees the current setting as an opportunity for investors to establish a richer property portfolio.
According to Cris Zuluaga, assistant vice president (AVP) of Ayala Land Estates, Inc., the uncertainty should not deter those with capital especially when attractive returns can be expected in the future.
“We have seen in past crises how the property sector has constantly been able to recover after a downturn with values appreciating over time. Given our country’s stable economy, it remains one of the best options for investment today,” Ms. Zuluaga said.
Furthermore, ALI’s AVP notes that the property sector has shown consistent strength despite economic downturns. ALI has proven through time the sustainability and viability of its projects as it saw tremendous growth in the land value of its developments in strategic growth centers.
For instance, the land values reported by Colliers in September 2018 and December 2019 showed both Alabang and Makati grew about 12% annually in the past 10 years, thus reflecting the recent growth of the industry.
Moreover, as one of the largest and most diverse developers in the country, ALI’s track record exhibits its ability to weather regional and global events of economic impact. The firm’s 29 sustainable mixed-use estates across the Philippines showcase its mettle through the years.
Taking financial risks during a pandemic may seem unwise to some, but Ms. Zaluaga holds that there is an advantage of potential returns in investing on property albeit the calculated risk.
Exponential growth for Vermosa
Vermosa, Ayala Land’s progressive estate in Cavite, presents an investment opportunity for homebuyers, industries, and businesses who are banking on reaping returns post-pandemic.
Vermosa has reached an 82% growth on its commercial properties since its introduction in 2015, with a compounded annual growth rate of 14%. Upon full build out, Vermosa is expected to house around 30,000 people across several of its residential developments and generate about 500,000 jobs.
Having become the destination for modern active living and lifestyle pursuits in the south of Manila, Vermosa is set to develop as a progressive commercial center. Moreover, with several major infrastructure projects (i.e., Aguinaldo and Molino flyovers, Skyway extension, and the Cavite-Laguna Expressway) which will make Cavite a booming growth center, Vermosa is seen to gain improved access.
According to Ms. Zaluaga, Vermosa has the trademark qualities of an Ayala Land estate: integrated, pedestrian-friendly, inclusive, and conducive for building an ideal, community-grounded lifestyle.
Developing properties with self-sustainability in mind, ALI estates like Vermosa ensconce the right mix of residential, business, and lifestyle spaces that continue to serve generations upon generations of residents and investors.
“The historical performance of our properties in terms of land value, and the strategy and careful management that we continue to commit to our estates are assurances that we provide to homebuyers and investors who wish to secure strong future returns with Ayala Land,” Ms. Zaluaga stressed.
Apart from residential investments in its estates, Ayala Land commercial lots are likewise worth considering for investments, particularly at Vermosa, Nuvali in Santa Rosa, Laguna; Arca South in Taguig; Alviera in Porac, Pampanga; and Altaraza Town Center in San Jose del Monte, Bulacan.