Here’s a fun fact for you: New Clark City isn’t based in Clark, Pampanga. It’s actually situated in Tarlac! The planned community was only named “Clark” to get more investors and for, well, marketing.
Much like how the Subic Bay Freeport Zone, New Clark City gets its namesake from its more “attractive” neighboring province. But Clark will soon be more comparable to Bonifacio Global City—only a whole lot bigger, greener, and better. This budding metropolis in Central Luzon looks to become a major player in business, technology, and property over the next decades.
Through the leadership of Bases Conversion Development Authority (BCDA), the 9,450-hectare community that was formerly known as “Clark Green City” is set to decongest Metro Manila. From being environmentally conscious to being economically competitive, this smart, expansive community space has already gotten investors and property seekers excited for its completion.
Economic Opportunities
Government offices such as the Bangko Sentral ng Pilipinas, Department of Agriculture, Department of Transportation, and other justice agencies are only a handful of the many national facilities to be erected in the area.
Apart from the goal to accommodate roughly 1.2 million residents, New Clark City will also look to obtain the services of about 800,000 workers in the near future. Part of the reason why there is confidence in the area is that it is less prone to earthquakes, according to the Philippine Institute of Volcanology and Seismology.
The government is eyeing to build the country’s premier research institute in the field of virology at New Clark City by 2021 dubbed as the Virology Science and Technology Institute of the Philippines.
Colleges and universities like the University of the Philippines, Technological University of the Philippines, and the Philippine Science High School Central Luzon Campus have also partnered with the BCDA for the construction of future facilities.
Accessibility
Located within the Clark Special Economic Zone, New Clark City can be easily accessible via Northern Luzon Expressway (NLEX) and the Subic-Clark-Tarlac Expressway (SCTEX). These all indicate that that the stress of the commute to and from Metro Manila to Central Luzon will soon be a thing of the past.
There is also a planned PNR North-South Commuter Railway in the works. This will be connecting New Clark City directly to Manila. Meanwhile, the Clark International Airport should only take one ride from the community.
Safe, Green Spaces
In an effort to provide accessible, environmentally friendly parks, the national government partnered with the British Embassy in Manila to build a 44.8-hectare green, protected public space called the “New Clark City Central Park.”
NCC Central Park will be one of the country’s biggest parks since Rizal Park. It will be featuring a climate-responsive design and will adopt a tree conservation strategy. The new park will be designed for long-term resilience, further mitigating the effects of climate change and urban environmental risks.
New Clark City will be one of the pilot areas of the Global Future Cities Programme of the United Kingdom Foreign, Commonwealth and Development Office. It is not far-fetched to say that the NCC Central Park will become a beacon for how we design our public spaces for years to come.
READ: Three Benefits of Buying a Home From an Agent
Investing in and Around Pampanga and Tarlac
Though New Clark City will only be complete by 2035, that doesn’t mean that investors and homebuyers should ignore projects in and around Tarlac and Pampanga. These homes present great returns on potential investments. For instance, residential developments such as Lessandra Tarlac, Amaia Scapes Capas, and Lessandra Capas are each only about a 30-minute to one-hour drive to and from the future metropolis.
Properties in Pampanga, on the other hand, remain viable investment options. Projects like Camella Pampanga, MetroGate Angeles, and Cheerful Homes 2 are in close proximity to NLEX, SCTEX, Clark International Airport, and leading commercial establishments. Universities such as Holy Angel University and University of the Philippines Extension Pampanga are also nearby.
Whether now or in the long run, properties in Central Luzon will surely be one of our top priorities for the national government during the country’s rapid urbanization and expansion. Not only will New Clark City be a glimpse of what our master-planned communities hope to achieve, but it also goes to show that breathable, progressive, people-centric developments are the future.
Are you looking to purchase a property in Central Luzon? Get in touch with an Ohmyhome property agent today to get started. Find out how smart property shoppers like you can save more on your home purchase.
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