While motorists are certainly looking forward to the reopening of the Estrella-Pantaleon Bridge, or Rockwell Bridge, this July, they aren’t the only ones who should be excited. Each new infrastructure project always presents fresh opportunities for property seekers to invest in real estate. And this new bridge is no different, especially for those looking at the Mandaluyong and Makati Cities area.
Department of Public Works and Highways (DPWH) Secretary Mark Villar announced the reopening of the Estrella-Pantaleon Bridge last May, stating that the project was already 92% complete at the time. He also added that the four-lane, 506-meter bridge now comes with a generous three-meter sidewalk and boasts a more modern finish.
Last opened in 2019, the new Estrella-Pantaleon bridge should also be able to decongest the Guadalupe Bridge along the Epifanio de los Santos Avenue (EDSA). These newer, more modern updates are meant to serve approximately 50,000 motorists.
This project is one of two grant bridges, courtesy of the People’s Republic of China. The other bridge that is set for completion is the Binondo-Intramuros Project, which connects the historic districts of Intramuros and Binondo. It is on track for a 2021 opening.
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What does all this mean for property seekers? Even though the demand for high-end residential properties has gone down a bit since the pandemic, the market for properties near business districts has rebounded as of late. Makati and Mandaluyong are still considered top investment areas, as well. Considering that the new bridge also means better accessibility for city dwellers, property value in and around these cities will only appreciate, even more so after the pandemic.
Purchasing more residential and commercial properties within Makati and Mandaluyong is definitely something investors should look into, especially as the country gradually transitions into the “newer” normal.
Properties in Mandaluyong and Makati
At the heart of Mandaluyong, Light 2 Residences offers units made for city dwellers, carefully balancing play and relaxation. It is also great for those of us who work near all the major central business districts in Metro Manila, namely Makati, Ortigas, and Bonifacio Global City. A property at Avida Towers Verge, on the other hand, allows for easy access to these same areas, too.
On the more expensive side of the spectrum, The Residences at the Westin Manila Sonata Place is every bit as opulent as its price range. These condo spaces are made with world-class residential living in mind. Investors looking for luxury housing right in the middle of the country’s leading CBDs should take advantage of this superb piece of real estate.
Meanwhile, for properties in Makati, Laureano Di Trevi offers investors units that are situated near top institutions like Makati Medical Center, Colegio de San Agustin, and Greenbelt. The Makati Cinema Square is nearby, too. SMDC’s Mint Residences can be a great option for those who value professional, commercial, and recreational outlets near their properties.
If you’re looking to invest but don’t know where to start, you should have a quick conversation with an Ohmyhome agent now. Get in touch with one today to learn more about your home loan options and the right properties for your situation.
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Ohmyhome was launched in the Philippines in September 2020, following the company’s establishment of a tech team in the country in 2017. Ohmyhome was originally founded in 2016, and subsequently rose in Singapore as a leading PropTech solution and licensed real estate agency.
Ohmyhome expanded into the Philippines so that Filipino home seekers can have a real estate partner that they can trust to have their best interests at heart and can be relied upon to provide exceptional services throughout the entire property journey.
Featuring thousands of properties across many of the Philippines’ major real estate brands, Ohmyhome differs from other local platforms by going the extra mile and extensively helping buyers narrow down the choices and find the property that best suits their budgets, home needs, and lifestyle preferences.
