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MALL OF ASIA COMPLEX BEING ONE OF METRO MANILA'S BEST AREAS FOR PROPERTY INVESTMENT

2020-08-15
Bay City is more than 40-years old, but its true impact is only starting to be realized. While the area is best known as an entertainment zone, it is quickly transforming into a business hub with many international companies establishing operations here. A more cordial relationship between the Philippines and China has proven to be beneficial to Bay City’s business outlook. Mainland offshore gaming firms and BPO companies have opted to set up shop in and around Bay City. This had a positive impact on the area’s real estate market. Colliers International research found rental rates were 30 to 50 percent higher in a number of residential condo properties in the Bay Area and Makati due to an influx of Chinese employees. A growing number of mainland buyers are also purchasing condo units here. This increase in demand has been good for Bay Area property prices which are among the fastest growing in Metro Manila. And it’s not just those from overseas who want to live and work in Bay City. With several key business areas and an endless supply of entertainment options, this is a place that caters to those who enjoy a modern lifestyle. Bay City is firmly entrenched as the entertainment hub of the Philippines with places like SM Mall of Asia, making it a place both tourists and locals flock to throughout the year. The Mall of Asia is also undergoing an ambitious expansion that will see a number of facilities open including the first IKEA in the Philippines. Nino Aquino International Airport is easily accessible from Bay City. Additionally, the area is home to World Trade Center Metro Manila, the Philippine International Convention Center, the head offices of several large firms, such as Philippine Airlines, and a number of government Bay City is more than 40-years old, but its true impact is only starting to be realized. While the area is best known as an entertainment zone, it is quickly transforming into a business hub with many international companies establishing operations here. A more cordial relationship between the Philippines and China has proven to be beneficial to Bay City’s business outlook. Mainland offshore gaming firms and BPO companies have opted to set up shop in and around Bay City. This had a positive impact on the area’s real estate market. Colliers International research found rental rates were 30 to 50 percent higher in a number of residential condo properties in the Bay Area and Makati due to an influx of Chinese employees. A growing number of mainland buyers are also purchasing condo units here. This increase in demand has been good for Bay Area property prices which are among the fastest growing in Metro Manila. And it’s not just those from overseas who want to live and work in Bay City. With several key business areas and an endless supply of entertainment options, this is a place that caters to those who enjoy a modern lifestyle. Bay City is firmly entrenched as the entertainment hub of the Philippines with places like SM Mall of Asia, making it a place both tourists and locals flock to throughout the year. The Mall of Asia is also undergoing an ambitious expansion that will see a number of facilities open including the first IKEA in the Philippines. Nino Aquino International Airport is easily accessible from Bay City. Additionally, the area is home to World Trade Center Metro Manila, the Philippine International Convention Center, the head offices of several large firms, such as Philippine Airlines, and a number of government buildings.
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Newest Launched in Makati City 'The Jade Residences"

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SM Development Corporation (SMDC), the country’s leading real estate developer, unveils Jade Residences, a groundbreaking development that reimagines living spaces to enhance residents' well-being. Bright lights. Skyscrapers. Vibrant life. Makati City is everyone's dream city to live in. It is bustling and is filled with adventurous, goal-oriented individuals who are looking for one thing: a space where creativity can thrive and a holistic lifestyle can be achieved. Drawing inspiration from modern East Asian style, SMDC’s Jade Residences showcases an Oriental design, and a fusion of the color of Jade with neutral and classic earth tones, and accents from ornately designed wall murals. Jade Residences sets out to explore the profound impact of creative and open spaces on the wellness and relaxation of its residents. The property’s design concept harmoniously blends nature, functionality, and aesthetic appeal, creating an environment that nurtures both the body and the mind. These design choices aim to create an atmosphere that promotes emotional well-being and a sense of self-connection, as it redefines the Makati skyline. At SMDC’s Jade Residences, the deliberate incorporation of the gemstone’s attributes into the property’s design provides residents with a unique and enhanced living environment. The presence of jade-inspired elements throughout the development, such as decorative accents and art installations in its public spaces and lounge areas, fosters an ambiance of balance, tranquility, and positive energy. The concept behind the development is to provide a living space that not only exudes effortless elegance but also a sanctuary where they can disconnect and experience the holistic benefits of putting one’s wellness first. And these well-designed spaces and greeneries are perfect for nurturing the mind, body, and soul. SMDC’s Jade Residences boasts of delicately designed spaces unlike any other. The Tea Lounge’s relaxing and serene ambiance will allow residents to connect with each other through stories and some light snacks. The yoga deck, meditation deck, and garden pools will enable one to relax under the sun, with the breeze, and the sounds of flowing waters. If you are looking for ways to incorporate healing and relaxation into your life, the sauna area and the lighted pool lounge deck are just right for you. And for residents seeking a place for entertainment with friends and family, Jade Residences’ sophisticated and well-equipped Media Lounge, Game Lounge and Music Lounge are the perfect spots to unwind and socialize. Apart from these amenities, SMDC’s Jade Residences is a promising investment that offers high returns. For investors, being located in the Makati CBD makes the property accessible and convenient, making the units highly rentable and profitable. For homeowners, its proximity to schools, offices, commercial establishments, and creative spaces like museums and galleries make it a really conducive area to live in. SMDC’s Jade Residences, with its impeccably designed spaces, and intentional focus on well-being, goes beyond providing mere shelter and instead offers residents an immersive and transformative living experience.

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SMDC scores big at 9th PropertyGuru Philippines Property Awards

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Following a tremendous showing last year, SMDC bagged a total of 11 awards at the 9th PropertyGuru Philippines Property Awards including the highly coveted Best Developer (Philippines) for the second straight year, and Best Mid Rise Condo Development (Philippines) for Gold Residences. The awards ceremony was held virtually on November 11, 2021. Alongside winning Best Developer, SMDC also secured the all-new Best Developer (Luzon) Award as well as being a two-time winner for the Best Lifestyle Developer Award in recognition of the company’s efforts to offer additional facilities across all developments made to enhance the living experience of residents. This year’s results further build on what has been a highly successful awards show run for SMDC, continuously driving the company’s vision to make luxurious urban living more affordable – enabling more Filipinos access to a truly cosmopolitan lifestyle. The group won big awards for Gold, Vine, Green 2 residences, and more. Following a tremendous showing last year, SMDC bagged a total of 11 awards at the 9th PropertyGuru Philippines Property Awards including the highly coveted best developer (Philippines) for the second straight year, and best mid-rise condo development (Philippines) for Gold Residences. The awards ceremony was held virtually on November 11, 2021. Alongside winning best developer, SMDC also secured the all-new best developer (Luzon) award as well as being a two-time winner for the best lifestyle developer award in recognition of the company’s efforts to offer additional facilities across all developments made to enhance the living experience of residents. In the development category, Gold Residences, within Gold City – SMDC’s pioneer township development in Parañaque City – is the winner of the best mixed-use development award. Gold Residences won the best high-end condo development (Metro Manila) and best lifestyle development awards as well. Vine Residences won the best upper affordable condo development (Metro Manila) award, while Green 2 Residences earned the award for best high-end condo development (Southern Luzon). Many other SMDC projects were highly commended across several development categories: best high-end condo development for Metro Manila (Sail Residences), best upper mid-end condo for Metro Manila (Light 2 Residences, Shore 3 Residences), best upper affordable condo development for Metro Manila (Bloom Residences, Charm Residences), best affordable condo development (Hill Residences), best condo development for Metro Davao (Lane Residences), best condo development for Central Luzon (Cheer Residences), and best condo development for Visayas (Smile Residences, Style Residences). Gold Residences also won in the design category, earning the title of best landscape architectural design as well as commendations for the best condo architectural design and best condo interior design awards. Light 2 Residences (best condo architectural design) and Vine Residences (best landscape architectural design) were also among the developments highly commended by the awarding body. SMDC was also among the winners of the special recognition in sustainable design and construction – an award given to developers whose projects utilize environmentally-friendly design features, low-impact material selection, and are assessed to be durably designed and capable of withstanding various lifecycles. This year’s results further build on what has been a highly successful awards show run for SMDC, continuously driving the company’s vision to make luxurious urban living more affordable, and enabling more Filipinos access to a truly cosmopolitan lifestyle. “For our efforts to be recognized by an esteemed organization such as PropertyGuru is indeed something we at SMDC can truly be proud of,” SMDC president Jose Mari Banzon said. “While these wins certainly validate the collective work we have done to realize the vision of our company founders, ultimately, they fuel our drive towards the creation of a nation of homeowners where each and every Filipino can live their best lives.”