The Modern City of Nanjing |
Friday, June 15, 2018
Volleyball Nation League 2018 Final Round Host Cities: Nanjing & Lille
VOLLEYBALL NATION LEAGUE - is a newly establish volleyball competition in the world of volleyball sports. To be chosen as host city is another history in the making. Now China & France will claim this history. The cities of Nanjing, China & Lille, France have the bragging rights to say that they are first host cities in Women & Men division respectively.
Saturday, March 3, 2018
Top VisMin Locations You Should Invest in Real Estate Now
Looking for a condo for sale in Visayas or Mindanao? Check out these top locations you should consider looking into for your next real estate investment. By Rizza Sta. Ana
There is no denying the fact that the trend in local real estate development today is still going up. And the effects are definitely expanding not just in Metro Manila, but in major cities all over the Philippines.
Wong+Bernstein Group (W+B) executive director and corporate turnaround advisor Eric Soriano even observed how newbie developers and builders go head to head with established, more recognizable brands when it comes to gaining majority shares in regional real estate markets outside Luzon. He even noted residential home seekers look beyond the developer name when it comes to seeking their next real estate investment.
Earlier on, we recommended the best locations in Metro Manila for you to make your real estate investment. But if you’re on the hunt for a property to invest in Visayas or Mindanao, we decided to expand our coverage with this brand new list on where to look outside Luzon for your next real estate investment.
1. Cebu City
Rental yield: 4.91%
Accessibility: Located in the Central Visayas, Cebu can be accessed via air, land, or sea transport. Cebu also has an international airport (Mactan-Cebu International Airport), attracting tourists from all over the world. The city also has a color-coded Public Utility Jeepney (PUJ) system, where you can go from one point to another by taking the colored jeepney offering that specific route. You can also rent a car or hail a taxi.
Neighborhood quality: Urban planning is still suburban style, with residential subdivisions and house and lots located in cul-de-sacs or areas a bit away from commercial areas. You still have to commute to go to certain points of interest like shopping malls, entertainment complexes, and even historical attractions.
Economic potential: The city of Cebu is experiencing a continuous economic boom, thanks to its many beautiful islands, white sand beaches, luxury hotel and resorts, diving locations and heritage sites. But as the real estate market of Cebu continues to grow, specifically the condominium units market, we will be expecting mixed-use developments that will embed residential projects within urban landscapes, like the Cebu IT Park.
2. Iloilo City
Rental Yield: 3.38%
Accessibility: Iloilo City is a coastal city located on Panay island. Jeepneys are the main transportation mode in main roads, although you can take a metered taxi. The tricycle is used to commute to secondary roads. The large “passads” and buses are used to travel from the city to the rest of the Iloilo province and Panay Island. If you want to travel outside the city, you can do so at any of the five major integrated transport terminals bordering the perimeters of the city, through a railroad system connecting to nearby Roxas City, an international airport and a premier seaport.
Neighborhood Quality: The urban planning and architecture in Iloilo is a mix of Spanish-era and modern influences. Majority of the districts have common spaces called plazas, which are surrounded by several commercial establishments and facilities. However, real estate development has added a lot of office and retail real estate in the city. Vertical residences are also being developed near or within commercial areas and business parks.
Economic Potential: Iloilo City is the premier urban hub in the Western Visayas region. Trade, banking, commerce, finance, technology, medical tourism, hospitality, real estate, and tourism businesses are some of the businesses that have set shop in this Next-Wave city. In the last few years, information technology and business process outsourcing are thriving in Iloilo, spurring more employment, improved public facilities and utilities, and increase in city GDP or gross domestic product.
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