MANILA, PHILIPPINES—Property remains a viable investment amid the global pandemic, according to Ayala Land Inc. (ALI), the developer behind several of the country’s sought-after mixed-use estates, maintaining its optimistic outlook for the sector through long-term investment strategy and innovative business approach.
Ayala Land sees the current milieu as an opportunity for investors to establish a richer property portfolio. According to Cris Zuluaga, 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,” said Zuluaga
Cris notes that the property sector posted consistently strong performance despite economic downturns. Historically, ALI has proven the sustainability and viability of its projects as it saw tremendous growth in the land value of its developments in strategic growth centers. Reflecting the recent growth of the industry, based on the land values reported by Colliers in September 2018 and December 2019, both Alabang and Makati grew about 12% annually in the past 10 years.
The company’s 29 sustainable mixed-use estates across the Philippines showcase ALI’s mettle through the years. As it continues to enjoy the repute of being 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.
Taking financial risks during a pandemic may seem unwise to some, but Cris argues on taking advantage of the potential returns of an intelligent, calculated risk.
Exponential growth for Vermosa
Ayala Land’s progressive estate Vermosa in Cavite, for instance, 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. In recent years, Vermosa has become the destination for modern active living and lifestyle pursuits south of Manila, and soon to rise as a progressive commercial center.
ALI banks on the continued growth potential of the province of Cavite as it goes full-swing with the development. The estate is seen to gain improved access through several major infrastructure projects that establish Cavite as a booming growth center such as the Aguinaldo and Molino flyovers, Skyway extension and the Cavite-Laguna Expressway (CALAX).
Cris shares that 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,” Cris stressed.
Apart from residential investments in its estates, Ayala Land commercial lots are likewise on offer for investment consideration, particularly at Vermosa, Nuvali (Laguna), Arca South (Taguig), Alviera (Pampanga) and Altaraza Town Center (Bulacan).