The potential is endless for the Manila Bay Area, that part of the metro which is seeing sustained transformation and growth.
Federal Land Inc. (FLI), the real estate developer of the Ty Group, continues to invest heavily in the area with various developments that are seen stimulating economic and social activities to improve the lifestyle of Filipinos.
“We have always seen the potential of Manila Bay Area as a location that provides the convenience of having everything within reach, as well as the dramatic views of sun and sea as a backdrop. This city within a city is an urban gem that we are committed to further enhance with integrated developments that also have high property value appreciation rates,” said Federal Land sales group head Margarita Saenz-Resurreccion.
Once a reclamation project back in 1977, Manila Bay Area underwent a massive transformation and has become a burgeoning community straddling the cities of Pasay, Manila, and Parañaque.
Aside from being one of the thriving business capitals of Metro Manila, Manila Bay Area is also home to world-class shopping and entertainment. Its popular destinations include shopping malls and gaming establishments such as Solaire Resort and Casino, City of Dreams Manila, Okada Manila, the Cultural Center of the Philippines Complex, and the country’s first IKEA store.
“As the Manila Bay Area is expected to soon develop as one of the country’s premier central business districts along with Makati City, Bonifacio Global City, and Ortigas Center, we have seen an increased demand for our properties that are able to meet the needs and changing lifestyles of homebuyers. They want options, a mix of indoor and outdoor fun, superior accessibility and convenience” Resurreccion added.
Manila Bay Area enjoys close proximity to the Ninoy Aquino International Airport (NAIA). It can easily be reached via the Manila-Cavite Expressway (CAVITEX), the Metro Manila Skyway, the NAIA Expressway, and two most traveled boulevards in Metro Manila—Roxas and Macapagal. These roads connect the Manila Bay Area to other parts of Metro Manila and nearby provinces, ideal for those working or studying outside the area.
Increased demand
At present, Resurreccion said there is a significant demand for Ready-for-Occupancy (RFO) units in Federal Land’s Palm Beach Villas, Bay Garden Club and Residences, and SixSenses Residences, among aspiring homeowners who want to move in immediately or investors who want to rent them out for additional income.
These three developments are similar to vacation homes, providing resort-style amenities accompanied by modern building facilities and services, and within Federal Land’s master-planned community, Metro Park. It is a vibrant community complete with resort-style condominiums, lifestyle retail centers, business hubs, event spaces, and a premiere college.
Metro Park is popular among city dwellers who want their basic needs all in one place. Federal Land is also continuously upgrading Metro Park with a variety of shops, new dining choices, weekend markets, and an open park, among others. These include Le Parc and Le Pavillon Events Hall, Manila Tytana Colleges, Blue Bay Walk, Met L!ve, and the iMet BPO office tower.
“Federal Land will continue to invest in the area because we believe in its high potential. With improving economic activities in the last quarter of 2021 and high vaccination rate, we see more developments to rise in the Manila Bay Area in the coming years. This is as we hope to sustainably enrich lifestyles with well-built living and commercial spaces in strategic locations,” Resurreccion said.
Move in immediately and enjoy a relaxing vacation in your own home, email [email protected] to know more about the available RFO properties in Manila Bay Area or call 8551-0888 to schedule a private viewing of the property.