There has been sustained interest in Central Luzon, which is often touted as one of the fastest growing economies in the Philippines.
According to the Philippine Statistics Authority, the region’s economy has grown to P2.19 trillion in 2022 from P2.02 trillion in 2021.
This shows that it is back on track after being hit hard by the pandemic.
One of the most progressive provinces in this region is Bulacan, known as the “Northern Gateway from Manila.”
A popular destination for tourists
Rich in history, culture, and investment opportunities, Bulacan is well known for many things.
It is the birthplace of the First Constitutional Democracy in Asia, national heroes like Marcelo H. Del Pilar and Gen. Gregorio del Pilar, and national artists like Francisco “Baltazar” Balagtas, Nicanor Abelardo, and Guillermo Tolentino. There are also a lot of tourist spots like Barasoain Church, Biak na Bato National Park, Marcelo H. Del Pilar Shrine, Meycauayan Church, Pinagrealan Cave, and many more. Thus, it is also an ideal destination for local and foreign tourists to visit.
An economic hub
It is also a popular source of marble and marbleized limestone, jewelry, pyrotechnics, leather, meat and meat products, aquaculture, garments, furniture, high-value crops, sweets and native delicacies, and various native products.
Given its strong economic potential and excellent location, Bulacan has been a favored location by many investors, including real estate developers.
Property developments in Bulacan
Robinsons Homes has commenced construction of Springdale Baliwag, while other national developers like Megaworld (Northwin Global City), SMDC (Cheer Residences, Joy Residences), Moldex (Moldex New City), Vista Land (Camella Bulacan, Camella Baliwag, Camella San Ildefonso, Camella Cielo SJDM, Camella Monticello SJDM, Camella Santa Maria, Camella Provence Malolos), and Ayala Land Inc. (Madera Grove Estates, Amaia Scapes Bulacan, Amaia Steps Altaraza, Crossroads) also have projects in the province.
As investments also lead to more jobs becoming available in Bulacan and the increased accessibility through the Skyway Stage 3 and the highly-anticipated MRT-7 and North-South Commuter Railway projects, and New Manila International Airport (Bulacan International Airport), there has been sustained interest from homebuyers.
Starter families, overseas Filipino workers, foreigners and retirees are considering investing in Bulacan.
The many developments provide them with more options to choose from depending on their needs, preferences, and budget.
Sources: bulacan.gov.ph, pia.gov.ph
Image sources: smdc.com, robinsonshomes.com, megaworldcorp.com, moldexrealty.ph, ayalaland.com.ph