Real estate, an investment to make you Smile

5 minutes min. read

Contrary to popular belief, investing in real estate isn’t just for the rich and affluent. Several factors have, in time, leveled the playing field when it comes to property ownership. More than just affordable rates and flexible payment terms, what makes real estate investment sustainable and attainable above all else is its ability to stand the test of time.

If you’re looking to diversify your investments, the year 2022 might be an excellent time for you. To help you come off the fence is a recent Colliers International Philippines report that shows the real estate industry is expected to regain strength this year, alongside the overall economic recovery, as foreseen by the Bangko Sentral ng Pilipinas. After enduring the headwinds brought about by the pandemic, Colliers sees the rebound in outsourcing demand, continuous remittances from overseas Filipino workers, and the return of foreign professionals to jumpstart the residential market.

With eased quarantine restrictions under Alert Level 1, increasing confidence is all the more seen in both business and consumer sectors, further fueling the already optimistic position of the property sector.

Make the big move this 2022

The opening of the economy is bound to serve as a conduit to maximum investment returns mainly because of the attractive rental rates it posits for real estate investors.

In Metro Manila alone, the residential rate is projected to have an uptick of 1.7 percent this year, and even higher in 2026 by 2.3 percent, the Colliers report said. As more and more companies start to reinstate office work setups — or hybrid arrangements, at the least — people will begin looking for residential units closer to workplaces, thus helping prop up residential property demand.

Smile Residences model unit with marbled floors and an outdoor view

In fact, Bacolod City has grown to become a renowned business hub, thanks to its fast-growing business process outsourcing (BPO) industry. The Information and Communications Technology Office of the Department of Science and Technology (DOST-ICTO) gave the city the distinction of being among the “Top 10 Next Wave Cities in BPO,” as well as a “Center of Excellence for Business Processing Management.” With more job opportunities, the greater demand for homes in the area is inevitable.

There’s a wealth of possibilities to reap this year as well, especially in prime locations, because of improved connectivity and accessibility across the country. Much of this is attributed to the government’s Build, Build, Build infrastructure program, which plays a critical role in growing property values.

Pandemic-proof, future-proof

Among the most interesting offshoots of the pandemic is the shift in priorities it brought for real estate investors. According to an Attitudes Survey by real estate consultancy firm Santos Knight Frank, property seekers in Southeast Asian countries, including the Philippines, prefer developments that cater to both the pandemic and post-pandemic setups.

Integrated residential developments with open areas and green spaces become more desirable, as convenience, safety, and health and wellness become top-of-mind for buyers. Leechiu Property Consultants, for instance, says that the novelty of living close to nature is gaining attention—remarkably even if situated within commercial complexes.

When it comes to these criteria, the superior option is the Smile Residences of SM Development Corporation (SMDC). Located in the Visayas region’s emerging economic powerhouse, Bacolod City, nothing embodies “iconic bayside lifestyle” more than Smile Residences. It offers a “home beside a mall,” making it a future-ready development.

The premiere waterfront development lies within the SM City Bacolod Complex, providing access to a slew of shopping, dining, and entertainment options. With the SMX Convention Center, Park-Inn by Radisson Hotel Bacolod, the new government center, and the Pope John Paul II Tower just a stone’s throw away, you’ll never miss a beat. Gateways to and from the City of Smiles also ensure you get unmatched accessibility, with the Bacolod International Airport and Seaport close by.

outdoor pool enclosed by buildings in SMDC Smile Residences

Like all SMDC master-planned developments, Smile Residences puts comfort and wellness front and center, as it features amenities for sports and recreation that promote mental and emotional well-being through a healthy lifestyle.

Resort-style swimming pools, outdoor lounges, and elaborate gardens are conducive to stimulating bonding activities with the family.

Couple these with the accommodating staff at the hotel-like lobby, and the bay’s therapeutic landscapes, and you get a home you could call your sanctuary.

Here to last

Real estate investment is beyond compare, not only because it can generate a steady source of passive income, but also because it increases in value over time. The key to this, therefore, is to invest in developments that go above and beyond just multi-faceted lifestyle and location offerings. You’ll get the most of your hard-earned money because it’s an investment that’s here to last.

With the Philippines being a disaster-prone country, SMDC believes that resilience and preparedness need to be the norm. All SMDC developments are meticulously planned, tested, with a flood, traffic, and soil study that ensures a safe, earthquake-resistant, and flood-free development.

Beyond attention to the environment, it’s the community-building efforts that make life in an SMDC development much more worthwhile. From health and wellness caravans to entrepreneurial activities, among others, SMDC stays true to being the “Home of the Good Guys.”

With developments like Smile Residences under its belt and SMDC’s sustainability ethos like no other, there’s no stopping the fastest-growing real estate developer in the Philippines. Give yourself more reasons to smile today with maximum returns at Smile Residences.

To know more about SMDC’s Smile Residences, visit its property page today.