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Mall of Asia Complex Now Among Metro Manila’s Best Areas for Property Investment
Published by: Cheyenne Hollis (DOT PROPERTY) | November 14, 2018
Bay City is more than 40-years old, but its true impact is only starting to be realized. While the area is best known as an entertainment zone, it is quickly transforming into a business hub with many international companies establishing operations here.
A more cordial relationship between the Philippines and China has proven to be beneficial to Bay City’s business outlook. Mainland offshore gaming firms and BPO companies have opted to set up shop in and around Bay City. This had a positive impact on the area’s real estate market.
Colliers International research found rental rates were 30 to 50 percent higher in a number of residential condo properties in the Bay Area and Makati due to an influx of Chinese employees. A growing number of mainland buyers are also purchasing condo units here. This increase in demand has been good for Bay Area property prices which are among the fastest growing in Metro Manila.
And it’s not just those from overseas who want to live and work in Bay City. With several key business areas and an endless supply of entertainment options, this is a place that caters to those who enjoy a modern lifestyle.
Bay City is firmly entrenched as the entertainment hub of the Philippines with places like SM Mall of Asia, making it a place both tourists and locals flock to throughout the year. The Mall of Asia is also undergoing an ambitious expansion that will see a number of facilities open including the first IKEA in the Philippines.
Nino Aquino International Airport is easily accessible from Bay City. Additionally, the area is home to World Trade Center Metro Manila, the Philippine International Convention Center, the head offices of several large firms, such as Philippine Airlines, and a number of government buildings.
Enjoy paradise in Bay City at Shore Residences
What makes Shore Residences special? For starters, the condominium is located in the heart of Bay City with most everything a few minutes away. And once you enter the development, you will be transported into your own personal paradise that provides unmatched privacy.
Shore Residences captures the luxury of a 5-star vacation resort and combines it with the cozy atmosphere of home. This means you can enjoy spectacular amenities such as a resort-style swimming pool, luxurious lounges, modern fitness areas, gardens and spacious lobbies.
Shore Residences is within walking distance of SM Mall of Asia
The well-connected location of Shore Residences guarantees residents easy access to all of Bay City’s popular spots. SM Mall of Asia and Mall of Asia Arena can be reached on foot in roughly ten minutes. All of the famed resorts are a short drive away from the property while family entertainment choices like Star City and the Manila Zoo are nearby as well.
Should you need to get away, reaching the rest of Metro Manila is a breeze. Nino Aquino International Airport and Makati can be reached in 15 minutes by car. Getting to just about anywhere in the city is relatively easy since major roads and highways such as EDSA, Macapagal Avenue and Roxas Boulevard are close.
Property in Bay City will continue to increase in value as more business and entertainment centers open. Being close to SM Mall of Asia means projects like Shore Residences stand out thanks to the unbeatable location, resort-style amenities and modern unit types.
This article was brought to you by SMDC Development. For more information on Shore Residences, click here.