It can be denied based on surveys and
statements of Philippines economic experts, Cebu City is one of the leading
cities that bloomed on its real estate business. This all started when tourism
became one of the assets of the city in terms revenue. The city government gave
more highlights on tourism because it can’t also be denied Cebu City has lots
of historical events and places that the world always remembered by.
This is
one of the reasons local and foreign tourists entice to visit these places and
back again yearly – a Cebu City valuedinvestments. Due to its increasing
volume of tourists from different corners of the world, low of supply and high
demand of living accommodations started to be a problem.
Recently, real estate projects added
more revenues of the city treasury that is why this considered as Cebu City valued investments.
Lots of developers
and investors from different places started to flock Cebu City to pour their
money for real estate project investments. A little more expensive compared to
Manila City areas, but still investors
considered it because according to them Manila has these following
problems;
- Congestion and Pollution Problem
- Unhealthy Environment
- Peace and Order Stability
- Accessibility
- Flood Prone Areas
If you try to look around Cebu City
downtown and uptown, lots of high rise building constructed at nearby distances
with each other. With the coming more of those pre selling units every year
this is already considered as future Cebu City Valued Investments. Aside from these competing high rise building,
the most awaited moments to be seen a year or two from now are the completion
of different projects constructed at the south road property area.
This area (south road property or SRP) has a
wide open space of reclaimed area facing Bohol Island where coastal road that
links to southern part is located. This is also an access road during peak
hours of all vehicles going south and back to the city downtown.
On this area, lots of on-going
projects constructed. Few of those that are already visible on their near
completion are SM Sea Side City which humored to be bigger than Mall of Asia in
Manila and different condominium projects of Filinvest Corporation. Another
renowned international company that would also invest on this area is Big Foot
Production – an international movie industry. These and more is just a “tip of
an iceberg” in terms of Cebu Valued
Investments.
