Monday, January 5, 2015

REAL ESTATE PROJECTS: Cebu City Valued Investments

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.


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