September 3, 2024
UP transportation expert advocates for carpooling in condos to ease traffic congestion
Home to over 13 million people, the National Capital Region (NCR) has become syn...
DMCI Homes Corporate Center, 1321 Apolinario Street, Bangkal, Makati City, Metro Manila, PH 1233
June 21, 2024
Pasig City is seeing a resurgence as an in-demand location for homes and businesses.
Pasig's allure attracts businesses and residents who want to be close to the heart of all the action without facing the high property prices within central business districts (CBDs). The local population is growing by an average of 1.3% annually, while property valuations have consistently increased over the last decade. As of 2022, according to Commission on Audit data, Pasig is the fourth largest city in the Philippines, next to Quezon City, Makati, and the City of Manila.
Why should you invest in Pasig? The city's central location within Metro Manila is advantageous: Pasig is conveniently nestled between Quezon City, Makati, and Taguig. This offers homeowners a value-for-money option as they can easily visit any major CBDs without committing to large real estate investments or rental fees.
Convenient location
The Valeron Tower, a mixed-use development by DMCI Homes, lets new homebuyers participate in Pasig City's economic boom. Nestled at the corner of C-5 Road and P.E. Antonio Street, The Valeron Tower's location is ideal for anyone who often travels around the metro.
Having The Valeron Tower as your address means that offices, retail spaces, and schools are within a few minutes of travel. The property is easily accessible to key destinations by driving or even by foot. Soon, new train lines will also make commuting to the property more accessible than ever as railway projects like the Metro Manila Subway (Valenzuela to Parañaque) and the Metro Rail Transit Line 4 (Quezon City to Taytay, Rizal) are in the works.
The Valeron Tower is surrounded by shopping malls like SM Center Pasig, Tiendesitas, and Eastwood Mall, which are within a 10-minute drive from the property. Business centers like Bridgetowne, Parklinks, and Arcovia City are all 5 minutes away. At the same time, healthcare facilities like The Medical City and the Pasig City General Hospital are less than 2 kilometers from Valeron.
Strong growth potential
Individuals looking for an excellent real estate investment will find acquiring a unit at The Valeron Tower promising. The property is currently in the pre-selling stage, meaning that units are for sale at relatively low prices. Units at The Valeron Tower are priced at around P170,000 per square meter (sq.m.) on average across the studio to three-bedroom units. To compare, condominiums under pre-selling rates average P368,000/sq.m. in Makati, while residential buildings within the Bonifacio Global City in Taguig are typically sold at P295,000/sq.m. These are well above the average rate of P229,000/sq.m. for properties around Ortigas Center, Pasig's main commercial strip.
The Pasig segment of C-5, a major thoroughfare connecting north and south of Metro Manila, is emerging as the next big CBD of the region. Property prices within the Pasig CBD have shown strong and sustained appreciation, with average residential values rising by 4.5% on average among condominium projects within a 2-kilometer radius of Valeron. The growth is more robust for properties along the Pasig segment of C5, which tallied a compounded annual growth rate of 12.3% over the last six years. Valuations rose even during the COVID-19 pandemic, signalling that condominiums in the area were suitable for remote work arrangements.
More residential and commercial townships are rising along the C-5 Ortigas Corridor, including The Valeron Tower, one of the newest developments in the area. Property values at The Valeron Tower will most likely appreciate further as it nears completion to match the ever-growing demand for real estate in Pasig.
Modern resort feel
The Valeron Tower is a thoughtfully designed haven amidst the city's hustle and bustle. Its modern artisanal architecture provides a luxurious and peaceful home where residents can unwind after a long day's work. Wall accents and fixtures level up the living experience by featuring elite crafts in the little details.
Residents and guests are instantly greeted by a modern and plush reception and drop-off area fitting for a hotel lobby, with an ornate façade and podium level providing a homey vibe.
DMCI Homes' Lumiventt® Design Technology makes The Valeron Tower a cozy breathing space, with fresh air continuously flowing across corridors and common areas of the 55-storey structure. Lush greenery and open spaces ensure that condominium living won't feel cramped as these offer stunning views of the Metro Manila skyline.
The property is designed to make life a breeze for homeowners. Commercial spaces will be made available on the ground floor to host retailers and services that can cater to the needs of The Valeron Tower's future residents.
Amenities for rest and recreation are aplenty at The Valeron Tower, with three pools, a Sky Lounge, a basketball court, a gym, an open lawn, and a playground for residents to enjoy. Inside, unit cuts are spacious, which gives a flair of elegance and openness.
Product of top-notch synergy
Two reputable companies are behind The Valeron Tower: DMCI Homes and Marubeni Corp., a global conglomerate headquartered in Japan. Their joint venture combines the two conglomerates' skills and expertise into one promising business venture.
DMCI Homes brings decades of expertise as the Philippines' first quadruple A developer with solid after-sales service. Its partner, Marubeni, lends a century's experience in power, infrastructure, steelworks, and machinery. Their combined track record elevates the craftsmanship and sophistication of The Valeron Tower while providing a value-for-money option for prospective property owners.
The Valeron Tower is a joint venture between DMCI Homes and Marubeni Corporation. To learn more about the project, please call DMCI Homes at (632) 5324-8888/0917 880 8800 or reach Marubeni Corporation through their website (https://www.marubeniphil.com/).