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Foreign investors remain bullish on PH property sector

June 23, 2021

foreign-investors-remain-bullish-on-ph-property-sector-1624434001187 Foreign property investors expect a robust economic recovery once the coronavirus pandemic is put under control. (Artist’s illustration of The Oriana’s North and South Towers’ roof-deck amenities)

Foreign investors are still keen on investing in real estate in the Philippines as they expect a robust economic recovery once the coronavirus pandemic is put under control.

 

This was reflected in the initial list of buyers of DMCI Homes’ latest residential development along Aurora Boulevard, Quezon City—The Oriana—which was put on the market last April.

 

One of the foreign buyers, Japanese national Mr. Tsubasa Shiina, said he is optimistic about investing in the country because he sees the Philippine economy accelerating after the spread of infection has subsided.

 

Mr. Shiina had also previously bought units at other DMCI Homes’ projects Infina Towers in Quezon City and Fairlane Residences in Pasig.

 

The Japanese investor said he remains confident of buying properties especially because of one distinct advantage of real estate compared to other forms of investment.

 

“I think the best advantage of investing in the real estate is it has strong foundations against inflation,” Mr. Shiina said as he pointed out that unlike traditional investment options, real estate investment can profit from inflation in terms of driving rents and property values higher and in the long term.

 

Mr. Shiina said he plans to live in his Infina Towers unit next year and rent out his other properties.

 

He said he was convinced to invest in The Oriana because of the property’s rental income potential owing to its advantageous location near Quezon City’s university town and upcoming transportation infrastructures like the Metro Manila Subway Project.

 

“The Oriana has strategic location and is in the best place for university students to rent given its easy access to the new subway, I think the Oriana could be the best property to invest in the Philippines,” Mr. Shiina said.

 

“I researched the address of The Oriana and I searched on Google Maps and found what kind of universities are around The Oriana. So I learned that the universities are the Ateneo and UP which both have huge student population. So that is the kind of research that I did,” he added.

 

foreign-investors-remain-bullish-on-ph-property-sector-1624434257506 Mr. Shiina continues to grow his real estate portfolio despite the pandemic by investing in DMCI Homes’ latest development in Quezon City, The Oriana.

Apart from rental potential, Mr. Shiina also considers price point and construction design and quality when deciding on what property to invest in.

 

“DMCI Homes properties’ price point is always excellent compared to others. The building structure is also very different and unique from other developers. Sunlight and wind can easily enter the building that help reduce costs,” he said.

 

“I will also live in Infina Towers next year so I'm very interested about this design technology. I'm looking forward to living in the Infina very soon,” he continued.

 

DMCI Homes launched The Oriana in April to attract both end-users and investors looking to be part of a vibrant Quezon City district with high growth prospects, owing to the area’s advantageous location near business centers, top universities, and existing and upcoming transportation infrastructures.

 

Sitting at the center of a transit-oriented community, the 9,314 square meter-property is served well by public transport that includes train terminals like the Anonas and Katipunan stations of the Recto Avenue-Masinag, Antipolo LRT 2 Line and the proposed Anonas station of the highly anticipated Metro Manila Subway system.

 

The Oriana will have two towers, the North and South towers, which have 54 and 56 floors of residential units respectively.

 

The North Tower, which was launched in April, will offer 1,242 units—all two-bedroom layouts measuring 54.5 square meters (sq. m) to 81.5 sq. m. An initial inventory of 828 units have been released for pre-selling, with starting price of Php6.53 million.

 

The Oriana’s North Tower will be ready for move-ins starting April 2026. Available units are now preselling starting at a very reasonable price of Php17,000 per month.

 

The Oriana is one of the developments of DMCI Homes, the country’s first Quadruple A real estate developer known for building quality resort-inspired communities in Mega Manila, Baguio City, Boracay and Davao City. Each of its properties is built with world-standard craftsmanship borne from D.M. Consunji Inc.'s over 60 years of expertise in the construction and development industry.

 

To learn more about The Oriana and other DMCI Homes projects, call (632) 5324-8888 or +63917-880-8800. News and other updates are also posted on the company's official social media accounts on Facebook, Twitter, Instagram, and YouTube.

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