Federal Land helps drive socio-economic activities in Marikina, Manila, and Manila Bay Area with new properties

Artist’s perspective of Mi Casa in Metro Park, Manila Bay Area

Federal Land, Inc., a real estate company is on track with its 2022 targets with new properties that will help to drive socio-economic activities in Marikina, Manila, and the Manila Bay Area in Pasay City.

“We are optimistic that the sector will see a significant rebound this year. This is why we remain aggressive in introducing new properties in key areas in the metro. As more people resume their previous routines, we shall provide them with living options that will fit their needs and respond to their demand for a holistic, sustainable lifestyle,” Federal Land, Inc. sales group head Margarita Saenz-Resurreccion said. 

This position supports the findings of the recently released Colliers Property Market Report, which listed “improvement in consumer and business confidence” among the key market enablers for the sector.   

The report, released last February 9, mentioned the overall Metro Manila vacancy rate is expected to go down to 16.2% by the end of 2022, from 17.9% in 2021. “This points out to a healthy supply pipeline,” it said.

 

Colliers also see a gradual recovery in rents and prices and expect an increase of 1.7% and 1.5%, respectively, as demand grows. It also cited data from the BSP’s latest Residential Real Estate Price Index (RREPI) report showing nationwide home prices increased by 6.3% YOY in Q3 2021 due to more robust consumer demand for residential property.

The group also encourages residential developers to “continue lining up projects, both condominium and house & lots, in line with the anticipated recovery of the economy and as more professionals return to traditional offices located in central business districts.”

New developments

Federal Land is set to launch new residential towers, the Siena Towers in Marikina, Manila with Quantum Residences, and in the Manila Bay Area with Mi Casa. 

“All these developments are strategically located in areas with various commercial and lifestyle choices, with nearby schools, hospitals, and major thoroughfares. They feature a wide range of amenities and access to the outdoor space that allows residents to lead an active, well-balanced life,” Resurreccion said.

Siena Residences - Marikina

Siena Towers is located along Sumulong Highway in Marikina City,  it is a modern take on the town of Siena, Italy, where rural charm and progress abound. It is an ideal option for those looking for upgraded suburban living and access to modern conveniences at a reasonable price.

The latest residential property in Taft Avenue, Manila, Federal Land’s Quantum Residences is among the company’s real estate developments that are seeing high demand from property buyers, both local and abroad.

The three-tower mixed-use condominium is designed to fit the modern lifestyle vibe. Also, a fiber optic is ready, so everyone in the family is assured of fast and reliable connectivity for work, learning, and entertainment.

On the other hand, Mi Casa is an upcoming vertical residence located within the Central Business Park island of Manila Bay Area designed for contemporary Filipino living. A tropical-inspired residence nestled in the middle of a thriving community makes an ideal home for executives and business owners who live a fast-paced life but aspire to go home to a quieter place that allows for relaxation and repose.

 “Overall, these properties are good investment options for those looking for a place to live, rent out, sell, or unwind,” Resurreccion concluded.  

Artist’s perspective of Quantum Residences along Taft Avenue, Pasay City