The real estate industry is back on its feet as pre-selling take-up of residential properties in the first nine months of 2022 breached full-year 2021 figures, according to real estate consultancy and research firm Colliers in its third-quarter property market report.
“Colliers believes that residential demand should be supported by improving consumer and business sentiment in Metro Manila,” said Colliers associate director Joey Roi Bondoc.
This is affirmed by Lamudi’s second-quarter outlook report, where it cited a 33-percent increase in demand for condo units across the country, with Pasig as one of the top 5 hotspots in Metro Manila.
“Pasig’s sustainable transport program and other initiatives undertaken in recent years to improve the city’s quality of living have enticed more and more property seekers to the city. The presence of bike infrastructure, pocket parks, and sidewalks along with various office and residential buildings contribute to its popularity among property seekers, especially as awareness surrounding the benefits of active transport increases,” said Lamudi, about Pasig in its 22 Cities to Watch in 2022 list.
Aspire by Filinvest expects its recently-unveiled Malang building within its green and sustainable mid-rise condo community Bali Oasis Phase 2 in Pasig to sufficiently address this steep climb in condo demand.
“We believe that the ideal pairing of Pasig’s dynamism and urban convenience matched with Bali Oasis Phase 2’s resort-style living will resonate with property seekers looking for a refreshing and relaxing respite while being close to life’s essentials. We agree with Colliers that more investors are becoming more discerning with green and sustainable features playing a crucial role in their investment decisions, and they can find it here,” said Filinvest Land president Tristan Las Marias.
Bali Oasis is a Balinese-inspired urban oasis located along Pasig City’s main artery, Marcos Highway.
This green and sustainable mid-rise condo community that offers studio, 1-bedroom, and 2-bedroom units is set within Bali Oasis Phase 2—a sprawling 1.7-hectare property that boasts of lush greens, resort-style amenities, and smartly-designed units.
All these create the perfect backdrop for a peaceful respite from the hustle and bustle of the city.
Filinvest Land, the developer behind Bali Oasis Phase 2 and the Aspire by Filinvest brand, recently unveiled the last building for the project.
“Today, we officially unveil the last building of Bali Oasis Phase 2, opening another chapter in this thriving green and sustainable community. Filinvest Land invested over P800 million for this latest addition to Bali Oasis with 303 new condo units. Bali Oasis Phase 2 opens more opportunities for Filipino families to enjoy the resort-inspired green lifestyle that this project offers,” said Filinvest Land first vice president and brand and product head Aven Valderrama.