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Friday, March 29, 2024

Hope springs eternal for ALI amid pandemic

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Property remains a viable investment amid the global pandemic, according to Ayala Land Inc. (ALI).

Hope springs eternal for ALI amid pandemic

The developer behind several mixed-use estates sees the current milieu as an opportunity for investors to establish a richer property portfolio. According to Cris Zuluaga, AVP of Ayala Land Estates, Inc., the uncertainty should not deter those with capital especially when attractive returns can be expected in the future.

Recovery from downturn, inevitable

“We have seen in past crises how the property sector has constantly been able to recover after a downturn with values appreciating over time,” said Zuluaga. “Given our country’s stable economy, it remains one of the best options for investment today,” 

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Historically, ALI has proven the sustainability of its projects as it saw tremendous growth in the land value of its developments in strategic growth centers. Reflecting the recent growth of the industry, based on the land values reported by Colliers in September 2018 and December 2019, both Alabang and Makati grew about 12% annually in the past 10 years. 

Taking financial risks during a pandemic may seem unwise to some, but Zuluaga argued on taking advantage of the potential returns of an intelligent, calculated risk.

Growth for Vermosa

Ayala Land’s Vermosa estate in Cavite presents an investment opportunity for homebuyers, industries and businesses who are banking on reaping returns post pandemic.

Vermosa has reached an 82% growth on its commercial properties since its introduction in 2015, with a compounded annual growth rate of 14%. Upon full build out, Vermosa is expected to house around 30,000 people across several of its residential developments and generate about 500,000 jobs. 

ALI banks on the continued growth potential of the province of Cavite as it goes full-swing with the development. The estate is seen to gain improved access through several major infrastructure projects that establish Cavite as a booming growth center such as the Aguinaldo and Molino flyovers, Skyway extension, and the Cavite-Laguna Expressway (CALAX).

Hope springs eternal for ALI amid pandemic

Zuluaga said Vermosa has the trademark qualities of an Ayala Land estate—integrated, pedestrian-friendly, inclusive, and conducive for building an ideal, community-grounded lifestyle. 

Apart from residential investments in its estates, Ayala Land commercial lots are likewise on offer for investment consideration, particularly at Vermosa, Nuvali (Laguna), Arca South (Taguig), Alviera (Pampanga) and Altaraza Town Center (Bulacan).

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