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Thursday, April 25, 2024

Prices of memorial lots rise over the years

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Under normal circumstances, investing in a memorial lot might be the last thing on many people’s minds. After all, the pursuit of leisure and other mundane affairs often take precedence over matters like a final resting place—for themselves or for those they love. 

Prices of memorial lots rise over the years
Golden Haven Memorial Park

Realizing how fragile and unpredictable life is may motivate them into making smart decisions now such as investing in a memorial lot at any of Golden Haven’s premier locations.

Golden Haven has more going for it than beautiful parks and tranquil settings that honor the dearly departed. As with any piece of real estate, memorial lots at Golden Haven have increased in value over time. With an annual appreciation of 20 percent, investing in Golden Haven lots grant high returns.

One example is Golden Haven Memorial Park in Las Piñas, a 15-hectare property that features elements of Spanish architecture and a butterfly garden. When the park first opened in 1984, memorial lots at the location cost P5,000. That value has gone up to P378,000 today, showing an impressive 2,240-percent increase in 36 years or 67 percent per annum.

Golden Haven Cebu, acknowledged as one of the most beautiful memorial parks in the country with Italian design and mountaintop sanctuary, saw the price of a memorial lot rise from P25,000 in 2005 to P232,000, an increase of more than 828 percent in value in 15 years or 46 percent per annum.

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Another choice place is the Golden Haven Memorial Park in Cagayan de Oro which is known for its majestic replica of the famed Christ the Redeemer statue at Rio de Janeiro, Brazil. In 2007, a memorial plot at the location cost P33,000. Today, those plots cost P89,000 each, representing a 170-percent increase in value.

Many developers are now offering incredibly flexible terms and even substantial discounts to prospective property seekers. They can come in at a low cost—with no risks involved—but with a proven high return on investments.

Nowhere is this more evident than at Golden Haven, one of the most trusted names in the deathcare industry. Golden Haven has 30 sites across the country, offering memorial lots that make perfect low-risk and safe investments. 

It is a subsidiary of publicly listed Golden Bria Holdings Inc., the third largest real estate company in terms of market capitalization valued at over P200 billion.

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