OFWs more keen on investing in homes

posted July 17, 2021 at 06:30 pm
by  Manila Standard Business
Overseas Filipino workers are constantly proclaimed as the modern era’s “bagong bayani,” a title that attests to their unrelenting desire to support their families even if it means doing so from halfway across the globe. 

OFWs more keen on investing in homes
OFWs, regardless of where they are, are seeking to invest in homes in the Philippines.
Copious accounts have been written about the travails of these migrant workers. Some are overworked and underpaid, often lonely, and when stricken ill, are forced to endure the absence of a loving family.

The extraordinarily sad plight of OFWs was underscored during the global pandemic.  In the confusion that ensued, homecomings were suspended and returnees were stranded, adding to their anxiety about their loved ones back home.

Time was, the unspoken implication of their sacrifice is that one day, they will come home and enjoy the rewards of their labor—quality time with their families and a safe, comfortable home to enjoy it in.

“It’s for this reason that more OFWs, regardless of where they are, are seeking to invest in homes in the Philippines,” says Red Rosales, president of Bria Homes. 

“Buoyed up by reports of the local real estate industry displaying resilience during the crisis, OFWs are optimistic that property investment is the best way to make their hard-earned money grow.” He says.

With many OFWs looking to settle down in places where they were born and raised, Rosales believes that Bria can cash in on the trend by offering properties from which OFWs’ children can benefit in the long term.

One factor that augurs well for this prospect is the government’s massive infrastructure program. Projects like the Clark International Airport, Subic-Clark cargo railway, the MRT 7, and the NLEX-SLEX connector road, among others, are expected to stimulate growth in industrial and commercial sites, thereby creating a demand for residential spaces. 

With completed projects reducing travel time between towns and cities, land values are poised to appreciate. Office and residential spaces will be in high demand—not just in the metropolis but also in progressive provinces south and north of Metro-Manila.

With most businesses adapting to the digital landscape, remote work and learning will further thrive in the forthcoming years. This should spur potential home buyers and investors to consider residential options in safer and healthier environments away from congested cities. 

With these in mind, Bria Homes, a leader in the affordable housing development, presents a multitude of choices in its more than 50 projects located across the country. All are master-planned communities with access to schools, hospitals, retail establishments, churches, offices, main roads and highways.

To ensure a wholesome year-round community engagement among residents, Bria Homes have recreational facilities such as basketball courts, playgrounds, multi-purpose halls, and open green spaces. Perimeter fences, guarded entrances, and 24/7 CCTV coverage help secure the premises, while homeowners have digital access to Bria’s efficient property management any time.

Through Bria Homes’ tried-and-tested formula of Affordability (Mura) + Quality (Dekalidad) = A Beautiful BRIA Home for Every Filipino, OFWs can readily invest in two or more aesthetically designed, superior-quality house and lot units. 

Topics: overseas Filipino workers , migrant workers , Bria Homes , investment
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