SMDC South 2 Residences: The right time and place for real estate investment
One of the safest investment options today is real estate. Through the booms and busts of the Philippine economy, the real estate industry has shown impressive resilience. The Residential Real Estate Index of Bangko Sentral ng Pilipinas has indicated increased property prices despite this year’s pandemic-induced downturn. However, to fully reap all the benefits, an investor must know the right time and place to invest. As a general rule, one needs to be ahead of a projected boom. Investors in real estate must also look for a strategic location with the right valuation and numerous possibilities. Las Piñas, nestled south of Metropolitan Manila, is a city with bright potential. Due to its young population and proximity to central business districts, this southern suburb has become the leading destination for would-be homeowners. Nestled in Las Piñas City is SMDC’s newest endeavor, South 2 Residences, which has become the top choice among property developments in the area. Premium value SMDC has become a market leader in the real estate industry owing to its strategic locations, integrated lifestyle, resort-style amenities, and hotel-type lobbies. Last year it bagged the coveted Best Developer Award from PropertyGuru, the most prestigious award-giving body in real estate. When it comes to a truly integrated lifestyle district in the metro, South 2 Residences is the perfect choice. It is situated within the SM Southmall Lifestyle Complex, with direct access to the SM Southmall, SM South Tower offices and various transport terminals. Everything is within reach. The location places residents at the center of everything and anything they may want and need, including access to hospitals and clinics, churches, and government offices. Its strategic location provides the highest premium and value appreciation for interested investors. A study conducted by Leechiu Property Consultants (LPC) on Las Piñas properties showed that condominiums within walking distance to SM Southmall are 68% higher in per-square-meter price than condominiums located farther away. South 2 Residences’ predecessor, South Residences has appreciated in value by 190% over the last five years. The launch price was P86,000 per square meter; the current market value is P163,000 per square meter. This translates to a gain of P77,000 per square meter.
With the re-opening of the economy, backed up by low interest rates and a Covid-19 vaccine soon to be available, investing in South 2 Residences is clearly one of the best decisions to make this brand new year. For more information on South 2 Residences, visit https://smdc.com/properties/south-2-residences/ or the showroom at the 2nd Floor, West Wing, SM Southmall, Las Piñas City.
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