Filipinos can finally say, “I took the subway.” Not just that. This railway will be a total of 36 kilometers which links Ugong Valenzuela to Ninoy International Airport (NAIA) Terminal 3. Around P51 billion loan deal was signed by Philippine Officials in 2018. The first phase of the deal is financed by Japan International Cooperation Committee (JICA).
This subway aims to cater to up to 370,000 passengers per day on its first year of operation but would cater to approximately 1.5M passengers on its completion. The first stations that will be operational are the East Valenzuela, Quirino Highway, Tandang Sora Avenue, and North Avenue. Metro Manila Subway will be fully operational with a total of 17 stations by the end of 2027 connecting the cities of Taguig, Pasig, Makati, Paranaque, and Pasay.
Would people be encouraged to live in nearby provinces instead of flocking in the Metro?
Yes, it should. The Metro Manila Subway will be connected to PNR Clark and PNR Calamba. This will give people the option to travel only to the Metro when they need to. At the same time, it decongests the population in the area and helps the nearby provinces, especially, Laguna, Cavite, Bulacan, and Pampanga to attract more investors of their own.
How safe is this subway?
Metro Manila Subway has disaster-resilient features for the usual typhoons and earthquakes—it has water-stop panels and doors matched with its high-level entrance to prevent flooding and even earthquake detection. One safe strategy that has been done by the government was to partner with Japanese companies to provide the country with cutting-edge technology in the production of tunnel boring machines.
What does this infrastructure mean to Real Estate?
This improves people’s quality of life by targeting one huge problem, heavy traffic. Metro Manila and nearby provinces shall be more progressive with the help of this project. Passengers who can take the subway can save time and money to be invested in other important things like time for family and self. The subway has a maximum operational speed of 80 km/H.
This would further attract businesspeople, investors, and home-seekers to purchase a Condo in Manila. The dense population in the area attracts businesses, while the life of convenience is the most attractive for, business owners, people looking for retirement homes, and even millennials who are educated to invest in convenience to match their hard work.
A wise way to invest is to choose Vista Recto, Plumeria, Tennyson, Bradbury Heights, Sky Arts Manila, and Kizuna Heights since these condominium projects by Vista Residences. In time for the best infrastructures to rise, the investment would yield higher returns. On a hopeful note, everything will entirely be back to normal.
Why Metro Manila, and what does this mean for every Filipino?
Tourism is among the features of the Philippines that make its economy afloat. Travel restrictions are still implemented, but this infrastructure will be in time for the Philippines’ opening from International Travellers. Manila is still the center of trade for multinational companies, and the importance of clearing the rivers for improved passage of goods and adding such huge infrastructure to lessen the travel time of Filipinos and tourists will gain the country huge traction.
Complaints of foreigners when it comes to traffic will be lessened—convenience attracts visitors, increases business revenue in areas that are hardly visited in the past, and the most important of all, the time value of money amongst Filipinos is increased. It becomes easier for employees to agree to a job knowing that travel time will be less than before.
The government’s “Build, Build, Build” program at the moment, put Filipinos indebted for decades, but returns on investment are expected. The Metro Manila Subway was a dream since 1973 until this was finally made real in 2019, hopes are higher in the next coming years despite all the challenges Filipinos have been enduring.
The hard work and patience of Filipinos shall continue to be valued by the government and the private business sectors. Vista Residences among the best partners in Real Estate Investing already has ready-for occupancy condos ready for the near future’s revenues. Whilst the subway improves Filipinos’ lives, one must get a piece of the pie by wisely investing in a tangible, long-term investment which is real estate.
Imagine this, the condo one has purchased years ago is listed on Airbnb because of its hotel-like features for convenience, and relaxing ambiance. Money is received online, people who manage the property are one call away. Better yet, imagine this… one of the condos by Vista Residences was purchased by a person who feels weary about having to employ people remotely because he or she prefers to live in suburban or rural areas, or abroad. Luckily, Vista also has its Leasing Team to partner with offshore investors like foreigners or OFWs. People invest, Vista manages the property and takes care of the manpower demand.
These are all promising, and practical. Luckily, the company already has a good track record in the real estate industry. Vista does not need much effort to convince investors to choose them. The company exists to help Filipinos take good care of their hard-earned money by keeping their futures safe and wealthy. This real estate company creates a way for parents to ensure bright tomorrow for their children, it allows people to be financially independent, it keeps family and other relationships thriving, and allows high-income earners to build and keep their money moving for them. It’s important to keep in touch with the best Real Estate Agents.
Just like any investment, it is important to start young while one’s working capacity is at its peak. Seeing portfolio grow is more satisfying than feeling burned out with work without seeing something tangible to hope for. No one is coming to help when finances fail to.
If you are thinking of moving into a new condominium, check out Vista Residences!
Vista Residences is the condominium arm of the country’s largest homebuilder, Vista Land & Lifescapes, Inc. that offers ready for occupancy and pre-selling condominium projects in Manila, Makati, Mandaluyong, Quezon City, Ortigas, Baguio, Cebu, and CDO that are strategically located within major cities, in close proximity to premium universities, transit-oriented locations, and developed business districts.
For more information on Vista Residences, email [email protected], follow @VistaResidencesOfficial on Facebook, Twitter, Instagram, and YouTube, or call the Marketing Office at 0999 886 4262 / 0917 582 5167.
