The country’s 68-million strong population of young adults is going to be a growth driver for the property market, according to major property consulting firm JLL Philippines.
Being a well-informed, digitally savvy, and highly-literate consumers, JLL Philippines believes the youth market composed of millennials, generations Y and Z are going to be a major source of growth for the Ready-for-Occupancy (RFO) condominium units. JLL Philippines adds this market will prefer projects close to Metro Manila’s business districts. Moreover, students who choose to study in the major cities have also been a growth driver as they opt to stay in the big cities so they can be near their respective schools’ campuses.
According to a blog post in https://www.vistaresidences.com.ph/blog/life-investments-for-young-adults-to-secure-for-a-better-future young professionals in the Philippines and many other countries prefer investing in real estate. Although investing in real estate is a huge undertaking, real estate is regarded as one of the best investment plans to have. “After all, why not buy the property if the cost of rent and a monthly mortgage is comparable? An important investment, owning a home should not be taken lightly,” the blog said.
Good choice for the RFO market
Vista Residences, a top-tier condominium builder of Vista Land & Lifescapes Inc., is well-positioned to be a leader in the RFO market having a diverse portfolio of RFO units that ensure privacy and feature cleverly planned interior layouts, good ventilation, and a meticulous attention to safety and security.
“All aspiring homeowners deserve the chance to live their best lives and those who earnestly seek it should be able to move in right away,” Teresa Tumbaga, Division Head of Vista Residences, declares. “This explains why we want to make it easy for them by offering flexible payment options.”
To reach out as much as possible to many buyers, Vista Residences has condominium projects in Quezon City, Mandaluyong, Pasig, Makati, and Taguig, as well as in university hubs like Katipunan and the Manila U-Belt, putting homeowners at the heart of the action. Tumbaga also points out tghat potential condo investors may likewise consider Vista’s proximity to government infrastructure projects that are nearing completion—and their impact on land and property values.
To sweeten the pot, Vista Residences is offering attractive discounts to prospective buyers of its Ready-for-Occupancy (RFO) properties in Quezon City and Cagayan De Oro. Tumbaga assures the payment promos will entice investors to seal the deal so they can move straight to their brand-new homes once the paperwork is done.
Those who opt for a one-time cash payment will enjoy a hefty 15 percent discount—a big step towards much-coveted homeownership. Vista Residences likewise offers a 10 percent discount with a down payment spread over 4 months or an alternative 4 percent discount option with a 3-month down payment plan.
Meanwhile, those who are eyeing Vista’s properties in Mandaluyong, Pasig, Makati, Taguig, and the University Series can look forward to the same three- and four-month payment plans, while spot-cash buyers will be offered a 12 percent discount. These payment schemes will be available until the end of September 2023.
Current Vista condo owners also speak of the manifold advantages future residents will enjoy: a competent property management team; enhanced security measures; walkable paths and landscaped spaces; and upscale amenities such as swimming pools, fitness centers, children’s play areas, and clubhouses for weekend or holiday celebrations.
“We don’t just build condo homes and sell them,” Tumbaga asserts. “Vista Residences is committed to providing exceptional customer service and experience, a mandate that firmly establishes it as a reputable player in the high-rise property sector.”
