For any person who wants to make a sound investment in this post-pandemic world, there is a great deal of caution. After last year’s global economic downturn, people have been guarded when it comes to investing their hard earned money.
When it comes to real estate, it only makes sense that people who want to invest in real estate want some assurance that they are making a sound investment. That’s what Glam Residences from SM Development Corporation (SMDC) can offer.
In a report prepared by the Metro Manila Development Authority (MMDA) called “The Metro Manila Greenprint 2030: Building a Vision,” it cited a goal to help the country leverage investment in positive gains that revolved around connectivity. “Build on the potential of Metro Manila’s multicenter spatial structure to be green and time-saving by improving the connection between and within city centers and by selectively identifying new city centers that Metro Manila integrates with its suburban hinterland,” the report said.
SMDC’s Glam Residences is located right next to Quezon City’s rising CBD – Triangle Park – and is close to all commercial activities in northern Metro Manila and offers the critical connection, as the report says. This integrated development location is home to office towers, shopping malls, hotels, famous medical centers, many parks and strategic transportation hubs that provide easy access to vital points in Metro Manila.
The importance of transport hubs in relation to properties has been further validated by a study by the Asian Development Bank (ADB) in 2019, which shows that housing packages within 1 km from the MRT 3 line are valued at 223%, 20 years from the start construction of the MRT 3 line.
The same MRT 3 line, with a station a few steps away from Glam Residences, has just increased its number of service trains from 15 to 21, while doubling the speed of these trains from 30 to 60 kilometers per hour. It is expected that this will improve the latency between trains from the current speed of seven to ten minutes and go all the way down to just 3.5 minutes.
One of the principles of the MMDA report was to focus future large investments in mass transit (eg MRT and LRT) and real estate around existing urban nodes. Another of these principles was to enable mixed use in the middle of these hubs to promote public transport by minimizing the need for long non-commuting trips to shopping, entertainment, schooling, etc. It goes without saying that SMDC’s Glam Residences live up to these principles.
Glam Residences will also be just one station away from the United Grand Central Station, connecting the MRT 3, MRT 7, LRT 1 and Metro Manila metro lines. This will facilitate access to other CBDs, schools and entertainment districts across the metro and to regional and global gateways such as Ninoy Aquino International Airport and Bulacan and Clark International Airports.
Aside from its impeccable location, SMDC’s Glam Residences is an exclusive vertical community that matches the cosmopolitan lifestyle of working for millennia. With carefully designed amenities including a swimming pool, jacuzzi and rooftop terrace and bar, millennials can return home to a rewarding respite after the hectic weekdays. Other benefits include an indoor gym, children’s playground, function rooms and the development’s very own shopping center on the ground floor.
With the location and facilities combined and its immediate access to major transport hubs, SMDC’s Glam Residences is certainly a good investment opportunity today and in the years to come.
For more information on SMDC Glam Residences, visit https://smdc.com/properties/glam-residences/glam-residences/.
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