Twin Lakes Tagaytay Opens New Bike Trail

If you’re a biking enthusiast, you’d probably be pleased to know that Megaworld Corporation has opened a brand new mountain bike trail over at their Twin Lakes property along the Tagaytay-Nasugbu Road in nearby Laurel, Batangas.

Twin Lakes Mountain Bike Trail 02

This weekend, take your bikes out to Twin Lakes Tagaytay and enjoy the brand new Mountain Bike Trail winding throughout the property in Laurel, Batangas.

Located past Splendido Taal, and the road leading to Sonya’s Secret Garden, Twin Lakes Tagaytay is a 1,000+ hectare property of rolling terrain inspired by the well-known vineyards of Languedoc-Roussilon, Bordeaux and Provence in France.

Breathtaking View of Crosswinds Tagaytay

@Bebebubush was getting ready for just another client meeting when she took this photo of @crosswindsresortsuites. “That moment when you’re preparing for an investment presentation, and you’re the one who’s getting sold by the project.” #ViewOfTheDay #CrosswindsTagaytay #TagaytayRealEstate #RealEstatePH #TagaytayLiving

@Bebebubush was getting ready for just another client meeting when she took this photo of @crosswindsresortsuites. "That moment when you're preparing for an investment presentation, and you're the one who's getting sold by the project." #ViewOfTheDay #CrosswindsTagaytay #TagaytayRealEstate #RealEstatePH #TagaytayLiving

The best of Metro Tagaytay lifestyle and business is on TagaytayLiving.com. Image taken directly from the TagaytayLiving.com account on Instagram. Visit Tagaytay Living on Instagram to know where to eat, where to stay, and what to do in Metro Tagaytay.

Country Townhouse Units available at Tagaytay Hampton Villas | Photo by Welmanville Development Corporation | www.tagaytayliving.com

Country Townhouse Units For Sale at Tagaytay Hampton Villas

If you’re looking to own a country townhouse somewhere in the neighborhood of Metro Tagaytay, but wouldn’t want to be in the busier parts of the city, then you might want to have a look at the units over at Tagaytay Hampton Villas.

Exterior shots of the country townhouse units at Tagaytay Hampton Villas.

Exterior shots of the country townhouse units at Tagaytay Hampton Villas.

Conveniently located just a 5-minute walk from Picnic Grove, the Tagaytay Hampton Villas is an ideal country home with all the fresh air and cool weather that comes from living in Metro Tagaytay, as well as the conveniences of modern living just close by– shopping outlets, restaurants with all sorts of cuisines, spas and recreational centers, and other tourist attractions.

Property Sector Drawing Keen Interest of Retirement Haven Seekers

Metro Tagaytay is one of the country’s leading retirement destinations, according to commercial real estate consultancy firm Jones Lang LaSalle (JLL), and real estate companies are about to cash in on this opportunity.

Tagaytay Living 03 960x345pxReal estate companies in the Philippines may find growth opportunities in the tourism market, as the country becomes a haven for foreign retirees, a consultancy firm said on Thursday.

“As the ageing population increases, the need for specialization on the segment also intensifies,” Jones Lang LaSalle regional director Lindsay Orr said during the company’s Midyear Market Report.

The number of older people in less developed countries is expected to increase 140 percent between 2006 and 2030, compared with the 51 percent increase forecast in developed countries.

The low cost of living, tropical climate, natural attractions, expatriate-friendly destinations, English-speaking environment and special resident retiree’s visa provision in the Philippines make the country a favored retirement destination for foreigners, said Orr.

JLL listed Baguio, Cebu, Davao, Subic, Tagaytay, Dumaguete and Clark as the leading retirement destinations in the country. In Metro Manila, Makati is said to be the first choice of foreign retirees.

(Reported by Keith Richard D. Mariano for GMA News)

Growth Continues in the Philippine Real Estate Sector

It would seem that the local real estate industry is still picking up, and you can see developers putting up all sorts of projects, addressing the needs of just about every single market imaginable.  Article by Rizal Raoul Reyes for Business Mirror.

With a remarkable economic growth rate of 6.1 percent, vigorous service and surging foreign investments, the country’s property sector is slated to have another growth year in 2015, according to real-estate services agency KMC MAG Group.

“We expect the property markets to remain active throughout the year,” shared KMC MAG Group Managing Director Michael McCullough in a recent media briefing held in Makati City. “There are a lot of reasons for this optimism, chief among them low interest rates, quantitative easing from the central bank and positive feedback from investors. These factors have helped create a favorable climate for both local and foreign businesses.”

McCullough noted that the emergence of townships across various cities resulted in the creation of pockets of growth and development in Metro Manila. He said property titans, such as Andrew Tan-led Megaworld, the Sy clan’s SM, and the Zobel-headed Ayala, are focusing on township projects, with Megaworld turning its attention to McKinley West and Uptown Bonifacio, while SM is working on reclaiming more land and expanding the Mall of Asia complex, and Ayala developing the Arca South (Taguig), Makati Circuit (Makati) and Vertis North (Quezon City) townships. Moreover, developer Vista Land of former Sen. Manuel Villar has also started to build townships.

The completion to develop townships led to the pouring of gargantuan amounts expected to breach the P300-billion mark this year, covering land acquisitions, ongoing projects and launches.

“The township concept also provides a way for developers to be part of the solution to the congestion in Metro Manila,” McCullough said. “With developers taking the critical first step and building in other areas within and outside of the Metro—they’re creating new microdistricts and encouraging more Filipinos to live, work and play closer to home. We hope that this will help reduce congestion and make Metro Manila more livable.”

The outsourcing industry will continue to boost the demand for the office market, which has encouraged developers to launch new developments across Metro Manila. In 2015 alone, he said, approximately 560,000 square meters (sq m) of new office space are expected to be built across the major central business districts, with nearly half of the supply located in BGC.

“The expansion of business-process outsourcing [BPO] to new wave cities and the economic growth in major cities, such as Cebu and Davao, have spurred developers into pursuing more projects outside of Metro Manila,” McCullough said.

He said the office supply is also set to increase in Alabang, Ortigas and in the bay area, with the additions of the Alabang Town Center BPO Building, Vector Three, the BDO Corporate Center and Five E-com. Meanwhile, Quezon City will have to wait until 2016 for new office supply.

The retail sector also enjoys the advantage of having lower rates than Hong Kong, Singapore, Australia, Japan, Malaysia, Indonesia and Vietnam. “At $49.1 per sq m, the monthly prime mall-rental rate in Manila remains as the lowest in the region, less than its counterparts Ho Chi Minh City, Hanoi, Jakarta and Kuala Lumpur. The Philippines should be taking advantage of that,” McCullough noted.

On the other hand, McCullough recommended the strengthening infrastructure and relaxing foreign-ownership rules to attract more investments and fully maximize its positive momentum. “We need to make it easier for potential investors to come in and see what we have to offer.”

“If the Philippines invests in connectivity throughout Luzon, the Visayas and Mindanao, and supports this with good governance, sound macroeconomic policies and more liberal foreign-ownership rules, then it stands a good chance of becoming an economic powerhouse in Southeast Asia.”

Read the original article, “PHL real-estate sector continues to grow”, and others like this on Business Mirror.