Artist’s perspective of Mi Casa in Metro Park, Manila Bay Area
Federal Land, Inc., a real estate corporation, is on track to meet its 2022 goals with new properties that are expected to boost socioeconomic activity in Marikina, Manila, and the Manila Bay Area in Pasay City. “We believe the sector will enjoy a big recovery this year.” This is why we continue to aggressively introduce new properties in key metro areas. As more people return to their normal habits, Federal Land, Inc. sales group director Margarita Saenz-Resurreccion said, “we will give them with living options that will match their demands and answer to their demand for a holistic, sustainable lifestyle.”
This position supports the findings of the recently released Colliers Property Market Report, which listed “improvement in consumer and business confidence” as among the key market enablers for the sector.
The report, released on February 9, mentioned the overall Metro Manila vacancy rate is expected to go down to 16.2% by the end of 2022, from 17.9% in 2021. “This points out to a healthy supply pipeline,” it said.
Colliers also sees gradual recovery in rents and prices and expects an increase of 1.7% and 1.5%, respectively, as demand grows. It also cited data from the BSP’s latest Residential Real Estate Price Index (RREPI) report showing nationwide home prices increased by 6.3% YOY in Q3 2021 due to stronger consumer demand for residential property.
The group also encouraged residential developers to “continue lining up projects, both condominium and house & lots, in line with the anticipated recovery of the economy and as more professionals return to traditional offices located in central business districts.”
New developments
Actual photo of Siena Residences along Sumulong Highway, Marikina City
Federal Land is set to launch new residential towers in Marikina with Siena Towers, Manila with Quantum Residences, and in the Manila Bay Area with Mi Casa.
“All these developments are strategically located in areas with various commercial and lifestyle choices, with nearby schools, hospitals, and major thoroughfares. They feature a wide range of amenities and access to the outdoor space that allow residents to lead an active, well-balanced life,” Resurreccion said.
Located along Sumulong Highway in Marikina City, Siena Towers is a modern take on the town of Siena, Italy, where rural charm and progress abound. It is an ideal option for those looking for an upgraded suburban living and access to modern conveniences at a reasonable price.
Artist’s perspective of Quantum Residences along Taft Avenue, Pasay City
For its latest residential property in Taft Avenue, Manila, Federal Land’s Quantum Residences is among the company’s real estate developments that are seeing high demand from property buyers, both here and abroad.
The three-tower mixed-use condominium is designed to fit the modern lifestyle. It is fiber optic ready, so everyone in the family is assured of fast and reliable connectivity for work, learning, and entertainment.
Mi Casa, on the other hand, is an upcoming vertical apartment intended for contemporary Filipino living within the Central Business Park island of the Manila Bay Area. It’s a tropical-inspired home in the heart of a bustling city that’s perfect for professionals and business owners who lead fast-paced lives but want to come home to a calmer environment where they can relax and unwind. Resurreccion said, “Overall, these properties are fantastic investment possibilities for anyone searching for a place to live, rent out, sell, or unwind.”
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