Megaworld Makati Property Value Appreciation effective June 2015
Good news for Megaworld’s current investors and future investors, driven by the expansion of multinational companies, the continuous increase in number of the expatriate population and the growth of the BPO (Business Process Outsourcing) and offshoring industries in the city. Megaworld Makati will have another 2-3% property value price appreciation effective June 2015.
Makati is now home to 40% of the top 1000 multinational and local corporations, with over 60,000 retail and commercial establishments, 461 bank head offices, 86 embassies and consulates this were the main drivers for Makati CBD’s steady property value appreciation. According to CBRE; there is an annual appreciation rate, an average of 10-20%, investors enjoy the privilege for gaining profit for the value of money they invest on a regular basis. Megaworld has built a strong track record as one of the country’s largest developers for the past two decades, Makati is still the most preferred location for investment that has the highest property value that guarantees the highest return of investment, compared to other cities in Metro Manila like BGC and Quezon city.
To shed light with this issue, illustrated below is the sample price appreciation of my client’s unit that was bought last 2013 in Legaspi Village, near Greenbelt. A 2-Bedroom unit that time was worth P7,269,906 appreciated to P7,709,030 by March 2013, then P7,908,320 by June 2013 then P8,678,180 by September 2013 then P9,060,380 by January 2014 to P9,501,260 by September 2014 then P9,665,060 by November 2014. That’s about P2,395,154 worth of property value appreciation.
Investing in Makati provides two options for getting returns. Either by Profit or Income, the illustration above explains how to earn profit thru property value price appreciation, while renting out a unit will provide monthly income, rental rates in Makati is projected to reach up to P1,500 per sqm. By 2016, that’s aroung P45,000 to P50,000 a month for a 41 sqm studio unit.
Anyway, if you are an end user still Makati is very ideal due to its proximity to luxury and lifestyle Malls like, Greenbelt, Glorietta also whatever happens you are secured siince Makati Medical Center is one of the best healthcare institution in the country, Makati is also the melting pot of vibrant culture, art and music scene. The Makati Police and Fire departments have been tagged as the country’s best units in maintaining peace in order in the CBD. During weekends the parks in Makati transforms to the well-known Salcedo and Legaspi Market. For education, never stop learning with top schools such as; La Salle, Ateneo and Asian Institue of Management. Everything you need is with reach, providing an upscale address where the most affluent and successful people in the country reside, this facts could justify the saying that “Makati is Makati”.