MANILA, Philippines – With land in the Makati Central Business District becoming more scarce and expensive to acquire came the development and attractiveness of the now quintessential Chino Roces Avenue. A distinctive and eclectic lifestyle strip that’s no less coveted, Chino Roces presents a unique spin to Makati living. To own a Chino Roces address not only means to have access to a multitude of specialty shops, hip bars and restaurants, and well-designed art galleries and event spaces, but to be granted the same way of life as the prestigious individuals in neighboring areas such as Legazpi Village.
Ever-committed to democratizing homeownership and making the luxurious attainable, SM Development Corporation (SMDC) provides an opportunity for more Filipinos to live and invest in a Makati address with Red Residences. Let’s take a look at why this master-planned, high-rise development is your most astute investment decision just yet.
Primest of the prime
When buying property, smart investors look at various considerations such as a prime location, connectivity, and solid growth potential that will drive property appreciation — elements that Red Residences possesses. Not only is it steps away from the Philippines’ premier central business district home to the most prestigious companies and the most dynamic global capitals. The very fact that Red Residences sits in Makati in such a tasteful lifestyle hub like Chino Roces is sure to lock in capital appreciation for you.
In fact, land prices have been steadily increasing in Makati, soaring 132% from 2010 to 2018. In 2019, the prices of condominiums in the CBD jumped by 9.43% and continued to climb despite the pandemic. With the economy steadily regaining vigor, this growth is expected to gain momentum, and will definitely lead to greater returns for those who decide to invest now.
Infrastructure boom enhancing property values
Red Residences’ location puts it in a unique position to benefit from all the ongoing infrastructure projects around it that will definitely drive up property values, translating to real gains for investors. Chief of these is the Comprehensive Land Use Zoning program of Makati, which aims to expand the Central Business District to include Chino Roces Avenue, where Red Residences is located. Further enhancing property values are the landmark infrastructure projects that will soon come on stream, including the Makati City Subway system, the North-South Railway Project, and Skyway Stage 3.
24/7 convenience and luxury
For professionals and individuals who are go-getters, Red Residences’ unique conveniences and offerings that are especially useful to stay on top of one’s game. Its central location means always being close to the action, and 24/7 access to essential needs. Chino Roces is also a bustling community in itself dotted with plenty of restaurants and artisanal food finds like The Artisan Cellar Door, art galleries such as Vinyl on Vinyl and Leon Gallery, and notable bars and restaurants including Toyo Eatery and M Dining + Bar M.
An urban retreat and a productivity hub in one
With landscaped gardens to bring nature indoors and provide an air of freshness, Red Residences is where one can retreat in comfort at the end of the day in three activity zones. Recharge at the Fuel Hub, with its fitness station, fitness pool, and playground.
The property also boasts of productivity-encouraging features. Connect at the Power Deck with its social halls and collab corner. Then, create at the Focus Zone with its thinking lounge, reflective garden, and jogging trail.
With the economy beginning to gain steam, the time to invest in property is now. Red Residences offers investors a rare chance to own a Makati property that is well-positioned to grow in value.
For forward-looking individuals who want a valuable address and the promise of capital appreciation in a global city, Red Residences in Makati offers an opportunity that should not be missed.
To learn more about SMDC’s Red Residences, follow SMDC on Facebook, Instagram, YouTube, Twitter, and Tiktok, or visit the SMDC website.