Mandaluyong City, is commonly known as the “New Tiger City of Metro Manila.” Aside from the city having a defining feature of its urban identity from all the multinational corporations located around Mandaluyong, such as Globe Telecom, San Miguel Corporation, and Unilab, a guide to Mandaluyong would not be complete without covering the city’s well-known malls. The Ortigas Center’s EDSA Shangri-La and SM Megamall are just a few among the best shopping malls in the entire nation, and they have long been part of the Mandaluyong life, even earning the moniker “yuppie hotspots.”
Another notable feature of the Mandaluyong lifestyle is real estate—condo living, to be specific. If you’re searching for a condo in the city, Makati, Ortigas, and Bonifacio Global City in Taguig may be one of the first on your list as the best areas to look for, but another city is developing a name for itself for the hot new listings, and you guessed it right: Mandaluyong City! Here, you get to experience what it’s like to reside close to other top economic hubs like Makati, Taguig, Manila, and Quezon City. Navigating Metro Manila can be made much simpler by the abundance of roads and transportation alternatives, particularly EDSA and Ortigas Avenue.
Buying or investing in a condo in Mandaluyong could probably be one of the best decisions you can make if you’re seeking to make it big in the metro. Here are a few reasons why you should invest in a condo in Mandaluyong City.
Easy Accessibility to Places of Interest
Since Mandaluyong is in the heart of Metro Manila, it can pretty much access most of the place as far as location is concerned.
If you invest in a condo in Mandaluyong, there are a number of malls, eateries, and other big attractions in Mandaluyong that you might want (and can!) visit during your free days. Another best thing about investing in the condos here is that you can use them as landmarks for navigating the city and the metro, which is useful if you’re trying to book transportation or plan your route. To put it simply, living in Mandaluyong means being only a short distance from your desired destination.
Dynamic Business Hub with Bustling Economy
This city is a business district in and of itself, in addition to being in the hub of the bustling artery that is EDSA. Despite having a small land mass, the city has a thriving economy to be proud of because it is home to a significant business center where people come from all around to gather. Living in Mandaluyong enables one to be sufficiently close to the core business districts without having to pay an exorbitant amount for housing. For instance, the Makati Business District, Bonifacio Global City in Taguig, and Eastwood City in Quezon City can all be reached quickly from Mandaluyong.
With this in mind, purchasing or investing in property in this city will allow you to benefit from its continuing development, and you can even enjoy the increase in the value of your property.
If you’re planning to invest in a condo in Mandaluyong, one of the ideal places to live is the Vista Shaw by Vista Residences. Vista Shaw is a two-tower, 38-story property situated in a quiet, green, and tree-lined area of Shaw Boulevard. It provides various good amenities like 24-hour security, a fitness and wellness gym, a swimming pool, and a function room. It is also gifted by the beautiful view of the Wack Wack Golf Course, the oldest course in the nation and one of the best in the world.
Increase in Rental Demand
The current high demand for rental properties is one of the reasons why you might wish to invest in real estate. This occurrence applies to Mandaluyong City.
As said before, investing in a condo unit will help you enjoy the increase in its value over time. Additionally, condos in Mandaluyong are a good investment as they benefited from the consistent growth in demand throughout time. Research says that Condominium leads in Lamudi increased by 28.85 percent between the second half of 2017 and the same time in 2018 and by another 17.91 percent in the second half of 2019. In comparison to the 2nd half of 2019, the leads for condominiums for sale increased by 5.06 percent in the second half of 2020.
Additional sources of income are among the most crucial things for a young professional to think about. Purchasing a Mandaluyong condo for sale is still a very advantageous choice if you decide to stay in the nest for a while. If you don’t see yourself leaving your house any time soon, you can still buy a condo and rent it out to anyone who is interested, turning it into an asset that generates income. It’s hardly surprising that many people are looking for rental properties in the city’s important business center. Many of the local professionals can be your tenants if you purchase a Mandaluyong condo and turn it into a rental property. Given that there are property managers who can aid you with this and real estate agents who can assist you in finding potential tenants, it’s pretty simple to maintain.
Manage Costs and Easier Upkeep
When you buy a house, aside from needing to pay for maintaining certain aspects of your property, you also have to pay estate taxes and subdivision fees. In addition to electricity expenditures, there are other expenses associated with home ownership. Owning a condo, however, has fewer maintenance requirements than owning a house and lot. Condominium units are typically exempt from the standard requirement that you pay for the land in order to possess it. Getting a condo entails you being accountable for the maintenance of your unit, unlike when you purchase a full house. When you buy a condo, you won’t even bother about the features and amenities, like access to the pool or the gym.
To put it simply, a condo’s upkeep is more manageable.
A Safe and Secure Environment
The city of Mandaluyong is comparatively safe.
Investing in a condo entails that the property you receive already has certain beneficial security features in place. According to a report from the Philippine National Police, the city has a high rate of crime response effectiveness and a relatively quiet population. The fact that it doesn’t have as high of a crime rate as other cities in the metro is an appealing aspect to many, including you and your potential buyers or tenants. Additionally, there are several well-lit locations that could help you ease your worry when it concerns safety at night.
Mandaluyong City: An Area for Good Investments
It is no secret to everyone that Mandaluyong City has developed into one of the country’s most progressive economic centers. It should also come as no surprise that the Tiger City of the Philippines is popular as a residential destination. Clearly, we can understand why the city is undoubtedly the best place for ambitious and motivated young professionals who want to work.
Condos in Mandaluyong City should be included in your lists of wise investments for a variety of good reasons. This place supports every aspect of our lifestyle—profitability, strategic location, fitness and health, career, to even shopping sprees. With prior research and careful considerations, you won’t regret buying and investing in a unit from this city.
Condos in Mandaluyong are surely set as, if not the best, one of essential investments one can have in the city.
If you are thinking of moving into a new condominium in Mandaluyong City, check out Vista Shaw!
For more information on Vista Residences, email info@vistaresidences.com.ph, follow @VistaResidencesOfficial on Facebook, Twitter, Instagram, and YouTube, or call the Marketing Office at 0999 886 4262 / 0917 582 5167.
