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Apr 15 19, 6:49 pm

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Property developers cash in on Dasmariñas

by | Finance, News

Apr. 15, 19 | 6:49 pm

From a small town, Dasmariñas, now a city has become among key players of Cavite’s economic growth. A total of 181 industrial establishments—which include export, logistics services, facilities and information technology—are located here, according to an Inquirer report.

Dasmariñas ranks third highest among the seven provincial districts in 2017. It also has eight economic zones and industrial estates, the highest among the four cities in Cavite.

The city is also Dubbed as Cavite’s “university capital,” with De La Salle University-Dasmariñas, De La Salle Medical and Health Sciences Institute, Emilio Aguinaldo College, National College of Science and Technology, Philippine Christian University-Dasmariñas and Technological University of the Philippines-Cavite having been established there.

And so property developers saw a huge potential in young consumers, by providing them with residences that would be conducive for learning, relaxation and unwinding.

Dasmariñas, located 30 km south of Metro Manila, is elevated, with its highest point at 250 meters, causing it to have a natural drainage system. It is also outside the typhoon belt and is far from any fault line.

In recent years, some of the developments that have been established in the city include:

• Green 2 Residences, part of the “University Town” developments of SM Development Corp., which comprises of three towers in a 1.6-ha property adjacent to schools and other high-foot-traffic establishments;
• Avida Residences and Avida Village Santa Cecilia of Avida Land Corp., both located on Molino-Paliparan Road;
• Camella Dasma at the Islands, a 5-ha upscale house and lot project in Paliparan II;
• Stateland’s (now owned by Megaworld) flagship project Washington Place on Aguinaldo Highway, which offers about 1,700 modern contemporary housing units, and its British-inspired 9.6-ha residential enclave, called Chester Place.

Ideal home

Green 2 Residences in particular, provides exactly what its residents, especially the students, need.

Strategically located in Dasmariñas, Cavite, Green 2 Residences is expected to provide an ideal home alternative to students and faculty members of three of the province’s most populous universities. With a combined population of more than 20,000 students, the booming “University Town” is also near a number of high-foot-traffic establishments like SM City Dasmariñas, Waltermart and Central Mall Dasmariñas, to name a few.

Green 2 Residences will house amenities like wi-fi ready study areas, a gym, lap pool, multi-purpose lawns, a function room, and lounges that would truly make the lives of its student residents a breeze.

The residential project also features a retail strip with shops that are targeted to provide all the necessary conveniences needed to help students achieve that perfect study-life balance.

In terms of access, those coming from Metro Manila or nearby provinces can easily travel to the area given the continuous outpour of infrastructure investments from the government. And, with the earmarked extension of the LRT line, travel to the area will become more convenient in the future.

Indeed, Green 2 Residences is ideal for both end-users and property investors looking for a good yield. University towns tend to attract transients among students and faculty members looking for spaces to rent for proximity and convenience.

Sources: cavite.gov.ph, stateland.com.ph, filinvestlegacy.com, avidaland.com, camella.com.ph, robinsonshomes.com, lamudi.com.ph and Inquirer Archives.

The longest-running, most trusted and biggest Philippine investment event in the Middle East region, Philippine Property and Investment Exhibition (PPIE), is back. It has helped thousands of OFWs own their very own home. Be part of PPIE 2019 on April 26-27 to reach your aspired home. Like @ppieuae on facebook to get tips and alerts on unbeatable deals.

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THE FILIPINO TIMES is the biggest and most trusted Filipino newspaper in the UAE.

It has a print run of 60,000 copies and 250,000 readership per week; bolstered by 1 million visitors to its website every month. It also has an e-newsletter sent to its 250,000 subscribers every day.

The Filipino Times is FREE and has the widest targeted circulation across the 7 emirates of the UAE.

With more than 2,500 strategic distribution spots, TFT is available where the Filipinos are - at Smart Bus Shelters, Metro Stations, restaurants, supermarkets, schools, airport lounges, Emirates and Etihad Philippine-bound flights, churches, Filipino community events and many more.

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