Seven Metro Manila Neighborhoods To Watch In 2016

Wazzup Pilipinas!

The Philippine economy’s continued rise is apparent in the real estate front, notably as evidenced by the condo projects, commercial centers, and office buildings that are being built one after the other in the Metro Manila area. While the business center of Makati and the always investment-worthy Bonifacio Global City will constantly remain hot commodities for both investors and end-users, there are a few areas within the metro that are looking just as promising in terms of offering real estate opportunities in the coming year. MyProperty.ph names the seven neighborhoods in Metro Manila that are sure to be on the list of those who are planning to move to a new home or considering buying a property as an investment in 2016.


Alabang, Muntinlupa

It’s hard to believe that Alabang was once just a farming district as it has one of the most thriving commercial centers in the metro, with the construction of Filinvest City and Alabang Commercial Center. An ideal place for young professionals, Alabang is close to the offices located at Madrigal Business Park and Filinvest City, while up-and-coming townships such as Alabang West and South Park District will establish the area as a legitimate real estate hotspot.

Accomplishments Of Presidential Candidates Related To Real Estate

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In anticipation of the 2016 national elections, real estate website Lamudi Philippines (www.lamudi.com.ph) enumerates the accomplishments of the five candidates for president—Mar Roxas III, Grace Poe-Llamanzares, Rodrigo Duterte, Jejomar Binay Jr., and Miriam Defensor Santiago—that have somehow affected the real estate industry.


Mar A. Roxas III

Former congressman and senator and 2010 vice-presidential candidate Mar A. Roxas may not have pushed pieces of legislation directly related to real estate, but he did author two that in way benefited the industry.

One is Republic Act 8748, which is an amendment to the Special Economic Zone Act. In this amendment, although establishments operating within these eco-zones are exempted from paying taxes, they are required to remit 5 percent of their gross income earned: 3 percent to the national government and 2 percent directly to the treasurer’s office of the city or municipality where the eco-zone is located.

In addition, this piece of legislation also called for providing for disturbance compensation for residents who were displaced or evicted to give way for the construction of these eco-zones.

Another important piece of legislation Roxas authored is Republic Act 8756, which calls for giving incentives to multinational companies who establish regional headquarters in the country. Among the incentives include issuance of multiple-entry visas to the foreign employees and immediate family members of said companies, a fixed withholding tax on compensation of 15 percent, and exemption on value-added tax, among others.

Miss Universe 2015: The Philippines Now Has Three Miss Universe Winners

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"The Miss Universe crown has been very elusive for the past 42 years and finally we really have it now in represent of Pia Alonzo Wurtzbach. Presenting to you the third Filipina to ever won Miss Universe. Indeed, We are Confidently beautiful with the heart." - Mark Joseph Abang Llido

"All I can say about the Steve Harvey fiasco in the Miss Universe event is... Wow! (In a positive way). The guy is totally a pro. As a speaker myself, the way he handled the situation was applaudable. He Kept his cool, manned up, owned the mistake, showed empathy, told the audience to blame him and not the two remaining contestants, and moved away from the spotlight. Everyone makes mistakes, but It's what you do with those mistakes that matter.: - Jayson Lo

"Miss Philippines could have laughed hysterically or stretched out her hands and shouted "Yes! Yes! Yes!!" or she could have grabbed the crown and said, "Akin yan!" But she waited patiently as the organizers tried to clear the confusion, and kept a respectful distance from Miss Colombia, and put her personal jubilation under control. Her grace and magnanimity in victory allowed her to feel complete sympathy for a humiliated colleague. Love it! Filipino virtue on full display for all the universe to see!" -Robby Tantingco