The stage is set for a strong property appreciation in North Caloocan, Novalic, all the way to San Jose del Monte in Bulacan with Subway 7 completed by the end of the year, according to executives Leechiu Property Consultants (LPC).
“The 24.7 kilometer rail and road project starting from North Avenue in Quezon City will unlock the potential for tracts of land along the route as it becomes more accessible from metropolitan Manila business districts and other workplaces,” said Alvin Magatt, LPC Director of Sales investment. MRT 7, a San Miguel Corp project, will connect to LRT 1 and MRT 3.
It now takes up to three hours to get from these areas to Makati, Magat said, who noted that if you “take MRT 7, call MRT 3 to Makati or LRT 1 to Manila from the north, and travel time to the areas The commercial along route will be cut to less than an hour. This development will tempt middle managers, employees and their families to abandon the busiest and most expensive condominiums in Metro Manila for attractive, more spacious, planned neighborhoods to the north.”
In anticipation of the completion of this ambitious railway project, major developers including Ayala Land, Araneta Group, SM Development Corp and Vista Land have purchased properties along the MRT route 7 and its 14 stations. They anticipate that just as infrastructure such as the South Luzon Expressway, Skyway and their extension projects have been preparing for affordable housing projects in Cavite and Laguna, MRT 7 will do the same in northern Mega Manila.
And as usual, those who will be rewarded are those who buy their way before the rest, according to Magat.
“Regardless of the economic situation, real estate in strategic locations will always be a great investment,” he added.
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from San Jose News Bulletin https://sjnewsbulletin.com/north-caloocan-novaliches-and-bulacan-are-set-for-strong-estate-appreciation/
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