Philippine Daily Inquirer
December 7, 2014
THE BAY CITY: A PRIME BUY FOR SERIOUS PROPERTY INVESTORS
Serious property investors who want to cash in on the Philippines’ strong economic performance should look at investing in the Bay City, the most ambitious tourism project that could potentially bring good returns to property buyers.
Covering 1,500 hectares of land across the cities of Manila, Pasay and Parañaque, the Bay City is envisioned to be the entertainment destination of Southeast Asia. It is also one of a few districts in Metro Manila which has land available for development on a large scale with room for growth over the next 5 to 10 years. This early, the area is bustling with life and activity even in the first few stages of its development. This should grow tremendously once construction is completed.
WORLD-CLASS ENTERTAINMENT COMPLEXES
As the country’s flagship entertainment project, Bay City boasts of infrastructure and amenities that will put it at par with Las Vegas, Macau, and Singapore. Once completed, Bay City will be home to 4 hotel casino resort complexes renowned for their expertise and their track record. The first is the $1.2 billion Solaire Resort and Casino which is now the favorite destination of casino players and those in search of good entertainment and dining options.
Before 2014 ends, the City of Dreams Manila, a $1.3 billion urban resort project by Melco Crown Resort Corporation and Henry Sy's Belle Corporation, will open its doors. Tapping the world-class brand of City of Dreams in Macau.
In 2016, Manila Bay Resorts, a $2 billion project by Tiger Resort, Leisure and Entertainment, Inc. will begin operations. Last but not the least, Bay City welcomes in 2018 the $1.1-billion Resorts World Bayshore by Travellers International, a partnership between Andrew Tan’s Alliance Global group, Inc. and Genting Hong Kong, Ltd.
ANCHOR LAND: BLAZING NEW TRAILS IN BAY CITY
Well poised to soar along with Bay City is Monarch Parksuites, one of the largest residential developments of Anchor Land to date. Monarch Parksuites is an 17-storey residential luxury condominium on an 18,000 square meter piece of property situated right at the doorstep of the Bay City entertainment enclaves.
AN INVESTOR'S DREAM
Since its launching, the property value of the project, along with its average rental income, has climbed steadily, and the trend is expected to continue. For unit owners who prefer to rent out their units, Anchor Land has a special group of client servicing experts under the Anchor 100 umbrella who are tasked to provide a wide array of services that enhance the value of their investments. For sure, Monarch Parksuites is at the right place at the right time. For those who recognize this, the upside potential is tremendous.