Calabarzon, next crown jewel in PH real estate? Traffic, high prices - News Summed Up

Calabarzon, next crown jewel in PH real estate? Traffic, high prices


With its high level of urbanization and its consolidated location, many seek to live and invest in the metro. But the siren call to leave the big city beckons more stridently each day, what with the worsening vehicle gridlocks, and soaring real estate prices. One popular urban-rural fringe area is Calabarzon —comprising the provinces of Cavite, Laguna, Batangas, Rizal and Quezon. It boasts the country’s second largest gross regional product at P1.644 trillion and a buoyant real estate market. Industrial estates on the moveOccupancy rates for industrial estates are also evidence of the increasing interest in areas outside Metro Manila.


Source: The Standard August 20, 2016 12:56 UTC



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