The Hermosa by Vista Land enjoying brisk take-up sales
December 21, 2020
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Property development has been a key driver of Philippines’ economic growth in the last decade. Despite the economic slowdown brought by the pandemic, the country’s real estate industry remains resilient and is a bright spot in the market today as it enjoys brisk take-up sales. The Philippine Daily Inquirer cites that ‘property development continues to be a strategic investment at all economic levels of the society. Moreover, Metro Manila is forecasted to still hover as a prime residential market along with the trend of co-living urban spaces.
A valuable market product with continuous sold out phases
True to its words, The Hermosa developed by Vista Land in Las Piñas City, which was officially opened to the public and tagged as a condo for sale last 2018, continues its track record for brisk reservation sales take-up. The said residential development was featured by international industry analyst–Colliers International among the notable project launches in its 3Q 2019 Property Market briefing. The primary reason behind the title is that The Hermosa continues to appreciate in value and in the market due to the forthcoming infrastructure developments that are eyed by investors who pushed their vision forward by attaining condo units for sale in the said vertical residential project. Today, The Hermosa’s first phase, composed of three buildings, is on its way to being sold completely with few condo units remaining in its third tower. On the other hand, the second phase’s first building Luarca (that offers 1BR and 2BR units) has already been sold out. Now available to investors are the Studio units in the second phase’s Las Palmas building.
Accelerated Capital Value Appreciation
Looking at its track record for capital value appreciation, The Hermosa’s investors are enjoying the brisk take-up sales and accelerated rise in value from PHP 2.3 million in 2018 to PHP 5.6 million today. This impressive investment performance depicts how The Hermosa and its condos for sale maintain its desirability in the market all throughout the years despite the drastic changes caused by the ongoing COVID pandemic.
There are several good reasons a residential project heightens its value. The Hermosa situated in the southern fringes of Metro Manila which currently offers condos for sale, caters to the need of working in prime cities like Makati and Bonifacio Global City (BGC) while enjoying the modern, exclusive and serene life in the South. Further catalyzing the progress in The Hermosa’s vicinity are the infrastructure developments that are rising in line with the Build! Build! Build! program of the national government. Among the key projects are the LRT 1 extension (Las Pinas Station), C5-Extension, NAIA Expressway (NAIAX), Las Piñas River Drive, and the C5 Southlink which is a short drive away from condo units of The Hermosa.
Upcoming Vista City Global South Township
Similar to the Vista Township Evia Lifestyle in Alabang, residents of condos for sale in the Hermosa will enjoy the convenience and luxurious lifestyle brought by the Vista City Global South.
Meanwhile, Vista Land is also on its way to cultivating a new integrated and masterplanned township development where The Hermosa is planted. The said 100-hectare development holds several notable establishments like The Tent, Vista City Global South Mall, Mella Hotel, San Ezekiel Church, AllHome, BPOs and offices buildings, and entertainment hubs. This is in sync with the need for easy access to essential goods and services of residential homeowners in condos for sale in the midst of the new normal. The 2020 Second Quarter Residential Report of Colliers articulated the rise and demand of masterplanned township developments to accommodate the essential needs brought about by the pandemic.
One good reason why investors are also eager to attain condos for sale in The Hermosa is its close proximity to universities and colleges in the Metro. The said condominium is established in a strategic location where access to universities and colleges is easy and comfortable. These universities and colleges are Southville International School and Colleges, University of Perpetual Help Dalta Las Pinas Campus, PATTS, Philippine Merchant Marine School, and others.
While there are several condo developments budding around South, The Hermosa maintains its edge and prominence with brisk take-up sales for the following reasons: upcoming real estate and infrastructure developments, strategic location, and the upgraded lifestyle experience it embodies. The Hermosa is established as a development that hands you a modern, premium, and upgraded lifestyle with the convenience of being in close proximity to NAIA, MOA, and other forthcoming infrastructures.
Explore The Hermosa and know more about condos for sale by inquiring here.