For the longest time, Metro Manila has been the most prized location for real estate investments. Even a small, studio-type condo in Taguig or Makati generates huge returns. Plus, you will never have to worry about the market because there’s always a buyer or renter who’s willing to pay. But with the coronavirus crisis, things are changing.

Based on Lamudi’s data, there’s been a strong, brewing interest in locations outside the metro for the past months, since the community quarantine started. While the capital region remains to be in demand, a lot of provinces are getting a share in the real estate market’s attention. Ultimately, this should compel investors to look beyond Metro Manila.

To borrow what everyone has been throwing a lot lately, you need to embrace the new normal in property investment. That is, consider pursuing rental properties in these provincial hotspots, which, combined with Metro Manila, received over 80 percent of inquiries on the Lamudi platform from February to April 2020:

Batangas

Recognized as the National Winner of the Component Cities Category in the 2018 Local Legislative Award, Batangas has seen a strong local administration in the last few years, which helped create an environment conducive for better economic development. The province accommodates various residential communities ideal for investment, such as AboitizLand’s The Villages at Lipa.

Infrastructure to rise in this province:

• North-South Railway Project – South Line (Long Haul Line Branch)

The Villages at Lipa offers homes that open to greenbelts.

Cebu

The Queen Region of the South reigns in real estate opportunities, especially because its capital has maintained its status as one of the richest cities in the country. In terms of house and lot investments, you can check out the units at Aboitizland’s Almiya in Mandaue.

Infrastructures to rise in this province:

• Metro Cebu Expressway
• 4th Mandaue-Mactan Link Bridge
• Cebu Bus Rapid Transit (BRT)
• New Cebu International Container Port

Pampanga

Several economic zones have popped up in the region, contributing significantly to an economic boost. It’s no wonder the province has seen a dynamic real estate and infrastructure development in the past years. If you’re considering investing in Pampanga, you can opt for house and lot packages in Ajoya by Aboitizland in Mexico.

Infrastructures to rise in this province:

• Expanded Clark International Airport
• North-South Commuter Railway
• Manila-Clark Railway
• Subic-Clark Cargo Railway

Ajoya Pampanga also offers shophouses, perfect for budding entrepreneurs and small business owners.

Read the complete article at Lamudi Philippines.