Here are five emerging locations for real estate investment in the Philippines for 2024, reflecting growing demand and development opportunities:
1. CLARK, PAMPANGA
Formerly a military airbase, Clark has transformed into a major hub for innovation, sustainability, and urban growth. With its proximity to Clark International Airport, modern infrastructure, and investment-friendly policies, it has become a top choice for mixed-use developments, industrial parks, and upscale residential projects.
Known for its scenic landscapes and cool climate, Tagaytay is a hotspot for residential-leisure properties. This location is popular for second homes and condominium investments, driven by its tourism appeal and urban conveniences.
This city is undergoing significant urban renewal. It is transitioning from a residential community into a vibrant hub for mixed-use developments and luxury high-rises, especially following infrastructure improvements like the Skyway Stage 3 project.
As the economic hub of Mindanao, Davao offers strong investment potential due to its strategic location, robust infrastructure, and commitment to sustainable development. Real estate opportunities range from eco-friendly residential communities to large commercial complexes.
Encompassing parts of Manila, Pasay, and Parañaque, this area is set to become the next central business district. Its development includes Entertainment City, with world-class hotels, casinos, and entertainment facilities, driving demand for residential and commercial spaces.
These locations are backed by infrastructure projects, favorable economic policies, and increasing interest in urban and leisure properties, making them prime opportunities for real estate investment in 2024.