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Bacolod, Negros: Sweet Life in a modernizing City


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Bacolod : Living the Sweet Life in a modernizing City

Bacolod City on Negros Occidental

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Having a total of 561,875 inhabitants as of 2015 census, it is the most populous city in the Western Visayas and the second most populous city in the Visayas after Cebu City.

It is known for being a relatively friendly city, as it bears the nickname "The City of Smiles". In 2008, Bacolod topped a survey by MoneySense Magazine as the "Best Place to Live in the Philippines". The city has also been declared by the Department of Science and Technology as a "center of excellence" for information technology and business process management operations. In 2012, Bacolod was ranked the most livable city in the Philippines by iKwaderno online magazine after a conducted school survey using research data and analysis. It got a high score of 85.183 while the rest of the top seven are Davao City with 84.80, Marikina with 84.32, Makati with 83.87, Manila with 83.35... etc

> wiki: https://en.wikipedia.org/wiki/Bacolod

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Bacolod is the Philippines' third fastest growing economy in terms of information technology (IT) and business process outsourcing (BPO) activities.  Bacolod ranked 3rd among the top ten "Next Wave Cities" of the Philippines for the best location for BPO and offshoring according to a 2010 report of the Commission on Information and Communications Technology.

Among the notable BPO companies operating in the city are Convergys, Teleperformance, TTEC, Transcom, Ubiquity Global Services, Panasiatic Solutions, Focus Direct Inc. etc.

Along its highways, sugarcane plantations are a typical scene. As of 2003, 7,216 hectares (17,830 acres) of the city’s 8,560 hectares (21,200 acres) of agricultural land were still planted with sugarcane. Meanwhile, 915 hectares (2,260 acres) were devoted to rice... According to the "Philippine Cities Competitiveness Ranking Project 2005" of Asian Institute of Management (AIM), Bacolod tops the list in terms of infrastructure, ahead of such other mid-size cities like Iligan, Calamba and General Santos. The city also tops the list in terms of quality of life...

TOURIST SPOTS > more attractions

  • Capitol Park and Lagoon
  • Negros Occidental Multi-Purpose Activity Center
  • Bacolod Arts & Youth Sports Center
  • Negros Museum
  • Art District
  • Lakawon Island
  • Campuestuhan
  • The Ruins
  • Don Salvador

THINGS TO DO: Bacolod area

Bacolod's Food & Cuisine : http://www.thelonerider.com/2010/aug/bacolod/bacolod.shtml

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Amaia Steps is located at the center of business district of Negros Occidental where all the needed commercial establishments including government offices where located, just less than a kilometers away enough for a ten minute walk for the furthest commercial retail stores, restaurants, supermarkets and even malls, such as SM and Robinson’s mall.

List of Baclod Condo projects

+ Hi Residences
+ City Scape
+ Horizon Tower
+ 722 Metropolis Tower
+ La Salle Avenue
+ O Residences
+ Amaia Steps
+ Belle Arte Residential
> more: http://ecenviroconsultrealty.magix.net/public/bacolod-condominium-residences.htm

Bacolod City Condominiums. New and old.

 

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City Scape Condominium was the first luxurious yet affordable condominium  in Bacolod City. It is a 12-Storey building with  amenities for a more convenient life styles.  It is located between 5th & 6th Lacson St., right in the heart of Bacolod City, near the Capitol Lagoon, Bacolod City’s Land Mark. Walking distance to Malls, Hospitals, and the most popular commercial establishments.

Contacts: Myvan in Baclod City : (( Coming ))

Representative in Metro Manila : (( Coming: JE? ))

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The Sweet Life available to those who live in Bacolod

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San Carlos City 2hrs from Bacolod

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San Sebastian Cathedral, LCC College and Bacolod City Plaza

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Lakawon, Cadiz City (1hr drive from Bacolod an 15mins boat ride)

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Lagoon with Hotels and Ayala Mall nearby (View from above Cityscape)

History & modern living in Capitol Central. 

Capitol Central shares in Metro Bacolod’s rich history and heritage — providing a new growth center combining civic spaces with residential, retail, business, leisure, and recreation addresses and destinations. Gravitating progress toward the heart of Negros Occidental, Capitol Central is a master-planned mixed-use district radiates from the Provincial Capitol Building and Capitol Park—creating a green cosmopolitan core with the freshest local and global lifestyle offerings.

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Cebu Landmasters is launching two projects in Negros, Occi.: 1,615 units in total

MesaVirre Garden Residences, Bacolod : 1,072 units, ranging from 22sqm to 40sqm

Targeted at employees of BPO's

Casa Mira Coast, in Sibulan : 543 units, ranging 38 sqm to 58 sqm

Near a BPO destination in Dumaguete

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  • 1 year later...

Megaworld pitches new residential tower in Bacolod | Inquirer Business

Feb 19, 2019 - ... ..
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Megaworld's Master plan for Upper East Town
"Megaworld will bring in its pioneering Live-Work-Play-Learn concept to Negros Island through its master-planned townships with world-class amenities."
> source

Tycoon Andrew Tan-led Megaworld Corp. has brought P1.5 billion worth of fresh residential inventory to Bacolod’s property market with the launch of a new condominium development inside The Upper East township.

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The 14-story Two Regis will be built at the corner of Regis and Madison, just beside the proposed Megamall Lifestyle Mall.

A key feature of the residential tower will be the three Skygardens, two of which are located on the 12th level, also known as the Lower Sky Suites Floor, and one at the center of the 8th level, also known as the Garden Suites Floor.

PRICING / Example: 2-Regis 1 BR: P 5.49M / 43.5 = p126.2 k per sim

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The launch comes six months after the launch of One Regis, which was Megaworld’s first residential tower in the area.

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Two Regis will offer units ranging from studios to two-bedroom units. Some units will have balconies overlooking the township. The tower is expected to be completed in 2023.

The regular studio units will have a size of up to 31.5 square meters, but there will be executive studio units of up to 37.5 sqm. One-bedroom units will have a footprint of up to 43.5 sqm while two-bedroom units will have up to 87 sqm of living space.

The penthouse floor, which will make available units in varying size options, pitches unparalleled views of the sunrise from the Negros mountain ranges and the sunset along Guimaras Strait.

“The overwhelming success of our first residential tower is a clear indication that Bacolod has embraced the convenience of both condo living and township living. The master-planned township concept that we are bringing to Bacolod makes Megaworld different as a condominium developer, and we are happy to pioneer this concept in Negros,” said Rachelle Peñaflorida, vice president for sales and marketing at Megaworld Bacolod.

“We’ve promised Bacolod with a first-class township, and we expect things to rise in the next three to five years,” she added.

 
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Colliers on Bacolod (from Q1-2019 Report)

"AFFORDABILITY IS KEY" (to boosting sales?)
The condominium segment in Bacolod City is still in its early stages, but we see both demand and supply rising once various township projects are completed.

Demand for Houses and Lots remains strong as it is buoyed by OFW's as well as local and foreign investors.

Developers should be cashing in on residential opportunities by:

+ Converting brownfield properties such as the old airport into mixed-use communities
+ Exploring land buying opportunities around the fringes of Bacolod City
+ Aggressively developing affordable and economic units
+ Acquiring develop-able land near planned infrastructure projects

Condos are still an small factor in Bacolod Housing Market, now roughly 20% of annual takeup demand

But the shift is TOWARDS CONDO Living

Condominiums.  : End'17 : Added 2018 : End'18 : 2019 : 2020 : 2021 : End'2021 :

Condo Supply.     :   1,175 :  133 +11.3% :   1,308:        0  :   140 :   733 : 2,181 +66.7% vs.2018 : (note: Greater Manila Supply is over 120,000 units

Compare with House & Lot supply, which Colliers estimates at 17,660 units in Bacolod; so Condos are just 7% of standing Supply

Estimated Demand:       2017      :  2018                                : 2019  
Condo Takeup/sales:      290       :    560    +93.1%                :  330, - 41.1% vs. 2018
H&L Takeup/sales:        1,730      : 1,490    - 13.9%               : 1,410, -  5.4% vs. 2018
Pct. which is Condos:     14.4%.   :   27.3%                            :   19.0%

PRICING?: Colliers estimates a 3.0% increase in Condo prices, and a 2.0% increase in House & Lot prices in 2019.

Condo prices will likely be propped up by...

+ Growth in the BPO sector,
+ Rise in foreign tourism,
+ Expansion in the city's economy

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  • 2 weeks later...

Megaworld to build P1.2-B mall in Bacolod | BusinessWorld

Megaworld-Upper-East-Mall-Magic-Hour.jpg
2 days ago -
MEGAWORLD Corp. is investing P1.2 billion to develop a three-storey mall inside its 34-hectare Upper East township in Bacolod City.

Tycoon Andrew Tan-led Megaworld Corp. Is spending P1.2 billion to put up a three-level lifestyle mall within its 34-hectare township in Bacolod City.

Slated for completion ny 2021, The Upper East Mall covers 24,200 square meters of gross floor area, featuring a blend of neo-classical and art deco architecture, reminiscent of New York City’s Upper East Side cityscape.

“We are excited to see The Upper East transforming into a modern central business district (CBD) of Bacolod. In the next three to five years, we will see the residential towers, office towers, commercial buildings, hotel, church, parks, and this new lifestyle mall rising. We will also be opening the Upper East Avenue to the public in two years,” said Kevin L. Tan, chief strategy officer at Megaworld.

Upper East Mall will house several rows of restaurants as well as four state-of-the-art cinemas and an open-air food hall with an indoor garden.

Megaworld is also simultaneously completing its 54-hectare Northill Gateway township located along the Bacolod-Silay Airport Access Road within the boundary of Talisay City and Bacolod City.

 
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/ 2 /

Megaworld expects to complete the mall by 2021. It will be then be directly connected to the transport hub that the company is building across the township’s central park, which in turn faces two residential towers called One Regis and Two Regis.

Upper East Mall forms part of the company’s P28-billion investment to develop the Upper East in a span of 10 years.

“In the next three to five years, we will see the residential towers, office towers, commercial buildings, hotel, church, parks, and this new lifestyle mall rising. We will also be opening the Upper East Avenue to the public in two years,” Mr. Tan said.

Aside from the Upper East, Megaworld is also developing a 54-hectare township called Northill Gateway along the Bacolod-Silay Airport Access Road. The estate will have its own lifestyle mall and residential villages — Forbes Hill and Fountain Grove.

Megaworld’s net income attributable to the parent grew by 16% to P3.8 billion in the first quarter of 2019, after consolidated revenues surged 15% to P14.9 billion.

Shares in Megaworld dropped 0.91% or five centavos to close at P5.44 each at the stock exchange on Friday.

> https://www.bworldonline.com/megaworld-to-build-p1-2-b-mall-in-bacolod/

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REGIONAL HARMONY (Same language helps)

Iloilo, Bacolod harmony pushed

January 09, 2019

There must be no competition between the two fast progressing cities of Western Visayas; instead, Iloilo and Bacolod have to complement each other to forge a “very strong region.”

This was the call of Harold Geronimo, Megaworld senior assistant vice president and head of public relations and media affairs, during the annual year-end event for its media partners in this city.

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The Iloilo Business Park

“Where else can you find that two twin cities are very, very progressive; both cities are progressing fast, only in Western Visayas,” he said.

The cities of Iloilo and Bacolod are gateways to both the provinces of Iloilo and Negros Occidental, respectively, he added.

> https://www.manilatimes.net/iloilo-bacolod-harmony-pushed/493401/

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LANGUAGE

AY! :  expression of surprise

AY, a-HAY! / AY A-hay! – expression of pity or dismay

AY, NA-no? :  literally, “huh, what happened?”; expression of surprise at the result of an unexpected or wrong decision

a-YOS! :  alright!

am-BOT? : I don’t know. (innocently)

am-BOT! :  I don’t know! (condescendingly)

ba-LA :  asserting or agreeing with something ; allegedly

da-SON? :  then? / next?

ga-LI^? :  really?

GID / GUID (pronounced GID):  indeed

> https://bacolod.wordpress.com/tag/speaking-ilonggo/page/2/

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  • 3 months later...
no5-upper-east-avenue-the-upper-east-tow

Property giant to spend P1.2-B to construct its first two office developments inside the 34-hectare The Upper East, offering 17,000 sqm of fresh office inventory

Megaworld, the country’s largest office developer and lessor, is building two office towers inside its 34-hectare The Upper East township in Bacolod City.

The two office towers, which will be called No. 1 Upper East Avenue and No. 5 Upper East Avenue, will offer around 17,000 square meters of office spaces, particularly for the information technology and business process outsourcing (IT-BPO) sector.

The towers will be strategically located along the township’s main avenue, the six-lane Upper East Avenue which connects the city’s main streets of Lopez Jaena and Circumferential Road. Both towers will be facing the soon-to-rise Upper East Mall, and they will sandwich the township’s central park.

“These two new office towers will be Megaworld’s first office developments in Bacolod, and we look forward to bring in new BPO locators to the city. To be operated under our Megaworld Premier Offices brand, these Upper East Avenue towers will showcase the company’s signature state-of-the-art features in office developments – making them the most modern offices to rise in Bacolod City,” says Kevin L. Tan, chief strategy officer, Megaworld.

No.1 Upper East Avenue

Featuring Spanish and European architectural design, the No. 1 Upper East Avenue and No. 5 Upper East Avenue towers will be registered under the Leadership in Energy and Environmental Design (LEED) program.

They will have roof gardens, and both towers will utilize LED lightings in common areas, dual-flush technology for toilets, and double-glazed windows for heat insulation and energy-efficiency. 

The office towers will offer basement and ground level parking, for the convenience of its tenant partners and workers.

“These will be the only office buildings in the entire Bacolod City that are located within a fully-masterplanned township development, where everything is just within easy reach,” explains Tan.

Megaworld will spend P1.2-billion to build the two BPO towers in Bacolod, which are scheduled for completion in 2022.

Megaworld to start building 2 BPO towers in Bacolod City

INQUIRER.net-23 Sep 2019
Megaworld's towers, worth P1.2 billion, are expected to provide jobs for 5,000 people and are scheduled for completion in 2022.
Megaworld allots P1.2 billion for Bacolod township project
International-manilastandard.net-23 Sep 2019
 
Story image for news megaworld from BusinessWorld Online

Megaworld to spend P1.2B for Bacolod office towers

BusinessWorld Online-23 Sep 2019
MEGAWORLD CORP. is spending P1.2 billion to develop two office towers in its Bacolod township as it continues to expand its leasable ...
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Bacolod City finds more reasons to smile

The city, which is seen to benefit from the government’s massive infrastructure and decentralization program, offers vast potential as a property investment hub

We believe that Bacolod City will remain a preferred property investment site outside of the capital region on the back of the Duterte administration’s infrastructure and decentralization push. Bacolod is a major business site in the Visayas region and it is likely to retain its stature as a competitive city over the medium to long term.

Among the crucial infrastructure projects due to be implemented in Bacolod City are the Bacolod Economic Highway and the expansion of Bacolod-Silay Airport. Other local government-initiated projects that should further raise the city’s attractiveness as an office and residential hub include the Bacolod City South Bus Terminal, two coastal roads and a viaduct. These should ease access from the city’s business districts to second and third-tier cities.

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National developers, like Rockwell Land, have started to invest in Bacolod City.

Chasing higher-value outsourcing locators

Primarily a call center hub, Bacolod City has started to position itself as a provider of higher value outsourcing services such as health information management (HIM) and software engineering. It is among the pioneering provincial locations that managed to entice global outsourcing companies due to the nursing and allied medical graduates that the city produces annually.

The economy of Western Visayas, where Bacolod City belongs, has also been expanding by 7.4 percent over the past two years and this has been instrumental in propelling the growth of traditional, non-outsourcing businesses. This also contributes to faster office space absorption in the city.

Meanwhile, the National Competitiveness Council (NCC) ranks Bacolod as the 9th most competitive local government unit (LGU) in the country based on economic dynamism, government efficiency and infrastructure support.

This improving competitiveness versus other key locations in the Philippines has been propelling investor interest in the city. Over the near to medium term, this is among the factors that should support office space absorption in the city.

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Infrastructure projects like airports help unlock land values in the provinces.

Skilled manpower

But a major driver of business interest is the city’s skilled manpower. About a third of colleges graduates that the city produces annually are business degree holders while close to 30 percent hold engineering, IT, math and medical-related degrees. The sufficient number of graduates holding relevant degrees complemented by the training programs provided by the IT council and the city government ensure the employability of the city’s college graduates.

The growing number of starting families has driven strong take-up of houses and lots (H&Ls). We have recorded significant demand from newly launched projects, particularly those priced below P3.2 million. We also see demand from wealthy families purchasing lots for their second homes or as inheritance for their children.

The preference for H&Ls is strong as Bacolod residents and investors still prefer larger, open spaces.

Overall, we see sustained demand drivers in Bacolod City and the developers should be quick in cashing in on residential opportunities by:

+ converting brownfield properties such as the old airport into mixed-use communities;

+ exploring land around the fringes of Bacolod City;

+ aggressively developing affordable and economic units; and

+ acquiring developable land near the government’s planned infrastructure projects.

Bacolod City will likely remain an attractive location for H&L and condominium projects, but a more aggressive launch of residential projects in the city pushes developers to look for alternative sites.

In our opinion, condominium units are becoming an attractive investment option for OFWs and local businessmen. These unit owners are anticipating the projects’ potential for leasing once they have been completed. Colliers believes that the BPO sector will continue to be a driver of condominium leasing in Bacolod City. Foreign employees as well as higher-earning local outsourcing workers are among the targeted buyers and occupants.

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What’s next for Bacolod?

Colliers expects property developers to continue pursuing opportunities by developing satellite communities outside of Metro Manila given the proposed airport development and modernization projects.

Integrated communities can offer a better value proposition than the stand-alone projects given their focus on mixed-use development. We believe that greater scale combined with a mixed-use focus can make integrated townships an attractive option for investors.  Colliers further expects more outsourcing tenants to gravitate toward integrated communities as these can offer a better living and working environment.

Read more: https://business.inquirer.net/280482/bacolod-city-finds-more-reasons-to-smile#ixzz61T5uOKgh

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  • 4 weeks later...
Amaia expands in Bacolod.
AMAIA LAND is launching a new condominium project in Bacolod City, Negros Occidental.
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AMAIA LAND is launching a new condominium project in Bacolod City, Negros Occidental.

The affordable housing unit of Ayala Land, Inc. is developing Amaia Scapes North Point, which offers studio and deluxe residential units.
3 hours ago

This month, Amaia Scapes introduced a new modern unit series called the Townhome, which has sizes ranging from 45 to 80 square meters (sq.m.) and Bungalow Pod New Gen, which are sized from 60 to 85 sq.m.

The 3,625-sq.m. project is located along San Juan St., Barangay 8, Bacolod City. Residents will have easy access to commercial and medical establishments, transport stations, and an upcoming ALI commercial development. Bacolod-Silay International Airport is just 13 kilometers away.

Amaia Scapes North Point’s facilities include a swimming pool, a children’s pool plus play area, landscaped garden, and a multi-purpose venue for the use of residents and their guests. It also has 102 parking slots.

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  • 2 months later...

NARA Residences from Rockwell

Nara Residences is Rockwell Land’s first high-end residential development in the province of Negros.

Settling in a prime property with modern living spaces, Nara Residences is designed with high ceilings reminiscent of the city’s heritage mansions and sprawling grounds mimicking Bacolod’s vast landscapes. Not to mention complete with amenities well-suited for people with a modern lifestyle.

Strategically located at the heart of Bacolod, Nara Residences stands proudly on an 11-hectare terrain along GM Cordova Avenue, close to Bacolod’s premier establishments and business centers. Within its premises are multiple retail establishments and leisure options for the residents’ daily lifestyle needs. The property is also of 80% open space, making it a perfect location for gatherings with family and friends.

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Previously a sugarcane farm, Nara Residences is settled at the heart of Bacolod City along GM Cordova Avenue (former Buri road). The property’s prime spot is a few minutes away from the city’s major establishments—the new Bacolod-Silay International Airport, Bacolod Queen of Mercy Hospital, St. Scholastica’s Academy, and Mandalagan Golf Course to name a few.

Nara Residences boasts of an 11-hectare land area with 80% open space, giving residents refreshing places where they can spend time with family and friends. To support the varying lifestyles of the modern Bacolodnon, the presence of various retail shops and leisure choices is also found within Nara Residences.

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Bacolod City has long been recognized as a key investment destination outside Metro Manila.

Major business process outsourcing firms have chosen Bacolod due to the availability of a skilled workforce. This has resulted in the redevelopment of the city’s property sector, attracting national players that have extensive experience in building integrated communities that offer office, residential, hotel and retail projects.

We believe that Bacolod City will remain a preferred property investment site outside of the capital region on the back of the Duterte administration’s infrastructure and decentralization push. Bacolod is a major business site in the Visayas region and it is likely to retain its stature as a competitive city over the medium to long term.

Among the crucial infrastructure projects due to be implemented in Bacolod City are the Bacolod Economic Highway and the expansion of Bacolod-Silay Airport. Other local government-initiated projects that should further raise the city’s attractiveness as an office and residential hub include the Bacolod City South Bus Terminal, two coastal roads and a viaduct. These should ease access from the city’s business districts to second and third-tier cities.

Chasing higher-value outsourcing locators

Primarily a call center hub, Bacolod City has started to position itself as a provider of higher value outsourcing services such as health information management (HIM) and software engineering. It is among the pioneering provincial locations that managed to entice global outsourcing companies due to the nursing and allied medical graduates that the city produces annually.

The economy of Western Visayas, where Bacolod City belongs, has also been expanding by 7.4 percent over the past two years and this has been instrumental in propelling the growth of traditional, non-outsourcing businesses. This also contributes to faster office space absorption in the city.

Meanwhile, the National Competitiveness Council (NCC) ranks Bacolod as the 9th most competitive local government unit (LGU) in the country based on economic dynamism, government efficiency and infrastructure support.

SDP-MAP.jpg

> https://nararesidencesbyrockwell.com/location/

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NARA PRICING?  Old Posts - may be out of date...

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SOON TO RISE in the heritage-rich Bacolod is Rockwell's new home. Launching by year-end, this new 10.9-hectare development will be comprised of mid-rise residential towers, inclusive of a 2.1-hectare expanse where the community can enjoy retail destinations and events.

So far our Initial Details are as follows:
• Unit Sizes for the first 2 Towers to launch this December:
Studio 37 sqm
1 Bedroom 49,61,74 sqm ( as for the 74 it will come with a den so 1 main bathroom and 1 powder room)
2 Bedroom 82 sqm
3 Bedroom 103 sqm
• Approximately selling per sqm is at 125,000 php

> Source: https://www.skyscrapercity.com/showthread.php?p=159564152

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BACOLOD | Rockwell Bacolod Residential Complex [8T|res|pro]

The company will also unveil an eight-tower, mid-rise residential complex in Bacolod which is expected to generate P8 billion in total sales. The 10.9-hectare project will also house retail and activity areas.

Only two towers will be launched in September. This is seen to generate about P2 billion in revenues. Units are sized from 36-100 sq.m., priced at P110,000-120,000 per sq.m.
Link
https://www.bworldonline.com/rockwell-land-eyes-p10-b-sales-from-new-residential-projects/

images?q=tbn:ANd9GcSoGA8g2ZdHosptbT0jZWf

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ILOILO & BACOLOD climbing as BPO Hubs

Iloilo reenters Tholon’s int’l BPO hubs Top 100

ILOILO City – After being snubbed from the Tholons Top 100 “super cities” for outsourcing in 2017, Iloilo City has reemerged in the international competitiveness rankings at No. 92, amid the city’s efforts to innovate the local business process outsourcing (BPO) industry and a rise in infrastructure.

According to the Tholons Services Globalization Index (TSGI) 2018 released on Monday, Iloilo has reentered the international standings for BPO destinations, as other Philippine hubs gain ground and slide up the list.

This 2018, six major Philippine cities have been included in the Tholons Top 100  – with Manila ranking the highest at 2nd place worldwide, along with Cebu City (11th), Davao City (75th), Sta. Rosa, Laguna (87st), and Bacolod (89th). Manila has regained its 2nd position from last year’s when it slipped to 4th position.

According to a report by the Philippine News Agency, currently around 21,000 Ilonggos are employed in the BPO industry.

. . .

“Colliers believes that demand for BPO space will likely continue given the aggressive promotion being undertaken by the local government as it aims to become a premier SMART (Service, Manufacturing, Agri-business, Arts and culture, Research and technology and Tourism) city of excellence,” added the research report.

Tholons is a leading full-service strategic advisory firm for global outsourcing and investments. In this year’s report, they considered innovation, workforce and skills, infrastructure and cost, risk and quality of life, and business catalysts as metrics for the research.

Among the metrics used by Tholons for its TSGI study this year are “Talent, Skills and Quality; Cost; Infrastructure; Risk & Quality of Life; Business Catalyst; and Digital & Innovation.”/PN

> More: https://www.panaynews.net/iloilo-reenters-tholons-intl-bpo-hubs-top-100/

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5 Reasons Why Investing in a Bacolod Property Is a Good Idea

Thinking of getting into real estate investing? Here’s why you should do it in Bacolod.

By: Yoorekka Team | August 16, 2019

 
investing in Bacolod

Local and national real estate developers are swamping the city and offering various units and home options.

When looking for a home, there are factors that an investor should take note. After all, with all the money and time needed to invest in a property, you must weigh every decision you make. Making sure a city is suitable for your lifestyle is a must, and this is where an investment property in Bacolod outshines the rest.
 
There are a variety of reasons why investing in Bacolod is a sound idea, and this article gives you five major reasons. At the end of the day, a unit in Bacolod will not be just another investment, but the place will be where your heart is—your home. So read on and see the reasons why you should pursue investing in Bacolod!
 

1. There are diverse properties in Bacolod.

investment property

A Freya unit of Camella Bacolod.

Image: Camella Bacolod Facebook Page
 
Residential communities in Bacolod offer open-ended properties ranging from socialized family homes to high-end mansions. The livable urban hub also is flexible when it comes to pricing. For one, a start-up family can buy a two-bedroom unit that costs PhP550,000 only. Moreover, the comfort of both condo living and township living has also been adopted in the city.
 
Over the years, there has been significant growth in real estate communities in Bacolod. Open house postings, rent-to-own advertisements, and real estate profiles have been all over social media.
 

2. There is a central district on the rise.

Bacolod

The artist’s perspective of The Upper East by Megaworld.

Image: Megaworld Bacolod Official Facebook Page
 
A booming city is an attractive factor for any real estate investor. Fortunately, a community that combines a live-work-play lifestyle will soon be one of Bacolod City’s premier township hubs. Megaworld Corporation, one of the country’s real estate giants, is developing The Upper East. This 34-hectare township will be home to residential condominiums, malls, commercial centers, mixed-use buildings, offices, hotels, and green parks.
 
Another project from the same developer is the 53-hectare Northill Gateway township where residential, dining, retail, leisure, and tourism amenities are combined. The commercial development aims to provide a refreshing lifestyle away from the bustling streets of the city by giving the residents everything they need at close proximity.

3. Bacolod has a growing BPO industry.

real estate investing

There are more than 20 IT-BPO companies in Bacolod.

When it comes to job vacancies and demands, Bacolod has plenty. In fact, the city is one of the top destinations for Business Process Outsourcing (BPO) companies. Earlier this 2019, international firm Colliers has forecast that the city will remain one of the preferred BPO locations in the Philippines.
 
In 2015, the provincial government has constructed the biggest BPO training provider in Bacolod: Negros First Cyber Center (NFCC). Besides call center companies, English as a Second Language (ESL) centers are also popular amongst job hunters.
 
 
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  • 6 months later...

Smile-Residences-cover-2.jpg?resize=768,

images?q=tbn:ANd9GcRbeQxbLQErXfKsJPNRiwK

New condominium in Bacolod City! SMILE RESIDENCES

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> photo gallery :

SMDC Smile Residences, Bacolod Walk Through

Smile-Location-Map.jpg?resize=768,475&ss

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  • 3 weeks later...

UPDATED - Another Bacolod Condo Tour by Motorbike

NEW Construction Projects / Condos, Hotels, Malls

New List of Bacolod Condo projects

A CONDO GLUT in Bacolod?
A motorbike Tour of Projects
+ Nara residences (Rockwell)
+ New Vista mall, near Rockwell
+ Carmella Condos homes (with no balcony)
+ MesaVirre Condo, with 5 blocks
+ Paseo Verde (with closed restaurants)
+ O Residences, just past Robinsons
+ Sitari Hotel & Residences
+ Hotel Grand Xing
+ Cybergate (also near Robinsons)
+ Citywalk mall (“almost empty”)
+ Bob’s Cafe etc, walkable shops & RRs (Lacson St?)
+ New “hotel” near Bob’s, maybe 8-10 stories
+ Lagoon is nearby
+ New Pala-pala
+ Ayala’s Capital Mall & Amaia Steps Condo
+ Smile condos (from SMDC)
+ Park Inn Hotel @ SM
+ New Gaisano mall, “in heart of downtown”
+ FINALLY, we see the old Bacolod Central Market
> more: http://ecenviroconsultrealty.magix.net/public/bacolod-condominium-residences.htm

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These Houses in Bacolod seem Cheap.... From Amaia

north-point-house-lot-twinpod.jpg

Amaia Scapes North Point

Price Range: P1.3M - P1.7M / Floor area: 25 - 75 sqm ... (1300K/25 = 52k psm; 1700k/75= 23k psm)

Project Details

19.1 Hectares / 191,000 sqm ( /1550= 123 sqm. aver. lot size)

1550 House and Lot Units

Talisay City, Negros Occidental

25 - 75 sqm

amaia-scapes-twin-pod-large.jpeg

Twin Pod

Unit Type                 Duplex
Gross Floor Area   28 sqm.
Gross Lot Area       82 sqm.
Bedroom         0
Toilet & Bath   0
Carport            0
Price Range    Php 975K to 1M

Bacolod City’s homegrown residents are naturally entrepreneurial.

Bacolod is one of the primary producers of sugar in the 19th century. However, the 1980s sugar crisis or when exports were minimized and could no longer sustain the livelihood of the people, the Negrenses, especially the women, started a foundation they now call the Association of Negros Producers (ANP).

ANP aimed at providing the displaced sugarcane workers the jobs from food processing to handicraft making. The majority of these were small or backyard businesses which then became household names. Negros Showroom displays some of the best Negros-hailed products.

> https://www.amaialand.com/house-lot/bacolod/

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  • 2 weeks later...

PROPERTY giant Megaworld Corp. is all set to construct a new residential condominium inside the 34-hectare The Upper East township in Bacolod City.

1A-PHOTO-One-Manhattan.jpg

ONE MANHATTAN will be amenity Rich

Located at the corner of Manhattan and Lexington Streets, the 14-story One Manhattan tower will be the third residential condominium in the township, which was built on the former site of the Bacolod-Murcia Milling Co. The concept of the township is inspired by the posh Upper East district of New York City in the United States. The two other towers are One Regis and Two Regis.

One Manhattan promises to have “first-in-Bacolod” amenities such as a rock-climbing wall, putting green, mini track oval with gym, an outdoor Jacuzzi at the second level amenity deck, and an exclusive bar and lounge at the tower’s roof deck. The roof deck overlooks Bacolod’s cityscape, the Negros mountains in the east and the amazing sunset at the Guimaras Strait in the west.  In addition, the tower will also have its own private dining room for special occasions, adult and kiddie pools, pool deck with an outdoor shower area, game and entertainment room, function hall, reading nooks, outdoor seating areas, and an outdoor children’s play area.

. . .

Eyed for completion in 2025, One Manhattan is expected to generate P1.6-billion in sales.
Since the launch of The Upper East in 2018, prices of condominium units in this township have already appreciated by 40 percent. (er-ah: Asking prices)

Besides the residential towers, The Upper East will also have a lifestyle mall and commercial centers, office towers, hotel, open and green parks, church, transport hub, and an eight-lane main avenue that connects the city’s Circumferential Road to Lopez Jaena Street, among others. Its strategic location makes it accessible to the Bacolod Government Center and the city’s top universities.

> https://www.manilatimes.net/2020/07/28/business/real-estate-and-property/megaworld-to-build-new-condo-in-bacolod-township/746788/

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