New Mixed-Use Real Estate Developments in Philippines
Mixed-use developments combine multiple types of spaces within one development, typically blending residential, commercial, and office areas.
Vertical mixed-use developments combine different uses of space stacked on top of each other in a multi-story building. Retail spaces might be on the ground floor, office spaces on the second and third floors, and residential units above.
Horizontal mixed-use developments are spread out over a larger area, typically in a low-rise configuration, often where a shopping mall is adjacent to residential houses, or an office park with restaurants and cafes nearby.
Live/Work developments are where people can live and work in the same building, often ideal for individuals with small businesses, artists, or entrepreneurs who prefer a short commute.
Retail-centric mixed-use developments are a mix of residential and office space, that can be shopping malls with residential units or offices located on upper floors, or mixed-use developments with a strong emphasis on entertainment and dining.
Commercial and residential integration aims to create effective work-life balance in a single location, allowing for a flexible living environment, and are often found in urban or suburban areas.
Mixed-use developments can take many forms, depending on the location, goals, and needs of the community, but they all share the common goal of creating dynamic spaces that foster interaction, reduce the reliance on cars, and enhance the quality of life for residents and visitors alike.
Why Buy or Invest in New Real Estate Developments in Philippines.
The Philippines has been one of the fastest-growing economies in Southeast Asia. With a robust GDP growth, a rising middle class, and increasing consumer demand, real estate remains a strong investment option.
The government has been focused on infrastructure projects such as the "Build, Build, Build" program, improving transportation networks, and expanding public utilities. These developments make previously underdeveloped areas more accessible, thus increasing the value of real estate in both urban and rural areas.
With a young and growing population, there is increasing demand for both residential and commercial properties, especially in metro areas like Metro Manila, Cebu, and Davao. Condominiums, office spaces, and retail centers are highly sought after.
While there are restrictions on foreign land ownership, foreigners can own condominium units (as long as foreign ownership in the building does not exceed 40%). This opens up the market for international investors.
The Philippines is a popular tourist destination, and the government’s push for tourism infrastructure improvements (e.g., airports, resorts, and leisure developments) boosts the demand for rental properties, especially vacation homes, Airbnb-type rentals, and resorts.
Many new real estate projects in the Philippines are built with modern amenities, such as integrated shopping malls, parks, schools, and hospitals. This makes it an attractive option for both residents and investors.
