INCREASED transportation infrastructure investments are among key factors that bring growth to the country’s major regions, such as Metro Manila and Southern Luzon, according to Greenfield Development Corp. (GDC).
Given the government’s over 100 infrastructure projects—either completed or in the pipeline—increased connectivity and accessibility lead to the rising value of property surrounding these developments.
“Big-ticket infrastructure developments are designed to improve traffic flow, and increase people’s access to services, business and job opportunities. Road infrastructures are value drivers for surrounding real-estate projects as they open doors for economic progress; on top of providing greater mobility, connectivity to other cities and sustainability. Investing in such properties are deemed attractive because their value will appreciate over time,” said GDC Executive Vice President and General Manager Duane A.X. Santos.
For instance, GDC’s flagship mixed-use developments Greenfield City and Greenfield District are seen to further gain the interest of more buyers and investors on the back of the now operating Cavite-Laguna Expressway (Calax); North Luzon Expressway (Nlex)-South Luzon Expressway (Slex) Connector Road; and Sta. Monica-Lawton Bridge, more popularly known as the Kalayaan Bridge.
The partially operational Calax cuts travel time between Manila–Cavite Expressway (Cavitex) and Slex to around 45 minutes from 90 minutes. Motorists have also been experiencing faster mobility because of the Nlex-Slex Connector Road, which reportedly lessens travel time between the two expressways to 20 minutes only.
Increased accessibility due to these mega infrastructure projects adds to what makes the 400-hectare Greenfield City highly appealing. A commercial and residential com munity in Sta. Rosa, Laguna, this metropolis can be accessed via the Sta. Rosa Interchange, Eton-Greenfield exit, and Greenfield-Unilab exit. Its promise to offer refuge to families and individuals seeking a balanced life is also a huge drawing factor.
“Part of Greenfield City’s unique value proposition, the first city within the park conce pt, is committed to promote a balance between a fast-paced modern living and a refreshing lifestyle away from the city’s hustle and bustle. Calax and the Nlex-Slex Connector Road have made it easier for more people to gain access to this promise,” the top executive noted.
GDC’s Greenfield City is home to four residential communities, namely, Trava, Solen Residences, Pramana, and Zadia; three commercial centers like Laguna Central, Arcadia and Paseo Outlets; two business districts, such as Sta. Rosa Business Parks 1 and 2; and an industrial park called Greenfield Autopark.
The real-estate company’s Greenfield District, on the other hand, that is a 15-hectare, eco-friendly development located at Mandaluyong’s Central Business District, continues to attract property buyers. The opening of the Kalayaan Bridge across the Pasig River is expected to heighten their interest to the project.
This urban center bordered by the main thoroughfares Edsa and Shaw Boulevard, is just a five-minute drive from the Pasig River—thanks to the 613-meter two-way Kalayaan Bridge, wherein motorists can reach Pasig and Mandaluyong from Kalayaan Avenue in Makati and Bonifacio Global City in Taguig in 12 minutes.
“The growth of Greenfield District and Greenfield City is now made better because of these transport infrastructure developments. Owning a property in our high-value communities is a prized asset that brings unparalleled edge and benefits,” Santos said.