DAVAO

Brighter prospects amid pandemic

THE Covid-19 pandemic has brought unfortunate impacts to almost all of the industries and sectors globally.

But prospects remain bright and exciting with the real estate sector, especially with multi-awarded developer Grand Land Inc.

“The market, surprisingly, is truly considering buying and investing in homes despite the current health climate as the market realized the value of convenience and accessibility of having a home that’s close to where they could just walk and get their essentials,” Noel Jan Te, Grand Land brand and marketing assistant, said.

He underscored that investing in prime real estate is important - pandemic or not.

One of the best features investors are looking for especially for condominiums are those projects that offer a lifestyle living.

“It is a plus factor when the property you’re investing in is seated right next to a major shopping mall - well this time for our part, two malls actually - you truly are putting your money’s worth. It’s just the luxury of it all - the luxury of having to walk to go get your basic needs like grocery shopping,” he said.

Giving updates to their various ongoing projects in Davao City, he mentioned that for their Amani Grand Citygate, the Building A’s topping ceremony was held in March this year and architectural works are ongoing.

As for Building B, the Cebu-based developer projects to start construction this quarter. While for building C and D piling works have started.

“We hope to start construction early next year. And with the Piazza, we’re projecting to start construction in 2022,” he said.

Despite the current health crisis, real estate developers nationwide continue to boost economic activity by expanding in the property market.

“We’re looking to expand as well in the foreseeable future - actually, we already have plans for future developments in Cebu and Metro Davao,” he said.

Indeed, the pandemic has not stopped the growth of the real-estate industry.


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