Array
Real Estate

These High-End Villages Have Tripled Average Land Prices in the Last 6 Years

Do you live in one?

Shares
Photography: Mark Chester Ang (Main Photo)

Rising demand and scarcity of properties for sale have pushed up land values sky-high. If you had bought a patch of land in one of the country’s high-end residential villages in 2010, its value would have likely more than tripled by now.

That’s according to data from real estate analyst Leechiu Property Consultants, which released its latest market insights report last September 25. The report listed the land values of nine high-end villages in Metro Manila and showed how much they have increased from 2010 to Q2 2017.

“Increased demand and scarcity of high-end villages has kept residential land values at peak rates,” said Leechiu Property Consultants in the report.

Check out the infographic below to see how much land values have grown in these villages in the past six-and-a-half years.

ADVERTISEMENT - CONTINUE READING BELOW

Among the nine villages, Corinthian Gardens in Quezon City saw the highest appreciation in land value, which experienced a 269-percent growth. This was followed by Hillsborough in Muntinlupa at 257 percent and Urdaneta Village in Makati at 250 percent.

Dasmariñas Village in Makati had the most expensive land in the group, with land values averaging at P300,000 per square meter. Two other high-end Makati villages followed: Forbes Park at P250,000 per square meter and Urdaneta Village at P245,000 per square meter. 

 

*****

 

Lorenzo Kyle Subido is a staff writer of Entrepreneur PH

 

This story originally appeared on Entrepreneur.com.ph.

* Minor edits have been made by the Realliving.com.ph editors.

More on Realliving.com.ph

Shares
Recommended Videos

Latest Stories

6 DIY Ideas To Organize Your Cable Clutter At Home

Learn about some creative ways to solve this common home dilemma!

7 Stores to Shop for Kids and Child-Sized Furniture (Beds, Chairs and Tables, and More)

Let your child's personality shine by choosing unique pieces for her room!

10 Cute Pots for Your Plant Babies

Give your little green friends the home they deserve!

Andi Manzano Offers a Peek at Her Line of Child-Sized Furniture (Available in October!)

The actress collaborated with a home store that specializes in furniture for babies and kids.

Where to Find Wall Stickers for Your Child's Bedroom (No Need for a New Paint Job!)

You can get wall stickers in lots of unique colors and designs.

'Walang Trabahong Pang-Forever': 5 Lessons on Investing from Dimples Romana

Dimples and her husband have been investing in real estate properties since 16 years ago when they got married.

Take Note: Here's How Often You Should Wash Your Bed Sheets

There's a recommended general rule of thumb you should remember.

The 5-Basket System: How to Declutter Your Home Once and for All

Get rid of all the unnecessary junk that may have accumulated in your home finally.

Experts Say Having These 5 Colors at Home Will Make You Happier!

Thinking of giving your home a makeover? Make sure you choose the colors wisely!

'Good Utang vs Bad Utang': 10 Money Lessons From the Megastar Sharon Cuneta

Having a property to call your own is still the best investment, says Sharon Cuneta

Not All Electric Fans Are Created Equal! 7 Things to Consider When Buying One

Fans are a necessity in all Pinoy homes, so make sure yours is a reliable model!

7 Ways to Brighten Dark Rooms if Your House Doesn't Get Natural Light

First tip: Update your old light bulbs!
Load More Stories

Get inspiring design ideas and handy hints.
Subscribe to our newsletter now!