One of Best Area for Property Investment in Metro Manila Considered Mall of Asi Complex


Bay City is more than 40-years old, but its true impact is only starting to be realized. While the area is best known as an entertainment zone, it is quickly transforming into a business hub with many international companies establishing operations here.
A more cordial relationship between the Philippines and China has proven to be beneficial to Bay City’s business outlook. Mainland offshore gaming firms and BPO companies have opted to set up shop in and around Bay City. This had a positive impact on the area’s real estate market.
Colliers International research found rental rates were 30 to 50 percent higher in a number of residential condo properties in the Bay Area and Makati due to an influx of Chinese employees. A growing number of mainland buyers are also purchasing condo units here. This increase in demand has been good for Bay Area property prices which are among the fastest growing in Metro Manila.
And it’s not just those from overseas who want to live and work in Bay City. With several key business areas and an endless supply of entertainment options, this is a place that caters to those who enjoy a modern lifestyle.
Bay City is firmly entrenched as the entertainment hub of the Philippines with places like SM Mall of Asia, making it a place both tourists and locals flock to throughout the year. The Mall of Asia is also undergoing an ambitious expansion that will see a number of facilities open including the first IKEA in the Philippines.
Nino Aquino International Airport is easily accessible from Bay City. Additionally, the area is home to World Trade Center Metro Manila, the Philippine International Convention Center, the head offices of several large firms, such as Philippine Airlines, and a number of government buildings.

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