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NEWS - 28 January 2021

Now's the Best Time to Invest in a Condo as BGC and Ortigas Get Connected

Everyone’s excitement got hyped up when the Department of Public Works and Highways (DPWH) released photos last August 2020 of the Sta. Monica-Lawton Bridge, showing that this main bridge of the highly anticipated BGC-Ortigas Link has finally been connected from both sides of the Pasig River. This superstructure, which is part of the national government’s aggressive “Build Build Build” initiative, is expected to be completed by 2021 and shall reduce travel time to and from Bonifacio Global City and Ortigas Center from the usual 1 hour to just 12 minutes.

 

According to the Philippine News Agency (PNA), the PHP 5.7-billion BGC-Ortigas Link will serve as an alternate route for motorists and will decongest two major thoroughfares, specifically the Guadalupe Bridge area along EDSA and the Bagong Ilog Bridge area in C5 Road. Aside from the main bridge across Pasig River, the 1.37-kilometer project also includes the rehabilitation and widening of Brixton and Fairlane Streets in Kapitolyo, Pasig City, and the Lawton Avenue Viaduct in Makati City that will traverse to the entrance of BGC in Taguig City.

 

Linking Two Major CBDs

Being two of the country’s key Central Business Districts (CBDs), Bonifacio Global City and Ortigas Center are home to the headquarters of multinational and top local corporations, as well as Metro Manila’s stylish shopping malls, exciting leisure destinations, premier academic institutions, and world-class healthcare facilities. The crippling everyday traffic along EDSA and C5 Road has consumed valuable time among motorists and commuters, and also incurred economic losses due to slowed down transportation from these two key points. The plan for the construction of BGC-Ortigas Link has always been a welcome news, that’s why it has received so much anticipation since its groundbreaking in 2017.

 

Aside from offices, malls, schools, and hospitals, high-rise residential condominiums have been emerging progressively within BGC and Ortigas Center as well as around its periphery. In the case of Ortigas Center for instance, condos from major real estate developers have been mushrooming around the Pioneer Street and Shaw Boulevard areas in Mandaluyong City due to its close proximity to this CBD.

 

The High Life at the Tiger City

One of the leading residential developers taking advantage of Mandaluyong City’s close proximity to Ortigas CBD is Empire East. In fact, with over one hundred condominium towers it completed in the last 26 years, nearly 40 towers of which are located in this so-called “Tiger City of the Philippines.” Empire East not only recognized the centrality of the city’s location, but also the benefits of a Transit-Oriented Development (TOD), providing premium mobility and accessibility to its residents. It was the first to build a residential project with direct connection to a mass transit system, specifically the nearly sold out 6-tower Pioneer Woodlands that is linked to MRT-3 Boni Avenue Station.

 

Another TOD that Empire East launched a couple of years ago is The Paddington Place which is just a quick 4-minute walk to and from the MRT-3 Shaw Boulevard Station and also walkable to the Ortigas CBD. Future residents of this 4-tower high-rise condominium community can be on top of their game in their professional careers or jumpstart their businesses in the nearby Ortigas CBD or in the Bonifacio Global City. Aside from the project’s very own two-level lifestyle mall called “The Pad,” they can also enjoy the shopping and leisure destinations in these two CBDs that will soon be linked together.

 

Your Modern Cosmopolitan Enclave

The metro’s hustle and bustle can cause too much stress in the mind and body of a city dweller. For this reason, The Paddington Placehttp://www.thepaddingtonplace.com brings you to a modern cosmopolitan enclave where you can only not just live, but love living in it. Relish every moment as you walk along its vast greeneries at the 7th level, far from the noise and pollution from the ground. Take a quick dip on your 25-meter lap pool, strengthen your muscles and stay fit at your fitness gym, and enjoy playtime with your kids at the indoor game room. Indulge in these world-class amenities while being worry-free about your security and privacy.

 

Whether your plan for property purchase is for long-term use or for investment, The Paddington Place offers you a wide range of home options, from space-efficient executive studios and one-bedroom suites, up to more spacious two-bedroom and penthouse suites. Its location has proven to drive a strong leasing potential, attracting tenants who are working at the Ortigas CBD and also, soon, those from Bonifacio Global City. Rental income is what a significant number of investors are looking forward to, resulting to the fast selling of the first three towers. Currently, the fourth and final tower is under pre-selling stage while full-swing construction has already commenced. With the nearing completion of the BGC-Ortigas Link, market values of residential properties within close proximity are expected to rise even more in the coming years, so today is the best time to invest for a condominium property at The Paddington Place.

 

To know more about premier condominium development as well as the flexible payment terms and big discounts currently offered, follow @empireeast on our social media accounts, chat with us at www.empire-east.com, or inquire at (02) 8810-3333 or 0917-8-EMPIRE(367473).

 

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