{"id":4595,"date":"2019-12-11T14:26:50","date_gmt":"2019-12-11T07:26:50","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=4595"},"modified":"2021-06-04T14:47:10","modified_gmt":"2021-06-04T07:47:10","slug":"hosting-of-sea-games-in-the-ph-to-encourage-property-investors","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/hosting-of-sea-games-in-the-ph-to-encourage-property-investors\/","title":{"rendered":"Philippines\u2019 SEA Games hosting to encourage more property investments in Metro Clark"},"content":{"rendered":"

Nudging its visibility across the entire region and accelerating its position as the Philippines\u2019 fastest-growing business hub<\/p>\n

\"\"
Venue of the 30th SEA Games at New Clark City, Philippines. AdelMikhael\/Shutterstock<\/figcaption><\/figure>\n

This year, the Philippines hosted the 30th Southeast Asian Games in Metro Clark, which marked an opportunity to boost the area\u2019s visibility for real estate investors, reported real estate advisory firm Santos Knight Frank<\/a>, adding that it could also help maintain Clark\u2019s standing as the fastest-growing business hub in the country.<\/p>\n

\u201cHosting a big international event only works to a host city\u2019s advantage if the area has the
\nessential ingredients for growth,\u201d says Chairman & CEO of Santos Knight Frank Rick Santos.<\/p>\n

\u201cMetro Clark already has the fundamentals of a rising development and investment destination. The successful hosting of the SEA Games sends an important message that it is open and ready for business.\u201d<\/p>\n

The mentioned ingredients encompass the massive talent pool the area has to offer, its rapidly-developing infrastructures, as well as the huge mass of occupiers from several industries, particularly the BPO sector.<\/p>\n

More: The Philippines\u2019 richest man leaves behind a \u2018nation of homeowners\u2019<\/strong><\/a><\/p>\n

According to a Santos Knight Frank study, over 340,000 square metres of office spaces from six major developers will launch between 2019 to 2023, with the huge quantity of local talent as the main driving force.<\/p>\n

Infrastructure is another crucial component that could prompt potential investments. Clark International Airport, for instance, is currently developing a new terminal to accommodate 8 million passengers yearly.<\/p>\n

Furthermore, the number of established townships in the area, such as New Clark City, Clark Global City, Alviera, and Filinvest Mimosa+ Leisure City, would provide developers with an array of options for expansion in Central Luzon.<\/p>\n

\u201cThere are huge opportunities in Metro Clark for all sectors of property,\u201d says Associate Director for Investment & Capital Markets Kash Salvador.<\/p>\n

\u201cWith Metro Clark as a hub, real estate investments are set to expand within the greater Central Luzon area and along the NLEX-SCTEX-TPLEX corridor. The connectivity brought by new infrastructures in northern Luzon will drive those markets to grow faster.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Nudging its visibility across the entire region and accelerating its position as the Philippines\u2019 fastest-growing business hub<\/p>\n","protected":false},"author":9,"featured_media":20396,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[611,289,129,115],"class_list":["post-4595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-report","tag-market-opportunities","tag-pampanga","tag-philippines","tag-property-investment","news_country-philippines","news_author-property-report"],"acf":[],"yoast_head":"\nPhilippines\u2019 SEA Games hosting to encourage more property investments in Metro Clark | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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