QUEZON CITY— Ayala Land Inc. (ALI), one of the country’s largest real estate developers, has been enjoying brisk sales growth from its four master-planned estates in Quezon City in recent months, due to rising demand for residential projects amid increased construction activity. Cloverleaf, Vertis North, The Junction Place and Parklinks have become attractive investment vehicles owing to its strategic locations at the crossroads of the national government’s massive infrastructure push in Metro Manila’s largest city.
With the strong upside potential of Quezon City, the residential offerings within ALI’s QC Estates are already on its second phase given the strong take up of the initial inventory from a diverse set of buyers and investors looking to cash in on the city’s promising growth outlook.
Among the estates ripe for the picking is Cloverleaf, ALI’s pocket urban development and green haven in Balintawak. Fronting the two prime thoroughfares of EDSA and A. Bonifacio Avenue, the highly-connected Estate is just a mere 20- 30 minutes away from Makati and 45 minutes away from Alabang through the Skyway Stage 3.
Cloverleaf’s residents and investors are also in for a treat with the planned construction of the EDSA Greenways Project, set for completion in 2024. The project involves the construction of elevated walkways at four mass transit stations, including the LRT-1 Balintawak Station and MRT-3 Cubao, Guadalupe and Taft Avenue Stations.
Meanwhile, a few kilometers from Cloverleaf is Vertis North, envisioned to be the City Center of Quezon City. Bounded by EDSA, North Avenue, and Agham Roads, it sits right at the heart of QC’s Central Business District, where the North Triangle Common Station—connecting MRT-3, LRT-1 and the upcoming MRT-7—is expected to ease passenger transfer and improve connectivity between rail lines by December this year.
Also, the addition of the 22.8km railway project MRT-7 is expected to boost the profile of Quezon City’s residential bases even further, as it runs from North Avenue all the way to San Jose del Monte, Bulacan.
Estates in Novaliches like The Junction Place stand to benefit tremendously from the MRT-7, which will have 14 stations and is projected to serve about 350,000 passengers per day. Once completed in 2022, MRT-7 will decongest traffic in Caloocan, Commonwealth Avenue and Balagtas interchange at the North Luzon Expressway (NLEX)—making Novaliches more accessible than ever before.
To boost this rail interconnectivity up a notch, the government’s gargantuan Metro Manila Subway Project hoists Quezon City’s attractiveness for mixed use projects that feature office, residential, and retail spaces. The first phase of this project, which will include stations in East Valenzuela, Quirino Highway, Tandang Sora Avenue and North Avenue are expected to be completed by 2023 or 2024.
Similar to the now-operational Skyway Stage 3, the Skyway C6 Expressway, a 34-km expressway from Skyway/FTI to Batasan Complex in Quezon City—is expected to ease the road congestion along EDSA, C-5 Road, Ortigas Avenue and Ortigas Extension as early as 2022.
Catering to the nearby central business districts on the southern side of Quezon City is Parklinks, which is the largest mixed-use development along the C5 corridor to date. A joint venture of ALI and Eton Properties, Parklinks has direct access to the C5 Road and will have three planned bridges within the estate— geared to link QC’s residents to the areas of Pasig City, Rizal and other nearby localities. The iconic Parklinks bridge opening the estate’s access from C5 is set to be completed by early 2022.
Quezon City remains a powerhouse when it comes to prime real estate locations. With the integration of its vast land area, robust trade activity and a highly-skilled workforce, the city stands to benefit from this positive outlook not just today, but also in the years to come.