Investing outside Metro Manila has been a recent key trend, as major infrastructure, government spending, and signs of potential are budding outside the city. Davao City, in particular, has been one of the more noticeable investment locations and touted as one of the country’s growth regions to keep an eye on.
Davao City is the regional center of Davao Region and the most populous city in Mindanao. As the third-largest city in the Philippines, it is known for its bustling economic activities, urban build-up, and modern amenities.
The Davao Region is also the 5th largest economy in the Philippines in terms of GDP (with P832.1 billion in 2020), and the fastest-growing region with a recorded 8.6 percent growth in 2018 and seven percent in 2019.
Despite the pandemic, it was able to limit the decline of its economy to 7.6 percent. Being among the top five regions in the country, Davao is the only region that is better than the national average of -9.6 percent. And in the next five years, it is expected to receive a sizeable budget of P169 billion from the national government for its development efforts.
More investments mean more infrastructure, and this translates to the creation of new lifestyle landmarks for the new era, at the center of which, is the progressing landscape of Abreeza.
The Rise of Urban Cities in Davao
As Davao’s premier business and lifestyle district, Abreeza is a complete city leisure haven of lifestyle, commercial, entertainment, and recreation spaces. It houses the Abreeza mall, which has over 300 anchor stores for dining and retail, as well as other key establishments such as Seda Hotel, Abreeza Corporate Center, and a host of multiple residential choices from Alveo Land.
With Abreeza, Davao offers a modern lifestyle of convenience, with everything you need all within a secure, exclusive, and walkable community.
Also located close-by are essential institutions such as the Davao Medical School Foundation Hospital and Metro Davao Medical and Research Center; schools like the University of Southeastern Philippines, Assumption College of Davao, and Ateneo de Davao University, and churches like the Redemptorist Church and Sacred Heart Parish. To be part of such a thriving modern estate like Abreeza signals the mark of positioning investments on the right side of growth. This opens up opportunities to invest in modern developments that align with the pace of Davao region’s progress.
Alveo Land introduces Modern City Lifestyles
Looking at choice residential options within this thriving Ayala estate, Patio Suites by Alveo Land and Accendo Commercial Corp is a two-tower residential condominium characterized by an iconic patio design. Nurturing settings for connection and recreation, it features a spacious outdoor leisure amenity area of pools cabanas, and multi-purpose green open spaces. This unique proposition mimics the feeling of a patio backyard, offering views that extend towards the whole estate.
Patio Suites offers studio to three-bedroom units ranging from approximately 26 to 109 sq.m. Enjoy a complete city leisure lifestyle in Abreeza that fully complements residential trends that will change the urban landscape.
For more information about Patio Suites and other Alveo Land projects in Mindanao, visit www.alveoland.com,.ph. The Alveo showroom located at the G/F Abreeza Mall is open for viewing by appointment.
Article and Photo originally posted by Business Mirror last September 30, 2021 and written by Anne Ruth Dela Cruz.
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