SMDC’s Trees Residences makes the most sense for young real estate investors
When buying a condominium, a potential buyer often does so for two reasons: to live in the apartment or to rent it out. For many of these buyers, the purchase is viewed more as an investment as they can in turn rent and earn the unit while enjoying the appreciation of the property. This seems to be the case with younger people who are starting to invest in real estate.
“Most condominium buyers are between 30 and 45 years of age, according to interviews with various agents,” said Catherine Reformado, Associate Director-Research Division of Leechiu Property Consultants. “These are either start-up families (first-time home buyers) or investors (unit for rental). There are also younger millennials (under 30 years of age) who buy for their own use, but mainly those in the price range from 2 million to 4 million PHP. “
SMDC’s Trees Residences are an 8.3 acre Masterplan-planned community in the thriving Novaliches neighborhood of Quezon City
For the younger millennials who have just entered the labor market, Leechiu research shows that they are generally first-time home buyers looking for places that are accessible to their place of work. Reformado adds: “They want a unit that is close to everything and still affordable.” Renting out an apartment and generating passive income is also interesting for these buyers, according to Reformado.
“There is greater market awareness,” she adds of this generation of property buyers. But she is well trained to know how important it is to 1. invest young, 2. liquidity and 3. secure your own future. Reformado points out that “Real estate is just one way of increasing wealth and generating income with secure growth in value. That’s why they save money early on in their careers to buy a property. “
The hotel-style lobby of the Trees Residences with its individual furnishings offers a warm and stylish welcome for its residents and guests
One of the properties owned by SM Development Corporation (SMDC) meets these requirements that Leechiu speaks of and that appear as an answer to the investment opportunities that the new generation of property buyers are seeking. SMDC’s Trees Residences are strategically adjacent to shopping malls, schools and offices while offering a safe, healthy and comfortable lifestyle
In terms of accessibility, two stations on the soon-to-be-completed MRT 7 line are only a few meters away from the Trees Residences. The train line connects to the North Triangle Common Station, where transfers can be made to the LRT 1 Line, MRT 3 Line or the Mega Manila Subway, which leads to Makati, Ortigas, BGC, the MOA Complex and the Ninoy Aquino International Airport terminals. This connectivity is seen as important by the young real estate market when choosing a real estate investment.
At the heart of SMDC’s Trees Residences is a resort-inspired leisure area with pools, lounges and event spaces. The community also has a multi-purpose basketball court and lush linear parks
SMDC’s Trees Residences are also located near SM City Fairview, which is home to a National University campus and offices of multinational BPOs. The proximity of these facilities makes the Trees Residences from SMDC a lucrative and highly rentable investment.
As more and more millennials and the next generation are leaving their mark on the workforce, it is only natural that they take notice of properties to buy, be it for their own living needs or to convert them into future investments. For either option, these individuals need look no further than SMDC’s Trees Residences to meet their rigorous investment qualifications.
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