The north is now the “in” since Metro Manila and its neighboring areas are highly saturated. Among these “in” locations is Pampanga. Why is it so “in”? Primarily because of the Diosdado Macapagal International Airport nearing its stage of becoming the premier international airport, which could mean the rise of Pampanga’s economy, business opportunities, tourism and, job opportunities as well. This could benefit not only the investors who are on the lookout for good real estate investment, but also people who are eyeing on suitable housing to fit themselves and their families.
If you still need some more reason why you should invest in the real estate of Pampanga, especially Angeles, then you should continue reading.
Pampanga in part has seen growth in the past decade with the influx of major businesses expanding to this new growth center wherein Pampanga is part of “W growth corridor”.
Road developments and upgrades from SCTEx and McArthur Highway have been ongoing since early 2009. The Clark Special Economic Zone turned into Clark Freeport Zone in 2010. Sabah Al-Ahmad Global Gateway Logistics City inside Clark Freeport Zone, which is estimated worth at US$ 3 Billion from Kuwait. The facility is currently undergoing construction and development. The business park in this zone may be fully operational in the next five to seven years.
Real Estate properties values have increasingly jumped over the past few years brought about by businesses and infrastructure development and sudden migration of residents from Metro Manila to neighboring provinces such as Bulacan, Tarlac, and Pampanga which is a striking distance in the National Capital Region which is an hour and a half ride via North Luzon Expressway.
Because of the continuous rise of passengers in the Clark International airport or also known as Diosdado Macapagal International Airport (DMIA), nearby cities to the airport such as Angeles and Mabalacat. This is a good reason to invest in properties, especially near the airport area.
Lastly, is the tourism in Pampanga. The construction of the largest water theme park in the Philippines on Clark boosts the real estate property prices in Angeles.
The Clark Freeport Zone has been undergoing rapid industrialization and companies moving on, it is the reason why property prices in Angeles City are skyrocketing.