26 June 2014|
Now is a great time to invest in Bacolod lots for sale, particularly in premier real estate developments like the Oasis Subdivision which is owned by Dynamic Properties and Realty Corporation. Why? Because the local economic climate is so buoyant that market watchers predict real estate value could steadily increase in subsequent years. This means that the house and lot you purchase now could be very well more than twenty percent its original value in just a couple of years.
Here are the top three reasons on why it is such a great time to invest in Oasis Subdivision Bacolod City lots for sale:
1. According to the Real Estate Brokerage Association of the Philippines (REBAP) Bacolod City chapter, for the past two years, the prices of Bacolod houses and lots for sale have remained a bit stagnant. However, during the early part of 2014, the prices began to show signs of appreciation, particularly when reports about new investments coming to Bacolod City started pouring in. Last month, real estate prices began to slowly rise and are seen to remain in such condition for the next couple of years. For many real estate brokers, the time is ripe for anyone to consider investing and acquiring Bacolod City houses or lots for sale. This is because their investments could readily appreciate in just a couple of years.
2. When talking of long term buy and hold strategies, acquiring a Bacolod City house and lot for sale, like those available in Oasis Subdivision in Brgy Mansilingan, is a smart move because the National Statistics Office estimate that Bacolod City, and the rest of the province of Negros Occidental, is among the areas in the country with increasing migration rates, which is perceived to continue for the next five years or so. This means that individuals and families from provinces in Luzon or Mindanao will continue their exodus and settle in Bacolod City, or other areas in the province, thereby increasing the demand for more houses and lots. The NSO also estimated that by 2016, Bacolod City would be one of the most populous cities in the country, with the increase in population mostly attributed to migrants from other provinces.
So if you are looking for a suitable investment, you better be aware of the fact that people are moving to Bacolod City and will continue to do so year after year, and these migrants will need houses and lots to rent or purchase. If you invest in Oasis Subdivision now, there is a big chance that you can readily sell them in the near future at a really tidy profit for you.
3. Interest rates are at an all time low, translating into more purchasing power for buyers or investors of houses and lots for sale in Bacolod City. The low interest rates in combination with government housing programs, like the Bankers-Builders-Buyers or BBB, which is being implemented through the Home Guaranty Corporation (HGC), a government-owned-and-controlled-corporation (GOCC) mandated by law (Republic Act 8763) to promote sustainable home ownership by providing risk coverage, help in increasing the eligible pool of homebuyers in Bacolod City.
While it is true that capital may not be readily available for some homebuyers, the fact remains that there is substantial funding and help available through government agencies like the PAG-IBIG fund or the HGC for those who are eligible to benefit of such funds. If you are one of those eligible for help or funding under some government agencies, you might want to consider acquiring one of the Bacolod City houses or lots for sale in Oasis Subdivision and make them an investment that you could readily convert into profit when the time comes.