J. P. Laurel Avenue: A Stretch of Bonanza

by PRIME Philippines Research & Advisory   November 21, 2018

  Ever dreamed of owning a building? Being your own landlord, having your own commercial space, plus enjoying all the advantages of it. Imagine having it in a CBD – even better, yes? In the center of Davao City lies J.P Laurel Avenue - the Ayala Avenue of Mindanao. Even if it still has a long way from its counterpart, the upcoming years spark a positive light upon the region.   WHY INVEST IN J.P. LAUREL AVENUE? Known as the most commercialized stretch in Metro Davao, J.P. Laurel houses major commercial developments such as SM Lanang, Abreeza Mall, GMall, Damosa Gateway & Azuela Cove. Being 15-30 minutes away from the international airport, the course of J.P. Laurel benefits from the booming Meetings, Incentives, Conferences, and Exhibitions (MICE) Industry of Davao City. Hotels along this avenue are the top-of-mind destination where people – domestic or international visitors - can hold their event or check-in for a vacation. The diversity of the present food and beverage establishments, retail services, and financial institutions in this highway makes it more attractive for the locals and tourists. As the main commercial destination in the city, there is an ease of access from one point to another. Being a major thoroughfare, the availability of different modes of transportation can be expected, such as commuting going to and from key locations in Matina, Poblacion, and Buhangin.    OPPORTUNITY AWAITS Along J.P. Laurel Avenue, leasing opportunities are at a promising stance with high tenancy of 87% for office sector. Moreover, demand for accommodations and residential units catering to the growing population and tourism volume in the city is another main feature of the avenue. The presence of well-known hotels, malls, residential condominiums, and office developments along with its accessibility to and from the airport sets J.P. Laurel as the most frequented location in Davao City, whether for events, business, or even leisure. Hence, making the current and future establishments not just survive but thrive in this progressive highway of the Mindanao region. This vast opportunity awaits future investors - a significant potential for growth is just along the stretch of J.P. Laurel. Gone are the days that we hoped we owned more Ayala Avenue properties because now we have the chance to do so with investing in the Ayala Avenue of Mindanao.    

Read More
Real Estate Insights
Question and Answer
Success Stories
Diamond in the Rough: A minor setback but a positive outlook for Davao City real estate
by PRIME Philippines Research and Advisory  September 19, 2018
Diamond in the Rough: A minor setback but a positive outlook for Davao City real estate

  This article was published on September 17,2018 by Davao Edge. This article was a contribution of PRIME Philippines to the newspaper and the city of Davao, providing insights on the real estate sector of the city.   Although known for its resiliency, natural resources, and rich culture, a year of martial law in Mindanao had various effects on the King City of the South. Last year, when the president decided to implement martial law due to a national security emergency, martial law garnered varied reactions from different stakeholders in Mindanao. In a study released by PRIME Philippines last year...

A Vacation Like No Other: The Continuous Rise of Staycations

 Staycation  (n.)  stay·ca·tion  \ s t?-k?-sh?n \ - a vacation spent at home or nearby - your knight in shining armor   Staycations… it’s like that breath of fresh air you’ve been looking for after traversing the metro, that oasis in the middle of the desert or that light at the end of the tunnel… That is before you have to go through the metro, desert, and possibly another tunnel once again. You’ve been climbing a mountain of work all week and you actually reached the peak only to realize that there’s another peak to reach. A chance to refresh and prepare...

Korean Food Craze: The Wave of KBBQ Restaurants in the Metro

G-Dragon. EXO. Boom Boom. Goblin. Lee Min-Ho.     Inner fanboy/girl triggered? These Korean fandoms have undeniably invaded the Filipino popular culture and taken us by storm. From our playlists and binge-watching series, down to our lingos and beauty goals, our pop culture has latched on to the craze of the Hallyu - the wave of Korean entertainment and culture - which has propelled a new kind of cultural sensation and fanaticism to anything “Korean” among the Filipino masses.     And now, with much success in media, entertainment, and lifestyle, the Korean buzz is conquering our taste buds and gearing the uptrend towards the food retail business. It is...

Full Steam Ahead: PRIME Philippines Accurately Foresees Industrial and Manufacturing Boom
by PRIME Philippines Marketing and Communications Department  June 14, 2018
Full Steam Ahead: PRIME Philippines Accurately Foresees Industrial and Manufacturing Boom

Being effective forward thinkers entails having a strong sense of present conditions and an even stronger ability to interpret these in order to accurately picture what future trends will be. As a leading real estate consultancy firm, PRIME Philippines is at the forefront of identifying key shifts and significant movements in the industry. This puts us in the best vantage point to fine-tune our services in order to provide the most innovative and sound solutions; anticipating opportunities that will be beneficial to our clients. Two years ago, PRIME Philippines Founder and CEO Jet Yu spoke at several real estate forums...

Subscribe to get our weekly newsletter directly to your inbox.