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.    

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J. P. Laurel Avenue: A Stretch of Bonanza
by PRIME Philippines Research & Advisory  November 21, 2018
J. P. Laurel Avenue: A Stretch of Bonanza

  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...

Boracay: What's Next?
by PRIME Philippines Research and Advisory  October 31, 2018
Boracay: What's Next?

Have you been in one of those crazy, booze-filled and jam-packed Laboracay parties? If yes, good for you! If you haven’t been in any, you just missed the last one from last year. The rehabilitation of the once-labeled cesspool Boracay has gained mixed opinions mostly coming from the local businesses, the hopeful natives and the regulars of the country’s top tourist destination. With the reopening of this New Boracay last October 26 and the continuous improvement and regulation of the island, people ask: “Now, what?” To answer that million-peso question, here are some exhibits to guide us in assessing the...

Why Should Offices Be Ergonomic?
by PRIME Philippines Office Markets  October 3, 2018
Why Should Offices Be Ergonomic?

In a previous article, essentials in making an office ergonomic were detailed. While the article painted a clear picture on ergonomic features and the benefit of employees, looking at the benefits of the company is also essential. Investing in a quality office space is more than just additional fit out costs. The additional cost can translate to gains in company bottom lines and prove to be a fair exchange of short-term cost to long term benefit. With that in mind, here are P.R.I.M.E perks that make an ergonomic office worth the investment: Productivity Growth Efficiency in the execution of daily...

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...

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