Katipunan Avenue: The Jewel of Quezon City

by PRIME Philippines Research and Advisory Group  March 21, 2018

 

Quezon City has its own version of university belt – boasting with soaring residential skyscrapers, jampacked commercial establishments, first-rate residential subdivisions and world-class educational institutions, that is the Katipunan Avenue. Today, this long stretch from the Temple Drive to Tandang Sora is a gem sought for by property giants and the opportunity to ride this train of progress is still open to people looking for the best place to put their investment in. What makes this place so great, you say? Listed here are the top reasons why Katipunan is the perfect place to be for your first business venture and your next expansion.

 

Striking consumer demand

Katipunan Avenue is not just a home to several known universities and residential communities but also to a wide-range of commercial establishments – from convenience stores to supermarkets to Ayala Malls. With this, inventory turnover is definitely not a problem to retail establishments. Food parks, as well as standalone concept stores, are also a hip right now in this area given the growing demand from the millennial market. High-rise condominiums are also lined up along the stretch, increasing the consumer demand and consequently, the volume of trade activities in the area. This population level is expected to increase even more due to the surge of high-rise developments in the area.

 

Growing land values

With an average of 30% - 40% year-on-year growth in commercial land investment, Katipunan places investors and developers in a bliss of snowballing investment or income-generating properties. Due to the increasing demand from the existing schools and residential developments, paired with the high vehicular traffic along the avenue, this growth is expected to be sustained in the coming years. Even the property giants SM and Ayala have seen the growing potential of the location while establishing anchor developments stirring both consumer and investor confidence.

 

Key access point in the metro

Katipunan Avenue, a 9-lane segment of a long circumferential road C-5, branches out to major thoroughfares in the city such as Tandang Sora which consequently leads to Commonwealth Avenue, one of the busiest roads in the metro. Katipunan Avenue also leads vehicles to Aurora Boulevard, an access point to Marikina City and province of Rizal. Not to mention its access to the Eastwood City, Katipunan is unsurprisingly taken by vehicles and commuters to go to various location in the metro.

 

Indeed, Katipunan Avenue offers attractive opportunities for both investors and developers alike. May it be a high-rise office development with retail component or a competitive vertical residential development, this place has nothing to offer but success and sustainability. Why not start now and grab it while it’s hot!

 

PRIME Philippines, the fastest-growing commercial real estate service firm, can help you out with investment and leasing solutions. The leading consultant and a perfect place to be – a combination that suits your next business venture perfectly well. Check us out: https://www.primephilippines.com.

 

 

Tags