Urban planners are seeing a rise in the demand for affordable properties in strategic locations such as Marikina City, as economic activities in the country resume slowly.
“Marikina City offers an ideal living environment. Its proximity to Quezon City and Pasig City makes it easy for residents to go around the metro for work, school, or entertainment once life returns to normal. I is detached from the hectic pace of its neighboring cities and close enough to the natural and man-made attractions of Rizal, Laguna, and Quezon for a quick getaway,” said Gilbert Berba, urban planning head of real estate developer Federal Land Inc.
Nearby are IT centers, a thriving manufacturing industry, several well-known shopping malls, and popular food hubs within the city itself. Prestigious educational institutions such as the University of the Philippines, Ateneo de Manila University, and Miriam College are also in close proximity.
Because of these factors, developers are taking advantage of Marikina’s prime location to provide young people with their own homes complete with modern amenities and an assurance of a solid investment for the future. Property value–especially pre-selling condominium units–appreciates over time, making it a wise investment.
Seeing the escalating demand for affordable properties in Marikina City, Federal Landhas put up master-planned communities that would cater to the needs of the price-conscious market.
“We are seeing a growing demand for reasonably-priced condominium units outside of densely populated areas but are still within Metro Manila, and this trend is expected to continue,” said Berba.
Rising in Marquinton drive on Sumulong Highway, Siena Tower is a part of the vibrant master-planned community complete with shopping centers, office spaces, and well-thought amenities. It is part of Federal Land’s efforts to build communities at the heart of Marikina to help increase the city’s homeownership rate and income potential.
Siena Towers is strategically located to be a starting point for activities within and outside of Marikina. It is connected to roads that lead to hang-out places like food strips, museums, specialty stores, artisan shops, and malls.
It features outdoor and indoor facilities such as adult and children’s swimming pools, landscaped garden, jogging path, open pavilion, children’s play area, gazebos, gym, daycare, game room, karaoke room, function room, shower/changing rooms, and lounge.
Homeowners will also feel safe and secure with the presence of an automatic fire suppression system, fire detection alarm system for common areas, standby power generator, 24/7 building security, building lobby and reception area, and CCTV in the ground floor lobby area, elevators, and re-entry floor (every four floors).
Siena Towers is set to launch its second building soon.
