Bacolod: A Prime Destination For Property Investment
L-R: Ms. Christine Yusingco-Torre, Head of Megaworld Lifestyle Malls; Mr. Harold Geronimo, Vice President and Head for Public Relations and Media Affairs of Megaworld; Ms. Jennifer Palmares-Fong, First Vice President for Sales and Marketing of Megaworld Visayas; Mr. Joey Roi Bondoc, Research Director of Colliers Philippines; Mr. Martin Aguila, Senior Research Analyst of Colliers Philippines; and Ms. Jojie Viceo, Township Director of Megaworld Visayas
Bacolod City, known for its dynamic growth, is emerging as a major hotspot for property investments in the Philippines. According to Joey Roi Bondoc, Research Director at Colliers Philippines, Bacolod holds tremendous potential for property investment profits. Ranked 19th among the most progressive cities in the country, Bacolod is rapidly attracting the attention of investors, both local and international.
At a recent talk titled “Bacolod: VisMin’s Property Sweetspot,” held at Megaworld’s Upper East House, Bondoc emphasized that the city’s booming real estate sector is being fueled by remittances from Overseas Filipino Workers (OFWs) and the continuous expansion of the Business Process Outsourcing (BPO) industry.
Mr. Harold Geronimo, Vice President and Head for Public Relations and Media Affairs of Megaworld
Megaworld, one of the country’s leading developers, is contributing significantly to Bacolod’s transformation through its large-scale projects, including its flagship development, The Upper East. These projects are designed to meet the growing demand for residential and commercial spaces as more investors look beyond Metro Manila.
The city’s future growth is also supported by major infrastructure projects such as the Panay-Guimaras-Negros Bridge and the Bacolod-Negros Occidental Highway. These developments will not only improve connectivity but also further enhance Bacolod’s attractiveness as an investment hub.
Mr. Joey Roi Bondoc, Research Director of Colliers Philippines
With a rise in demand for properties outside of Metro Manila, Bacolod presents an ideal opportunity for investors seeking profitable ventures. Now is an opportune time to invest, as economic drivers like OFW remittances and planned infrastructure developments will continue to support the city’s growth.
