A planned community, or planned city, is any community that was carefully planned from from the start and is usually constructed in a previously undeveloped area. Overcrowding, poor sanitation, and deteriorating living conditions are some of the reasons to decongest industrialized urban cities to new and well planned towns which has all amenities to be self-sufficient.
Most towns and cities in the Philippines developed from Spanish era settlements without proper urban planning. With the growing population in urban centers, there is a need to develop new towns in order to spread the development to undeveloped areas.
Master-planned communities in the Philippines are nothing new. In fact, Quezon City, one of the country’s biggest city and was once its capital, was a planned city by then President Manuel L. Quezon.
In recent years, the Philippines has seen real estate growth because its economy remained bullish and the inflow of dollars from OFW remittances. There are already several well-planned new communities throughout the county developed by top real estate developers.
Bonifacio Global City (BGC)
Bonifacio Global City (BGC) is one of the first planned growth center in the country. The entire district used to be part of the Philippine Army Camp but was developed in 1995 by Bonifacio Land Development Corporation (BLDC) in partnership with the Bases Conversion and Development Authority (BCDA). BGC now has business offices, shopping centers, churches, schools and hospital.
Megaworld is one of the pioneers in the Live-Work-Play-Learn township concept in the Philippines. The company introduced the successful large-scale, master-planned mixed-use developments such as Eastwood City in Libis, Quezon City; Newport City in Pasay; McKinley Hill, Forbes Town Center, McKinley West, and Uptown Bonifacio, all in Fort Bonifacio; Woodside City in Pasig; Iloilo Business Park in Mandurriao, Iloilo City; The Mactan Newtown in Lapu-Lapu City, Cebu; and the Davao Park District in Davao City.
The biggest development property of Megaworld in Manila is the 50-hectare McKinley Hill situated in Fort Bonifacio. McKinley Hill has over 4,713 condominium units in 34 residential condominium buildings, 482 residential lots, and close to 300,000 square meters of office space spread across 17 offices.
Property Company of Friends, Inc.(PRO-FRIENDS)
Pro-Friends is one of the fastest growing property developers in the Philippines. The company has projects in Iloilo, Pampanga and Cavite. By far, its biggest project is the Lancaster New City in Cavite which spans more than 1000 hectares covering Imus, Kawit, and Gen Trias.
The township project also make use of the Live-Work-Pay-Learn concept wherein it has residential properties, business offices, commercial centers, schools, and other amenities which make it self-sufficient. The company has affordable houses in Cavite from townhouses to single homes ideal homes for starting and growing families in Cavite.
Cavite is an ideal place to live since it’s a tourist hub, one of the most competitive cities in the Philippines, and accessible to Metro Manila via the CAVITEX. DOTC has also identified the Sangley Point as the site of the new main airport as extension of NAIA.
These are just some of the township projects in the Philippines and it looks like more will be developed in major cities in the country. The rise in the purchasing power of those working in the Buseinss Process Outsourcing (BPO) and dollar remittances from OFWs are major boost to the real estate industry. More Filipinos especially OFWs are recognizing that investing in real estate is a wise decision.
Below are other master-planned communities in the Philippines.
View Master-planned Communities in the Philippines in a larger map