MANILA, Philippines - Beyond pleasing aesthetics, Monarch Parksuites of luxury property developer Anchor Land Holdings Inc. is shaping up as a good investment bet. Situated in the middle of the country’s newest tourism capital, the development has the potential for sizable returns as it puts its residents at the nucleus of a booming commercial district.
Lodged between the established Bay City and the up-and-coming Entertainment City, Monarch Parksuites allows its residents within mere walking distance to establishments in Pagcor’s Entertainment City and the SM Mall of Asia complex.
Entertainment City is expected to play a vital role in redefining the reputation of Metro Manila in the global arena, making the Philippines a premier tourism destination in this part of the world.
Dubbed as the country’s most ambitious tourism project, Entertainment City will soon be the Philippines’ strongest commercial district. Around 250,000 people will be working within the area in the next five years, and about 10 percent of that number will be foreign nationals.
Monarch Parksuites is also just minutes away to schools, government offices, and transportation facilities, including British International School and the Ninoy Aquino International Airport.
Inside, Monarch Parksuites is teeming with facilities and amenities that compete with the excitement of its location. Its amenities cover an area of over 8,000 square meters. It boasts of an Olympic-sized pool, a gourmet dining suite, media room, gym, billiards room, and reading room. Outdoors, it has a tennis court, basketball court, landscaped parterre, sunken garden, barbecue deck, and children’s play area.
“Without a doubt, owning a unit in Monarch Parksuites is a great investment, whether you want to live in it or rent it out,†said Elizabeth Ventura, president of Anchor Land. “There is an increasing demand for residential and commercial space in the area, which creates a great opportunity for high rental income as many are eager to live within this much coveted and extremely strategic location.â€