Sonria: Owning a piece of Alabang
The location of a property determines its appreciation value. A real estate property in Alabang, for instance, is cited as a viable investment decision because of its potential to increase in prices.
Sonria, the latest project of Stonebridge Corp. in partnership with GeoEstate Development Corp., is situated at the progressive Madrigal Business Park in Ayala Alabang. It is an excellent addition to an investor’s real estate portfolio because it takes the address of Alabang, which property experts name as one of the ideal districts for its livework-play viability.
With its enviable address, Sonria’s property value is expected to rise in the near future, benefitting not only its end-users but also those who bought a unit as investment.
“Sonria is both for endusers and investors. It is for people who want to live in Alabang and for those who want to earn income from rental and price appreciation,” said GeoEstate chairman and CEO Francisco H. Licuanan III.
In a recent report, Colliers International said that land prices in Alabang is rising, with a 4.6 percent quarter-on-quarter growth that was equivalent to P23,000 per square meter for the first quarter of 2016 alone.
Spurring this increase in property value are the numerous infrastructure projects taking place. Most anticipated is the completion of the Cavite– Laguna Expressway (CALAX) and the Laguna Lakeshore Expressway Dike — road networks that are predicted to help ease traffic congestion en route to the south of Manila.
Alabang is also continuously evolving from a low-density residential district to a progressive high-density urban center where central business districts are within close proximity to residential and commercial areas.
“We have seen it in Makati and in Ortigas. It is going to happen in Alabang,” added Licuanan, a real estate veteran.
Sonria investors and homeowners can take advantage of Alabang’s lifestyle conveniences as the lines dividing hobbies, leisure and enterprise blur into a continuum of lifestyle options that are just a stone’s throw away.
Within a five to 10-minute drive from the condo are retail hubs, supermarkets, places of worship, venues to shape up and tee off, luxury hotels, and hospitals. Also within two to three kilometers are learning institutions, auto hubs, popular restaurants, and coffee shops.
Also in the proximity, actually within five kilometers from the development, is the Molito dining hub which features restos unique to the South like Ramen Yushoken, Santis El Molito, and Wooden Horse Steakhouse, among the other mainstream restaurants and cafes.
Moreover, Alabang is only a 30minute car drive via the South Luzon Expressway going to the Makati Central Business District and Bonifacio Global City. It is also neighbor to Laguna and Cavite — provinces that each have their own booming industrial, commercial, and real estate landscapes.
Aside from the prime location, families, young couples, yuppies, and empty nesters appreciate Sonria’s amenities, security, and privacy. The exclusive vertical community provides smooth transition from owning a village house to condominium living by echoing the laidback and close-knit atmosphere of the former.
Sonria also appeals to foreign executives or expats of multinational companies with factories located in industrial estates down south of Metro Manila. Lease or rental earnings from this market niche is attractive and is a great source of passive income.
Buyers can choose from options of one-, two-, three-bedroom and penthouse suites. The model unit can be viewed at the Sonria Pavilion at Industry corner Finance Streets, Madrigal Business Park, Ayala Alabang, Muntinlupa City.