Growing Demand for High Rise Development in Central Business Districts Reflects Shifting Urban Lifestyle Trends

The skylines of Metro Manila's central business districts are rapidly transforming, due to an influx in construction activity. This surge reflects a well-documented trend, a growing demand for high-rise developments in the heart of the city. Real estate data analysts at Colliers note that this is an aftermath of the country’s continued recovery from the time pandemic-driven health restrictions were lifted two years ago. As economic activity opens again and upwardly mobile professionals resume their dynamic lifestyles, property seekers are drawn to high-rise developments that grant access to every essential need they have.

The Spectrum - The increasing demand for condominiums in CBDs reflects a shift in lifestyle preferences as more individuals seek convenience, connectivity, and urban environment.

City dwellers, in particular, are in search for modern living spaces. Real estate platform Lamudi cited key factors that are driving this shift in preferences. With more people reverting to on-site work or seeking opportunities in densely populated urban centers, condominium units are seen as a practical option for home buyers. They envision living in districts where they gain proximity to corporate hubs, retail destinations, public transport terminals, and other key infrastructure.

Vista Land, the Philippines’ leading integrated property developer, is keenly aware of these shifting demands in housing options. The company constantly ensures its readiness to meet the demand as home buyers pursue a safe and secure home within central business districts.
 
Among the areas that Vista Land has invested efforts in is Makati City. Recognized as one of the nation's financially secure urban centers, Makati features lively streets, upscale dining establishments, and a dynamic business landscape. Vista Land offers two exceptional living spaces within this area. One is  Laureano di Trevi Towers on Chino Roces Avenue, a short walk from Ayala Avenue,  while in the thriving business enclave of Salcedo Village is Salcedo Square.
 
Up north is Ortigas Center, close to major transport options like the Metro Rail Transit (MRT) and the Light Rail Transit (LRT). Nestled amid residential skyscrapers, Ortigas Center is home to vast commercial complexes and towering office buildings.
 
Two condominium developments in this area - The Currency and The Spectrum - are within walking distance from The Podium and EDSA Shangri-La Plaza. Rising right next to each other, these vertical developments cater to the evolving needs of the city dweller with top-of-the-line amenities that promote work-life balance.

Salcedo Square Lobby - Salcedo Square in Makati  allows convenient access to the district's bevy of establishments and attractions, complementing the fast-paced lifestyle of urban dwellers.

 
The Currency and The Spectrum characterize the best of Vista Land’s community-building concepts. Beyond creating a tranquil sanctuary to come home to at the end of the day, the company designed these with the specific aim of fostering lasting social ties among its residents. Shared spaces such as work and study rooms, gyms, and swimming pools inspire residents towards social interaction as they engage in productive and recreational activities.
 
Vista Land notes that the recent surge in demand for high-rise developments in CBDs confirms its alignment with the current market trends. The company furthers that as major Philippine companies resume their return-to-office policies, there is increased convenience for home buyers to transition into strategically positioned residences within bustling economic centers.

The Currency Lobby - Condo living has reshaped urban lifestyle trends by offering residents convenience, accessibility, and a sense of community.

Vertical residences for the Filipinos of today
Vista Land, the Philippines' leading integrated property developer, is committed to providing exceptional living experiences through its innovative residential developments. With a portfolio of groundbreaking projects across the Philippines, Vista Land continues to redefine the standards of modern living and create communities that inspire and enrich the lives of its residents.

For more information on Vista Residences, visit www.vistaresidences.com.ph, follow @VistaResidencesOfficial on Facebook, Instagram, and YouTube, or get in touch at (0999) 886 4262 and (0917) 582 5167.