Many experts forecast that Central Luzon will become the next hot property market in the Philippines. The benefits of Build, Build, Build indicates that this will be an area to watch in the upcoming years. Recent data from Colliers International demonstrates that investors are now taking notice of Pampanga as one of the best places to invest.

8 Reasons to Invest in a Property in Pampanga

Aside from getting away from the hustle and bustle of the city, here are the top reasons why Pampanga is the ideal place to invest in:

1   Accessibility to NCR, Central, and Northern Luzon

The Metro Manila Skyway 3 was recently completed and now links Pampanga with Metro Manila in less than two hours. Moreover, Pampanga is also easily accessible via the Northern Luzon Expressway (NLEX), Subic-Clark-Tarlac Expressway (SCTEX), MacArthur Highway, and Jose Abad Santos Avenue make traveling throughout Central Luzon convenient.

2   Clark International Airport

In light of Clark International Airport's position as a parallel or perhaps an alternate main airport to NAIA, settling in Pampanga will provide easy access to travel. This airport serves both local and international flights daily, and it's less congested than Ninoy Aquino International Airport (NAIA).

However, what makes it stand out is the new Clark International Airport terminal, which is a catalyst for growth in Central Luzon. Terminal 2, one of the many major infrastructure projects under the "Build, Build, Build" program, should increase Clark airport's capacity threefold.

3   Promising Future Developments and Excellent Existing Infrastructures

Probably the most valuable asset for investors in Pampanga is its current and upcoming infrastructure projects. Four TV stations and several radio stations and news publications operate in the province today. 

Following the government's rapid implementation of its "Build, Build, Build" program, the province has seen many infrastructure projects in the sectors of transportation, information technology, and real estate. City civic center, Eco Park, tourism road, and others are among future developments.

One of the major transportation projects underway in Central Luzon and the Clark Freeport Zone is the PNR North 1 line. The mass transportation railway will reduce travel times by connecting Metro Manila to Clark International Airport and New Clark City.

4   A Hub for Quality Education

Growing numbers of institutions of higher education have established themselves in Pampanga. St. Scholastica's Academy, Angeles University Foundation, Holy Angel University, Our Lady of Fatima University, RCC Colegio de San Rafael, Colegio De Sebastian, New Era University are some of the top schools in the province. 

There are also several vocational schools in San Fernando City, including TESDA Public Employment Office Training Center, La Plata Science and Technology, Inc., and Emmanuel John Institute of Science and Technology.

Quick Facts

• Amidst the 1991 Mount Pinatubo's eruption, Pampanga has adapted to become a thriving economy in Central Luzon. In the years following that tragic event, Pampanga has developed into one of the country's economic hubs.

• About 60 percent of the residents of San Fernando are middle class, which means their purchasing power is relatively high. As most buyers come from the middle class, there is no wonder the city is home to many shopping malls and well-known retailers.

5    A Plethora of Thriving Industries

Located strategically, the city's business and living conditions are flourishing. Consequently, foreign and local investors have the opportunity to engage in a variety of business activities in the province. The future landscape of Clark Freeport is being shaped by international chains like Marriott, Sunvalley Hilton, and Aqua Planet.

Agribusiness, industrial, and commercial industries are three major industries in Pampanga. It is known for its abundance of fresh produce, including sugar, rice, root crops, poultry, and livestock.

In addition, many large factories are located here, such as the Pampanga sugar mill, San Miguel food processing plants, Coca-cola bottling, and Universal Robina. Several meat processing plants operate in the province, namely Pampanga's Best, Mekeni, and Tita's meat products. Furniture making, textile, and pottery are also present.

6   Numerous Job Opportunities

Economic vitality is one of the province's strengths. Its main priority is to boost employment for locals by growing businesses and increasing investment. The city's manufacturing, financial, service, retail, and other industries provide residents with steady employment opportunities.

7      Rich Cultural Heritage

Pampanga has an abundance of both cuisine and cultural heritage. Known as the "Christmas Capital of the Philippines," one of its highlights is the Giant Lantern Festival in San Fernando, which both locals and tourists enjoy. Pampanga also has other tourist-attracting activities such as Clark's Hot Air Balloon Festival, Frog Festival, and Holy Week Crucifixion Rites.

Furthermore, Pampanga is also known as 'The Culinary Capital of the Philippines', home to the best Filipino chefs and the famous sisig. So, if you're looking for great food, there are endless options for you.

8    Increasing Tourism Potential and Fun Attractions

Along with its vibrant nightlife, Pampanga also offers adventures that are wonderful for spending time together as a family or with friends. Its attractions include the SandBox amusement park, Fontana Water Park, Dinosaur Island, Paradise Ranch, Zoocobia, and some historical destinations. Those who enjoy nature and hiking should visit Mt. Pinatubo. Aqua Planet, Asia's largest water park, is also located here.

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Source: https://www.propertyking.ph/heres-why-its-good-to-invest-in-a-property-in-pampanga