ROBINSONS Land Corp.’s (RLC) residential unit RLC Residences said MIRA is positioned to profit from demand for housing near workplaces, schools, and transport links in Quezon City (QC).
The project, situated along Mirasol Street in Barangay San Roque, is designed to draw homebuyers looking for proximity to key establishments and each day conveniences, RLC Residences said in a media release on Thursday.
The corporate said accessibility stays a primary consideration for buyers, noting that proximity to workplaces, schools and industrial establishments is a key consider residential decisions.
It added that reduced commuting time is increasingly becoming a priority for urban residents.
MIRA is being offered as a pre-selling condominium development, with completion targeted by 2030.
The event is situated near key industrial and transport hubs in Quezon City. These include Ali Mall (about 200 meters), SM Cubao (1.2 kilometers), and the Araneta City Bus Port (around 900 meters), in addition to rail links equivalent to LRT-2 Cubao (1.4 kilometers) and MRT-3 Cubao.
Additionally it is situated near major educational and medical institutions, including the Technological Institute of the Philippines (about 200 meters), Ateneo de Manila University (2.4 kilometers), University of the Philippines Diliman (5.6 kilometers), and World Citi Medical Center (800 meters).
The project is predicted to profit from upcoming infrastructure developments equivalent to the MRT-7, which is predicted to be operational by 2027, and the Metro Manila Subway, targeted for completion by 2032, that are seen to enhance connectivity in the world.
RLC Residences said Quezon City stays attractive to each end-users and investors as a consequence of its central location and access to multiple business districts.
The developer also cited sustained rental demand in the world, particularly for residential units situated near schools, universities and industrial establishments, making such properties viable for leasing.
“Our primary goal is to have the unit rented out… We’re on the lookout for something that may appreciate and eventually turn out to be a source of passive income,” Patty Yu, who purchased a unit at MIRA together with her husband, was quoted as saying within the press release.
Colliers Philippines has cited Quezon City’s strong economic fundamentals and enterprise base as supporting long-term residential demand. — ALB