The development also feels a million miles from the area’s previous life as a military base camp, first for the imperial Spanish and then the Americans. In these areas, slow-crawling traffic edges down clogged streets dotted with shanty towns. This compares to prices in other notable districts which reach a maximum of $2,600, ensuring Bonifacio is one of the most expensive areas in Manila.įor sure, the tree-lined boulevards of Bonifacio are a stark contrast to the city’s poorer districts.
Property value in the surrounding area has shot up as a result of the development.Īccording to global property consultant Jones Lang Lasalle, prices for residential units in the district have shot up to around $4,300 per square meter. “They went to Paris, they went to Singapore, to New York and other places where they feel the master planning was correct. “The original people who conceptualized Bonifacio visited several great cities,” Blas says. Blas, head of commercial operations at the development that will sit in the heart of Manila’s financial district, says there’s a dash of the world’s greatest cities in Bonifacio’s design. A former military base for foreign and Filipino forces, Bonifacio has long seen a mix of nationalities.
0 kommentar(er)
