9 Reasons Why You Should Invest in a Commercial Property in BGC
Bonifacio Global City (also known as BGC or The Fort) continues to take a rapid turn as the fastest growing Central Business District (CBD) in the region. With infrastructures and residential developments popping left and right, more and more investors are seeing the global potential this booming financial district has to offer.
Just like bees are attracted to honey, investors and entrepreneurs are drawn in when they see great opportunities. If it’s still unclear to you why your business should be set up here…
Here are 9 reasons why you should invest in a commercial property in BGC:
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Location
The master-planned city is basically in the middle of everything. Nearby business districts such as Makati and Ortigas are just 5-10 minutes away. It’s no wonder various local and international corporations and offices have set up headquarters here.
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Accessibility
Getting to work is no problem in BGC because major roads of Metro Manila are highly accessible. It’s linked to EDSA and C-5, and can be accessed through Kalayaan Avenue from the north, the Kalayaan Flyover from EDSA and Makati, the Airport through the Villamor Air Base from the south, the C-5 Highway gates form the east and McKinley Road from the west.
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Safe and Secure
You can leave your worries behind once you step out of your home or office because BGC provides full-time round-the-clock security. They range from the obvious spick-and-span guards at Bonifacio High Street, who seem to know the location of every single store and restaurant in BGC, to the roving guards on motorcycles dressed in civilian attire.
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Clever City Planning
No need to bring a pair of slippers or rain boots to work because BGC is well-known for being flood free, all thanks to the Burgos Circle flood water tank. This five-story structure stores all the floodwater and then pumps it into creeks that flow into the bay. There’s also an underground liquefied petroleum gas piping system that distributes gas to homes. Cables for electricity, telephones, video and data applications run underground as well. By having this set up, the superb beauty of BGC’s skyline is preserved.
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Round the Clock Power
Power interruptions aren’t a problem in BGC because buildings are supplied with backup power. This is highly favorable especially to BPO companies since they operate 24/7. Having no electricity and active systems for just a few hours can cost the company thousands of dollars.
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Lower Rental Rates
BGC’s average asking rental rates for Grade A buildings is at Php 708/sqm to Php 1,000/sqm and Php 18,500/seat to Php 20,000/seat for seats in serviced offices. Makati’s rates are considerably higher at Php1,027/sqm to Php1,200/sqm. This is another reason why many companies with offices in Makati and Ortigas would most likely also find a home in BGC.
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More Options
BGC has more available space for rent or sale and most of these are found in new buildings such as SM Aura Office Tower, RCBC Savings Bank Corporate Center, Ecotower, and W Fifth Avenue.
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Low Tax Rates
Taguig City’s tax rates are much lower than the other neighboring cities, making it a very competitive place for business.
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A Green Appeal
After a long day at work, a stroll in BGC is definitely a feast for your senses as you walk through large swathes of greenery. These open spaces and community parks are perfect for dog-walking, picnics, and fitness activities.
Bonifacio Global City is truly an ideal place to invest in. With an environment that balances work with leisure, it’s not just another financial district on the rise. It’s a booming business oasis that has arrived.
Did we miss any reason why BGC is a great place to invest a commercial property in? Share it with us in the comment section.
Looking for an office or commercial space in BGC? Contact us now and we’ll help you find the perfect spot.