J. P. Laurel Avenue: A Stretch of Bonanza

PRIME Philippines Research & Advisory • November 21, 2018

 

Ever dreamed of owning a building? Being your own landlord, having your own commercial space, plus enjoying all the advantages of it. Imagine having it in a CBD – even better, yes?

In the center of Davao City lies J.P Laurel Avenue - the Ayala Avenue of Mindanao. Even if it still has a long way from its counterpart, the upcoming years spark a positive light upon the region.

 

WHY INVEST IN J.P. LAUREL AVENUE?

Known as the most commercialized stretch in Metro Davao, J.P. Laurel houses major commercial developments such as SM Lanang, Abreeza Mall, GMall, Damosa Gateway & Azuela Cove.

Being 15-30 minutes away from the international airport, the course of J.P. Laurel benefits from the booming Meetings, Incentives, Conferences, and Exhibitions (MICE) Industry of Davao City. Hotels along this avenue are the top-of-mind destination where people – domestic or international visitors - can hold their event or check-in for a vacation.

The diversity of the present food and beverage establishments, retail services, and financial institutions in this highway makes it more attractive for the locals and tourists.

As the main commercial destination in the city, there is an ease of access from one point to another. Being a major thoroughfare, the availability of different modes of transportation can be expected, such as commuting going to and from key locations in Matina, Poblacion, and Buhangin. 

 

OPPORTUNITY AWAITS

Along J.P. Laurel Avenue, leasing opportunities are at a promising stance with high tenancy of 87% for office sector. Moreover, demand for accommodations and residential units catering to the growing population and tourism volume in the city is another main feature of the avenue.

The presence of well-known hotels, malls, residential condominiums, and office developments along with its accessibility to and from the airport sets J.P. Laurel as the most frequented location in Davao City, whether for events, business, or even leisure. Hence, making the current and future establishments not just survive but thrive in this progressive highway of the Mindanao region.

This vast opportunity awaits future investors - a significant potential for growth is just along the stretch of J.P. Laurel. Gone are the days that we hoped we owned more Ayala Avenue properties because now we have the chance to do so with investing in the Ayala Avenue of Mindanao.

 

 

Tags:
JP Laurel Avenue, Davao City, Ayala Avenue of Mindanao, most commercialized stretch in Metro Davao, opportunities in JP Laurel Ave, why invest in J.P. Laurel Avenue, PRIME Philippines, PRIMEph, PRIMEillennial, RealEstateMadeEasy
PRIME Radar logo

Get the latest real estate insights, events and news from our newsletter

Our Expertise

Whatever your real estate service needs may be, our expert team of dedicated professionals will deliver value beyond your expectations.

Find a Property

Browse our offered available properties. We have lots or spaces that suit your requirements.

Industry Insights

Secure your competitive edge with our insights spanning various industries and competencies.

Book a Consultation

Unsure about what you need? We can help.

Social Media

Talk to Us

For general inquiries:

[email protected]

For client concerns:

[email protected]

Recruitment and hiring concerns:

[email protected]

Press and public communications:

[email protected]

MANILA

Ground Floor, Pacific Century Tower #1472 - 1476, Quezon Avenue South Triangle, Quezon City, Philippines

DAVAO

Fourth Floor, Topaz Tower, Damosa I.T. Park, J.P. Laurel Avenue, Lanang, Davao City, Davao Del Sur, Philippines 8000

CEBU

Regus - Cebu, Park Centrale, 5th Floor, Park Centrale Building Jose Maria del Mar St, cor Abad St, Cebu City 6000

© 2013 - 2020 PRIME Philippines. All Rights Reserved.