For Sale A Cornered, 2-Car Garage and Furnished House at Lipa City, Batangas
The for sale cornered 2-car garage furnished house & lot is located at Sakura Village which is beside Jose Rizal CollegeThe District where Sakura Village is situated in one of Lipa City' urban expansion caused by the combined economic influences of Jose Rizal College, New Era University, Metro Lipa Hospital, Citi Hardware, Jollibee, S & R, Lipa Major Seminary, University of Batangas, LiMA, Balete STAR Exit, etcA Php 12,000/sqm appraised price is a good estimate based on the current unit price of Lipa City's major developer of Php17,000/sqm.The city of Lipa is a highly Urbanized Growth Center with signs of urban sprawl. It is the result of its fast in-migration population growth due to full employment and growing job opportunities produced by existing Urban Amenities of malls, banks, colleges, universities & schools, churches, national government agencies, hotels & resorts, BPO companies, golf courses, etc. The city's rapid urbanization ( as a lone congressional district) is a self- sustaining rapid urbanization that leads to its urban sprawl o expansion. The city's perennial traffic problem shows its fast urbanization process.The district where the cornered, furnished house & lot located at Sakura Village (SV) is one of the emerging city's expansion. The presence of Jose Rizal College (JRC) beside S V , the Metro Lipa Hospital, New Era University (NEU) at the back of S V, the S & R Shopper, the Lipa Major Seminary, the University Batangas (UB), Citi Hardware, Jollibee, Maraouy, etc all contribute to the economic influences to the urban expansion's direction to the said district. Moreover, the Balete STAR Exit will fuel the district's rapid growth for it serve as the gateway to the STAR Growth Corridor or the Batangas-Lipa-Tanauan- Calamba City Growth Corridor with STAR & ACTEXT as the corridor backbone. Likewise, LiMA will contribute to the district's expansion toward Malvar.The emerging economic/business potential must be considered in appraising the property value of the offer for sale cornered, 2-car garage, furnished house & lot at Sakura Village. Likewise, the prevailing unit prices of the country's major developers which is Php 17,000/sqm should be served as a benchmark of the present market value of residential lots at Lipa City's emerging growth district for rapid urbanization pushes the unit prices of the said district. The exponential unit price increases at Makati City's CBD explained the said condition. As such, Php12,000/sqm is a good estimate of the above-mentioned district current residential lot with 30% of the higher market value of major developer attributed to the brand name. Lastly, the house & lot big garden which is half of the corner lot area is a good business opportunity when the district evolves into aCommercial Business District (CBD).The estimated market price of the cornered, 2-car garage furnished house & lot inside Sakura Village is based on the current and potential economic conditions influencing the district where Sakura Village is situated. Moreover, the rapid Lipa City's self-sustaining urbanization I also reflected at the house & lot market value.