More Fort/ BGC commentary
Note the access from Makati, in the lower left of this map
Here's another video from an - American - blogger who bought a preselling unit in BGC from Megaworld.
He is quite bullish on BGC, -- even though I believe the price there is already quite high.
I did not know that Megaworld was going to move its HQ to BGC but that's what he is saying.
And Citibank also closed down its Makati HQ and moved it to BGC as well so
it appears to be true that a lot of jobs are coming to BGC.
The guy is based in LA, CA... but he bought his first condo in BGC, PH.
He gives his reasons why. For instance, he likes the fact that "poor people are kept out... unlike LA"
He may be choosing this place based on US metrics, rather than PH metrics
"it appears to be true that a lot of jobs are coming to BGC."
Not unexpected... given all the new office space opening up there.
There is a very low vacancy rate in Makati's Office market, so opening up of space in Makati will be a good thing
for those who want to expand in Makati, or move their offices there.
It is good that jobs are moving to BGC for those who own residential properties there,
since there are something like 6,000+ units to be completed there in 2017.
And the completions will run high for years to come.
My concern is that those who live and work in BGC may find the traffic jams getting in and out to be "challenging".
What happens when you try to put the above number of cars onto the road below?
McKinley Avenue is a real choke point between Makati and BGC