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ABS-CBN X REAL ESTATE

  • Apr 22
  • 1 min read


Recent headlines around the Lopez family feud and ABS-CBN’s asset sales have reignited questions about the company’s long-term direction.


But what does this have to do with real estate?


For decades, demand for upscale residential areas in Quezon City was industry-driven.


A big part came from politicians who frequent Batasan. The other came from the entertainment ecosystem.


Actors, hosts, and production staff clustered near their place of work. Not out of preference—but out of necessity. Taping schedules are unpredictable, call times are brutal, and Metro Manila traffic punishes distance.


I’ve seen this firsthand. We once had a client—an actress—arrive two hours late to a Makati viewing because she came straight from a noontime show taping. That’s how tight (and unforgiving) their schedules are.


So naturally, residential patterns formed:


Established celebrities gravitated toward Ayala Heights and nearby high-end enclaves.


Up-and-coming talent settled in farther villages like Tivoli Royale, Vista Real, and other Commonwealth areas, where relatively lower lot prices made it possible to build larger homes—e.g., indoor pools and more elaborate designs.


Now here’s where it gets interesting.


GMA remains anchored in Timog. But ABS-CBN has already monetized its Mother Ignacia property and no longer operates the way it used to.


So the question is: If the workplace anchor weakens… what happens to the residential demand it once supported?


Because demand in real estate follows economic activity. And if that activity shifts, demand eventually follows. What happens to all the build-and-sell homes that have recently flooded the area?

 
 

© 2024 by JUAN PATAG REAL ESTATE

RE/MAX Capital, 5th Floor, Phinma Plaza

Plaza Drive, Rockwell Center, Makati City

Metro Manila, Philippines

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