Here’s What To Know About La Salle
De La Salle College used to be in Paco, Manila, during its foundation in 1911. It is a Catholic university founded by the De La Salle Brothers. In 1921, it relocated to Taft Avenue and is now one of the busiest streets in Malate. De La Salle College then became a university in 1975.
DLSU started as an elementary and high school exclusively for boys only. Later on, the university began offering co-educational programs at the undergraduate and graduate levels. There are now 16 Lasallian institutions under the De La Salle Philippines network.
An Investment Property Right Near The University Belt
One good reason to invest in a land for sale near De La Salle University is that it’s near the university belt. Being near the university belt means more options to earn profit from retail stores and residential units for rent. There can also be a consistent cash flow made from setting up restaurants and cafes in the area. These places are popular hangouts of students.
The location also offers opportunities for transportation franchises. The university’s site has several intersections that connect Ermita, Malate, Pasay, and Paranaque. It is easily accessible through the LRT 1 and MRT 3. Other options for those who prefer to commute via public transport are the jeepneys, buses, and UV Express that pass along Taft Avenue.
Check out land for sale near De La Salle University
Most of the lands for sale near DLSU in Malate are for commercial purposes, since this district, along with Ermita, serves as the center for commerce and tourism in Manila. These lots are along the streets of M.H. Pilar, Mabini, L.M. Guerrero, and Leon Guinto. Taft Avenue and Roxas Boulevard also have commercial lots for sale.
Residential lots are fewer and not as common. However, there are real estate projects in Malate that may provide land for sale like Manila Midtown Executive Homes. Maligaya Townhomes II and III are residential enclaves near Taft Avenue. They are easily accessible if you’ll come from the South Super Highway or the Makati Central Business District.
Costs of Purchasing A Land For Sale Near De La Salle University
Properties for sale near De La Salle University in the said locations have prices that range from PhP800,000 up to PhP1 Billion. Lamudi listed a current price of PhP104,000 per sqm according to its price trend analysis in the area.
The commercial lots have different lot area measurements that can vary from 270 square meters up to 6,680 square meters. These lots are good options to build business establishments or retail stores. A parking area would also be an option as this is in demand now as more residential and commercial buildings rise in the area. Residential spaces on the other hand measure anywhere from 200 sqm to 460 sqm.
When you buy land for sale near De La Salle University, there will be a steady ROI from student housing. The student population provides a consistent demand resulting in a sustained supply of properties every year.