In the past, one prevailing socioeconomic myth held the idea that all roads led to bustling Metro Manila, where bountiful employment and business opportunities awaited ambitious and hardworking Filipinos. Tiny as the Philippine archipelago is, Visayas and Mindanao used to be considered as trailing behind the National Capital Region in terms of progress and development.
Fast-forward to the present times, nothing could be further from the truth. Business and industry have fast acknowledged the tremendous potential that VisMin offers, making it a much-coveted region for both government and private sector investments. With Visayas and Mindanao as hosts to some of the country’s most fascinating and culturally diverse places, the region is developing into a center for agro trade and world-class tourism, providing a plethora of employment opportunities to local Visayans, Mindanaoans and Filipino migrants who have set up roots in the South.
The revelation of VisMin as a booming region is more than just a fantasy projection, as its growth over the last decade has been well-documented. According to the Philippine Statistics Authority (PSA), Mindanaoan regions topped the charts for national growth rates in 2019, with the Bangsamoro and Davao regions experiencing massive spikes in industry at 10.2 and 7.5 percent, respectively.
Meanwhile, the Visayas has not lagged behind either. The region has consistently outperformed the national growth rates over the last few years. Western Visayas beat the 2019 national growth rate of 6.0% with its own regional growth rate of 6.4%. A year earlier, Central Visayas’ growth shot up to 7.6%, for the fourth highest growth rate in the country.
These statistics bear a clear and decisive message: a brighter future is unfolding for VisMin’s longtime residents. Even now, Visayans and Mindanaoans are becoming increasingly confident about sticking close to home to pursue their dreams or to raise their families. It is an aspiration shared by an increasing number of Overseas Filipino Workers who are happily considering coming home to the towns and cities of their birth, earnest about giving their families a better life without the need to uproot themselves.
With such buoyant prospects for VisMin, BRIA Homes, one of the country’s top developers of best-value housing, has bolstered its presence in these regions, building more BRIA communities to meet the need for safe and secure dwellings of prospective residents and for OFWs to invest in.
In the immediate future, expect BRIA Homes to capitalize on the expeditious growth that the VisMin Region has witnessed in the last decade. The award-winning property developer is especially noting the Department of Tourism (DOT)’s plans for ‘crisis-proofing’ tourism in the Western Visayas Region, a concept devised by the DOT together with environmental planners and local government units.
Apart from this, VisMin’s economic prosperity is set to be spurred by the national government’s flagship infrastructure program called Build Build Build. Projects like the Cebu-Cordova Link Expressway, Panglao-Tagbilaran City Offshore Connector Bridge, and Candoni-Gatuslao-Basay Road will link key cities in the region, ostensibly aiming to boost the growth of business and trade.
Taking all this into account, things are looking up for VisMin and, by extension, for BRIA Homes, which, to date, has launched a number of developments in the South, with communities flourishing in Samar, Leyte, Misamis Oriental, Negros Occidental, Bukidnon, Davao del Norte and Sur, and North and South Cotabato.
BRIA believes that property seekers that invest now in housing projects in rapidly developing regions like VisMin will be handsomely rewarded with a considerable return on their real estate assets. And Filipinos who buy a BRIA Home can look forward to a serene and comfortable life in a warm and welcoming community, surrounded by lush green spaces and family-friendly amenities, and secured by perimeter walls, guarded gates, and 24/7 CCTV coverage.
Meantime, BRIA invites all prospective homebuyers in the Visayas and Mindanao region to immerse themselves in the BRIA 360 Virtual Tours, which is readily available via bria.com.ph. The tours will give them a glimpse of their future home from any place they may be. Inquiries may also be done through the website, as well as through the official BRIA Facebook page, facebook.com/BriaHomesIncOfficial.
Future residents and homeowners can also rely on safe and convenient transactions through BRIA’s various bank partners like Maybank, BDO, Unionbank, PNB, Security Bank, RCBC, and Metrobank. E-wallet services like GCash, Paymaya, and All Easy are likewise on hand.