Bulacan or Rizal: Which is Better for Property Investment?

Achieving homeownership is a milestone for every Filipino family. After all, it is a symbol of financial freedom after years of hard work and generously saving up for the house and lot purchase.

During the home-buying process, every buyer is rightfully meticulous in choosing their property investment. And oftentimes, if not all the time, the residential property's location is prioritized to ensure comfort, accessibility, convenience, and property price appreciation.

If you're particularly eyeing South and Central Luzon as your future home destination, you're in for a variety of perks and amenities. In this article, we'll especially focus on the provinces of Bulacan and Rizal as your two top options, and help you decide whether a house and lot in Rizal or a house and lot in Bulacan makes for a better real estate investment.

Quick Facts You Should Know About Bulacan and Rizal

Before making sound comparisons, let's first know more about Bulacan and Rizal individually as provinces in Luzon. Without more ado, let's discuss each province's basic facts and later choose which best suits your lifestyle needs.

Bulacan: The Land of Heroes

Bulacan is a Central Luzon province consisting of four component major cities and 20 municipalities, with the City of Malolos serving as the provincial capital. According to Colliers, a global real estate management company, ongoing and completed infrastructure projects in Bulacan shall boost real estate investments from developers and investors alike. From the year 2022 to 2026, moreover, the global firm deduces that 420 units will be delivered annually.

As more and more homebuyers look for properties outside Metro Manila, the province of Bulacan is set to benefit from an increase in real estate property investments that will in turn be advantageous for both aspiring homeowners looking for an accessible area to reside in and developers searching for profitable places to operate their businesses.

Rizal: The Cradle of Philippine Arts

The province of Rizal, named after Filipino nationalist and Philippine national hero José Rizal, is part of South Luzon and is a leading real estate hotspot outside the metro. It is composed of 13 municipalities and one city. Its provincial seat and capital is the City of Antipolo.

Just like Bulacan, Rizal greatly benefits from ongoing and finished infrastructure developments, which we will discuss more later. The country's cradle of arts is booming in its local economy, owing mostly to agriculture, manufacturing, and tourism. But with said infrastructure projects set to increase real estate investment opportunities, homebuyers and real estate developers alike can guarantee that Rizal is a great investment alternative to the key cities in the National Capital Region.

Is Bulacan or Rizal Better for Property Investment?

Now, to the main part — is the province of Bulacan or Rizal the better property investment for real estate investors? Allow us to help you make an informed choice by making insightful comparisons in terms of each province's accessibility, affordability, essential services available, and infrastructure projects.

Proximity and accessibility

When it comes to accessibility, Rizal and Bulacan are neck and neck as both provinces are gifted with proximity to Metro Manila. Bulacan, for example, is easily reachable by various public transportation services, such as the North Luzon Expressway. The same can be said with Rizal, whose mass transportation options benefits commuters to and from Metro Manila.

Affordability and living costs

Living in the country's epicenter of economic and commercial activities is considered costly. This is precisely the reason why many Filipinos choose to relocate to the provinces to afford lower costs of living. You can achieve this if you live in Rizal, which has relatively lower property prices compared to Bulacan.

Be that as it may, the slightly higher property prices in Bulacan are compensated with quality home features and equally lower costs of living compared to dwelling in the country's capital.

Essential human services

Bulacan offers comprehensive basic human services that will make daily homeownership a breeze. It is near reputable academic institutions, such as Centro Escolar University and Bulacan State University, medical facilities, supermarkets and grocery stores, malls, local tourist spots, and more.

Meanwhile, Rizal province doesn't fall short of offering basic human services, as it also offers its fair share of good schools, such as Our Lady of Fatima University in Antipolo City and University of Rizal System in various campuses, healthcare institutions, malls and shopping centers, and Instagram-worthy destinations, among others. In terms of the total number of higher education institutions though, Bulacan offers more options than Rizal.

Infrastructure projects

Rizal takes this one with some finished infrastructure programs boosting provincial progress. This includes the completed LRT-2 East Extension Project – Marikina And Antipolo Station, Ortigas Avenue Extension, Marikina-Infanta Highway, together with the proposed MRT-4 Taytay, Rizal Station.

On the other hand, a Manila Bulletin report states that the Department of Public Works and Highways or DPWH is prioritizing the construction of infrastructure development projects in Bulacan, which will bring about economic progress and improvement of public services in the province. One of the key infra projects in Bulacan is the Plaridel Bypass Road, which is expected to be completed this year.

Top Factors to Consider During the Homebuying Process

The homebuying journey is not going to be stress-free. But you can lessen the burden by being smart with regards to taking into account factors that will steer you toward choosing the perfect investment property. These are as follows.

Location, location, location

You may get tired hearing about the importance of location in the real estate industry, but this only goes to show how, in point of fact, indispensable a property's location is. You wouldn't want to live in a community with no close access to schools, supermarkets, clinics, or transportation, would you? Having said that, both Bulacan and Rizal offer excellent locations if you make a thorough research about the best and most livable towns and cities in these provinces.

Community amenities

Homeownership wouldn't be complete without community amenities. Is there an accessible Barangay health center to take your kids when they're sick? What about a spacious area where they can play with other kids in your neighborhood? In addition, it has to have facilities such as a multipurpose hall, gazebos to take temporary shelter from rain or the summer heat, and so on.

Quality and affordability

Last but absolutely not the least consideration, quality and affordability are a perfect combination for an initial investment. And you can achieve this with Lumina Homes, the affordable house and lot segment of premier homebuilder Vista Land.

With our brand, investment properties were built with the utmost quality. Still, your future primary residence doesn't have to cost ridiculous sums of money. At one million pesos under flexible financing terms, you can achieve an affordable house and lot for sale in the property location of your choice.

We have affordable house and lot for sale in Rizal available, namely:

• Lumina Baras
• Lumina Pililla
• Lumina Binangonan

Meanwhile, in the province of Bulacan we have the following:

• Lumina Residences Bulacan
• Lumina Baliwag
• Lumina San Miguel
• Lumina Pandi
• Lumina Plaridel

Whether it's an affordable house and lot in Rizal or Bulacan, you deserve only the best as a real estate investor. We can help you achieve your housing goals at Lumina Homes. Get in touch with one of our sales representatives and reserve your house and lot Philippines soon!