Tarlac or Bataan: Which is Better for Property Investment?

Choosing the right location is key as it plays a vital role in property investment. It directly affects important factors like property value, rental demand, and potential for growth. Therefore, a great location means better returns and attracts more buyers or tenants, making it a wise investment decision. 

Now, among the prime locations to build a house and lot Philippines are Tarlac and Bataan. They possess attractive real estate investment opportunities for real estate investors, businesses, and foreign tourists. 

But to determine which location is better for real estate investing, we made a list of features and benefits exclusively for investors wanting to venture into Tarlac and Bataan.

Fast Facts and Figures About Tarlac and Bataan

Tarlac and Bataan can help you diversify your portfolios or capitalize on the region's development if you're looking for growth and investment property potential in the real estate markets. Here’s a quick overview.

Tarlac

Tarlac City, the capital of Tarlac province, has experienced significant growth in the real estate sector. From 2016 to 2020, the city's assessed value of real properties increased by an impressive 82.2%, reaching a total of approximately Php 33.4 billion.

In addition, Tarlac has been a hotspot for real estate development. The region recorded the highest number of real estate projects registered with the Housing and Land Use Regulatory Board (HLURB) as of 2020, indicating the growing interest in investing in the area.

Tarlac's real estate market offers a range of property types, including residential, commercial, and agricultural properties. The province's vast agricultural resources make it attractive for investors looking to tap into the agricultural sector.

Bataan

Bataan province has been experiencing a surge in real estate investments, particularly in the Freeport area. The Subic Bay Freeport Zone offers tax incentives and a business-friendly environment that attracts local and foreign investors.

What’s more, the real estate market in Bataan has seen steady growth over the years. In fact, the assessed value of real properties in the province reached approximately Php 41.4 billion in 2020, reflecting a significant increase compared to previous years. That is why there is also a surge in demand for house and lot for sale in Bataan.

Bataan's strategic location near Metro Manila and its growing industrial and manufacturing sectors contribute to the demands for commercial and industrial real estate in the province. Hence, there are investment properties to explore office spaces, warehouses, and industrial facilities.

Which is Better - Tarlac or Bataan?

Both Tarlac and Bataan offer unique advantages for property investment. However, the case would differ based on your specific investment goals and preferences. So, here is a comparative analysis highlighting key factors to help you decide between Tarlac and Bataan.

Proximity and Access

Tarlac offers convenient proximity to Metro Manila, with well-connected highways and transportation networks. This makes it easily accessible for tourists, businesses, and especially if you’re a resident of an affordable house and lot in Tarlac.

Similar to Tarlac, Bataan is also close to Metro Manila as it has access to highways and ferry services to reach various locations in the Luzon region.

Basic Services

The province of Tarlac provides a wide range of basic services, such as healthcare facilities, educational institutions, shopping centers, and entertainment options. Residents can enjoy a well-developed infrastructure to cater to their daily needs.

However, Bataan offers comprehensive basic services, including hospitals, schools, commercial centers, and recreational facilities. The province prioritizes the provision of essential amenities, ensuring a comfortable living environment.

Affordability

Tarlac is known for its relatively affordable property prices. It presents investment opportunities at lower entry costs compared to some neighboring areas. This affordability factor can be advantageous for investors seeking a budget-friendly option.

But, Bataan may have slightly higher property prices compared to Tarlac. Relatively, it still offers affordable investment opportunities compared to major urban centers. Thus, the potential for value appreciation makes it an attractive choice for investors.

Infrastructure Development

Both Tarlac and Bataan are experiencing notable infrastructure development, with ongoing projects including road expansions, new highways, and improved transportation systems. These developments enhance connectivity, promote economic growth, and positively impact property values.

Choosing the Right Property Investment in Tarlac and Bataan

Undoubtedly, Tarlac and Bataan are great locations to invest in real estate. But to ensure you made the right decision, here are some recommended tips for choosing a suitable real estate property.

Research Online Real Estate Platforms

Utilize online real estate platforms to gather information on available properties, prices, and market trends in Tarlac and Bataan. These platforms provide valuable insights and allow you to compare various investment options conveniently.

Consider Real Estate Investment Trusts (REITs)

Explore investing in REITs, which are listed on the Philippine Stock Exchange. REITs offer opportunities to invest in commercial real estate, specifically in office buildings and shopping malls, without directly owning physical property. They provide regular income through rental payments and can be a good option for hassle-free investments.

Evaluate Rental Property Potential

Assess the rental property potential in Tarlac and Bataan by considering factors like demand, vacancy rates, and rental income in different areas. Locations near job opportunities, historical sites, or freeport zones like Subic Bay Freeport Zone can be particularly attractive for rental properties.

Assess Property Value and Growth

It would also be best to evaluate the real estate values in Tarlac and Bataan by analyzing historical data and growth projections. Look for areas with potential for appreciation and consider the impact of major developments, infrastructure projects, or government initiatives that can positively influence property values.

Consult with Real Estate Professionals

Always seek guidance from real estate investors, developers, or agents with expertise in Tarlac and Bataan markets. Their insights and knowledge of local conditions can help you come up with a stress-free decision. 

Moreover, consulting with financial advisors can help you understand how investments in properties align with your personal finance goals. They can also assist you in diversifying your portfolio with other investment options like mutual funds or exchange-traded funds (ETFs).

Owning real estate in Tarlac or Bataan can be an excellent idea. So, as one of the country's most trusted real estate developers, Lumina Homes offer a selection of affordable house and lot properties in both locations. These are Lumina Tarlac, Lumina Tarlac Residences, Lumina Pilar and The Balanga Residences in Bataan. These residential communities feature complete amenities and access to various establishments, including public and private services. 

For complete details and housing packages, visit the nearest Lumina-accredited seller. You can also check our property listings page for a quick tour of our properties.