At the end of 2018, which area among the highly urbanized cities had a higher supply of condominium units compared to Alabang, Araneta Center, and Rockwell Center?

At the end of 2018, which area among the highly urbanized cities had a higher supply of condominium units compared to Alabang, Araneta Center, and Rockwell Center?

• A. Fort Bonifacio
• B. Makati
• C. Bay Area
• D. Ortigas Center

Answer: (A)

Fort Bonifacio gained the highest condo unit supply by end-2018 because it underwent the most aggressive, large-scale high-rise residential development among the listed areas. The district, developed as Bonifacio Global City, attracted many condominium projects from multiple developers, resulting in a substantial inventory of completed units plus those already in the pipeline by 2018. This rapid tower construction and ongoing additions outpaced the condo stock in Alabang, Araneta Center, and Rockwell Center, which either have fewer towers, are more constrained in land area, or focus more on office space and luxury living with smaller inventories. While Makati, Bay Area, and Ortigas Center also host significant condo projects, their total supply by that time was not as large as Fort Bonifacio’s, making it the area with the higher condo unit supply among the choices.

Fort Bonifacio gained the highest condo unit supply by end-2018 because it underwent the most aggressive, large-scale high-rise residential development among the listed areas. The district, developed as Bonifacio Global City, attracted many condominium projects from multiple developers, resulting in a substantial inventory of completed units plus those already in the pipeline by 2018. This rapid tower construction and ongoing additions outpaced the condo stock in Alabang, Araneta Center, and Rockwell Center, which either have fewer towers, are more constrained in land area, or focus more on office space and luxury living with smaller inventories. While Makati, Bay Area, and Ortigas Center also host significant condo projects, their total supply by that time was not as large as Fort Bonifacio’s, making it the area with the higher condo unit supply among the choices.