BLOGS

Boost in Internet Speed, Boost in Property Demand

“We notice that most of the tasks today in the country rely on a solid internet connection. “

We notice that most of the tasks today in the country rely on a solid internet connection. Many people today use fixed broadband to spend and communicate with friends, work from home, and finish school work. Indeed, because of the convenience of having a solid internet connection, many of us cannot now live without it, and it seems like it has become a necessity for many of us today.

However, maybe because the service of the internet in your area is slow, you are one of those people who are annoyed because you are unable to access good internet and its opportunities. Therefore, this means having many estate agents converse about internet connectivity.

So, for more information about internet connection, how it affects the real estate market, cities to live in with fast internet service, or if you are looking for town options in the Philippines to have a vacation without worrying about gadgets and technology, continue reading the given topics below:

Ookla Q1 Report: Internet Speed in the Philippines Increases

According to the most recent Ookla Speedtest Global Index Report, the nation’s mobile median download increased from before’s average of 24.04 Mbps to an average of 25.12 Mbps as of December 2022. This improvement, if kept, might drive the real estate industry into a growth trajectory. Moreover, fixed broadband speedtest PH has increased. Media download speed via fixed broadband grew from 81.42 Mbps in November 2022 to 87.13 Mbps in December 2022.

The rise in licenses given to telecommunications providers in the country is responsible for improvements in internet speeds. This allowed building infrastructure to move more quickly, which is anticipated to impact the local real estate market.

The Need For Internet Access

Due to the epidemic and our increasingly computerized society, internet connectivity has become more and more crucial and we all prefer to have internet access because it makes our lives easier. Plus, many people seek internet connectivity to stay connected to the outside world due to work-from-home arrangements and mobility limitations.

Fast internet speeds are crucial for the streaming requirements of working from home, even with hybrid configurations being adopted to balance employee flexibility with company efficiency.

Suggested Read: Faster Internet Speeds in PH to Buoy Property Demand

The Mbps You Need to Complete Various Tasks:

As everyone who uses the internet in Philippines, we have to know that it has different needs, a 25 Mbps connection may be enough for some users but entirely poor for others. That’s why to guide you with the Mbps and bandwidths you need to complete your online tasks, here are the different categories for you to be assisted as per NetSpot:

1. Streaming

Many of us are fond of streaming to be entertained and inspired but be informed that whenever we stream content online we need a fair speed connection, contingent on the quality we want to stream.

If you want to stream in HD, 25 Mbps is recommended. If you like streaming in 4K and want to see everything clearly, 100 Mbps is advised. Indeed, if you want to use your internet connection for other purposes while streaming or sharing it with others, you may require far more bandwidth than 25 or 100 Mbps.

2. Gaming

Heads-up to the gamers out there! No more worrying to slow internet service because this is the time for you to improve your connectivity and have low latency on top of high upload and download speed. You’ve read it right because if your latency consistently exceeds 100 ms, it doesn’t matter if your internet connection is 100/100 Mbps fiber-optic. Although roughly 30 ms is acceptable as well, you should aim for latency to be around 20 ms. But if you are just a gamer who did not often worry if they were defeated in a game because of internet lag, 50 ms is recommended for you.

3. Working from home

If you prefer working from home with the use of your laptop and internet service, a minimum download speed of 50 to 100 is commended for you, and 10 Mbps upload speed if you are required to upload large files.

4. General Surfing

If you just surf online to scroll and get updates from the Web and other applications, you can have 1 Mbps because it is typically enough for you. The main issue is that some websites are text-only while others have many photos and multimedia. With a 1 Mbps internet connection, most websites should load quickly in practice, but you should be aware that some may take up to a minute to load fully.

The Importance of Internet Connectivity for Real Estate

Some homebuyers do not prepare areas that have low access to the internet. Therefore, the development of internet infrastructure will have a significant impact on the real estate market in the years to come. Growing internet connectivity will promote economic growth, the development of the commercial real estate, and the expansion of investment options in addition to drawing new residents.

Suggested Read: How Internet Infrastructure Impacts the Real Estate Market

Benefits of having a Fast Internet:

Why invest in a property which has fast internet access? Below is the list for you to know the benefits of having fast internet:

1. Productivity

Internet speed can affect our productivity at school or work. Of course, who wouldn’t be annoyed and lose motivation to finish an online task if your internet connection is too slow? It’s a pain in the neck! Certainly, fast internet can help us to finish work on time which enhances our productivity. Additionally, if you are the type of person who always needs to multitask, higher internet bandwidth can help you with your job. With this, the fast internet can allow us to have a productive and convenient life.

2. Better Financial Transactions

If you are worried about failed financial transactions, a fast internet connection is key for you! Transaction failures, duplications, and cancellations can occasionally result from unstable connectivity. Yet with fast and secure internet connectivity, you can complete these transactions online without concerns.

3. Flexibility

Since many changes had occurred in our society because of the pandemic, fast internet can help many people to easily adjust. Online schooling? work from home? online shopping? No problem! Thanks to the power of the internet, we can be flexible and continue to work our lives despite any crisis.

The Best Internet Service Providers and Plans In The Philippines:

Let’s examine the current top internet services in further detail:

1. Converge ICT Solutions

Converge, one of the fastest-growing ISPs has made a name for itself as a top choice for its high internet speed. They have a range of plans starting at just Php 1,500 per month for speeds of up to 100Mbps.

2. One Sky

The corporation broadened its reach to internet services since it was the country’s leading and longest-running cable TV provider. They developed packages that provide their subscribers with value by combining their cable offers with broadband services.

3. PLDT

They are competitors in the Philippines when it comes to offering internet services through dial-up connectivity to DSL.

4. Smart Bro Home Wifi

The Philippines’ leading 5G provider, Smart Communications, Inc., is focused on bringing wireless fiber-like speeds into Filipino households. The Smart Bro Home WiFi 5G makes this accessible.

It is noteworthy that Smart won the Speedtest Intelligence competition for the fastest mobile and fixed broadband internet speed.

5. DITO Telecommunity

There is now a third significant telco provider in the Philippines. The country’s first nationwide launch of DITO Telecommunity has drawn praise for its blazing-fast internet and security.

Suggested Read: Best Home WiFi & Fiber Internet Broadband Plans in the Philippines

Which Filipino cities have the fastest internet?

In some of the Philippines’ most populous cities, developers can benefit from excellent internet connectivity.

Based on the data from Ookla for the first quarter of 2022, Caloocan, Quezon City, Manila, Davao City, and Cebu City are the cities with the fastest median download speeds, all at 25.71 Megabytes per second.

Places to escape the digital world:

Although, fast internet service can truly help us in our daily digital lives, which is a good thing for many, yet according to a study, the use of digital technology can have an impact on a person’s general happiness, level of stress, risk of suicide, ability to function properly at work and in social situations, ability to focus in an age of information overload, ability to control their degree of connectivity, and other factors. That’s why we humans also need to control our usage of the Internet and have a rest with the beauty of nature and have peace of mind. Yes, you need that, hence, here are the places for you to settle down and be calm while resting from the use of the Internet:

1. Bern Baguio

Invest in a future condo that is surrounded by nature and luxurious.

Bern | Luxury Condo in Baguio

2. Forresta Villar Land

Create joy, wonder, and a luxurious lifestyle with nature and experience a life surrounded by pines.

Forresta Villar Land | Ultra Luxury Lots

3. Crosswinds

Escape from the digital world, live in a private shelter, enjoy nature’s calming sights, sounds, and scents, and feel luxurious at Crosswinds.

Crosswinds

4. Brittany Sta. Rosa

Have perfect moments and deep connections with your family at Brittany Sta. Rosa, instead of staying in a virtual world!

Brittany Sta. Rosa | Luxury House and Lot in Santa Rosa

5. Vista Alabang

Live in Italian-inspired luxury houses and have the experience of wellness and enjoyment with your loved ones at Vista Alabang.

Vista Alabang | Luxury House and Lot for Sale in Daang Hari

6. The Lakefront

Allow your family to experience luxury and relax while enjoying the San Francisco atmosphere.

La Posada | Luxury House and Lot in Metro Manila

Obviously, because of the Internet, you get to know the perfect cities to live in the Philippines and the places to enjoy tranquility and luxury—most of us like investing in a house that can bring the comfort we deserve. But remember, choose to live in a home where you know you can enjoy every moment with your family, with or without slow or fast Internet.

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