DUBAI: Knowing where the goose that lays the golden egg is in Metro Manila’s condo scene is a must for overseas Filipino workers (OFWs) looking to invest their savings in real estate.
Good thing major developers have laid out exactly where. Here goes:
1. Mandaluyong: Highway Hills, Hulo, and Malamig
Home to the country’s leading shopping malls and emerging business districts, EDSA Central, and Pioneer, where many BPO (business process outsourcing) companies hold office, Mandaluyong City isaccessible via Metro Manila’s major thoroughfares: EDSA, Ortigas Avenue, and Shaw Boulevard.
Because of this, professionals working in major CBDs like Bonifacio Global City (BGC) and Ortigas will find living in a condo for rent in Mandaluyong—particularly in Highway Hills, Hulo, and Malamig—a value-for-money option.
2. Pasig: Kapitolyo and San Miguel
Pasig has evolved over the years from a sleepy backwater town to a highly urbanized area. Pasig City houses not just the Ortigas CBD but as well some up-and-coming business districts.
Two notable areas worth considering for condo investment in Pasig are Kapitolyo and San Miguel. Kapitolyo is a popular foodie hub that’s accessible via EDSA and C5, and San Miguel is in a peaceful neighborhood surrounded by malls and schools.
3. Sta. Mesa in Manila
Sta. Mesa is ideal for condo investment because of its rich cultural heritage, being one of the oldest districts in Manila. It’s near commercial hubs, government offices, and the University Belt, making it a great option for employees, students, and families. The ZipMatch study notes that properties in Sta. Mesa had a significant increase in value in the first 6 months of 2016. Such growth is expected to continue.
4. Las Piñas
Las Piñas has been recognized as the cleanest and most peaceful city in Metro Manila. Known as one of the fastest-growing residential and commercial centers in the region, the city offers plenty of convenient establishments like major malls, restaurants, and banks.
5. Quezon City: Cubao and New Manila
Properties in Quezon City are very much in demand for obvious reasons: the emerging business districts in Cubao, Diliman, and Libis where many middle-class employees work and the top universities in the country such as the University of the Philippines and the Ateneo de Manila are located. It’s also the ultimate food, entertainment, and tourism destination teeming with malls, restaurants, and parks. This is why a lot of families look for a condo for rent in the biggest city in Metro Manila.
6. Parañaque: Bicutan and Sucat
Parañaque City’s location near the airport makes condo living in the south of Metro Manila appealing for OFWs and their families, millennials who travel frequently, and airport employees. Specifically, Bicutan and Sucat are the best areas for those looking for a condo for investment in Parañaque. (Source: DMCI)
It’s back! The longest-running, most trusted and biggest Philippine investment event in the Middle East region, Philippine Property and Investment Exhibition (PPIE), is back. It has helped thousands of OFWs own their very own home. Be part of PPIE 2019 on April 26-27 at the JW Marriott, Deira, Dubai to reach your aspired home. Like @ppieuae on facebook to get tips and alerts on unbeatable deals.
