The global population is consistently on the rise, also increasing the demand for homes. As of 2018, the Philippines has a population of over 106 million according to World Population Review with Quezon City, Manila, and Caloocan City topping the list of the most populated cities in the country. In terms of population density, based on a report by the Philippine Statistics Authority for the third quarter of 2015, the data show that 337 people occupy a square kilometer.
Today, condominium communities are popular to residents in Metro Manila due to their convenience. In the eyes of urban planners, these structures save and maximize lot areas. Nevertheless, house and lots are still the most preferred option for a long-term investment.
Buying a home is a consequential decision. In addition, while it is perhaps the biggest financial purchase most people will make in their entire lifetime, the benefits it provides improve lives. A better quality of life is guaranteed, as privacy and comfort are no longer limited.
Homeowners enjoy the stability of having a home without the risk of displacement or eviction by a landlord. Living in an owned property eliminates the worry of the transferring from one place to another after renting a condominium unit or a rental house for a number of years.
For the design of the interior and exterior of a property, homeowners have the last decision on everything. From the arrangement of furniture and decorative items and the number of rooms to whether or not there is a need for a third floor, a house can be remodeled and redesigned based on the preferences of its owners.
For the security and comfort of homeowners, a family does not have to worry about nosy neighbors, as their house does not necessarily have to be in close proximity with the houses of their neighbors. It is unlike living in a condominium community where units share walls.
An intelligent investor understands the value of houses. The residential property market in the Philippines continues to perform significantly well. In fact, according to a report published by Global Property Guide in April 2018, the price of duplex houses and townhouses rose by 17.3% and 8.1% in 2017 respectively. The rise in house prices proves that property investment remains as one of the best financial decisions one will make.
A house remains central to our needs. Depending on an investor’s preferences, be it the size of a property, the district or subdivision it belongs to, or other key factors that could influence a decision, it is crucial to be familiar with the location of a home.
Metro Manila has 16 cities from where a family can buy a house and lot. From high-end houses in Forbes Park, Makati; Ayala Alabang Village, Muntinlupa; and Valle Verde, Pasig to mid-range houses in Las Piñas City and Taguig City, homebuyers have thousands of options to choose from, depending on their needs and preferences.
Consisting of 33 barangays – or villages –, Makati is a sought-after address where people from different walks of life reside and hang out to experience the best of city living. According to World Population Review, it currently has more than 500,000 residents, and is the 13th most populated city in the Philippines. The home of many families, business owners, artists, politicians, and people who prefer the fast-paced lifestyle in a progressive city, it remains as a non-discriminatory place that welcomes everyone no matter their background.
Makati is most popular for its central business district, Ayala Center, which is also esteemed as the Philippines’ “Wall Street.” Aside from its prominence as the main financial center in the country, it is home to villages that offer comfort and security. For those who prefer a quiet and high-end community, Forbes Park, Dasmariñas Village, and Urdaneta Village are ideal. For neighborhoods that support a dynamic lifestyle, Bel-Air, San Lorenzo Village, and Poblacion are the best options.
Life is abundant in Makati. From weekend markets, parks including Ayala Triangle and Legazpi Active Park to malls, restaurants, and cafés, the city offers an unparalleled modern lifestyle that elevates the quality of life.
The home of the second most successful business district in the Philippines, Bonifacio Global City (BGC), Taguig is a highly urbanized city. From being a community where the main occupation of its residents was fishing, it now has hundreds of high-rise residential and corporate towers, high-end malls and lifestyle centers, museums, nightclubs and bars, world-class schools, hotels, cafés, and restaurants.
As of the 2018, according to a report by World Population Review, Taguig is the ninth most populated city in the Philippines with 644,473 residents. In fact, Hoppler’s 2018 data shows that it has 56,620 pre-selling and RFO condominium units and hundreds of thousands of houses. For quality houses for sale in Taguig, a family can look for a property in Acacia Estates, Fort Bonifacio, and McKinley Hill Village.
Taguig is ideal for people who prefer a laid-back although modern lifestyle. While it has not yet reached the prestigious stature that Makati has – many districts in Taguig still need development – its fast growth, through the constant improvements and constructions happening within its confines, is proof of its unfaltering success.
To live in the south of Metro Manila is to be unbothered by the usual fast-paced lifestyle of urban living. Muntinlupa, the Emerald City of the Philippines, is an easygoing yet highly urbanized city located in the southernmost area of the National Capital Region (NCR). Aside from its prime villages, it houses two successful business districts namely the Filinvest City’s Northgate Cyberzone and Madrigal Business Park. These business centers help the city display a consistent glow as a progressive city.
The home of some of the richest families in the country, it is popular for its premier villages including Ayala Alabang Village, Hillsborough, and Alabang Hills. These residential communities offer houses to those who want to experience the modern lifestyle in Muntinlupa.