Paranaque became a part of the National Capital Region (NCR) in 1998, when its cityhood was founded. Today, its area covers 16 barangays divided into 2 districts and has a total size of 18.41 square miles.
Paranaque is a prosperous city, a self-sustaining area that serves as the headquarters of local and international corporations, banks, lifestyle hubs, and premier malls. At the forefront of the city’s activities are SM City BF Parañaque and Duty Free Fiesta Mall that draw in thousands of visitors each day.
Paranaque is fast becoming one of Metro Manila’s primary real estate markets, a highly coveted address among homebuyers and property investors. Well-known schools such as PATTS College of Aeronautics can be found in or around the city’s private villages. The city is also home to several business developments like Aseana City in Diosdado Macapagal Avenue and Bay City in Roxas Boulevard. These developments have contributed to shaping Paranaque as one of the most highly sought-after locations to buy a house and lot for sale in Metro Manila.
Located along Roxas Boulevard is City of Dreams, which is popular among long-time residents of the city. Conveniently located at Aseana City, those who visit City of Dreams will find delicious culinary restaurant concepts. Another well-known place in the city is Solaire Resort and Casino in Bay City
For families who plan to live in Paranaque long-term or even permanently, the city is a prime location to watch out for. Prospective homebuyers and property investors buy a house in Paranaque because of its well-established subdivisions and gated communities.
Some notable residential subdivisions in the city include Tahanan Village, Sinagtala Village, and BF Northwest. Those who buy a house in Paranaque are also within convenient distance from renowned schools like PATTS College of Aeronautics. Properties in these areas command a higher price but are not without the promise of a comfortable and satisfying living experience that many homebuyers prioritize.
The city’s accessibility is an advantage and a major factor that contributes to its steady growth. Main roads like Skyway, South Luzon Expressway, Sucat Road ease the commutes of residents of Paranaque to nearby cities such as Muntinlupa and Pasay. These roads aren’t just accessible for those with cars, as public vehicles pass these expressways as well for faster and safer travel. It is also why families see it convenient to live in a house in Paranaque.
From an average sale price of PHP 19,000,000.00 for a 2-bedroom house for sale and PHP 30,835,000.00 for a 5-bedroom property, there are many homes in city name to choose from that are best fit to one’s needs.