The metropolis now has 16 cities and one municipality and is the Philippines’ center for business, education, banking, culture, and government. |
It is not surprising then that the capital offers plenty of options for a house and lot for sale in Metro Manila that fit every budget, whether it is a single-family house, a townhouse, or a residential lot to build the home of your dreams. |
Options for a more luxurious house and lot for sale in Metro Manila can be found in the more high-end subdivisions of Pasig, San Juan, Mandaluyong, Quezon City, and Makati. |
Today, Metro Manila is a highly developed metropolis of more than 12 million people. In its cities are established master-planned central business districts, including Makati CBD, Ortigas Center, Bonifacio Global City, Filinvest City, and Eastwood City. |
Since the pre-Spanish period, Metro Manila has been considered an important center for trade and commerce. The area that is now the city of Manila was once part of successive kingdoms that dominated the area before it fell to the hands of the Spanish colonizers, who made the city the capital of its empire in Asia.
Since then, the city grew from beyond the walls of Intramuros. In the 20th century, economic progress and migration occurred in the neighboring towns that were once part of Rizal, Bulacan, and Laguna, which all eventually became part of the greater Manila area.
In 1975, the Metro Manila Commission was created, which practically defined the extent of the metropolis and ushered in the creation of the National Capital Region, which became synonymous with Metro Manila. The metropolis now has 16 cities and one municipality and is the Philippines’ center for business, education, banking, culture, and government. The capital is also one of the world’s largest and richest urban agglomerations, with an estimated gross regional product of US$159 billion in 2011, according to PricewaterhouseCoopers. This accounts for 33% of the Philippines’ total GDP.
These factors make a house and lot for sale in Metro Manila an excellent place to put down your roots.
Today, Metro Manila is a highly developed metropolis of more than 12 million people. In its cities are established master-planned central business districts, including Makati CBD, Ortigas Center, Bonifacio Global City, Filinvest City, and Eastwood City, while many other exciting mixed-use projects are currently under development, including Arca South, Vertis North, Circuit Makati, and the Bay Area of Parañaque.
It is not surprising then that the capital offers plenty of options for a house and lot for sale in Metro Manila that fit every budget, whether it is a single-family house, a townhouse, or a residential lot to build the home of your dreams.
A house for rent in Metro Manila may seem like the cheaper option, but there are many affordable properties for sale within the subdivisions or gated communities in Quezon City, Las Piñas, Parañaque, Muntinlupa, and Caloocan. Furthermore, these cities offer houses and lots for sale in Metro Manila with much larger space and that are very accessible from the business districts through major thoroughfares and commuter trains. Examples of affordable subdivisions to buy a home in these cities include the following:
Options for a more luxurious house and lot for sale in Metro Manila can be found in the more high-end subdivisions of Pasig, San Juan, Mandaluyong, Quezon City, and Makati. These gated estates include the following:
House-hunters looking to settle down can choose from multiple houses and lots for sale in Metro Manila at various price points. Most homes in the metropolis’ high-end subdivisions are sprawling bungalows, while those in emerging residential areas are multi-story and modern in design to maximize space.
House-hunters looking to make the capital region their home are offered a huge number of properties to choose from at a wide range of prices. After all, it is the Philippines’ most important area. Its thriving residential real estate market makes it easy to find a home that fits one’s lifestyle and budget. There are also more options offered in the market, such as the rent to own option for example.
2021 Average Price Data for House and Lot for Sale in Metro Manila |
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City | Median Price (PHP) |
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Caloocan | ₱3,980,000 | |||
Las Piñas | ₱8,500,000 | |||
Makati | ₱250,000,000 | |||
Malabon | ₱6,495,000 | |||
Mandaluyong | ₱21,000,000 | |||
Manila | ₱9,000,000 | |||
Marikina | ₱6,800,000 | |||
Muntinlupa | ₱9,500,000 | |||
Paranaque | ₱19,000,000 | |||
Pasay | ₱5,880,000 | |||
Pasig | ₱12,000,000 | |||
Pateros | ₱20,000,000 | |||
Quezon City | ₱15,000,000 | |||
San Juan | ₱21,000,000 | |||
Taguig | ₱48,500,000 | |||
Valenzuela | ₱4,500,000 | |||
NOTE: Data is based on listings uploaded by real estate professionals in 2021. |
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