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Iloilo City serves as the the center and business hub of the Iloilo–Guimaras Metropolitan Area, boasting 11 municipalities in Iloilo Province. |
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The city is also Western Visayas’ center for education, home to eight highly esteemed colleges and universities. These include West Visayas State University, the University of San Agustin, Central Philippine University, and John B. Lacson Foundation Maritime University. |
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The price of a fully furnished house and lot for sale in Iloilo City can start at PhP 5,000,000 while the price of mansions can be as high as PhP 11,000,000. |
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If your budget is below PhP 4,000,000, you can consider investing in a townhouse or row house unit in Iloilo City. |
Purchasing a house for sale in Iloilo, Iloilo is ideal if you want to experience the best that the city has to offer. The capital city of Iloilo Province, Iloilo City is the center and business hub of the Iloilo–Guimaras Metropolitan Area, Western Visayas’ regional center, which is an agglomeration of 11 municipalities in Iloilo Province (namely, Pavia, Oton, Leganes, Santa Barbara, Cabatuan, San Miguel) and Guimaras Island (namely, Jordan, Buenavista, Nueva Valencia, San Lorenzo, and Sibunag). Together, the metro area has a population of 2,361,042 based on the 2015 census.
The city itself is actually a conglomeration of former towns around the city during the Spanish colonial times. These former towns are now geographical districts, consisting of Jaro, Molo, La Paz, Mandurriao, Villa Arevalo, and Iloilo City Proper. In 2008, the district of Lapuz, which was formerly part of La Paz, was declared the city’s seventh district. These seven districts are further subdivided into 180 barangays.
Iloilo is a shopping mecca and Western Visayas’ center for education, being home to eight highly esteemed colleges and universities and a number of shopping malls.
Shopping Malls in Iloilo City:
Schools in Iloilo City:
Hospitals in Iloilo City:
Subdivisions in Iloilo City:
Iloilo City is home to many residential subdivisions and gated communities that cater to homebuyers with different budgets, such as Salas Real in Jaro, Iloilo by ACM Landholdings Inc. This subdivision is one of the most highly accessible projects to essential landmarks such as Savemore, Angelicum School, Jaro Cathedral, Robinsons Jaro, and Iloilo Mission Hospital. Houses in this project range from a 56-square meter three-bedroom house to a 79-square meter four-bedroom home. The price of an Iloilo house and lot for sale in this area ranges from PhP 4,100,000 to PhP 4,800,000 for bare units. A fully furnished house and lot for sale in Iloilo, Iloilo can start at PhP 5,000,000 while the price of mansions can go for as high as PhP 11,000,000.
Other real estate developments you can check out when looking for a house and lot in Iloilo City are Parc Regency, Ledesco Village, Anaros Subdivision, and Puerto Real Subdivision. If your budget is below PhP 4,000,000, you can consider investing in a townhouse or row house unit in Iloilo City. The price of an Iloilo house and lot for sale here starts at PhP 450,000, which is ideal for newlyweds, young professionals, and minimum-wage earners who want to buy a house and lot for sale in Iloilo City.
Buying a house and lot for sale in Iloilo City is an excellent housing option for those who want to experience the calm tranquility of the province and the urban convenience of the city. You’ll be situated near several natural attractions, while also being located close to shopping malls, office hubs, and prestigious schools.
Furthermore, when Megaworld Corporation’s Iloilo Business Park—a 72-hectare integrated township set to rise in the former airport in Mandurriao—is completed, it will host the developer’s first lifestyle mall in Western Visayas. Once this project is completed, you can expect the prices of real estate properties in Iloilo to increase.
Although Iloilo City was economically eclipsed by Bacolod and Cebu City in the last few decades, the city has successfully revitalized itself over the last few years. It is now the hub for trade, commerce, finance, technology, medical tourism, hospitality, real estate, and education in Panay Island. In fact, Iloilo is one of the country’s leading cities for the business process outsourcing (BPO) industry.
