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 almost 1 million according to the 2015 Census, while that of Iloilo City is already 447,992.
The city itself is actually a conglomeration of former towns that surrounded 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 formerly was part of La Paz, was declared the city’s seventh district. These seven districts are further subdivided into 180 barangays.
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.
The city is also some sort of a shopping mecca, being home a large number of shopping malls. In fact, Iloilo City was the first location outside Metro Manila with an SM Department Store, which opened in 1979. It is now called SM Delgado. In addition, there are 13 other shopping malls in the city, most popular of which are SM City Iloilo, two Robinsons malls (Jaro and Iloilo City Proper), a Gaisano mall, and two CityMalls. 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.
The city is also Western Visayas’ center for education. It is home to eight highly esteemed colleges and universities, including West Visayas State University, the University of San Agustin, Central Philippine University, the Iloilo campus of the University of the Philippines Visayas, University of Iloilo, Iloilo Science and Technology University, St. Paul University, and John B. Lacson Foundation Maritime University.
All these, and more, make Iloilo City one of the top destinations, especially for residential real estate in the Visayas.
Iloilo City is home to many residential subdivisions and gated communities that cater to homebuyers with different budgets. One of which is Country Homes Subdivision Iloilo by Key Premier Communities Development Corp. This project is located in Jaro, and an example of the kind of homes you can find here is a one-storey, bungalow-type, 44 square meter, two bedrooms, and one bathroom house.
Another noted project when you can easily find a house for sale in Iloilo City, this time in Mandurriao, is the Injap Group’s First Homes, which is an exclusive townhouse project consisting of 111 well-appointed units with floor areas from 55 to 80 square meters. Prices here start at PHP 2 million.
Finally, there is Royal Residence Iloilo in Villa Arevalo District, which is located just 10 kilometers away from Iloilo City Proper. Developed by Pansol Realty and Development, this subdivision project offers four-bedroom single-detached houses to three-bedroom duplex units.