If you could live anywhere in the country, where would it be? While most of us would consider a new location, some actually prefer staying where they are. For the residents of the once-hailed Tiger City of the Philippines, Mandaluyong, this is a common sentiment as shown in Lamudi’s data.
The numbers show that in 2020, 17.72% of pageviews generated for properties in Mandaluyong came from seekers already located within the city. Just two months into the new year, the pageviews represented 10.80%. Given these insights, one can’t help but wonder, what’s in this city that dwellers would never want to leave?
Here are some possible reasons Mandaluyong is indeed “the one” for its residents:
It’s a Dynamic Business Hub
While other Metro Manila cities accommodate financial districts, Mandaluyong steps it up: it’s home to one, and a close neighbor to many in the region. It hosts a part of the Ortigas Center, a vast estate dotted with residential, commercial, and retail zones. At the same time, Mandaluyong is a short drive away from the Makati Business District, Bonifacio Global City in Taguig, and Eastwood City in Quezon City.
Living in Mandaluyong means having your office at arm’s reach. It’s no surprise that the city is most popular among millennials, the workforce of today. According to Lamudi’s data, those aged 25 to 34 drove the most number of pageviews and leads to the city in 2020.
If you’re planning to buy a home in this city, one emerging community worth checking is One Sierra, a low-density, 30-story condominium building to be developed by the largest home builder in Russia and Europe, PIK. Located along EDSA, it’s highly accessible to central business districts and main commercial areas in the capital region.
The units range from spacious studios, one-bedrooms, two-bedrooms, or Small Office/Home Office (SOHO) units, with sizes ranging from 32 to 84 square meters. It’s the perfect size for homeowners from all walks of life.
You can expect exceptionally engineered units in this development as the real estate developer PIK adheres to world-class standards, equipping spaces with state-of-the-art technologies, fully integrated systems, and green building features. From the location to the actual home, you can live a life of convenience whether you’re a professional, family man, or investor.
It’s an Exciting Shopper’s Paradise
Next to the Tiger City title, Mandaluyong earned the nickname, “Shopping Capital of the Philippines” because of the sprawling, expansive retail centers occupying the city. These buildings are literally a few steps away from each other. When you live in Mandaluyong, all your essential needs are covered, plus your retail therapy.
Go to Shangri-La Plaza or The Podium to find your favorite luxury items. Meet your friends at SM Megamall or Robinsons Forum. Then, drop by the Greenfield District Pavilion, SM Light Mall, or Starmall EDSA Shaw for quick grocery errands. Without the need to travel far, you can save yourself from headaches due to Metro Manila’s traffic jams.
Moving to PIK’s One Sierra, you will enjoy the leisure of being near these shopping centers and recreational amenities within the community. The condo complex features a swimming pool and deck area, gym and wellness area, and a function room. This offers an elevated living experience, known to be the defining quality of European real estate. Consider finding your next home sweet home in the community built by the No. 1 European real estate brand.
It’s the Home of Fitness Buffs
Mandaluyong is the place to be for exercise enthusiasts. Pioneer Street, a popular road in the city, is dotted with all kinds of fitness centers, specializing in different types of activities, including crossfit, pilates, boxing, martial arts, calisthenics, and even basketball, ballet, and pole dancing. Of course, it’s also not a secret that Mandaluyong made it to the Guiness Book of World Records in 2015 when it gathered over 13,000 people for the largest Zumba class in history.
If you’re serious about living a fit and active lifestyle, it’s a good idea to live in an environment that promotes exactly that. While you mull over the thought of moving to Mandaluyong, consider buying a condo, too. In this type of living arrangement, you can take advantage of the fitness facilities within the complex.
Based on Lamudi’s data for 2020, most of the property seekers interested in Mandaluyong prefer condominiums over other types of real estate. Moving to One Sierra by PIK, you can ensure that all the fitness and wellness facilities are well-designed and constructed given the track record of the largest European developer. The innovative company ensures that they’re producing quality homes that are well-suited for modern city dwellers.
It’s a Promising Real Estate Destination
Historically, vertical developments in Mandaluyong have experienced a constant increase in prices over the years, making them ideal investments. In 2017, the minimum price stood at P92,935, while the maximum was P119,144, as mentioned by Leechiu Property Consultants. Three years later, in the second quarter of 2020 even at the height of the pandemic, the price was at P206,000 per sqm.
What’s more, condos in Mandaluyong enjoyed this steady growth in demand through the years. Comparing the second half of 2017 and the same period in 2018, the number of leads for condominiums on Lamudi grew by 28.85%, further increasing by 17.91% in the second half of 2019. The leads for condos for sale posted a 5.06% growth in the second half of 2020 from the second half of 2019.
In a Mandaluyong condo development such as One Sierra by PIK, you have an asset that appreciates in value over time, as the historical performance shows.
It’s no surprise the Tiger City of the Philippines is a sought-after residential destination, even to its own dwellers. Every life aspect is supported in this location, from career to fitness down to shopping sprees, and more importantly, investments.
Consider living in the rising community of One Sierra. If you want to know more about the new generation home builder PIK, visit them on Lamudi.