The city of San Pedro in Laguna was once a first-class municipality until it officially became a component city of the province in 2013. Named after the patron saint Peter the Apostle, San Pedro has risen to become a significant center in the province for economy, tourism, and culture.
According to the 2015 Census, San Pedro is home to around 325,809 people, making it the fourth largest city in Laguna, despite being the third smallest in the entire province in terms of land size. The city's township roots can be traced back to 1725, when a king from Spain declared it a separate town from what is now Cabuyao. During the Spanish regime, the town was a thriving community for agriculture, fishing, and fruit harvesting. In 1902, it was officially called San Pedro.
It has since thrived as a first-class municipality with several industries taking part in San Pedro’s economic progression. In 2013, then-President Benigno Aquino declared San Pedro as a city, making it the sixth city of Laguna.
While Laguna remains a farming province, agricultural land in San Pedro comprises only 13 hectares of its total land area due to the residential and industrial projects in the city. There are presently 4,705 business establishments, 40 banks, 117 food and beverage players, and seven supermarkets operating in the city. Many industrial and manufacturing facilities are found in San Antonio, its largest barangay.
Tourism is also a major industry in the city with its approximately-20 kilometer tourism belt. San Pedro is most known for the celebration of the Sampaguita Festival every second week of February, and includes a lineup of events ranging from religious conventions, tribal and street dances, sports events, and other contests. The flagship event is the Hiyas ng San Pedro Pageant. The festival aims to commemorate the Sampaguita industry, which has been a major contributor to the city’s economy dating as far back as its early years as a town.
San Pedro is also known for many popular landmarks, which include the Shrine of Sto. Sepulcro in Brgy. Landayan, the Balon ni Lolo Uweng, the Manok ni San Pedro, and the San Pedro Town Center.
Foreclosed properties in San Pedro, Laguna prove to be a good alternative option for investors looking for property in the Greater Manila Area but are working with modest budgets. Among these are foreclosed lots in San Pedro’s Southern Heights Subdivision, which spans about 100 square meters, and can be purchased for only PHP 375,000. For buyers looking for something a little bigger, a 180-square meter lot at South Peak Subdivision is also currently available for about PHP 1.7 million.
There are also foreclosed houses for sale in San Pedro. A very affordable one currently on the market is a two-storey townhouse unit in Villa Milagrosa Townhomes. It features a floor area spanning 49-square meters and is for sale for only PHP 800,000. A larger 103-square meter house in Park Spring Subdivision is also available for only PHP 2.7 million. For home seekers with even larger space requirements is a 350-square meter home currently available for PHP 8.3 million.
Given San Pedro’s location and accessibility to the Metro, buying property in the city can prove to be worth the investment and more.