Condo For Rent in Metro Manila

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The average price of a condo for rent in Metro Manila varies. Makati is the most expensive condo rental market in Metro Manila with an average price (2016) of PHP 920 per square meter. The city is followed by Taguig at PHP 895 per square meter then Pasay at PHP 880 per square meter.

Condos in Metro Manila are popular especially in areas close to colleges and universities. Data from the Commission on Higher Education shows that there are 317 private and 28 public higher education institutions in the National Capital Region.

In recent years, Metro Manila has seen transit-oriented developments, or condos built close to MRT and LRT stations. Some of these condos include San Lorenzo Place built next to the MRT Magallanes Station, Light Residences and Pioneer Woodlands built next to MRT Boni Station, and Avida Towers Vita, High Park Centris, and Vinia Residences close to the MRT North Avenue Station.

Metro Manila is the Philippines’ center for health care. According to data from the Philippine Hospital Association, there are 48 and 134 public and private hospitals in the National Capital Region, and the most well-known among them include St. Luke’s Medical Center, Philippine Heart Center, National Kidney and Transplant Institute, and the Philippine General Hospital.

An Urban Destination for Anyone Looking for Anything

Metro Manila Skyline

An area of 636 square kilometers currently inhabited by over 10 million people, Metro Manila is unquestionably the most popular region in the Philippines. It is sometimes hard for some to fathom why an increasing number of people continue to call the National Capital Region home, especially when all they hear off is the Metro’s traffic and pollution woes.

What these people do not realize is that the region is the Philippines’ center of economy, education, and public service. Locals and foreigners continue to venture into the Metro for work, school, and living mostly because all modern amenities are easily within reach.

The Premiere Location for Everything

From an educational standpoint, Metro Manila is home to many of the country’s top universities. These include the University of the Philippines, the Ateneo de Manila University, De La Salle University, and the University of Santo Tomas.these four are considered as the country’s best schools.

Apart from serving as the country’s main seats of government and education, the capital region is also the Philippines’ primary economic center. The nation’s three most prominent central business districts (CBD)—Makati, Bonifacio Global City, and Ortigas Center—are all situated here. Several new townships touted to become the next CBDs are also on the rise, including Arca South in Taguig and Vertis North in Quezon City. Some of the country’s most familiar companies and brands are also headquartered in the Metro. These include the food and beverage giant San Miguel Corporation, the PLDT Group, and banking giant BDO Unibank, Inc.

The Metro is also home to the country’s foremost medical facilities. The most prominent of which are St. Luke’s Medical Center, the Philippine Heart Center, the National Kidney and Transplant Institute, Philippine General Hospital, and the National Center for Mental Health, among many others.

Metro Manila, of course, wouldn’t be a great city in the Philippines without its numerous shopping centers and retail facilities. Some of the most popular in the country include the SM chain of shopping malls, three of which (SM Megamall, SM North EDSA, and the Mall of Asia) are among the world’s largest. The capital region is also home to several luxury malls, namely Bonifacio High Street, Greenbelt, Power Plant Mall, and Century Mall.

Upscale Condominium in the Metro

Condo for Rent in Manila

Living in a condominium is one of the better ways to enjoy everything that the Metro has to offer. Developments are commonly situated in or around key districts, making access to urban necessities easy and convenient.

As life in the region is quite fast paced, choosing to rent a condo in Metro Manila is an optimum choice as it allows for flexibility without compromising the quality of living. A recent research and forecast report conducted by Colliers International has indicated that condo units are set to dominate the market in the next four years with studio and one-bedroom flats accounting for 75% of this new supply. This means more options for tenants in the near future.

Whether it is a one-bedroom unit at The Beacon Makati being rented out for only PHP 15,000, a three-bedroom unit at Accolade Place in Quezon City for only PHP 27,000, or a truly luxurious penthouse in One Roxas Triangle for PHP 250,000, there are many condominiums to choose from in Metro Manila. Most come with amenities, such as 24-hour security, a power generator in case of blackouts, swimming pools, jogging trails, a gym, and pocket gardens.