Manila City is the capital of the Philippines and home to several historical sites. It has a high population density and it was tagged by the Globalization and World Cities Research Network as an “Alpha Global City” in 2016.
Though much of Manila’s land has been subjected to the aftermaths of the previous wars, it has been slowly rebuilt throughout the years. Since the American occupation, land reclamation opportunities were made available, especially those along the waterfronts. Despite the substantial population growth, there are more than enough residential properties to accommodate anyone who wants to live in this vibrant district, whether they’re looking for a house for sale or a room for rent in Manila.
About 5 reclamation projects were approved by the city government in 2017. These are the Solar City, the New Manila Bay-City of Pearl or New Manila Bay International Community, Manila Waterfront City, the Manila Harbour Center expansion, and Horizon Manila. Upon completion of said projects, the city’s total land area will significantly increase, which can then cater to the rising population rate caused by the continuous rural-urban migration.
Manila City is a thriving hub of centers from various industries such as banking and finance, commerce, transportation, retailing, real estate, tourism, new and traditional media, advertising, theater, fashion, legal services, accounting, arts, and insurance. About 60,000 establishments are estimated to have been operating inside the city. Most workers in these industries come from outside of the city and opt to live in an affordable apartment or a room for rent in Manila to be closer to where they work.
Ranked by the National Competitiveness Council of the Philippines as the second most competitive city in the country through its Cities and Municipalities Competitiveness Index, Manila has, no doubt, remained consistent in being the top choice when it comes to the best places to live and invest in.
The city’s economic stability can be attributed to key locations and industries that played a huge role in the city’s development. One of them is Binondo, which is considered as the city’s center of business activities and one of the largest and oldest Chinatowns in the world. Found along its streets are high-rise towers and office skyscrapers, which the city government plans to pursue as a business process outsourcing hub.
Another thriving commercial hub in the city is Divisoria in Tondo, which is also known as the “shopping mecca of the Philippines”. One famous merchandise store in Divisoria is Tutuban Center. Aside from commercial establishments, there are also several diverse manufacturing industries in the city that produce textiles, chemicals, electronic goods, and clothing.
The city government addressed the chronic housing shortage by constructing tenement housing projects. Some of these projects include resettlement projects within and outside of Metro Manila and which are accessible by land transportation. More residential buildings are also being constructed to cater to different kinds of residents. Condo and apartment units are also being rented out to and shared among several people. This set-up is common for people looking for an affordable bedspace or room for rent in Manila.
Outside the city center and in the neighboring towns, dormitory suburbs were constructed to cater to those who prefer a more affordable living arrangement. The University Belt, an area in the city with a high concentration of colleges and universities, has a higher demand for inexpensive but great housing options, such as a studio unit, a condotel, a bedspace, and a room for rent in Manila. These living arrangements are popular in this part of the city, especially among transient tourists.
A room for rent in Manila can cost anywhere between Php 1,000 to Php 3,000 per month as a bed spacer and Php 6,000 to Php 14,000 per month if renting an apartment or a condominium unit. These prices vary depending on the location and its proximity to commercial hubs, schools, and offices.
For those who are only in the city during the weekdays because of work and studies, a room for rent in Manila might be the best option to save more on travel expenses, utility bills, building, and parking fees, etc. However, this will also mean limited space for your belongings and less privacy. Nevertheless, there are plenty of options available when choosing the appropriate room for rent in Manila that will specifically address your desired preferences.
Frequently Asked Questions
Is there an affordable room for rent in Manila below 4k?
Yes, there are 7 affordable rooms for rent in Manila below 4k. A room for rent is one of the most affordable types of housing in Manila.
Is there a room for rent in Manila with air conditioning?
Yes, there are 32 rooms for rent in Manila with air conditioning. It can get quite stuffy and hot in Manila, like the rest of the Philippines, so you might want to rent out a room that already has an air conditioning unit installed.
Is there a room for rent in Manila with wi-fi?
Yes, there are 34 rooms for rent in Manila with wi-fi. Wi-fi is an absolute necessity these days, so these rooms for rent with wi-fi installed will be useful to you if, like most people, you depend on the internet for plenty of things.