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Condo For Rent in Manila, Metro Manila | Lamudi

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The average price (2016) of a one-bedroom condo for rent in Malate is PHP 19,365 per month.

Malate, together with Ermita, is the Philippine capital’s center for commerce and tourism.

Malate is home to the vibrant Remedios Circle, which is Manila’s entertainment and nightlife hub.

In terms of finance, Malate is home to the offices of the Bangko Sentral ng Pilipinas (central bank), the Department of Finance, and the government-owned lending institution, Landbank of the Philippines.

 

High-rise Living in One of Metro Manila’s Most Historical Districts

SMDC Green Residences in Taft Avenue

Situated at the southernmost portion of the City of Manila, the Malate District (together with the neighboring Ermita) can be considered as the Philippine capital’s center for commerce, education, and tourism. It is home to the headquarters of the Bangko Sentral ng Pilipinas, Rizal Memorial Sports Complex, the Manila Zoological and Botanical Garden, and Harrison Plaza, Manila’s first enclosed shopping mall.

Long been a gastronomical and cultural hub, the district is home to Adriatico Street, Remedios Circle, and the Rajah Sulayman Plaza, which is a well-known area for fine-dining restaurants, well-loved joints serving Filipino fares, and lots of bars.

The area is also a popular place for foreign tourists and backpackers, where one can find affordable apartelles, mid-range hostels, and upscale hotels, like Jin Hotel Manila, Century Park, and Armada Hotel.

Lastly, any reference to Malate will not be complete without mentioning some of the district’s and the country’s best schools, like De La Salle University, De La Salle–College of Saint Benilde, Philippine Women’s University, and Saint Scholastica’s College, among many others.

Come leisure time, the district offers one of Manila’s best museums, the Metropolitan Museum of Manila, which is managed by the Bangko Sentral ng Pilipinas.

 

Condo for Rent: Malate is for Students and the Bohemian Crowd

Upscale Driveway at an Upscale Condominium

Being a heavily built-up area, low-rise apartments, townhouses, and standalone houses are hard to come by in the district. However, what it lacks in horizontal development, it more than makes up for in condos for rent. In Malate, these properties are available from midrange to upscale.

One of the district’s most high-profile condo projects in the recent years is Anchor Land’s Admiral Baysuites. Standing on the former site of the Admiral Hotel along Roxas Boulevard, this very high-end property boasts of some of the largest condos in Manila with units that offer views of the Manila Bay sunset. A Malate condo for rent in this development starts from PHP 33,000 per month. Other high-rise developments include the Ocean Tower Condominium and Stanford Tower Condominium.

Over at Taft Avenue are many student-focused condo projects, including some by the country’s largest real estate developers. These include Green Residences by SMDC, Victoria de Manila by New San Jose Builders, D’University Place, and Torre Lorenzo. These developments offer affordable condos for rent in Malate, ranging in price from PHP 12,000 to PHP 27,000.

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