Parañaque is an important center for trade and business in Metro Manila. It contains Baclaran, one of the busiest markets in the country, Duty Free Philippines, which offers imported goods at lower prices, and a variety of shopping malls by SM, namely SM City Sucat, SM City Bicutan, and SM City BF Parañaque.
Terminal 1 of the Ninoy Aquino International Airport is located in the border of Parañaque and Pasay, from which all other terminals of the airport is accessible. Terminal 1, which covers an area of 67,000 square meters, is currently used by major international airlines with flights to Manila. The terminal was designed to accommodate 4.5 million passengers per year, but it has since been upgraded to a capacity of 6 million passengers per year.
A major driver of Parañaque's economy is the Entertainment City, which was formerly known as PAGCOR City and located near Roax Boulevard and SM Mall of Asia. It currently hosts three major integrated hotel, resort, and casino properties, namely the 8.3-hectare Solaire Resort & Casino, the 6.2-hectare City of Dreams Manila, and the 45-hectare Okada Manila. Two more such properties are in development, namely Westside City Resorts World and NayonLanding.
Co-living and bed spaces are available across Parañaque, granting accessibility to people who want to live closer to NAIA or the Entertainment City. The rental rate will depend on the location and size of the co-living or bed space, but on average, it is about Php 7,000 per month.
Searching for co-living, condo sharing and bed spaces in Parañaque on Lamudi reveals a wide range of options, across different lifestyles and preferences. Some properties offer bigger floor areas and more amenities, while others offer simple spaces at budget-friendly prices.