As the largest city in the National Capital Region (NCR), Quezon City has a land area of approximately 64.17 square miles and a population of 2,761,720 as of 2010. It is a mecca of commercial and residential establishments situated in the northern area of Metro Manila. Named after the second president, Manuel L. Quezon, it is made up of 12 barangays. Consistently in the top 10 Asian cities according to the London Financial Times, the city was ranked 5th in the Best Economic Potential category, 3rd in Cost Effectiveness, 6th in terms of Best Human Resources, and 10th in Quality of Life.
The city also boasts of momentous historical events, especially during the Spanish colonial period. Here is the home of Filipino patriot and revolutionary, Melchora Aquino, also called Tandang Sora It was at her house in Pugad Lawin that Filipino hero Andres Bonifacio with his fellow Katipuneros declared a revolution for Philippine independence against the Spaniards. This was the birth of the Filipino nation. Today, this house still stands in Project 8, now known as Bahay Toro.
The city eventually became the country’s capital during the 1930s until the 1970s. It comes as no surprise that a lot of government offices and institutions are located here. Reputable schools and universities are also found in the city, including the government-owned University of the Philippines – Diliman, Ateneo de Manila University, and Miriam College.
These attractive features make buying a property for sale in Quezon City, Metro Manila a worthwhile and exciting venture. This fast-paced and dynamic district has plenty in the way of substantial investment returns and a high standard of living. Whether you need to purchase a property for sale in Quezon City, Metro Manila for residential or investment purposes, this city has got you covered.
Nowadays, Quezon City is urban, modern, and financially viable. Students, families, expatriates, and other individuals reside in the city because it is home to countless shopping centers and recreational hubs. The city also attracts local and international investors. Commercial areas such as Cubao and Eastwood City are lifestyle complexes that house shopping malls, condominiums, hotels, a number of multinational companies, such as Citibank, IBM, Canon, and Mercury Drug Store. For young professionals and modern families wanting to invest in a condominium unit in Quezon City, there are plenty of condo projects to check out. These include Suntrust Shanata, The Magnolia Residences, Amaia Skies Cubao, Sun Residence, and Ilustrata Residences to name a few.
The cost of a property for sale in Quezon City, Metro Manila is relatively lower than in places like Makati or Ortigas, yet it’s still a highly sought-after location. The area is incredibly convenient to live in and is poised for high growth due to the many infrastructure projects and real estate developments underway, such as the Metro Rail Transit Line 7 and Cloverleaf, Ayala Land’s newest mixed-use community.
For comparison, the average price of an apartment in Makati is roughly PHP 210,000 per square meter, while in Quezon City, it’s PHP 80,833 per square meter. Quezon City is proof that you don’t need to spend an extravagant amount of money to live comfortably. A relatively affordable property for sale in Quezon City can provide you with all the things you need to enjoy the good life without burning a hole through your pocket.
There’s no doubt that this is an ideal place for people to live in. But for those more interested in purchasing a commercial property for sale in Quezon City, Metro Manila, the city also has one of the largest consumer populations in the country, making investing here lucrative.
Frequently Asked Questions
Can you buy a property for sale in Quezon City thru Pag-IBIG financing?
Yes, you can buy a property for sale in Quezon City thru Pag-IBIG financing. The most common property type that allows this type of financing option is a house and lot.
Is there commercial property for sale in Quezon City?
Yes, there are over 339 commercial properties for sale in Quezon City for you to purchase. These properties are a great investment in the long run, as Quezon City is a high-growth district with so much potential.
Is there foreclosed property for sale in Quezon City?
Yes, you can find about 579 foreclosed properties for sale in Quezon City. Though properties in Quezon City are relatively more affordable than most highly-developed locations like Makati, they can still be quite pricey. You can stretch your budget by considering a foreclosed property in Quezon City instead.