Owning a condominium unit in Metro Manila is a dream of many young urban professionals and startup families. Yet, these properties are also often regarded as expensive, deterring some home-seekers from buying one.
But there are reasonably-priced real estate developments in the metropolis that are specifically designed for those who wish for upgraded suburban living and access to modern conveniences.
Urban planners are seeing a rise in the demand for affordable properties in strategic locations such as Marikina City, as economic activities in the country resume slowly.
Ideal living environment
“Marikina City offers an ideal living environment. Its proximity to Quezon City and Pasig City makes it easy for residents to go around the metro for work, school, or entertainment once life returns to normal,” said Gilbert Berba, urban planning head of real estate developer Federal Land, Inc.
“At the same time, it is detached from the hectic pace of its neighboring cities and close enough to the natural and man-made attractions of Rizal, Laguna, and Quezon for a quick getaway,” he added.
Nearby are IT centers, a thriving manufacturing industry, several well-known shopping malls, and popular food hubs within the city itself. Prestigious educational institutions such as the University of the Philippines, Ateneo de Manila University, and Miriam College are also in close by.
Read more: Manila Standard