Location has long been the biggest consideration when buying a home, and whether it’s accessibility to and from key places like schools and hospitals, a property’s potential to increase in value, or the common preference of being able to go to and from to office daily with ease, there is a lot that goes into that decision.
Given those factors and several others, it is places like Makati, Taguig, and Cebu that are often viewed as the ideal places to buy a home in the Philippines. However, to truly get your money’s worth as you buy a home, it is of course worthwhile to look into other locations in the country–especially since there are others that also hold considerable promise in terms of property purchase and investment.
Las Pinas City
While part of Metro Manila–which as a whole continues to be the most in-demand places for homes for sale in the Philippines–Las Pinas is seemingly one of the lower profile places to buy a home in the National Capital Region.
This is particularly the case with condominiums, as land availability is comparatively more in Las Pinas than in other Metro Manila cities, making traditional houses and lots the more common choice in the city.
This does not mean that those looking for condos don’t have choices, however. Newly launched developments like South 2 Residences by the SM Development Corporation, The Hermosa by COHO by Vista Land, and several others are set to raise Las Pinas’ profile as a place to buy and reside in condominiums.
Of course, houses and lots for sale in Las Pinas are also available for those who prefer these types of properties, and in comparison to cities like Paranaque and Muntinlupa which similarly have many gated communities, Las Pinas houses and lots for sale are (for now) more affordable.
General Trias City
The province of Cavite as a whole continues to receive substantial consideration as a place to live or invest in property because of its immediate proximity to Metro Manila. It also boasts of a wide variety of properties, providing home seekers with both condo and house and lot options.
Within Cavite, among the more typically inquired about places for real estate are Tagaytay, thanks to its climate and reputation as a popular vacation destination, and Imus and Bacoor, for their proximities to the border of Metro Manila. General Trias, however, is also rising among the ranks as top places to live in the province.
The city hosts several industrial estates offering job opportunities, making it ideal for pursuing a career or business. It also serves as the gateway to tourist spots such as Anilao in Batangas and the hot springs of Laguna. While prices of property in General Trias remain generally favorable, these are expected to continue growing in value, thanks to many new developments in the city.
Among these are The Gentri Heights by Suntrust Properties, and Camella General Trias by Camella Homes. Apart from homes presently valued at Php3-13 million, both developments feature modern amenities such as swimming pools, parks and playgrounds, and clubhouses.
Pampanga Province
Centrally located in Luzon, Pampanga has long been considered a rising location for residence and investment and continues to be despite the ongoing Covid-19 pandemic. While the health crisis has temporarily restricted travel, the province’s ease of access by air thanks to Clark International Airport remains a key reason for its viability as a place to live.
While not the largest in terms of land area, Pampanga real estate remains ripe for development, already evident in the province being the home of over eighty colleges and universities, and nineteen retail centers.
Many of the country’s leading real estate developers have long recognized the province’s promise as a good place to live and invest outside the Philippines’ major metropolises. Expectedly, several new residential communities have risen in Pampanga, which for now feature homes that are comparatively lower than Metro Manila properties.
These recently launched communities include The Arcadia, a Suntrust Properties project located in Porac that features homes for sale priced between Php2-10 million. Another notable development similarly launched last year is Camella Angeles Pampanga, a Camella Homes project with Php3-8 million homes in a community located near key areas of Angeles City.
Laguna Province
Prior to the Covid-19 pandemic, Laguna was mostly regarded as a good location for industrial and BPO companies. Granted, the province had long been widely regarded for developments like NUVALI, the 1,700-hectare Ayala real project in Sta. Rosa and Calamba, yet many still looked to Metro Manila to live and work.
Things have certainly changed over the past several months. The shift to remote work, combined with provinces commonly having comparatively lower populations, has considerably increased the interest in Laguna and other similar locations, and will seemingly continue to do so in the foreseeable future.
Another draw to Laguna and most other provinces is the greater availability of land, allowing for a larger variety and more affordable house and lot options. Notable choices currently on the market include homes in San Francisco Heights, another Suntrust project located in Calamba. Homes here are presently priced between a little over Php2.6 million to just under Php5 million.
High-end properties in exclusive communities are also available in Laguna, serving as a testament to the province’s livability and its emergence as a place to reside and invest. Among these is the Promenade, a 29-hectare forested residential community built by the Brittany Corporation that features three-bedroom luxury homes.
Times have indeed changed, and as remote work becomes increasingly accepted across various industries, interest in homes for sale outside major cities continues to receive growing interest. Experts project it only being a matter of time when the market catches up more places that were previously understated see more developments but also an increase in property values.
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