// posted November 4th, 2012

Condos For Sale Manila, Philippines


Intro

Developments of condominiums are now skyrocketing in the Philippines, especially in Manila which holds the largest number of condominium developments throughout the country.  Being the 2nd most populous city in the Philippines, Manila is crowded.  Some people’s first impression of Manila may be that of a populated concrete jungle, but don’t let that stop you from exploring this magnificent bustling city, since it is full of opportunities and high-class amenities unlike other cities in the country.

Many people flock to Manila to find jobs, to study, to build their own business, or just to visit.  Others want Manila to be their permanent address.  Manila’s ever-increasing population leads real estate developers to build different kinds of residential developments to cater to people who are seeking a place to stay both permanently and temporarily.

Manila Condominiums

Condominiums are the most in-demand real estate property because of the conveniences they provide.  When finding a condominium for sale Manila, you can find it without any hassle at the heart of the city which is near shopping malls, restaurants, educational institutions, workplaces, and other important places.  Unlike townhouses, it would be difficult for you to find if you want your home to be near your places of interest. 

Other necessities that condos for sale Manila provide are amenities and security.  Swimming pools, fitness gyms, parks, basketball courts, etc. are some of the amenities.  These amenities give residents a comfortable and relaxing stay in their own home.  Every condominium also has 24-hour security with roving security personnel to keep the community safe.

Condominium in Cebu

Condominiums are managed by rules and regulations which every resident is required to follow.  One example is the paying of the monthly fees for the maintenance of the amenities as well as the security.

Luxurious condos for sale Manila are usually found in Salcedo and Legazpi Village in Makati City, Fort Bonifacio Global City, and in Ortigas.  For those who are looking for affordable condominiums with high quality, condo units for rent, and units that are rent-to-own in Manila, you have also a wide variety of choices.

Condo Developers

These are the top 4 condominium developers in Metro Manila in terms of condo units sold.

  • SM Development Corporation

    SM Development Corporation is one of the fastest growing real estate companies in the Philippines.  It focuses on offering premium middle market homes that offer: style, quality, durability and affordability.  It has a total of 17 developments of high-rise condominiums.

  • Ayala Land Inc. 

    Ayala Land Inc. is the real estate arm of Ayala Corporation which is known to be one of the oldest and largest conglomerates in the Philippines.  They develop residential properties like condominiums and townhouses, shopping centers, hotels, corporate businesses, etc.

  • Century Properties Inc.

    Century Properties is one of the notable real estate companies in the Philippines.  They focus on high-rise condominiums, mid-rise condominiums, and mix-used developments.  The recent developments of Century Properties are: The Gramercy Residences, The Knightsbridge Residences, and the Trump Tower Manila, (all of which will be considered the tallest buildings in the Philippines).

  • DMCI Homes 

    DMCI Homes is the real estate arm of DMCI Holdings Inc.  On the month of May 2012, it was awarded - for the 2nd year in a row - as one of the top developers in the Philippines in the annual BCI Asia Awards.  It has a total of 43 residential developments.

About Manila

Manila is the heart of culture, industry, and administration in the Philippines, and the capital of the country.  The name Manila is derived from the plant called “Nilad”, a flowering shrub that grew widely on the banks of Pasig River.  The city formerly called Maynila and then to Manila.  

Manila is famous for its tourist spots, one of the well-known tourist attractions is the Rizal Park, named after the Philippine’s National Hero.  There are also other notable areas in the city that attract many people such as Chinatown, Quipo and Divisoria which are known as purveyors of inexpensive goods.  Manufacturing in the Philippines is vastly concentrated in or near metropolitan Manila, employing more than half of the country’s manufacturing industry laborers.  

In terms of real estate, Manila is on the rise.  Demand for office spaces and houses have been increasing, and condominiums are already everywhere.

Top 5 Facts

  • Manila is often called the Pearl of the Orient.
  • Around 12 percent of the population of the Philippines is concentrated in the Manila metropolitan area.
  • Almost all of Manila's population is Roman Catholic.
  • The Quiapo is home to a sizable Muslim population in Manila, where Masjid Al-Dahab is located.
  • Nightlife in Manila, centers around Ermita and Malate, along with Intramuros.


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Stefane Anub, Lead Broker
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