Manila Condos

Home Buyer's Guide: Manila Condos

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Intro

Manila is the 2^nd most populous city in the Philippines next to Quezon City.  Manila also holds the country’s famous shopping centers, restaurants, hotels, educational institutions, hospitals, etc.  Many people come to visit Manila to find work, to study, or just to have a vacation with their families and friends.  Some also want to make Manila their permanent address.

Being the 2^nd most populous city, Manila is very crowded.  Today, Manila’s population is still slowly increasing.  There is a high-demand for real estate developments throughout Manila because of its ever-increasing population.  Some of the most in-demand residential developments are condominiums.  Many people are now looking for Manila Condos in order for them to have a place to stay permanently or temporarily.

 Homebuyers who are looking for a condo unit in Manila will absolutely find this article a great help.  Aside from Manila condominiums, this article also gives a brief description of Manila, and discusses a few things to do and see in Manila.

Condominiums in Manila

Condominiums are mid-rise and high-rise buildings consisting of numerous individual units or rooms.  These units usually have: 1-Bedroom to 4-Bedrooms or more, living area, dining area, kitchen, bathroom, and sometimes have their own balconies and private gardens.  Condominiums also have amenities like: swimming pools, fitness gyms, basketball and badminton courts, playgrounds, open lawns, etc.  These amenities are all shared with the residents.  Each condo unit owner will contribute a monthly fee for the maintenance of the amenities.

townhouse Cavite

If you’re looking for a condo unit in Manila – whether it’s luxurious or affordable – you will definitely have many choices.  There are also many choices when it comes to Manila condo units for rent or units that are rent-to-own. 

Some examples of Manila condos are Torre de Manila and Trump Tower Manila.  Torre de Manila is the newest 1 tower condominium development of DMCI Homes which is located along Taft Avenue.  It offers 1-Bedroom to 3-Bedroom Units and resort inspired amenities.  Some units have their own private gardens and balconies.  Prices range from 2M – 5M.  Trump Tower Manila is a luxurious high-rise residential condominium developed by Century Properties Inc.  It is located at Kalayaan Avenue in Makati City.  This development - when completed – will be one of the tallest buildings in the Philippines.  It offers 1-Bedroom to 4-Bedroom units with prices ranging from 14M – 86M.

About Manila

Manila is one of the sixteen cities that comprise Metro Manila, which is the National Capital Region (NCR) and capital of the Philippines.  It is located on the eastern shores of Manila Bay and is bordered by Navotas and Caloocan to the north, Quezon City to the northeast, San Juan and Mandaluyong to the east, Makati on the southeast, and Pasay to the south.  Manila is the second most populous city in the Philippines, behind its neighbor, Quezon City.  It is the center of governance, education, religion and finance in the country.  Manila also serves as the Chief Seaport of the Country which is one of the busiest in the world.

Manila also boasts of numerous famous landmarks.  Some examples are the Manila Baywalk and the Rizal Park (Luneta Park).  Manila Baywalk is a public walkway overlooking Manila Bay along Roxas Boulevard.  It lies in front of Manila Bay where you can experience one of the most awe-inspiring sunsets of the world while enjoying your time together with your loved ones.  Rizal Park - also known as Luneta Park - is a historic urban park situated at the heart of the city of Manila.  It is one of the prime tourist attractions in Manila.  Rizal Park is the most intimate spot to socialize, unwind, or to have family picnics on Sundays and Holidays.

Top 5 Facts

• Manila was first known as Gintô (gold) or Suvarnadvipa by neighboring settlements, and was officially the Kingdom of Manila.
• Manila also became famous during the Manila-Acapulco Galleon trade which lasted for 3 centuries and brought goods from Peru and Mexico to Southeast Asia.
• Manila is located on the eastern shores of Manila Bay, which rests on the western shores of Luzon. 
• Under the Koppen climate classification system, Manila features a tropical savana climate that borders on a tropical monsoon climate.
• Tourism in Manila attracts over 1 million tourists each year.

Condominium Developers

In terms of condo units sold, these are the top 4 condominium developers in Metro Manila:

• 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.

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