Accommodation in Manila

apartments in Manila
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Updated 2019-08-30 13:02

There are lots of renting options to choose from when relocating in Manila. Condo style of living is pretty common, especially in districts like Eastwood City, Century City, Rockwell Center, and Fort Bonifacio Global City.

The Philippines has progressed and left its shadows to be at parity with its neighbouring Southeast Asian countries. If you are considering relocating to the Philippines and are looking at the capital city of Manila, rest assured that this bustling metropolitan is filled with opportunities and various activities. In fact, over the years, large numbers of expatriate families have moved to Manila. Finding accommodation will be one of your major concerns upon relocating. 

Popular neighbourhoods in Manila

Manila consists of 16 districts, namely: Binondo, Ermita (which is a tourist area), Intramuros (a fort which was built by the Spanish), Malate (another tourist area), Paco, Pandacan, Port Area, Quiapo, Sampaloc, San Andres, San Miguel, San Nicolas, Santa Ana, Santa Cruz, Santa Mesa and finally Tondo (known for its slums). Like most capital cities in the world, Manila can boast about being the country's economic, cultural, educational, religious, and sports hub. 

The city consists of several neighbourhoods, namely Bel Air, Dasmarinas, Magallanes, North and South Forbes, San Lorenzo and Urdaneta, where you are more likely to find individual houses.

There will be plenty of condominiums in Metro Manila, but the following are said to be the top residential areas for expatriates:

The local rental market

The leasing cost of various residential options such as condo units, bed spaces (shared rooms) and apartments are strongly driven by the growth and developments in the area, rather than the population density in the city. Like most places, condos, bed spaces and apartments have higher rental rates in areas that are within CBD or near the business centre compared to other locations. The higher rental price can be attributed to the economic activity in the area and the sprouting developments. This includes everything from upscale retail outlets to high-end lifestyle choices. Properties in these locations are driven by the strong demand and the accessibility of its location from various points in the metro.

Rent prices in Manila

Rental prices in Manila vary a lot across locations. For example, apartments in Makati usually cost between 25,000 pesos (studio or one-bedroom unit) to 100,000 pesos (2 to 3 bedrooms). Meanwhile, locations like Manila, Quezon City and Marikina have an average monthly rate of 15,000 pesos with the lowest rental prices attributed to tenants who are students. Taguig, home to Bonifacio Global City (BGC), has posted the highest average monthly rate as compared to any other locations in the metro. It usually commands around 30,000 pesos to 100,000 pesos for studio type and one-bedroom units, while two to three-bedroom units cost 45, 000 pesos to 320, 000 pesos. Ortigas, considered as the country's second business district has a lot of renting options as well, ranging from 20,000 pesos to 90,000 pesos per month for studio type and one-bedroom apartments, while two-bedroom apartments will range between 30,000 pesos and 155,000 pesos per month. 

Lease conditions in Manila

Note that lease contracts generally have a 1-year term, which is renewable. Moreover, you are usually required to pay a deposit, which is generally equal to two months' rent. However, the sum can be negotiated with the owner, even if you go through a real estate agency.

Accommodation options in Manila

If you are looking at apartments or shared room options in Manila, here is a list of the common living space characteristics that you might encounter:

  • Most apartments or even condominiums can be rented out semi-furnished. A fully furnished apartment and condo will be costlier as compared to a semi-furnished one. Approximately 3 to 4 pax cohabit in the same apartment. 
  • Limited space can be a common issue for condo units. Renting out can also be tight on the budget, but security guard services and shared amenities like swimming pool, gym, jogging path and function halls deem it to be an attractive choice
  • Bed spacing options provide shared facilities such as TV, kitchen and refrigerator for all the tenants. Bed spacers usually have to pay for metered utilities like water and electricity.
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