Metro Manila: A Comprehensive Overview

Metro Manila, also known as the National Capital Region (NCR), is the capital region of the Philippines and the country’s center of economy, culture, education, and government. It is located on the eastern shore of Manila Bay and is bordered by the provinces of Bulacan to the north, Rizal to the east, and Cavite and Laguna to the south.

An Overview of Metro Manila

Metro Manila is composed of 16 cities: the City of Manila, Quezon City, Caloocan, Las Piñas, Makati, Malabon, Mandaluyong, Marikina, Muntinlupa, Navotas, Parañaque, Pasay, Pasig, San Juan, Taguig, and Valenzuela, as well as the municipality of Pateros.

As of 2020, the population of Metro Manila is approximately 13.48 million, making it the most populous region in the Philippines. The region has an area of 619.57 square kilometers, making it the smallest region in the country.

Economically, Metro Manila is the country’s main economic driver, contributing 36% of the Philippines’ Gross Domestic Product (GDP). It is home to the headquarters of most of the Philippines’ largest companies, major commercial centers, and the country’s main seaport and airport.

The real estate market in Metro Manila is diverse and dynamic. It is characterized by a mix of high-rise condominiums, commercial buildings, and residential houses. The cities of Makati and Bonifacio Global City in Taguig are known for their high-end real estate market, while other areas offer more affordable housing options. The real estate market has been experiencing growth over the years, driven by factors such as urbanization, the growing economy, and the demand for housing and commercial spaces. However, like any market, it also faces challenges such as traffic congestion, infrastructure needs, and the impact of natural disasters.

Exploring the Cities of Metro Manila

Manila

Manila, the capital city of the Philippines, is located on the eastern shore of Manila Bay. It is one of the oldest cities in the country and is the most densely populated city proper in the world.

As of 2020, the city has a population of 1,780,148 people. It is the second most populous city in the Philippines, next to Quezon City. The population density is approximately 42,857 people per square kilometer, which is one of the highest in the world.

Manila’s total land area is 42.88 square kilometers (16.56 square miles). It is divided into six legislative districts and consists of 16 districts, excluding the Port Area.

Economically, Manila is a major center for commerce, banking and finance, retailing, transportation, tourism, real estate, new media, traditional media, advertising, legal services, accounting, insurance, theater, fashion, and the arts in the Philippines. The Port of Manila is the largest seaport in the Philippines, making it the premier international shipping gateway to the country.

The real estate market in Manila has been booming in recent years. The city has seen a surge in demand for residential, commercial, and office spaces. However, the market is also characterized by high property prices and rental rates, particularly in the central business districts. The city’s skyline is rapidly changing, with numerous high-rise buildings and skyscrapers being built, particularly in areas like Makati and Bonifacio Global City.

Quezon City

Quezon City, located on the island of Luzon in the Philippines, is the most populous city in the country and one of the cities that make up Metro Manila, the National Capital Region of the Philippines. It was named after Manuel L. Quezon, the second President of the Philippines, who founded the city and developed it to replace Manila as the national capital. The city was the actual capital of the country for 28 years until it was reverted back to Manila in 1976.

Quezon City covers a land area of about 166.20 square kilometers, making it the largest city in Metro Manila in terms of land area. As of the 2020 census, it has a population of 2,960,048 people.

Economically, Quezon City is a significant hub of information technology and its related industries. It also houses several multinational corporations, earning it the nickname “Silicon Valley of the Philippines”. The city is home to the Philippines’ major broadcasting networks, media centers, and has a number of significant shopping centers.

The real estate market in Quezon City is dynamic and diverse, with a range of options from high-rise condominiums to suburban residences. The city’s strategic location, thriving economy, and the presence of numerous educational institutions make it an attractive place for real estate investment. However, like any urban area, it also faces challenges such as traffic congestion and pollution.

Caloocan

Caloocan, officially the City of Caloocan, is a 1st class highly urbanized city in Metropolitan Manila, Philippines. It is the fourth-most populous city in the Philippines, with a population of 1,583,978 people as of 2015.

The city’s total land area is 53.334 square kilometers, which is divided into two geographical locations with a total combined area of 5,333.40 hectares. It was incorporated as a city on February 16, 1962.

Economically, Caloocan is part of the Metro Manila region, the National Capital Region of the Philippines, which is the center of economic activity in the country. The city is known for its textile and clothing industry, and it’s also home to several shopping centers.

As for the real estate market, Caloocan offers a mix of residential, commercial, and industrial properties. The city’s real estate market has been growing steadily, with a significant increase in property values over the years. The city is also home to several real estate developments, including residential subdivisions and condominiums.

Las Piñas

Las Piñas, officially the City of Las Piñas (Tagalog: Lungsod ng Las Piñas), is a city in the National Capital Region of the Philippines. According to the 2020 census, it has a population of 590,000 people. The city is known for its Bamboo Organ, which was built in the 19th century and is located inside the St. Joseph Parish Church in the old district of the city.

Las Piñas covers a total land area of 32.69 square kilometers. It is bounded to the northeast by Parañaque; to the southeast by Muntinlupa; to the west and southwest by Bacoor; and to the northwest by Manila Bay.

Economically, Las Piñas is a notable hub for trade and commerce, with a thriving local economy. It is home to several shopping malls, supermarkets, convenience stores, and other retail establishments. The city also has a number of industrial factories and manufacturing plants.

The real estate market in Las Piñas is quite active, with a mix of residential, commercial, and industrial properties. The city offers a range of housing options, from affordable to high-end, and is known for its well-planned subdivisions and gated communities. The city’s strategic location, modern infrastructure, and availability of amenities make it an attractive place for real estate investment.

Makati

Makati, officially the City of Makati, is a highly urbanized city in the Metropolitan Manila region of the Philippines. It is the financial center of the country, hosting numerous multinational corporations and major banks.

Here’s a summary of the key information about Makati:

Land Area: Makati spans an area of 27.36 square kilometers.

Population: As of 2020, the city has a population of 582,602.

Economic Situation: Makati is known as the financial center of the Philippines. It has the highest concentration of multinational and local corporations in the country, with major banks, corporations, department stores as well as foreign embassies located in Makati. The biggest trading floor of the Philippine Stock Exchange is situated along the city’s Ayala Avenue. Makati also has over 62,000 registered business enterprises, which are engaged in financial services, wholesale/retail, services, real estate, export/import, and manufacturing.

Real Estate Market Situation: Makati’s real estate market is primarily commercial with a smaller residential sector. The city is known for its high-end real estate and is home to many of the country’s wealthiest people. Makati’s skyline is one of the most developed in the Philippines and is a testament to its robust real estate market. The city is home to many skyscrapers, including the PBCom Tower, the country’s tallest building. The city also has numerous residential condominiums, including those located in the Rockwell Center and the Ayala Center.

Malabon

Malabon, officially known as the City of Malabon, is a 1st class highly urbanized city in Metropolitan Manila, Philippines. It has a total land area of 15.96 square kilometers and a population of 365,525 as of the 2020 census.

The city is known for its rich history and cultural heritage, with numerous historic houses, churches, and establishments dating back to the Spanish colonial period. It is also famous for its culinary scene, with local specialties such as Pancit Malabon and puto sulot.

Economically, Malabon is a highly industrialized city with numerous manufacturing and fishing industries. It is home to several shopping centers, markets, and commercial establishments that contribute to its local economy.

The real estate market in Malabon is diverse, with a range of residential, commercial, and industrial properties available. However, the city is prone to frequent flooding, which can affect property values and the overall real estate market.

Mandaluyong

Mandaluyong is a city in the Philippines located directly east of Manila. It is one of the cities that make up Metro Manila, the National Capital Region of the Philippines. The city is known for the Ortigas Center, a commercial and business center that is also shared with the city of Pasig.

Here is a summarized information about Mandaluyong:

Land Area: Mandaluyong spans a relatively small area of 21.26 square kilometers (8.21 sq mi). Despite its small size, it is densely populated.

Population: As of the 2020 census, Mandaluyong has a population of 386,276. The city is known for its dense population, which is a common characteristic of many cities in Metro Manila.

Economy: Mandaluyong plays a significant role in the Philippine economy. The city is home to a number of shopping malls, entertainment hubs, commercial establishments, and office buildings. The Ortigas Center, one of the top business districts in the country, is partially located in the city. This center houses many shopping malls, skyscrapers, and other establishments.

Real Estate Market: The real estate market in Mandaluyong is robust, with a mix of residential, commercial, and office spaces. The city’s strategic location and its range of available properties make it an attractive place for real estate investment. The presence of the Ortigas Center also contributes to the city’s active real estate market.

Marikina

Marikina, officially known as the City of Marikina, is a 1st class highly urbanized city in the National Capital Region of the Philippines. It is one of the oldest municipalities in the Philippines and has a rich history.

The city has a total land area of 22.64 square kilometers. As of the 2020 census, it has a population of 456,059 people, making it the 14th most populous city in the Philippines and the 3rd most populous in the National Capital Region.

Economically, Marikina is known for its shoe industry, earning it the nickname “Shoe Capital of the Philippines”. The city is home to the world’s largest pair of shoes, certified by the Guinness World Records. The shoe industry in Marikina started during the time of Don Laureano “Kapitan Moy” Guevarra, and the industry has grown ever since, with many local and international brands sourcing their products from the city.

The real estate market in Marikina is quite active, with a mix of residential, commercial, and industrial properties. The city is known for its well-planned residential communities and commercial centers. The city government has also implemented strict building codes to ensure the quality of buildings and infrastructure in the city.

Marikina is also known for its environmental initiatives. It is considered one of the cleanest and greenest cities in the Philippines. The city has implemented strict waste management and recycling programs, and it has been recognized for its efforts in maintaining its environment.

Muntinlupa

Muntinlupa, officially known as the City of Muntinlupa, is located in the National Capital Region of the Philippines. It is classified as a highly urbanized city and is the southernmost city in the National Capital Region.

Here’s a summarized information about Muntinlupa:

Land Area: Muntinlupa spans a total land area of 39.75 square kilometers.

Population: As of the 2020 census, the city has a population of 543,445 people.

Economy: Muntinlupa is known as the location of the national insular penitentiary, the New Bilibid Prison, where the country’s most dangerous criminals were incarcerated. Additionally, it has a robust commercial sector with shopping malls, a central business district (Filinvest City), and other commercial establishments. The city is also the home of some of the country’s biggest businesses, including the Asian Hospital and Medical Center, and the headquarters of the Food and Drug Administration (FDA).

Real Estate Market: The city’s real estate market is thriving, with Filinvest City being a notable commercial and residential hub. It is a self-contained urban development that houses a diverse mix of residential, office, retail, and leisure developments. The city also has a number of residential subdivisions and gated communities.

Navotas

Navotas is a city in the Philippines, located in the National Capital Region (NCR) of the country. It is one of the cities and municipalities that make up Metro Manila.

Land Area and Population: Navotas occupies a land area of 10.77 square kilometers. As of the 2020 census, it has a population of 249,463.

Economic Situation: The city’s economy is largely based on fishing and related industries. Navotas is known as the “Fishing Capital of the Philippines” because the livelihood of many of its residents is derived from fishing and its related industries. The city is also home to the Navotas Fish Port Complex, which is considered one of the largest and most important fishing ports in Asia.

Real Estate Market Situation: The real estate market in Navotas is primarily residential, with a mix of low to mid-rise residential buildings. The city is largely built-up, with little vacant land available for new developments. The real estate market is relatively stable, with modest growth in property values over the past few years.

Parañaque

Parañaque, officially the City of Parañaque (Tagalog: Lungsod ng Parañaque), is a 1st class highly urbanized city in Metropolitan Manila, Philippines. According to the 2020 census, it has a population of 739,141 people. It is bordered to the north by Pasay, to the northeast by Taguig, to the southeast by Muntinlupa, to the southwest by Las Piñas, and to the west by Manila Bay.

The city occupies a total land area of 47.69 square kilometers. It is divided into two districts, each of which is subdivided into several barangays. The city is known for its diverse cultural heritage and vibrant local economy.

Parañaque’s economy is largely driven by trade, services, and real estate. The city is home to several shopping malls, entertainment hubs, and commercial establishments. It is also the site of the Entertainment City, a gaming and entertainment complex.

The real estate market in Parañaque is dynamic, with a mix of residential, commercial, and industrial properties. The city’s strategic location, coupled with ongoing infrastructure developments, has made it an attractive location for property investors. The city’s real estate market is characterized by a mix of high-end condominiums, gated communities, and commercial spaces.

Pasay

Pasay is a city in the Philippines, located on the eastern shore of Manila Bay. It is one of the cities that make up Metro Manila, the National Capital Region of the Philippines.

Here’s a summary of the information about Pasay:

Land Area: Pasay covers a total land area of 18.64 square kilometers.

Population: As of the 2020 census, it has a population of 416,522. The city is known for its diverse cultural heritage and vibrant cityscape.

Economic Situation: Pasay is a major center of commerce and tourism. It is home to the headquarters of the Philippine Department of Foreign Affairs and several foreign embassies in the Philippines. It also hosts various entertainment venues, such as the SM Mall of Asia, one of the largest malls in the world, and the Resorts World Manila. The city’s economy is also bolstered by industries such as retail, food, and real estate.

Real Estate Market Situation: The real estate market in Pasay is thriving, with a mix of residential, commercial, and industrial properties. The city has seen significant growth in its real estate market due to its strategic location and the presence of various commercial establishments and entertainment venues.

Pasig

Pasig is a city in the Philippines located along the eastern border of Metro Manila. It is one of the oldest cities in the country and has a rich historical background.

Here’s a summarized introduction to Pasig:

Land Area: Pasig spans a land area of approximately 31.00 square kilometers.

Population: As of 2020, the city has a population of about 755,300 people.

Economic Situation: Pasig is one of the highly urbanized cities in the Philippines. It is a major economic hub with various industries contributing to its economy. The Ortigas Center, one of the top business districts in the country, is located in this city. It houses many shopping malls, skyscrapers, and multinational corporations.

Real Estate Market Situation: The real estate market in Pasig is robust, with a mix of residential, commercial, and industrial properties. The city is known for its high-rise condominiums and office buildings, especially in the Ortigas Center. It is a preferred location for businesses and individuals seeking a balance between city living and suburban comfort.

Pateros

Pateros, officially known as the Municipality of Pateros, is a first-class municipality in Metro Manila, Philippines. It is the smallest political subdivision in the country in terms of land area, covering only 2.10 square kilometers. Despite its small size, it is densely populated, with a population of 63,840 people as of 2020.

The economy of Pateros is primarily driven by local businesses, including retail, food services, and manufacturing. The municipality is known for its local industries, such as balut (duck egg) production and the crafting of alfombra (traditional Filipino footwear).

In terms of real estate, Pateros offers a mix of residential, commercial, and industrial properties. The residential market is characterized by a mix of traditional houses, condominiums, and apartments. The commercial market includes retail spaces, offices, and other business establishments. The industrial market is smaller and includes manufacturing and warehouse spaces.

San Juan

San Juan, officially known as the City of San Juan, is a 1st class highly urbanized city in the National Capital Region of the Philippines. It is the smallest city in terms of land area in the Philippines, covering just 5.94 square kilometers. Despite its small size, it is densely populated, with a population of 122,180 as of 2020.

Economically, San Juan is known for its dynamic local economy. The city is home to several commercial and business establishments, including Greenhills Shopping Center, one of the country’s most popular shopping destinations. The city’s economy is also supported by various industries such as retail, food services, real estate, and manufacturing.

The real estate market in San Juan is thriving, with a mix of residential, commercial, and industrial properties. The city offers a range of housing options, from high-rise condominiums to traditional houses. The city’s strategic location, combined with its robust economy, makes it an attractive place for real estate investment.

Taguig

Taguig is a city located in the Philippines, within the region of Metro Manila. It is one of the most populous cities in the country, with a population of approximately 804,915 as of 2020. The city covers a land area of about 53.67 square kilometers.

Economically, Taguig is a significant urban center in the Philippines. It is home to Bonifacio Global City (BGC), one of the leading financial and lifestyle districts in the country. BGC is known for its high-end commercial and residential developments, making it a hub for multinational corporations, upscale shopping centers, and luxury residences. The city’s economy is diverse, with sectors including manufacturing, retail, real estate, and services contributing significantly to its growth.

The real estate market in Taguig, particularly in BGC, is robust and dynamic. It is characterized by high demand for both commercial and residential properties. The city’s strategic location, modern infrastructure, and the presence of multinational companies have made it a preferred location for real estate investment. The real estate market features a mix of high-rise condominiums, office buildings, and retail establishments. Despite the challenges posed by the COVID-19 pandemic, the real estate market in Taguig has shown resilience, with the demand for office spaces and residential units remaining relatively stable.

Valenzuela

Valenzuela, officially known as the City of Valenzuela or simply Valenzuela City, is a highly urbanized, first-class city in Metro Manila, Philippines. It is one of the cities and municipalities that make up Metro Manila, the National Capital Region of the Philippines.

Valenzuela City covers a total land area of approximately 44.59 square kilometers. As of the 2020 census, it has a population of 714,978 people. This makes it the 13th most populous city in the Philippines and the 3rd most populous in Metro Manila.

Economically, Valenzuela is known for its vibrant and diverse industries. It is home to several industrial parks, which are mostly located in Canumay East and West, and Parada and Paso de Blas districts. These parks host many multinational companies and provide a significant number of jobs for the residents. The city’s economy is also supported by the retail industry, with numerous shopping malls, supermarkets, and public markets spread throughout the city.

In terms of the real estate market, Valenzuela City offers a mix of residential, commercial, and industrial properties. The city has seen a surge in property development in recent years, with new residential subdivisions and condominiums being built, especially in areas near the city’s commercial centers. The city government has also been active in providing affordable housing options for its residents.

Overall, Valenzuela City is a bustling urban center with a robust economy and a growing real estate market. It continues to attract investors and residents alike with its strategic location, modern infrastructure, and vibrant local economy.

Source: wikipedia

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