Quezon City: Top notch living at a low price
The most populous city in Metro Manila is Quezon City. With more than 2.7 million people living there, there's no wonder that the once capital of the Philippines is bustling with so much energy. It's in Quezon City's legacy to welcome any common man who wants to make a living or start a new life in its hold. It is after all envisioned by the late President Manuel L. Quezon to become the "Barrio Obrero" of hardworking Filipinos.
Condominium for rent in Quezon City: Live with the stars
Aside from its nickname "Barrio Obrero," Quezon City is also playfully nicknamed as the "City of Stars." It received this moniker because three of major television networks, (ABS-CBN, GMA, and TV 5) are all located in the city. Hence, the stars and celebrities can be found in every corner of this historical municipality.
But aside from being a melting pot of famous people, Quezon City is also a proud university town. Top universities like the University of the Philippines, Ateneo De Manila Unversity, and Mirriam College can be found in Katipunan. Because of the huge number of millennial residents in this area, tons of fun establishments are founded such as the UP Town Center and the famous foodie spot, the Maginhawa Street.
Aside from establishments, there's also an increase in demand for cheap condominium for rent in Quezon City. Students and young professionals who wish to rent in the City of Stars can choose from various types of condominiums to rent. There are studio type condominiums for those who are in budget and also unit condominiums for those who are moving in with their family. There are also penthouse condominiums in prime locations for those who want to experience a luxurious type of living. Prices for rent start at P3,000 to P15,000 based on the type of property and its location. What's perfect is that you can also opt to share the condominium unit with your friends or roommates.
Apartments are also high demand property in Quezon City. Apartment for rent in Quezon City can be found in neighborhoods such as Commonwealth, Batasan Hills, Pasong Tamo, and Tandang Sora. These are perfect spots when you want to rent a relatively cheap apartment and still be near to all the hot spots in Quezon City.
Quezon City condo Market insight
The median rent price for condos in Quezon City is ₱ 23,513.
The gross rental yield on condos in Quezon City is 4.9%.