Normally when Caloocan City is mentioned, what comes to mind are the crowds of people going to and from around the Monumento area. However, there is more than meets the eye in this city with a beauty yet to be discovered.
To begin with, Caloocan ranks second in terms of local economy growth and developed road network, thanks it is high earnings derived by the city government. It has the third lowest cost of living in Metro Manila. Not surprisingly, Caloocan landed among the top 10 of the most competitive cities in the Philippines, according to the National Competitiveness Council.
All the good things do not end there, as Caloocan constantly emphasizes its positive changes. With the local government's projects to build public cemeteries, new public markets, and health centers; the city stands as a testament that change has come. The continuous improvement of the road network and streetlights ensure that Caloocan is heading for a bright future. All of these, plus the enactment of city ordinances aimed at ensuring peace and order make Caloocan worth rediscovering.
Caloocan, with its dynamism and promising future, is certainly worth considering as a place to stay. It presents one of the most affordable housing industry with monthly apartment rental rates, for as low as Php3,000.
Take a look at the offerings at MyProperty.ph. If one desires for a comfortable place to stay, then the studio type apartment for rent in Bagong Silang should be the right choice for only Php3,500 a month.
Another studio apartment along Sangandaan is also being offered, available for only Php7,000 per month. The 18 sqm unit is located inside a brand new building. It has its own tiled toilet and bath with lavatory and kitchen sink as well as a granite counter top. It has built-in kitchen cabinets. The floors are also made out of granite. For security, the building is monitored by a CCTV System with night security guard. Fire alarm and sprinkler system are available with provisions for telephone/internet and cable TV installation. Each unit has its own power and water meters (not sub-meters). On top of it all the place is just along the main road for convenience.
There are many advantages to renting, especially in Caloocan. First, you have lesser responsibility for the place. A pipe bursts resulting in a chain of damage, and the owner of the place shoulders the repair bills. In contrast, if you own the place, all gets charged from your pocket.
Second, renting allows you to be free of debt (save, of course, from your monthly rental commitment). When you rent a place, all you pay for are the rent and the utilities, whereas if you try to purchase the place, it would most likely be through financing, such as a bank housing loan. This in turn will put you in debt by a huge sum of money, which will force you to stall other plans.
Third, you may have other priorities on top of home ownership, such as college education, financial investments, and others. Renting affords you a viable and flexible means to sustain both expenses without breaking the bank.
And finally, renting provides you with the utmost flexibility before finally deciding to settle in Caloocan. With terms that range from six months to one year; there should be a property for rent in this city that fits your needs accordingly.