Parañaque is a first-class city situated in Metro Manila’s southern part. It is within Metro Manila’s outskirts, making it a fringe city. As a fringe city, Parañaque is among the top rental hotspots for renters on a tight budget as it offers the same benefits as other cities in Metro Manila at a lower cost. Bordering Parañaque to the southeast is Las Piñas, Muntinlupa to the southwest, Manila Bay to the west, Taguig to the northeast, and Pasay to the north.
Parañaque houses mixed-use developments like the Alphaland Bay City, Amvel Amusement Park, and PAGCOR Entertainment City that house several corporate offices, luxurious hotels, and entertainment centers, providing many opportunities for investors and property seekers. Parañaque is ideal for job seekers looking to establish their careers in a metropolitan area and move into an affordable apartment for rent in Parañaque.
If you are fond of hanging out and eating out with friends, Parañaque has various leisure facilities such as bars, casinos, and malls, making it the perfect place for those who want to occasionally splurge. Some of Parañaque’s leisure facilities are:
Parañaque also provides convenience and easy access to necessities with all the malls and business centers surrounding it. Within Parañaque are:
There are government agencies and hospitals that are also in Parañaque, making it easier to process public documents and providing easy access to medical facilities, especially during emergencies. The government agencies and hospitals situated in Parañaque are:
With the establishment of the Parañaque Integrated Terminal Exchange (PITX), it has become easier for commuters all around Luzon to access Parañaque. Living in an apartment for rent in Parañaque is ideal for employees who want to go home to their provinces during their day-offs. PITX offers bus trips to different provinces and cities in Metro Manila, making it easier for Parañaque residents to travel to different destinations. Also in PITX are various restaurants and retail shops that allow commuters to relax and unwind while waiting for their scheduled trip.
You can rent an apartment in Parañaque for as low as PhP 9,000 to PhP 40,000, depending on the apartment type. For those on a tight budget, multiple occupancy apartments are the practical option as you can enjoy a spacious apartment at a lower cost.
Within Parañaque are several recruitment agencies and corporate offices, providing many opportunities to blue-collar and white-collar workers alike. The rising number of mixed-use developments in Parañaque also provides more job opportunities in different fields.
Since the establishment of PITX and the construction of mixed-use developments, Parañaque’s economy significantly rose as the new establishments added to the already heavy foot traffic, posing promising business opportunities to investors. Parañaque’s proximity to the Ninoy Aquino International Airport (NAIA) also attracts tourists looking for a nearby accommodation where they can rest before or after a long flight.
Are there any real estate projects in Parañaque that are worth checking?
One of the famous real estate projects in Parañaque is the Azure Urban Resort Residences developed by Century Properties in collaboration with Paris Hilton. Azure offers a cosmopolitan lifestyle, making it one of the top options for people looking for a staycation situated in a practical location.
Are there rent to own condos in Parañaque?
Situated in Parañaque are various condominium projects that offer rent to own packages. For those who want lower prices, there are also various condo developments in Parañaque that are offering pre-selling rates.
What Types of Apartments are Available in Parañaque?
The common types of apartments for rent in Parañaque are studio apartments, multiple bedroom apartments, and loft apartments.