Wazzup Pilipinas!
In real estate, the adage “drive and drive until you qualify” holds true, especially in the case of Metro Manila. As homes in the capital become more expensive, many first-time homebuyers whose work base is either Makati, Bonifacio Global City, or Ortigas Center are looking further afield in search of their dream home.
The good thing is that areas that surround the capital abound with affordable options for these homebuyers. Lamudi Philippines (www.lamudi.com.ph) picked the top cities and towns around Metro Manila for first-time buyers, using five factors to judge the best: market popularity, prices, inventory, and ease of commute to the capital.
1. San Jose Del Monte, Bulacan
Average home price: Php495,999
Inventory: 590
Although San Jose Del Monte, situated just north of Quezon City, has been previously known as the government’s go-to site for mass relocation projects, the city is now shedding that image and is fast becoming an economically important city. Big-ticket real estate projects, such as Ayala Land’s Altaraza Town Center, are putting San Jose Del Monte on the map. Homes in the city are still quite affordable, which average Php495,999, and plenty of inventory is available.