As a seasoned real estate expert, I’ve had the privilege of exploring various neighborhoods in the Philippines. One city that has always caught my eye is Pasay City. Known for its vibrant culture, bustling economy, and strategic location, Pasay City is a gem for first-time homebuyers. But let’s face it, buying a home for the first time can be daunting, especially when it comes to affordability. So, I’ve taken the liberty to compile a list of the 10 most affordable neighborhoods in Pasay City for first-time homebuyers. 🏡
1. Malibay
Malibay is a bustling neighborhood with a rich history. It’s known for its affordable housing options, making it a top choice for first-time homebuyers. The average price per square meter here is around PHP 60,000, which is quite reasonable compared to other areas.
2. Villamor Air Base
Next up is Villamor Air Base. This neighborhood offers a unique blend of residential and commercial properties. The average price per square meter here is approximately PHP 70,000.
3. Newport City
Newport City is a modern, integrated community that offers affordable condominium units. The average price per square meter here is around PHP 80,000.
4. Baclaran
Baclaran is a bustling neighborhood known for its market and church. The average price per square meter here is approximately PHP 50,000.
5. Taft Avenue Extension
Taft Avenue Extension is a commercial and residential area with affordable housing options. The average price per square meter here is around PHP 60,000.
6. F.B. Harrison
F.B. Harrison is a residential area with a variety of housing options. The average price per square meter here is approximately PHP 70,000.
7. Libertad
Libertad is a bustling neighborhood with a variety of commercial and residential properties. The average price per square meter here is around PHP 50,000.
8. Domestic Road
Domestic Road is a commercial area with affordable housing options. The average price per square meter here is approximately PHP 60,000.
9. EDSA Extension
EDSA Extension is a commercial and residential area with affordable housing options. The average price per square meter here is around PHP 70,000.
10. Park Avenue
Park Avenue is a residential area with a variety of housing options. The average price per square meter here is approximately PHP 80,000.
FAQs
Q: What is the average price per square meter in Pasay City?
A: The average price per square meter in Pasay City ranges from PHP 50,000 to PHP 80,000, depending on the neighborhood.
Q: Is Pasay City a good place for first-time homebuyers?
A: Absolutely! Pasay City offers a variety of affordable housing options, making it a great choice for first-time homebuyers.
Q: What are some factors to consider when buying a home in Pasay City?
A: Some factors to consider include the price per square meter, the neighborhood’s amenities, and its proximity to your workplace or school.
Conclusion
Buying a home for the first time is a significant milestone, and choosing the right neighborhood is crucial. Pasay City offers a variety of affordable neighborhoods, each with its unique charm and amenities. From the bustling streets of Malibay to the modern community of Newport City, there’s a neighborhood for every first-time homebuyer in Pasay City. So, take your pick and start your home buying journey today! 🏠
