Apartment and Condo for Sale in Marikina City
Marikina City is a first class highly urbanized city in the National Capital Region of the Philippines. Based on the latest census, the area has a population of about 456, 059 people. Located along the eastern border of Metro Manila, Marikina is the main gateway of the Metro to Rizal and Quezon provinces. Formerly a rural settlement, it is now primarily residential and industrial and in recent years has become increasingly commercial as well. Known as the “Shoe Capital of the Philippines” for its famous shoe industry, the city of Marikina is considered one of the wealthiest local government units in the Philippines.
Marikina City offers a wide range of residential options that you can choose from. Different housing accommodations are located strategically in specific areas of the city. These properties are elegantly built and designed and boast of excellent amenities and facilities. Not only are these residences stunning, but they also come with affordable prices. One can find various Pre-selling and RFO apartment and condo units that are available for purchase, as well as luxurious Townhouses or House and Lots situated ideally near business and commercial establishments. Cheap Pre-selling 1 BR condo units can be bought for around PHP 3200000 – PHP 6700000 depending on the size of the property while 1 BR fully-furnished condominiums that are ready for occupancy can be availed for as low as PHP 4000000. For a price range of PHP 4500000 – PHP 4700000, one can also set their eyes on a 2 BR condo unit with complete building features that include Automatic Fire Suppression Systems, Fire Detection Alarm Systems, Garbage holding rooms and many more. As prestigious as the condo units themselves, the amenities that come with these properties truly ensure that residents get to experience a lavish and comfortable lifestyle. These facilities consist of adult and kiddie pools, fitness gyms, daycare centers, lounge areas, function rooms, game rooms, gazebos, jogging trails, 24-hour security, Wi-Fi access, CCTV Surveillance, and podium parking areas. For those opting to live in a much bigger space, Marikina also offers several Townhouses/House and lots for sale. These residences are beautifully built and yet cheaper compared to houses sold in other cities. 2- 3 storey houses with 3 bedrooms can be bought for a price ranging between PHP 5900000 – PHP 8500000. Meanwhile, RFO townhouses with 4 bedrooms are available for as low as PHP 6000000. These properties come with parking slots, a maid’s quarter, guest rooms, and a powder room. One can also find foreclosed properties in Marikina. These units are sold for as low as PHP 3000000 – PHP 3600000 and are actually in good condition. Those who would like to spend less but still want to avail of a luxurious property, may look into these housing options. Marikina is one of the most urbanized cities in Metro Manila. Several businesses, commercial institutions, and industrial establishments are situated in the vicinity. Moreover, other progressive cities surround Marikina making it quite the ideal place to settle in.
Opting to invest in a residential property in Marikina City is a good decision. The city is constantly progressing and the locals are well-disciplined. The place is also considered the “Greenest City” in the Metro because of its commitment to cleanliness, tranquility, and safety. Carousell provides a number of listings for properties up for sale in this area as well as information on the flexible modes of payment for each unit which include down payment up to several months, monthly instalments, and payments via bank financing. If you are interested to know more about the housing opportunities in this location, you may go through the listings and directly contact the sellers and owners through Carousell.
Frequently Asked Questions(FAQs)
Why should one invest in Marikina City?
Marikina is a progressive city with a wide range of business, commercial, and industrial establishments. It is nestled against other highly urbanized and developed cities such as Quezon City and Pasig City. Financial opportunities are immense in this location. Moreover, properties in this place are quite cheap and affordable but are well-constructed and developed. Also, the city provides a number of transportation services making commuting easier and more convenient.
Is Marikina city a good place for families?
Families will love this place. Marikina boasts of a number of shopping malls, parks, supplies shops, restaurants, and bars. Families can go to these places and bond. Besides, Marikina is home to several shoe stores, and the footwear being sold in these shops are durable but very cheap. Who wouldn’t love that?
What is the average cost of a property in Marikina City?
The average cost of 1 BR condo units in Marikina is around PHP 4500000. 2 BR condo units on the other hand cost an average price of PHP 4700000. 3 BR Townhouses can be purchased for around PHP 5000000 – PHP 6000000. Units are relatively cheaper compared to properties sold in other places but they are equally elegant as the properties in surrounding cities.
What is the difference between an RFO Condo Unit and a Pre-Selling Unit?
RFO Condo Units are ready made and can be occupied by the buyers once the purchase has been finalized. Pre-Selling units are properties sold even before construction or completion.
Which is better, an RFO Unit or a Pre-Selling Property?
For buyers ready to move in immediately, RFO units are the best option. Those who are willing to wait may avail of the Pre-Selling units on the other hand.
Are condos attached or detached?
Condos just like townhouses are attached units. Each unit shares walls with its neighbors.
Is it safe to buy a property in Carousell?
Yes! Carousell is a legitimate website that offers various property listings in different places in the Metro. A lot of people have Carousell apps even on their phones and there are a number of testimonies attesting to its authenticity. Just always be diligent in dealing with property listings on the website by checking reviews.
What is a Detached home?
Also known as a stand-alone house, a detached home is a free-standing residential structure that does not share walls with other houses.
What is a foreclosed home?
A foreclosed home is a house that's seized and put up for sale by the bank that gave the original owner a loan. When you see a home listed as foreclosed, it means that it's owned by the bank.