Adios, Manila!: Why are People Moving Out?

An aerial view of Metro ManilaFilipinos long have the notion of wanting to step into Manila in hopes of finding greener pastures. After all, Manila is the capital and business center of the country and more jobs are available in the metro. But over the years, this notion of setting foot in Manila is slowly changing, at least for those who have had enough of the city.

In the last decade, more properties, businesses, and establishments are built on the outskirts of the metro, particularly in Cavite, Laguna, Pampanga, and Bulacan.

Checking on property reviews in Cavite will lead you to Lancaster New City Properties and other newly built properties in the area. Lots of reviews mean more occupants and interested homeowners. How did that suddenly happen? Why are people leaving Manila? Why are people investing in properties outside the metro?

Caviteproperties.com.ph shares some insights.

Lower cost of living

The price of a 3-bedroom house in Cavite is not even half the price of a studio type condominium unit in Manila. The stark contrast in prices is one of the reasons more people are starting to move out of the capital in hopes of owning a property at a more reasonable rate. This budding trend is also the reason there is a sudden increase in the number of developers offering housing packages outside the capital.

More options

Manila is scarce on land and buying a house enough to accommodate a family of five can be challenging. Moving just outside of Manila can give you the freedom of having a big house, a parking lot, and a garden because space is not as scarce.

Better traffic scenario

Manileños are no stranger to traffic jam to the point that it has become an accepted reality. Unfortunately, it has affected productivity, as well as the health of people. Getting out of Manila means being spared from getting stuck in daily traffic.

Job availability

Because there is barely any space left in Manila, businesses are also starting to move out of the city and investing in properties on the outskirts. As businesses come to Manila’s neighboring cities, so do job opportunities.

Are you saying goodbye to Manila soon? You are not alone. Finding the right location and property is key.