Apartments & Condos for Sale in Caloocan City
The City of Caloocan is a first-class, highly-urbanized city in Metro Manila. It is divided into two geographical locations with a total combined area of 5,333 hectares. Hence, it earned the nickname of “The Only Divided City in the Philippines.” It currently has a population count of more than 1.6 million people, making it the fourth most-populous city in the country.
Formerly a part of the Province of Rizal, Caloocan City is situated in the area where the old town of Tondo and Tambobong (original name of Malabon) met. Hence, it is believed that the city's name was derived from the term “kaloob-looban” that literally means “innermost.” It is a densely populated city that is primarily a residential and industrial area. Some of the City of Caloocan’s notable tourist destinations include a nature park, a Catholic church, taoist temple, the oldest leprosarium in Asia, a commercial establishment, leisure park, entertainment venue, sports complex, and a halfway house for illegal drug dependent. The city is accessible via public transport and light rail transit. A pre-selling condo can cost PHP 2.9 million to PHP 4.7 million, while a brand new condo for sale ranges from PHP 1.3 million to PHP 11 million. If you have a limited budget, a pre-owned condo in Caloocan City can cost PHP 1.02 million. You can also score a bank foreclosed unit for PHP 6.2 million to PHP 7 million. Some of the amenities you can enjoy include swimming pools, children’s playground, clubhouse, fitness gym, function hall, and a verdant landscape. On the other hand, the City of Caloocan is also an excellent place where you can look for a property for sale. A worthy investment includes 240 sqm. seven-unit apartment that has a PHP 40,000 monthly income potential. This apartment costs PHP 9 billion.
For as low as PHP 2.9 million, you can have 39 sqm. two-bedroom unit that is available for pre-selling. But if you are looking for an RFO condo for sale, you can score an unfurnished 24 sqm. studio unit for at least PHP 1.4 million. One of the cheap condo for sale you can find on Carousell is a pre-own 27 sqm. studio unit that costs PHP 1.02 million or a bank foreclosed 104 sqm. two-bedroom Caloocan City condo that is worth PHP 6.2 million.
Frequently Asked Questions (FAQs)
What is the average cost of property in Caloocan City?
A pre-selling condo can cost PHP 2.9 million to PHP 4.7 million, while a brand new condo for sale ranges from PHP 1.3 million to PHP 11 million. If you have a limited budget, a pre-owned condo in Caloocan City can cost PHP 1.02 million. You can also score a bank foreclosed unit for PHP 6.2 million to PHP 7 million.
Why should I invest in Caloocan City?
Caloocan City is a densely populated city that is primarily a residential and industrial area. Accessible via public transportation and light rail transit, the city is home to many notable colleges and universities, hospitals, hotels, shopping malls, restaurants, and more.
Is a condo different from a house and lot?
Although both properties are made for residential purposes, a condo unit is different from a house and lot. A condo unit is located within a building, which is composed of multiple floors and similar units. It is also smaller in square foot. A house and lot, on the other hand, is the whole property including the land.
Is it better to live in a condo or house and lot in Caloocan City?
If you prefer to not worry about property maintenance and security, you may opt to buy an affordable condo for sale. Most maintenance is usually handled by the building owner or property managers whereas, in a house and lot, you will need to handle all the maintenance. In addition, condos in Caloocan City offer exclusive amenities and facilities that are not usually available in other property types.
I want to buy a property via Carousell is it safe?
It is safe to buy properties via Carousell since you can easily verify the listing by simply giving the seller/developer a message through the website’s chat feature.