Pasig City

A brief look at the city’s history

Before Pasig transformed into the city we know today, it underwent drastic changes that marked some of its historical highlights. 

The city’s history dates back to the pre-colonial era. Based on genealogical records, the first people who inhabited Pasig City were the indigenous Tagalog community headed by Rajah Lontok and Dayang Kalangitan, both of whom are said to be related to the first people in Tondo and Manila. 

The city’s name, Pasig means “a river that flows into the sea”. Coincidentally, Pasig River is one of the historical landmarks in the city with a strategic location that bisects not just Manila but other surrounding areas including Marikina and San Juan. Pasig River stretches over 25 kilometers, connecting Laguna de Bay and Manila Bay. 

Before Pasig City became officially part of Metro Manila, it was originally part of Rizal province from 1901 until 1975.

The city we know today

Nestled along the capital’s eastern border, the Pasig City which was once a rural settlement is now a dynamic urban center teeming with commercial spaces, corporate headquarters, and upscale condominiums and homes.

Its strategic location near major highways like EDSA and C-5 adds to the fact that real estate investment in Pasig City is a great idea as it offers convenience among many other things. 

As a major business district in Pasig City, Ortigas Center is one of the driving forces that led to the rise of land values in the area considering it to be a prime location that attracts many property investors.

There’s also been a significant growth in residential developments in Pasig City, particularly condominiums and townhouses. 

But more than the increased land values in Pasig City, there has been a steady demand for both short-term and long-term rentals due to Pasig City’s proximity to key business districts, educational institutions, and commercial centers. 

With Pasig City’s continuous development, investors are optimistic with the city’s real estate landscape.

Real estate investments are big financial decisions that should not be taken lightly. Before deciding what property to purchase, may it be a condominium or house and lot, it’s equally important to consider its location and see if it is close to banks, hospitals, or schools, and its accessibility to public transportation.

Whether you're a first-time homebuyer, a seasoned real estate investor, or a starting family, there are a lot of reasons why Pasig City is the best choice for your property investment.

Accessibility

Convenience and accessibility are two major factors that make a city a good investment choice. Luckily, Pasig City checks both boxes.

Geographically, Pasig City’s location in Metro Manila makes it accessible to various business districts, commercial centers, and other key establishments in the capital region. Major thoroughfares like EDSA and C-5 contribute to this accessibility, making shorter travel times when driving to other cities like Quezon City, Makati, and Taguig.

Significant infrastructure developments such as the Kalayaan Bridge project are also contributing factors to the city’s accessibility, with local government projects making sure roads and bridges are well-maintained for ease of travel.

Transportation 

Traveling within the city poses no problem, thanks to its well-established public transportation system which includes buses, jeepneys, and tricycles, as well as the LRT 2 and MRT 3 lines that pass through Pasig City. The upcoming Metro Manila Subway Project which is set to be completed in 2027 is a great addition to efficient and faster transportation. Easy access to public transport makes it convenient for residents to move around the city and beyond.

Convenience and Accessibility

Another thing to keep in mind is your property's proximity to major key areas. These include reputable schools, healthcare institutions, huge malls, and other essential establishments such as banks and transportation networks.

These are a necessity especially if you want to have everything within your reach. Living in Pasig City offers this metropolitan convenience.

Some primary and secondary schools in Pasig City include Pasig Catholic College, Pasig City Science High School, Pamantasan ng Lungsod ng Pasig, La Consolacion Pasig, St. Paul College of Pasig, and the University of Asia and the Pacific. Notable international schools such as Reedley International School, Saint Gabriel International School, and Domuschola International School are also in Pasig City.

When it comes to hospitals, the city is home to The Medical City Ortigas, one of the premier hospitals in the country.

For leisure and entertainment, The Podium, Estancia, and Ayala Malls Feliz are just three of the city’s go-to shopping malls often visited by residents, tourists, and even from neighboring cities.

These shopping malls are more than just for leisure because aside from cinemas and clothing stores, there are grocery stores, appliance centers, furniture shops, restaurants, and drugstore chains to cater to your needs.

Rising rental market

Pasig City’s rental market continues to rise along with the growing demand for both residential and commercial properties. The city was included among the top 5 condo-seeker hotspots following the 33% increase in demand for condo units in Metro Manila.

This is supported by the Global Property Guide’s research that shows gross rental yields in Metro Manila remain high at 7.01% for the small 45 sqm condo units and 7.16% for 80 sqm condo units.

Meanwhile, infrastructure projects like the BGC - Ortigas Center Link and the Manggahan Floodway Expansion are just two of Pasig City’s notable developments. These projects improve the city’s growth and connectivity, making it more attractive to both local and foreign investors and higher demand for properties in the city.

Increased demand for condo units

According to a report by Colliers Philippines, luxury condominiums took up 32% of the total property uptake in 2022, with a 5% increase from the previous year. Demand is mostly for areas in business districts like the Bay Area, Fort Bonifacio, and Ortigas Center.

Meanwhile, there are continuous queries from expatriates, and local employees are driving up rental prices in major business districts like Makati, Fort Bonifacio, and Ortigas.

Thriving business district

Pasig City stands out as a compelling destination for real estate investors primarily because of Ortigas Center, the bustling business district in which the city shares its boundaries with Quezon City and Mandaluyong.

Big corporations like Jollibee, BDO, and San Miguel Corporation have chosen Ortigas Center as their major hub and many more are placing their companies at the center of the thriving business district.

Industry experts anticipate a rising trend of corporations establishing their presence in Ortigas Center, recognizing it as a vibrant and flourishing business hub within Pasig City.

Proximity to business hubs 

If you’re planning to invest in a property and rent it out in the future, consider choosing one near a business district. Many professionals look for condo units to rent near business districts like BGC and Ortigas Center to live closer to their workplace and avoid the long commute back home.

Constant urban developments

Pasig City’s transformation through the years has provided real estate opportunities both for residential and commercial investors. Local projects such as sidewalk accessibility and protected bike lanes are just two of the Pasig City government’s recent improvements.

Meanwhile, development plans in the East, particularly along C-5 have constantly been in the works, with property developers building masterplan communities - a combination of residential, office, and mixed-use commercial buildings, to rebuild and transform the riverside area.

These master-planned communities, in particular, aim to provide recreational and commercial attractions. Development projects like this are believed to transform this part of the metro as the next central business district in the capital region alongside BGC, Makati, and Ortigas Center.

Major property developers have started investing billions in this riverside metropolitan transformation project that is deemed to offer a particularly bright future for property investors.

A bright future ahead

Looking at Pasig City, you’ll see that it has it all. It offers a great balance between quality living and business opportunities that drive consistent economic growth, making it the perfect city to invest in when it comes to residential and commercial investments.

If you’re thinking of having your first real estate investment property, chances are, you’ve considered buying a condo in a good location, with amenities to cater to your needs and offer convenience to everyday life.

Aside from its strategic location, security is another feature often prioritized by property buyers, followed by open areas and lush spaces for relaxation and comfort.

Luckily, DMCI Homes has condos for sale in Pasig City that offer exactly these and so much more.

Look into some of the preselling condos and ready-for-occupancy units DMCI Homes has in Pasig City that provide the best condo living experience in the metro.