Affordable Rent to Own House in Mandaluyong
Mandaluyong: An Address of Progress
The name of Mandaluyong has several stories surrounding it, often varying on who is asked. Some historians say that it may have come from came from Manda, the daughter of a tribal chieftain, and Luyong, a Maharlika despised by the former’s father. It was said that Luyong claimed Manda’s hand when he won a series of competitions in the tribe, as dictated by their custom. Manda-luyong, therefore, was the name given to the place where they settled. Other state that the area where Mandaluyong now stands was once home to a significant number of Luyong, a tree from which canes and furniture were made.
Today, Mandaluyong is neither famous for the fable of the two ancient lovers and their colourful past, nor for the abundance of trees along its paths. It now mostly recognized as the concrete jungle it has become, more specifically a centrally located city in Metro Manila teeming with progress in terms of finance, trade, business, and industry.
Where luyong trees might have once stood, skyscrapers owned by the largest corporations in the country have now risen. San Miguel Corporation, for instance, which is considered as one of the biggest, if not the biggest corporation in the country, holds office in Mandaluyong. Major commercial centers like SM Megamall and EDSA Shangri-La are also located within the city, flanked by numerous office buildings in places like Shaw Blvd. and Boni Ave.
Renting a House to Eventually Own in Mandaluyong
Along with the peace of mind that whatever you might one might need is available in a relatively nearby location, living in Mandaluyong also ensures that finding a way to get where one needs to go will hardly ever prove to be too difficult.
Mandaluyong is the location of several major transportation hubs. Among these are Metro Rail Transit (MRT) stations in the city’s Boni, Shaw, and Ortigas area. The MRT provides access to various parts of the Metro located along EDSA, with connections to the LRT Line-1 and LRT Line-2, which in turn leads to stations located in Manila, Pasay, Quezon City, and even in Marikina. SM Megamall is also among one of several places used as station’s for Point-to-Point (P2P) bus services, a mode of public transport which leads to major business districts like Ayala Avenue in Makati.
Apart from the aforementioned transport facilities, the city also houses several of the biggest and most famous retail and lifestyle centers in the country. These include The Podium, StarMall, Robinsons Forum, St. Francis Square Mall, Shangri-La Plaza Mall, and SM Megamall, to name a few. This is not countin the malls built on the lower floors of the various condominium projects within the city, as well as the other shopping malls that are not as sizeable.
Mandaluyong is also home to several of the top schools in Metro Manila and the Philippines overall. Among these are the Lourdes School of Mandaluyong, Jose Rizal University, Rizal Technological University, and Don Bosco Technical College.
Indeed, comprehensive urban living is a reality in Mandaluyong, which makes it one of the most in demand places in the Philippines in terms of residential properties. Not surprisingly, given that the city is a highly urbanized area centrally located in Metro Manila, houses for sale are modest in number, and often costly.
A townhouse located along Shaw, for instance, would go for Php 40,000 per month. Another townhouse in Addition Hills would also go for Php 40,000 a month. Buyers with larger budgets can also opt to buy larger homes like one in Mandaluyong’s Poblacion area that features four bedrooms and four bathrooms, and priced at Php9.5 million, an can be negotiated for rent-to-own terms.
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