The demand for properties outside Metro Manila has consistently risen among both high-income and low-income groups since the pandemic. Rizal, in particular, has experienced a surge in buying interest, especially with the stabilizing economy. This has also led to inventories running low in the neighboring cities of Rizal that are relatively closer to the city. Prices in Cainta, Taytay, and Antipolo have increased significantly making it difficult to find the bigger space that everyone has been looking for. So where to next? There’s a high chance that you have been eyeing Tanay, the next closest town to the peripheral cities to Metro Manila. And what’s even better is that it completely has a different vibe compared to these cities because of the amount of trees and greens present in the area. So if you’re a starting family, businessman, investor, OFW, retiree, outdoor enthusiast, or a farm lover and are looking to get your hands on a piece of Tanay, here’s a complete guide on property prices in the area both from the developer and secondary markets.
Tanay Resale Real Estate Prices - Lots
For the secondary market, it’s quite difficult to find smaller cuts of 300sqm and below. But if you are lucky to find one, most likely near the town proper, you may find them at a price of Php 700k to 1.5M more or less. Just be sure to double check the papers that these are titled and are not rights for sale. For those inside the already existing developments, prices for smaller residential lots range from Php 9,000 to 11,000 per sqm.
For titled farm lots with bigger cuts of 1,000sqm and up, you can find ones sold in the market for around Php 4,000-6,000 per sqm with a handful of them already with existing structures or fruit bearing trees. But these are also hard to come by since most of the lots for sale in the secondary market are a hectare big. For lots like these, prices start at Php 1000 – 2,500 per sqm specifically for the titled ones. It’s important to note as well that when looking for properties like these, it is quite common to find that utilities, right of ways, or paved roads are yet to be built on the property. So these are things to consider before investing in one.
Tanay Developer Real Estate Prices - Lots
One thing to notice in areas like Tanay, it is also quite common to find private individuals or small developer companies selling subdivided lots ranging from 500sqm below. They offer small reservation fees and flexible payment terms of up to 5 years, however one shall expect for these developments to still be under early stages of preselling where there’s a bit of a hike or trail going to the development. Prices for properties like these often range from Php 3,000 to 5,000 per sqm depending on whether the lot is an inner, corner, or prime lot in the village. If you are eyeing to purchase from developers like these, make sure to review their previously finished projects and investigate whether they completed those development or have had no problems with their buyers in terms of turnover or completion of utilities.
Here are some that we recommend:
Sta. Lucia
Now if you are looking for a more established and well known developer for your peace of mind since you are obviously investing a huge amount of money, there exists developers like Sta Lucia and A Brown who have built credibility in other provinces and cities in the Philippines.
Sta Lucia’s Verterra Highlands is currently preselling with property prices selling at Php 8,500 to 9,000/sqm for lots ranging from 500sqm and up. They also offer flexible payment terms for up to 10 years, see the sample computation below:
Regular Lot Lot area: 500 sq. m.
Price: Php8,500 per sq. m.
Total Selling Price: Php4,250,000
20% Down payment: Php850,000
Less 10% discount: Php85,000
Less Reservation fee: Php25,000 Net DP within 7 days: Php740,000
80% Balance: Php3,400,000
a) 10 years to pay: Php48,780.12 per month
Add: Misc. fee installment: Php2,014.32 per month
Ten years monthly amortization: Php50,794.45 per month
b) 5 years to pay: Php75,631.12
Add: Misc. fee installment: Php4,028.65 per month
Five years monthly amortization: Php79,659.77 per month
c) Three years to pay, NO interest: Php94,444.44 per month
Add: Misc. fee installment: Php6,714.41 per month
Three years monthly amortization: Php101,158.85 per month Miscellaneous fee is 6.5% (estimated cost) of Total Selling Price for title transfer expenses payable over the term of balance without interest
Sta Lucia also has Palo Alto Leisure and Residential Estates located at the boundary of Baras and Tanay. This village has allocated 17 hectares for its residential properties and 62 hectares for the farm residential estate lots. Prices for residential lots start at Php 11,000 per sqm while estate lots start at Php 9,000 per sqm. Check out the mode of payments available below:
20% Down payment
a) With 12% Discount (Outright Cash) Within in 7 Days OPTION 1 80% Balance
b) 5 to 10 years to pay 1st year to pay NO interest and 4 to 9 years @ 14% interest OPTION 2 80% Balance
c) 2 years to pay NO interest (With PDC)
RESERVATION FEE: Residential – 10,000 Commercial/Estate – 20,000
A Brown
A Brown’s Adelaida Mountain Residences is a low density village near the town proper with only a total of 191 residential lots as of the moment. Lot sizes start at 252sqm and price per sqm go from Php 13,000 and up depending whether it’s an inner or corner lot. Here are the sample payment terms:
Price per sqm: ₱13,000 & up
Minimum Lot Area: 252 sqm
Total Contract Price: ₱3,521,700
20% Downpayment: ₱655,200
7.5% Miscellaneous: ₱245,700
Less Reservation: ₱100,000
Total DP: ₱800,900
24 mos. to pay: ₱33,271
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80% Balance, Loanable Through Bank Financing
Would like to know more and see the inventory for each of these villages? With over six years of experience selling throughout Rizal, we proudly offer over 100+ property listings situated in these gated subdivisions. Shoot us a message to know more or better, watch our videos for a glimpse on these villages.
