Commercial Property for Sale in Quezon City

 

Invest in the Most Competitive LGU in the Country: Quezon City

 

The largest and most vibrant metropolis in the Philippines, Quezon City, named after its former president Manuel L. Quezon, covers a sprawling land area of 161 km² with over 3 million inhabitants living within three congressional districts - north, south, and central. An economic powerhouse that continually captivates business owners everywhere, this city has generated P22.9 billion worth of locally sourced revenues in 2021.

 

Capitalizing on these opportunities, entrepreneurs must get acquainted with not only local laws but also cultural norms, as well as understand their respective competition’s strategies for success – obtaining proper infrastructure like commercial properties or building towers followed by registration and hiring employees while still developing marketing solutions tailored specifically for your target audience being top priorities throughout every step of the process.

 

The Department of Trade and Industry (DTI) named Quezon City the 2022's Most Competitive LGU among Highly Urbanized Cities in the country. The city is considered highly competitive due to rewarding investments waiting inside any property bought up here, plus an ever-expanding population size guaranteed to stay afloat. 

 

Places to go in Quezon City

 

Quezon City is known for its thriving commercial district with a vibrant hub of activity of businesses, shops, and restaurants lining the streets.

 

Araneta City

 

One of the commercial areas in the Cubao district in Quezon City is Araneta City, which is a mixed-used development with shopping malls and an entertainment complex including the Gateway Mall, Ali Mall, and Farmers Plaza. The famous Smart Araneta Coliseum is one of the country's premier sports and entertainment venues in the metro.

 

Tomas Morato Avenue

 

A place where there's something for everyone, Tomas Morato Avenue within Diliman and New Manila districts offers live bands, DJ sets, and karaoke sessions to Filipino and international cuisines that cater to various tastes and budgets - it truly lives up to its reputation as being one of Metro Manila’s best nightlife spots.

 

For foodies looking for an unforgettable experience, some places include Halfsaints Restaurant & Bake Studio serving puff pizzas alongside cakes & pastries; Tablo Kitchen X Cafe with salads starters chicken pork seafood; Vitto’s Wine Bar & Restaurant offering delicious wines paired with meals; or Gangnam Grill serving traditional South Korean BBQ fare.

 

Eastwood City

 

An exciting 17-hectare business and leisure destination in Bagumbayan, Quezon City, Eastwood City is home to multinational corporations and local companies. It has a large selection of retail stores for shopping needs including world-class restaurants for dining experiences.

 

The area also features luxurious residential condominiums, fitness centers, and entertainment facilities like Eastwood Mall and the Cyber & Fashion Mall offering fun activities surrounded by vast greenery at its beautiful park that can be easily accessed via public transportation or highways.

 

UP Town Center

 

A pioneer university town concept in Quezon City, UP Town Center caters to two universities plus residential villages along Katipunan Avenue. Managed by Ayala Malls, it offers a unique shopping and dining experience with retail brands targeting millennials, with restaurants and other dining outlets – including Merkado Supermarket.

 

Complemented by lush landscaping for relaxation or creative expression, UP Town Center serves as an ideal destination for social interaction with distinctive offerings right at your doorstep. Overall, buying commercial properties in Quezon City offers a diverse range of shopping, dining, and entertainment options, making it a popular destination for locals, visitors, and entrepreneurs.

 

Why Operate Businesses in Quezon City?

 

Businesses are flocking to Quezon City due to its innovative Economic Development and Investment Plan. This plan aims to spur sustainable economic growth, improving local livelihoods; providing an attractive opportunity for investors with the potential of profitable returns in a vibrant city environment.

 

Growing population

 

The city's population is expected to continue growing, reaching an estimated 3.8 million people with a growth rate of 4.6%. As the young urban working population moves into supervisory and managerial positions, income levels are expected to rise, which means more people will be able and willing to spend.

 

Take advantage of the city's vibrant talent pool

 

Quezon City is home to 108 of the country's top 1000 corporations, and in 2021, there were 67 thousand new and renewed businesses in the city. It also has 159 public schools, providing corporations with a well-educated workforce. With a population median age of 28 and a literacy rate of 99.71%, there is a strong talent pool for businesses to tap into.

 

A prime location for real estate investment

 

Moreover, Quezon City has more than Php 38,000 average land zonal value per square meter, which means that it is a prime location for real estate investment. The city has 65 PEZA-accredited zones, with 208 companies operating under PEZA. The city also has over 166 thousand employees at 36 IT parks and centers. The commercial district of Quezon City’s economic development and investment plan, along with its strategic location, strong talent pool, and favorable business climate, make it an attractive destination for businesses to buy office spaces and commercial properties to invest in and grow.

 

Where to buy a commercial property in Quezon City?

 

New Manila

 

Nestled in the south of Quezon City lies New Manila, a vibrant district spanning over 16,000 hectares. It is home to iconic establishments such as St. Paul College and hospitals like St. Luke's Hospital & Cardinal Santos Medical Center. All remnants of its rich religious history dating back before it was named Barangay Mariana with an 1112 ZIP Code and shared borders with Valencia & Pinagkaisahan nearby areas. Whether for office or commercial use, buying properties in New Manila Quezon City offers businesses both urban convenience and a serene atmosphere near city centers at affordable costs.

 

Aurora Boulevard

 

A vibrant, commercial thoroughfare situated in Quezon City, Aurora Boulevard is a stretch of road that houses some of the biggest and most distinguished malls in Metro Manila including Araneta City, Gateway Mall, Ali Mall, and SM Cubao; numerous restaurants for all tastes as well as two hospitals - UERM Medical Center & World Citi Medical Centre. Accessibility-wise it doesn't disappoint either with MRT 3 & LRT 2 lines servicing several stops along its course such as Katipunan North Entrance Station or Anonas Line 2 station plus various bus routes, too. For businesses looking to purchase property around this hub, there are building spaces available in various sizes that cater to every budget requirement.

 

Frequently Asked Questions about Buying a commercial property in Quezon City

 

How to get to Quezon City? 

 

Quezon City is easily accessible via public transportation, private vehicles, or ride-sharing options. Several major roads such as Commonwealth Avenue, East Avenue, and North Avenue provide easy access to the city's various districts and commercial areas where visitors can take advantage of local transportation such as jeepneys, buses, taxis, tricycles, and pedicabs for short trips within the area.

 

How much does it cost to operate in Quezon City?

 

Quezon City is home to a range of commercial properties, ranging from the luxurious and expensive at Php 650,000,000 per unit down to more affordable units starting at only Php 250,000. The average price for this district currently stands around Php 263 million – giving potential buyers plenty of options depending on their budget requirements.

 

Is Quezon City safe?

 

Quezon City is generally considered a safe city, boasting a bustling business climate, the city is renowned as an ideal spot to start or maintain operations. Its robust infrastructure and prosperous economy make it one of the most attractive locations in the nation for entrepreneurs looking to succeed.