An aspiration shared by many homebuyers is to reside within a convenient distance to where they work and where their children attend school. More often than not, this means living in or around big cities like those in Metro Manila.
However, the big city can take its toll on anyone. The challenges and demands of being in a highly-urbanized and densely-populated place can be arduous, and at times downright stressful. That–combined with properties being significantly more expensive in the National Capital Region than almost anywhere else in the Philippines–is one of the main reasons why buying a home in Cavite continues to hold great appeal.
Located on the southern shores of Manila Bay and southwest of Metro Manila, Cavite is a top residential location of choice because one can get everything that’s relevant in the metro but be in a setting that is a little more free and serene.
The cost of living in Cavite is also quite advantageous. According to cost-of-living-database Numbeo, the prices per square meter of homes in Cavite are reportedly an estimated 80-percent less costly than those of Metro Manila’s city centers, or an estimated Php23,000- per square meter (Cavite) versus Php194,000+ per square meter (Metro Manila).
Now, while the places that most come to mind when talking about Cavite are its namesake Cavite City and top tourist destination Tagaytay, there are several cities and municipalities in the province that can be a worthwhile place to reside.
And among these is Silang, a first-class municipality in Cavite that is just 43 kilometers away from Metro Manila.
Tagaytay’s ‘twin’ neighbor
Sporting rather similar features, many places in Silang are sometimes mistaken to be part of the previously mentioned Tagaytay. Like the latter, the former has a generally cool and comfortable climate. Silang and Tagaytay are located on high-terrains (with Silang officially the highest point in the province) which effectively helps make the neighboring locales flood-free.
Both are also covered by a lot of greenery, be it forests, farms, gardens. A significant benefit to owning a home in Silang is that one can consider Tagaytay as their home too, as a quick commute allows them to frequent the latter as often as they’d like and enjoy places like the Taal Lake, Mahogany Market, and the Halfway Zoo, and the various other commercial spots in the area.
Despite the similarities, Silang also manages to have its charm. For one, as the less “touristy” of the two, it manages to retain a more laid-back atmosphere. Silang is home to several garden restaurants, farms, and natural attractions the Balubad and Toledo Rivers, the Hoyo Lagoon, and the Kabag Cave make it an ideal place for residents who want to maintain a connection with nature.
A central location in Calabarzon
Apart from Tagaytay, Silang is also a direct neighbor of the cities of Dasmarinas, General Trias and Trece Martires in Cavite, and Sta. Rosa and Calamba in Laguna. To its west are also the municipalities of Amadeo and Indang.
Being central to the aforementioned cities and towns, Silang is a convenient place to reside in for those who traverse the different parts of the Calabarzon Region. Whether it is going to school at the main campus of Cavite State University in Indang, going to work at one of the offices in the Gateway Business Park in General Trias, or taking a trip to Nuvali in Sta. Rosa, Laguna, all these, and more are relatively easy to get to from Silang.
Of course, Silang isn’t only a place for one to retreat to after having been elsewhere, and the municipality itself offers plenty to both residents and visitors. The Silang Public Market, for example, is a one-stop destination known to feature the best in Cavite’s primary produce like pineapple, coconut, coffee, and vinegar. Just a five-minute walk from the town plaza, The Silang Public Market has over 200 stalls and is a cornerstone of the region’s agriculture industry.
Along with agriculture, manufacturing and trade also thrive in Silang, with opportunities in different industries being another reason why many home seekers move to the town. The Maguyam Industrial Complex and the Daichi Industrial Complex, as well as other factories operating outside the export processing zone, are conveniently located within Silang.
Affordable properties are in Silang
While some of their areas are mistaken to be parts of the other, Silang and Tagaytay–for now anyway–are considerably different when it comes to property prices. As per Numbeo, the price per square meter of condos or apartments for sale in Tagaytay range between Php145,312 to Php269,097.
By comparison, the condos for sale in Silang presently listed on Ohmyhome have an average price of Php129,325 per square meter. Although not as large a contrast as the prior comparison of property prices between Cavite and Metro Manila, it is still significant and is particularly advantageous for buyers who would like to be able to afford more space whilst at the same time remaining within a reasonable distance of Tagaytay.
Among the condo listings are units at Moldex Residences Silang, a 230-hectare eco-friendly township in the municipality. The pre-selling units within the project include studio and one-bedroom homes, with prices starting at just under Php3 million.
Needless to say, condominiums aren’t the only properties for sale in Silang. The municipality–and the entire province of Cavite’s for that matter–is among the more popular residential areas in South Luzon because of houses and lots being widely available and more affordable than those in Metro Manila, yet with the former being relatively easy to get to and from the latter.
On Ohmyhome, houses and lots for sale in Silang presently listed on the platform sport an average price of Php57,789 per square meter, a notably affordable number when compared to even the condos for sale in the municipality. Indeed, lotted houses remain the best option when buying a home in Silang, be it in terms of price, lot and floor area, and just overall value.
These include houses and lots in the aforementioned Moldex Residences Silang. Ready-for-occupancy, three-bedroom homes situated in different size lots and sporting different designs, houses and lots in the Moldex Realty development are currently priced starting at Php6.73 million.
For those with a preference for living in a closer-knit community, another option is Suntrust Verona. A 63-hectare enclave made up of six residential phases, the development by Suntrust Properties features a variety of single-detached and duplex homes with either three, four, or five bedrooms and are priced starting at Php4.96 million.
A reliable investment to benefit from as early as now
Prices don’t look to remain too low for too long, however, as Silang properties are projected to appreciate significantly in the next few years. Infrastructure projects like the CALAX (Cavite-Laguna Expressway), and its subsection 5 or a 7.2-kilometer segment that links Sta. Rosa-Tagaytay Interchange to Silang East Interchange is expected to cut travel time to Cavite from the capital, making the residential properties become more accessible and ultimately factor in the appreciation of prices.
Ohmyhome has also observed through its listings and website activity consistent uptick in interest for homes in these and other similar areas in the past year. As many professionals have been holed up in their condos in Metro Manila for the better part of 2020 and 2021, several have begun considering the house and lot lifestyle that is readily available in neighboring provinces like Laguna, Batangas, and Cavite.
Many now aim to live in a bigger space that will allow them to do remote work more comfortably, while others with funding to spare on the other hand have also shown interest in owning a home in the likes of Silang to have a second home which they can vacation in safely or similarly conduct remote work or schooling in.
According to the latest data from the Bangko Sentral ng Pilipinas, the growth rate for residential property prices in areas outside the National Capital Region (AONCR) such as Cavite, Batangas in Laguna increased by 9.6-percent in 2020. In contrast, the growth rate of home prices in NCR only increased by 7.5-percent in the same period. Condos in the AONCR, in particular, have seen an immense increase in value, with a growth rate of 4.2-percent in the first quarter of 2021, and 9.6-percent the following quarter.
This is expected to continue for the foreseeable future, proving current or soon-to-be Silang homeowner’s potential income from renting out or re-selling their homes now and in the next several months.
Secure your next home or real estate investment in Silang! Connect with an Ohmyhome agent for a free consultation regarding your property options in the area and complete professional assistance throughout the home buying process.
Ohmyhome was launched in the Philippines in September 2020, following the company’s establishment of a tech team in the country in 2017. Ohmyhome was originally founded in 2016, and subsequently rose in Singapore as a leading PropTech solution and licensed real estate agency.
Ohmyhome expanded into the Philippines so that Filipino home seekers can have a real estate partner that they can trust to have their best interests at heart and can be relied upon to provide exceptional services throughout the entire property journey.
Featuring thousands of properties across many of the Philippines’ major real estate brands, Ohmyhome differs from other local platforms by going the extra mile and extensively helping buyers narrow down their choices and find the property that best suits their budgets, home needs, and lifestyle preferences.
The company’s Real Estate agents help in the shortlisting of options and provide professional services through the entire purchasing process. These include assistance in property inspections, negotiations, the finalization of the Conditions of Sale, deposit collection, the submission of property documents, as well as providing buyers regular updates.
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