Property Prices in Paranaque City, Philippines

Index
Price to Income Ratio:	7.11
Mortgage as Percentage of Income:	68.70%
Loan Affordability Index:	1.46
Price to Rent Ratio - City Centre:	14.26
Price to Rent Ratio - Outside of Centre:	8.09
Gross Rental Yield (City Centre):	7.01%
Gross Rental Yield (Outside of Centre):	12.37%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	19,250.00 ₱	7,000.00-35,000.00
Apartment (1 bedroom) Outside of Centre	11,642.80 ₱	7,000.00-30,000.00
Apartment (3 bedrooms) in City Centre	47,666.67 ₱	28,000.00-65,000.00
Apartment (3 bedrooms) Outside of Centre	33,333.33 ₱	25,000.00-40,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	6,503.16 ₱
Price per Square Feet to Buy Apartment Outside of Centre	2,415.46 ₱	2,043.85-2,787.07
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	33,771.00 ₱
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	7.50

These data are based on 25 entries in the past 18 months from 6 different contributors.
Last update: December 2023

Sources and References

Nearby cities:

Property Prices in Las Pinas	5.32 miles
Property Prices in Alabang	6.18 miles
Property Prices in Taguig City	6.59 miles
Property Prices in Dasmarinas	7.51 miles
Property Prices in Pasay	7.81 miles
Property Prices in Muntinlupa	7.85 miles
Property Prices in Bacoor	8.36 miles
Property Prices in Makati	8.54 miles
Property Prices in Imus	10.49 miles
Property Prices in Mandaluyong	10.68 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	8,600.00
GDP Growth Rate:	7.57%
Population Growth Rate:	1.58%