Cainta, Rizal Real Estate: Condos and Houses East of Metro Manila

The Ortigas Extension corridor passes through Cainta, with malls, schools and call-centre offices around the Cainta junction. The LRT-2 line terminates nearby at Antipolo, and traffic on Ortigas Avenue is heavy at rush hour. Central Pasig and Taguig business districts are within reach. Flooding in low-lying parts during the typhoon season is an issue, so check history of flooding on the street.

Buyers are young Filipino families, workers in the Ortigas area and overseas Filipino workers. Compare Taytay, Antipolo, Pasig, Angono, Pateros and Taguig.

Foreign nationals cannot own land but can own condominium units where foreign ownership in the project stays at or below 40%. House-and-lot purchases need a Filipino owner, and residential land leases are generally for 25 years, renewable for 25 more. Buyers pay documentary stamp tax and transfer tax, and sellers pay capital gains tax (approx., verify locally). Check the developer's licence to sell and the project's title.

Our Philippines guide, financing page and Philippines overview cover more.

For pre-selling condos, verify the developer's track record, the licence to sell and the turnover date.