Pasig Condos for Sale: Ortigas, Kapitolyo and Capitol Commons

Ortigas Center straddles Pasig, Mandaluyong and Quezon City, and is one of Metro Manila's main business districts, with offices, malls such as SM Megamall and a dense cluster of condominiums. Kapitolyo, a low-rise residential district, is famous for its restaurants and nightlife. Capitol Commons and Bridgetowne are newer developments, with the latter bordering Quezon City and aimed at business process outsourcing workers. San Antonio and Ugong are mid-market residential areas, and Rosario and Pineda are older, busier districts.

The Ortigas area has MRT-3 and LRT-2 stations nearby, and Pasig is also served by ferry on the Pasig River. Traffic on EDSA and C5 is heavy at peak, so consider the walk to your tower's nearest station. Flooding during typhoons affects low-lying areas near the river, so ask about the building's flood history.

Foreigners may own condominium units if foreign ownership of the project stays within 40%, but cannot own land. Resale units and pre-selling units are both common. A buyer should confirm that the project has a licence to sell from the Department of Human Settlements and Urban Development and that the developer's turnover record is solid. Closing costs commonly include transfer tax, registration fees, documentary stamp tax and condominium dues, and the allocation between buyer and seller is negotiable.

Our Philippines buying guide, financing guide and Philippines analysis give detail. Overseas workers and foreign buyers should check how rental income is taxed and how to repatriate sale proceeds.

Monthly association dues in Ortigas-area towers are charged per m² and cover security, elevators and amenities, so a 54 m² unit in a mid-market tower can carry noticeable dues each month. Add real property tax and, in some towers, a parking slot priced separately. Rents in Pasig are lower than in Makati or BGC, but so are prices, which is why many investors target gross yields in the mid single digits rather than the higher figures quoted by sales agents. Work out the vacancy risk for your building, since several new towers have opened in Ortigas and Bridgetowne at once.

If you plan to use the unit yourself, check the quality of the elevators, water pressure and backup generators, which matter during typhoon-season outages. Ask the property manager for recent turnover and occupancy data.

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