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The Perks of Residing Near Iloilo Business Park

Spanning around 72-hectares, Megaworld’s Iloilo Business Park (IBP) is the newest and modern central business district in Iloilo City with the award of “Best Township Development in Asia” in 2018. Inside this township are several office towers, world-class hotels, malls, convention centers, and residential condominiums. 

Living near business and commercial hubs can be a fantastic experience, especially for career-driven individuals, families, and businessmen. Here are some advantages you can expect when you and your family choose to live near Iloilo Business Park:

Photo by Business World Online on Wikimedia Commons

Unparalleled Employment Opportunities

There are plenty of local and foreign companies that are headquartered in Iloilo Business Park. So if you are a recent graduate staying at an apartment for rent in Iloilo City near IBP or living with your parents near this business hub, you can be confident that plenty of work opportunities are waiting for you. 


Aside from jobs, living near IBP is also economical since you can walk to or take one quick ride to your office. It also saves you time instead of traveling for about an hour before getting to your destination.

Easy Access to Essential Establishments

Aside from offices, living near the Iloilo Business Park enables you to live closer to essential establishments. These include hospitals, schools, churches, and shopping centers. So whenever you need to be in one of these establishments, you can walk from your home or take a quick ride.


It is ideal for families with children and the elderly to reside in residence near Iloilo Business Park. That way, your kids can live near their schools, and you have easy access to hospitals in case of an emergency. Retirees are encouraged to live near this business hub, too, so that they can quickly go shopping and take medical consultations.

Abundance of Commercial and Office Spaces

Living near IBP and other business hubs is particularly interesting for entrepreneurs who want to establish a business. Inside Iloilo Business Park, you can find commercial buildings that offer office and commercial spaces for lease. 


Establishing an office space or a commercial business in IBP is ideal because it allows you to position yourself in a place with high foot traffic. Hiring willing employees is also not a problem. This decision will also help you forge partnerships with other businesses established in IBP.

Work-Life Balance

Restaurants, malls, and other leisure establishments are also found within and around Iloilo Business Park. So after a tiring day at work, you can hang out with your friends and colleagues at the nearby restaurants, malls, cafes, and bars in IBP.


Iloilo Business Park also has a lot of open spaces, so aside from having out and having fun, you can stroll, jog, or bike within this township’s vicinity on weekends with your family and friends.

Increase in Your Home’s Market Value

Let’s say you finally purchased the house and lot for sale in Iloilo City that you wanted. Because your home is located in a highly strategic location in Iloilo City, you can be sure that the price of your home will increase after some time. 


Thus, if you ever plan to resell or lease it, you can do so at a higher price and get a high return on your investment. This is a great way to earn passive income while making the most out of your property.


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