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Real Estate in Barangay 62

Tacloban's Barangay 62 barangay — an urban residential block typical of dense Philippine cities. Explore listings in this high-flood-risk area.

High
Flood risk level

About Barangay 62

For buyers considering Tacloban, Leyte, Barangay 62 offers an urban residential block typical of dense Philippine cities. Flood risk is a key due diligence item in Tacloban — verify the property's specific flood history before committing. In numbered barangay systems, lower numbers typically indicate proximity to the city center; higher numbers may indicate distance from the commercial core but sometimes more residential space per lot. Real estate in Barangay 62 is accessible to families, workers, and long-time residents seeking stable, accessible housing, with house-and-lot units, townhouses, and low-rise condominiums at stable price points at price points reflecting Tacloban's position in the Leyte market. Pag-IBIG financing is commonly available for properties in this price range.

Established

Location Details

Flood Risk

High Flood Risk

Barangay 62's high flood-risk designation means property-level due diligence is non-negotiable. Elevation within the barangay matters significantly — a lot that is even half a meter higher than its neighbor can be meaningfully safer. Buyers should inspect the finished floor level of target properties and any flood barriers installed by the barangay or developer.

Transport

Barangay 62 connects to Tacloban's road network via barangay roads. Local transport — tricycles for last-mile access, jeepneys and UV Express vans for onward connections — serves the community. Commute time to Tacloban's commercial center ranges from 10–40 minutes depending on the barangay's distance from the main arterial road.

Amenities

Community amenities in Barangay 62 cover the essentials: barangay health center, public elementary school, and covered court. Buyers with school-age children should verify the distance to the nearest public high school in Tacloban, as secondary education typically requires a short commute.

Growth Potential

The established market of Tacloban means Barangay 62 offers predictable real estate dynamics: stable prices, consistent demand from local families and workers, and no dramatic peaks or troughs. A sound choice for first-time buyers and long-term owner-occupiers.

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Buyer Questions

Frequently asked about Barangay 62 real estate

Is there a rental market in Barangay 62, Tacloban?

Rental demand in Barangay 62 follows Tacloban's employment base: local workers and families seeking affordable, accessible accommodation are the primary rental market. Proximity to employment centers and public transport is the key factor determining rental demand in any specific unit.

What rental returns can I expect from a property in Barangay 62?

Rental returns in Barangay 62 depend on property type, condition, and location within the barangay. As a general guide, established market properties typically yield 4–6% gross from a stable local tenant base. Actual returns vary — verify comparables with a local property manager before projecting income.

Buyer Resources

Guides for buying in Barangay 62