Manny Pacquiao plans to sell his mansion in Manila after neighbors complained of his visitors wearing shabby clothing.

The boxing champion said on Thursday he would sell the property in one of the Philippine capital's swankiest areas.

Pacquiao explained that as a "man of the masses", he was not finicky with his visitors, even if they wore "just shorts and slippers".

The WBO welterweight champion has a rags-to-riches story – from being a fish vendor to winning titles in an unprecedented eight weight divisions – that has made him hugely popular in the Philippines.

He used his fame to get elected to congress in 2010 and, like many wealthy Filipino politicians, he frequently has to meet with constituents asking for hand-outs and favours.

Pacquiao said he would buy a new house where he could accommodate more visitors, who are mostly seeking financial assistance.

"If there's somebody who is willing to buy, I'm going to sell it," Pacquiao said of the property, which he acquired for 400 million pesos ($9 million) in 2011.

He wants to make a profit from the sale as he had made renovations.

The 35-year-old said he apologized to his neighbors, some of whom understood why he was accommodating poor visitors.

"I may be as rich as some of them here, but my lifestyle remains the same and so is my heart. I am just a simple man. I will never change that," he said.

The three-floor mansion in a neighborhood that is home to Manila's old rich has five bedrooms, several reception and dining halls, and an office.

Pacquiao also owns a fleet of luxury cars and his hometown mansion in southern Philippines has a pool shaped like a boxing glove.