This case study evaluates the suitability of radar-based quantitative precipitation estimates (QPEs) for the simulation of streamflow in the Marikina River Basin (MRB), the Philippines. Hourly radar-based QPEs were produced from reflectivity that had been observed by an S-band radar located about 90 km from the MRB. Radar data processing and precipitation estimation were carried out using the open source library wradlib. To assess the added value of the radar-based QPE, we used spatially interpolated rain gauge observations (gauge-only (GO) product) as a benchmark. Rain gauge observations were also used to quantify rainfall estimation errors at the point scale. At the point scale, the radar-based QPE outperformed the GO product in 2012, while for 2013, the performance was similar. For both periods, estimation errors substantially increased from daily to the hourly accumulation intervals. Despite this fact, both rainfall estimation methods allowed for a good representation of observed streamflow when used to force a hydrological simulation model of the MRB. Furthermore, the results of the hydrological simulation were consistent with rainfall verification at the point scale: the radar-based QPE performed better than the GO product in 2012, and equivalently in 2013. Altogether, we could demonstrate that, in terms of streamflow simulation, the radar-based QPE can perform as good as or even better than the GO product – even for a basin such as the MRB which has a comparatively dense rain gauge network. This suggests good prospects for using radar-based QPE to simulate and forecast streamflow in other parts of the Philippines where rain gauge networks are not as dense.