2016 Average Price Data for a Condo for Sale in Makati City
|Paseo de Roxas||8,900,000||15,000,000||46,600,000|
|Pio Del Pilar||3,200,000||5,900,000||18,900,000|
|Sen. Gil Puyat Avenue||6,531,108||11,910,884||24,766,667|
|NOTE: Data is based on listings uploaded by real estate professionals in 2016.|
For decades, Makati has been considered as the busiest and richest city in the Philippines. The country’s largest business district since the 1960s, the city continues to be the location of many prominent local and international companies and organizations. It is one of Southeast Asia’s most dynamic economic centers.
The country’s oldest Bank, the Bank of the Philippine Islands, and the most valuable company in the Philippines in terms on market capitalization, the PLDT Group, are both located in this city. The main trading floor of the Philippine Stock Exchange is also based in the city’s Ayala Avenue, which has been dubbed as the “Wall Street of the Philippines”.
While a premier location for multinational corporations, banks, and many large local companies, it is not all work in Makati. The city is also where some of the country’s top educational institutions can be found. As the business and financial capital, many of the country’s foremost business and graduate schools are based here. These include the Asian Institute of Management, the Ateneo Graduate School of Business, and the De La Salle University-Professional Schools.
The city is also considered as the shopping hub of the country. There are many malls here, specifically Glorietta, Landmark, SM Makati, Rustan’s, and the Power Plant Mall. One of its shopping highlights is Greenbelt, where the flagship stores of international brands, such as Burberry, Louis Vuitton, Prada, Marc Jacobs, and Hermés are located. The 250,000 square meter retail complex also has many restaurants that serve local and international cuisine perfect for business lunches or family gatherings. In Metro Manila, Makati is the place to be.
Imagine waking up on a Monday morning relaxed and at ease, knowing you can be in your workplace in minutes. Imagine going home at the end of a hectic work day without being rushed, knowing you do not have to battle your way through throngs of MRT passengers and the notorious EDSA traffic. Imagine living walking distance from
the Ayala Triangle Gardens with its mowed grass and towering trees.
There are many reasons to live in Makati. From high-end units to more affordable counterparts, the city offers a variety of condos for rent and for sale. Luxury flats like Raffles Residences, Discovery Primea, One Roxas Triangle, and the Residences at Greenbelt have prices averaging from PHP 189,500 to PHP 267,558 per square meter. They offer world-class amenities, such as private lobby lifts, in-residence chefs, and helipads.
Upcoming projects, such as Air Residences by SMDC, The Rise Makati by Shang Properties, and Avida Towers San Lorenzo, offer more budget-friendly options. Studio units for sale cost about PHP 1.8 to 2.9 million, and buying a two-bedroom condo will cost around PHP 4.2 to 7.5 million. Pre-sold condominiums offer promos, discounts, as well as flexible payment schemes.
Whichever you opt for, the result is the same: choosing to buy a condominium in Makati is a sound investment. Owning unit in this city will allow you to spend zero hours stuck in traffic, and more time where you should be—at work impressing clients or at home creating moments with your family.