While cities like Quezon City, Taguig, and Davao have steadily emerged as very viable commercial and financial locations in the Philippines, the city of Makati continues to serve as the country’s most recognized economic center.
Once the location of Nielsen Field, the very first airport in the country, Makati is now most recognized for being the Philippine home of some of the most notable businesses in the world. Ayala Avenue, its business and financial core, is most synonymous with the city, and it is where the head offices of very well-known corporations can be found. These include Asia Brewery Incorporated, Procter & Gamble Philippines, and Pfizer, Inc., among others.
Although the abundance of career opportunities in itself would be enough to have one consider a condo for rent in Makati, there is more to the city than the opportunities that come with the different companies and businesses. Like the rest of Metro Manila, it has plenty to offer in terms of education, entertainment, healthcare, and leisure.
The city has various commercial centers, which are frequented by many living in and out of the city. These include Glorietta Mall, Greenbelt Mall, A. Venue Mall, and the Power Plant Mall. Makati is also the location of a number of noteworthy museums, such as the Ayala Museum, Museo ng Makati, and the Yuchengco Museum.
There are countless educational facilities in the city as well. Apart from some of the country’s foremost primary and secondary schools, the city is also home to specialty schools like the Asian Institute of Management, Mapua Institute of Technology, and the Ateneo Professional Schools.
Many of those who work in this area choose to live in a condo for rent in Makati. This allows them to live closer to their workplace, saving them precious time and money that are otherwise wasted on traffic and crowded commutes.
When in the city, one would immediately recognize that Makati is the epitome of a highly urbanized locale with plenty of diversity and opportunities. The city is not left wanting when it comes to residential properties and developments situated in or near key commercial districts. Like in many metropolitan areas, one of the best and more affordable ways to make the most of this city is to live in a condo for rent in Makati.
A condo for rent in Makati is roughly classified as a property found within the central business district (Salcedo Village and Legaspi Village), Rockwell Center, and Century City, and those scattered across the city’s more affordable areas. Whether for a single occupant or for an entire family, there is definitely a condo in Makati suitable for every budget. Monthly rent in places like the Central Business District and Rockwell Center can range from PHP 800 to PHP 1,000 per square meter. A 62 square meter two-bedroom unit would therefore cost around PHP 49,600 to PHP 62,000.
However, there are also flats that are just a stone’s throw away from these areas that are more affordable. Areas like Chino Roces Avenue have units with monthly rental rates of PHP 600 to PHP 700 per square meter. Cheaper options are also available in areas like San Antonio Village, Barangay Poblacion, Guadalupe Viejo, Guadalupe Nuevo, and Pio Del Pilar. In addition, the area along Malugay Street, north of Ayala Avenue, is touted to become a real estate hotspot soon with a number of high-profile condo projects from the country’s largest real estate developers currently under construction.
What more can you ask for when it comes to a condo for rent in Makati? Makati is the country’s most commercially viable location, and although it comparatively has less available land than other areas, the city continues to be at the forefront when it comes to commercial and residential development in the Philippines.
The city’s skyline is continually being redefined. Those moving into a Makati condo for rent are able to look forward to new and different options being available as more and more residential towers continue to rise in the city and provide a number of convenient and viable options to buyers and renters alike.
Places of interest in Makati include Circuit Makati, an up-and-coming mixed-use development located on the former Sta. Ana race track. Here, a number of new residential and office towers will be launched steadily over the course of the next several years.
While these areas demand costlier rental rates due to them having new developments in close proximity to new lifestyle locations, their rise also makes for prices becoming just a little more favorable for a condo for rent. Makati, overall, bodes well for its future and current residents.
Frequently Asked Questions
Is there a 3-bedroom condo for rent in Makati?
Yes, there are over 739 3-bedroom condos for rent in Makati. Despite the city’s relative congestion, there are still large residential spaces available, such as in 3-bedroom condo units.
Is there a penthouse condo for rent in Makati?
Yes, there are about 45 penthouse condos for rent in Makati. These spacious properties overlooking the city are incredible investments for anyone interested in living the high life in Makati.
Is there a condotel for rent in Makati?
Yes, you can find about 17 condotels for rent in Makati. Condotels combine the convenience and affordability of living in a dormitory with the convenience and luxury of condominium amenities and hotel services.