The average price of a house and lot for sale in Makati is ~PHP 207,190,000. The city is the Philippines’ most elite housing market.
Makati is home to six of Metro Manila’s most exclusive and expensive gated communities or subdivisions: Forbes Park, Dasmarinas Village, Urdaneta Village, San Lorenzo Village, Bel-Air Village, and Magallanes Village.
In spite of not being known as an educational hub, Makati is home to a number of topnotch colleges and universities, most notable of which include the publicly funded University of Makati, the Asian Institute of Management, the Ateneo Professional Schools, Mapua Institute of Technology, Centro Escolar University–Makati, Far Eastern University–Makati, and the Lyceum of the Philippines University–Makati.
Aside from Ayala Center, another popular commercial and shopping district in Makati is the Lopez-owned Rockwell Center. Situated in Barangay Poblacion, this former thermal power plant is now home to upscale condos, office towers, and a high-end shopping mall, the Powerplant Mall. Other burgeoning commercial areas in Makati include Circuit Makati in Barangay Carmona and Century City also in Barangay Poblacion.
Located in the middle of bustling Metro Manila is the cosmopolitan city of Makati - one of the 17 cities and municipality that make up the National Capital Region. The city has a total land area of 27.35 square miles and a population of 529,039 as of the 2010 statistics. It is one of the most competitive, progressive, and developed cities in the country, and perhaps the most popular place in Metro Manila.
Many people may not know that before Makati became a city and a part of the capital, it used to be a town that was once part of the Rizal Province - it was actually considered as a place of pilgrimage. Spanish missionaries built churches and seminaries to introduce Roman Catholicism as the religion to its early settlers. One of these churches that are still standing today is the Our Lady of Guadalupe, which is now the National Shrine of Our Lady of Guadalupe.
During the American era, the city was the home of the Philippines’ only airport: the Nielsen Airport, which was located in the area that is now part of the Ayala Triangle Park.
It was only in the 1950s when the city was developed. It soon flourished to become the country’s first financial center. Today, the Makati Central Business District (CBD) is the country’s most important business district. It is home to the headquarters of multinational and large local companies, banks, the Philippine Stock Exchange, and the country’s tallest skyscrapers.
The area is a highly desirable place to live in thanks to these noteworthy features. Many people want to buy a house for sale in Makati, particularly in their luxurious gated neighborhoods, despite the steep prices of real estate here.
Being an important business district, both expatriates and Filipino professionals will buy a house and lot for sale in Makati so they can be closer to where they work. Most of them will buy a house and lot for sale in Makati within its exclusive high-end subdivisions or gated communities that offer sprawling neighborhoods. These include the following:
However, a house and lot for sale in Makati isn’t the only option, especially for people who may not be able to afford its price. There are also more affordable housing options such as renting or buying a house in the smaller, less well-known subdivisions and villages. These can be found in many of the barangays, and they offer townhouses for sale, duplexes, and single-family houses. Such can be found in the following locations:
Makati offers a more cosmopolitan living to would-be residents compared to the other cities of Metro Manila. The city is home to many reputable schools, is served by good transport links and a line of commuter trains, has topnotch hospitals, and is home to some of the most high-end shopping malls of Metro Manila. The city is the country’s foremost business district, so employment opportunities abound as well. This is the main reason why many people opt for a house and lot for sale in Makati to make the city their permanent address.
Frequently Asked Questions
Can you buy a house and lot for sale in Makati thru Pag-IBIG financing?
Yes, you can buy a house and lot for sale in Makati thru Pag-IBIG financing. This financing option may make it easier for you to afford a property in a prime location like Makati.
Is there a 3-bedroom house and lot for sale in Makati?
Yes, there are 603 3-bedroom houses and lots for sale in Makati. Though Makati’s business district is quite congested, these sprawling houses provide plenty of space to move around freely.
Is there a house and lot for sale in Makati with a swimming pool?
Yes, you can find about 1029 houses and lots for sale in Makati with a swimming pool. A swimming pool is a great way to make your house feel like an oasis away from the hustle and bustle of the city center.