The average price of a house and lot for sale in Makati is about PHP 325,000 per square meter. The city is the Philippines’ most elite housing market. |
Located in the middle of Metro Manila is the cosmopolitan city of Makati--one of the 16 cities that make up the National Capital Region. The city has a total land area of 27.35 square miles. It is one of the most progressive and developed cities in the country. |
Makati offers a more cosmopolitan lifestyle to residents compared to other cities of Metro Manila. The city is served by accessible modes of transport and is home to many reputable schools, state-of-the-art hospitals, and 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. |
Today, the Makati Central Business District (CBD) is the country’s most important business district. It is home to the headquarters of multinational and local companies, banks, and the Philippine Stock Exchange. |
Located in the middle of Metro Manila is the cosmopolitan city of Makati--one of the 16 cities that make up the National Capital Region. The city has a total land area of 27.35 square miles and a population of 629,616 as of the 2020 census. It is one of the most progressive and developed cities in the country. It should come as no surprise that a house and lot for sale in Makati is incredibly desirable.
Many people may not know that before Makati became a city and a part of NCR, it used to be a town that was once part of the Rizal Province and was actually considered a pilgrimage destination. Spanish missionaries built churches and seminaries to introduce Roman Catholicism to its early settlers. One of these churches is still standing today: the church of Our Lady of Guadalupe, which is now the National Shrine of Our Lady of Guadalupe.
During the American occupation, the city was home to the Philippines’ only airport back then: the Nielsen Airport, which was located in the area now called 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 local companies, banks, and the Philippine Stock Exchange. The country’s tallest skyscrapers are concentrated in this area, along with numerous restaurants, bars, and cafes.
The area is a highly desirable place to live in thanks to these noteworthy features. Many people want to buy a house and lot for sale in Makati, particularly in the luxurious gated neighborhoods, despite the steep prices of real estate here.
As the leading business district in the country, the availability of transportation is important so that office workers, businessmen, and professionals can easily get around the city. Since the city is populated with over 600,000 residents, you can expect that commuters, passersby, and cars are constantly in the streets -- keeping the city alive even at night. Wherever you may come from in Metro Manila, there’s surely a mode of transportation that will take you to the “Business Capital of the Philippines”.
Via Train
When coming from Manila, you can get in at any LRT 1 station heading towards the Baclaran Station, then get off at Gil Puyat Station. The train at LRT 1 is scheduled to arrive every 25 minutes, so make sure to plan ahead in advance to get to your destination on time. Once you get off at Gil Puyat Station or Buendia Avenue, you can make a transfer outside the station through a jeep or UV Express to a specific location.
Via Jeepney
It’s possible to ride a jeepney from Manila straight to Makati. You’ll only have to spend about 10-25 pesos per ride. You can ride a jeep at Quezon Boulevard which will pass by Taft Avenue and continue towards Quirino Avenue, before it makes a turn to the South Luzon Expressway and reaches the Makati area.
Via Bus
There are buses constantly passing by at Taft Avenue heading towards Gil Puyat Avenue or also known as Buendia Avenue. Then, you can make a transfer at the intersection and ride a bus heading towards the Makati business area.
Being an important business district, both expatriates and Filipino professionals want to 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:
Forbes Park (PHP 300 million to PHP 2.9 billion)
Dasmariñas Village (PHP 42 million to PHP 1.2 billion)
Urdaneta Village (PHP 180 million to PHP 600 million)
Bel-Air Village (PHP 80 million to PHP 450 million)
San Lorenzo Village (PHP 48 million to PHP 370 million)
Magallanes Village (PHP 42 million to PHP 239 million)
*Prices are based on listings in 2021
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 more affordable housing options such as renting or buying a house in other subdivisions and villages. Other housing options include townhouses for sale, duplexes, and single-family houses. The pricing for properties can depend on its features, location, and market value. You can find house-and-lots that ranges from PHP 2.3 million to PHP 195 million in these locations:
Palm Village in Brgy. Guadalupe Viejo
San Miguel Village in Brgy. Olympia
Rizal Village in Brgy. Valenzuela
Brgy. San Antonio
Brgy. Bangkal
Makati offers a more cosmopolitan lifestyle to residents compared to other cities of Metro Manila. The city is served by accessible modes of transport and is home to many reputable schools, state-of-the-art hospitals, and 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 go 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 through Pag-IBIG financing?
Yes, you can buy a house and lot for sale in Makati through Pag-IBIG financing. If you’re having trouble paying for a house upfront, then Pag-IBIG financing can help you cover the cost of a house through a housing loan with reasonable repayment terms.
Is there a 3-bedroom house and lot for sale in Makati?
Yes, there are hundreds of 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 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.