Rockwell Center is roughly divided into the West and East zones with the four-level 41,000 square meter Power Plant Mall at its center. |
The West zone features some of the development’s most upscale Rockwell condos for sale in famous projects, including Luna Gardens, Rizal Tower, Amorsolo Square, Hidalgo Place, and Edades Tower and Garden Villas. |
On the other hand, the East zone offers relatively more affordable Rockwell condos for sale. The developments in this part include Joya Lofts and Towers, One Rockwell, and The Manansala. These flats have a higher unit density per floor, which ensures more mixed residents, but their after-sales and property management services still bear the Rockwell brand of quality and exclusivity. |
The current price of a Rockwell condo for sale is about PhP 299,000 per square meter, a significant increase only over a span of few months. |
Rockwell Center, a 15.5-hectare mixed-use project in Barangay Poblacion, Makati, was a completely different place almost 30 years ago.
The area used to house a thermal power plant owned by the Lopez family’s Manila Electric Railroad and Light Company (MERALCO), which was then shut down in 1994 to give way for a new kind of real estate development. The power plant may be gone, but what replaced it is a master-planned mini-city home to upscale malls, condo high-rises, corporate offices, and tertiary schools.
The area is now one of Makati’s (and indeed Metro Manila’s) most well-known real estate hotspots, where condos and apartments are at a premium. A few years ago, Rockwell Land Corp. (the development’s parent company) purchased the former Colgate-Palmolive plant just across Estrella Street, which is now being developed into an exclusive project called The Proscenium at Rockwell, which was designed by the world-renowned architect, Carlos Ott.
Rockwell Center is roughly divided into the West and East zones with the four-level 41,000 square meter Power Plant Mall at its center.
The West zone features some of the development’s most upscale Rockwell condos for sale in famous projects, including Luna Gardens, Rizal Tower, Amorsolo Square, Hidalgo Place, and Edades Tower and Garden Villas. These gleaming glass-walled high-rises offer some of the largest and most expensive flats in Metro Manila with very few units per floor, ensuring maximum privacy and spacious vertical homes for its residents. Amidst these five towers is the very exclusive Rockwell Club, whose members can have access to at least 14 other clubs around the world.
On the other hand, the East zone offers relatively more affordable Rockwell condos for sale. The developments in this part include Joya Lofts and Towers, One Rockwell, and The Manansala. These flats have a higher unit density per floor, which ensures more mixed residents, but their after-sales and property management services still bear the Rockwell brand of quality and exclusivity.
Another upscale condominium in Rockwell is Proscenium at Rockwell comprising five high-rises (named Kirov, Lorraine, Lincoln, Sakura, and the Proscenium Tower). This 3.6-hectare development boasts of retail strips, an office tower, and cultural spaces that will redefine the term “mixed-use project.”
It makes financial sense to opt for a Rockwell condo for sale. Properties here are guaranteed good returns over the long term, and being a popular area among expats, good rental income can be expected as well. Though the price for condo units for sale in Rockwell is higher than average, purchasing a unit here almost always guarantees a good return on investment.
The price range for a studio and one-bedroom unit in Rockwell is between Php 6,500,000 and Php 50,000,000, while a two-bedroom unit costs roughly Php 18,000,000 to Php 65,000,000. Three-bedroom units are typically priced at around Php 30,000,000 to Php 180,000,000, and four-bedroom units go for anywhere from Php 110,000,000 to Php 200,000,000. The price of a unit also depends on whether it comes bare, semi-furnished, or fully-furnished, and what condominium building it’s located in.
In fact, based on Lamudi’s Price Trends analysis, the current price of a Rockwell condo for sale is about PhP 299,000 per square meter, a significant increase only over a span of a few months. Similar to the Makati Central Business District and Bonifacio Global City, this highly sought-after location is indeed a guaranteed real estate hotspot.