Cost of Living in Makati

Is these true?
Very expensive, can i live with an apartment atleast 5k per mo.in this place?

I am planning to move to Makati or BGC next year and I would like to consule with someone who lives there for quite a while. In addition, if there are free lancers real estate agents (not an Avida, Dmci, SMDC etc. workers) that can shade some information about investing in local property I would like help.
My email is Noamgavizon@gmail.com

Questions I got a clue about but I am not 100% sure yet are:
1. Cost of high quality living for 1 person ( without rent, high quality means, let't say, 8 out of 10)
is it about 40k php?
2. Monthly cost of Maid (full time job)
3. Possible annual return (in %) of property value which is estimated at Makati when you rent away a condo
( how many years it will take me to get back the entire value of the condo I own if I rent it for long time rents).
* Did I do good homework? A 38-42 sq.m condo in a good condominium with a pool, a gym and etc. will cost 7-8m php and can be rented for 40k php.
4. What is the cheapest market at Makati to buy FRESH grocery such as vegetables, fruits, sea food, meat or chicken?

I got several more questions but this is for now.
I will thank you for any help!
You can contact me at my Email
Noamgavizon@gmail.com
Peace.

Any idea of the rent for 1BR or studio in BGC?

@Don - for P80k per month, that can get you a very comfy and classy place - at the least a 1BR furnished unit in a central location of Makati (ie Greenbelt, Legazpi Village). I'm a landlady - and I typically ask for 2 months' worth of security deposit, and post dated cheques for the one year term, ie 12 cheques that will be due for each month. I haven't encountered landlords asking for a year in advance, but it is typical to ask for a month's advance rent.

If you require for a receipt of the rent, assuming you need to expense it w your company, the landlords will pass the cost of VAT (12%) to you. So the rent will increase by 12%, on top of the advertised rate.

The big thing about Philippines cost of living because I live here as an expat is you must pay 4 months security deposit PLUS one full year of rent in advance.

You can find cheaper places on internet but the big problem here is people advertise lower and when you apply the price is always ,50% more.

This happens to locals wanting to live in Makati.

Also most of manila is slums.

Makati is a foreign enclave where you can live but there is no parks gardens or recreation.

Europe has that.

You need to include on your site about rental bonds and deposits.

That makes Makati more expensive again.

The electricity cost is around 9.655 pesos per kwh now. If you are staying in studio or 1 BR condominium (30 sqm), your utility bill might be less than mentioned above.