Property Prices in Philippines
| Index |  |
|---|---|
| Price to Income Ratio: | 22.89 |
| Mortgage as Percentage of Income: | 217.13% |
| Loan Affordability Index: | 0.46 |
| Price to Rent Ratio - City Centre: | 32.32 |
| Price to Rent Ratio - Outside of Centre: | 29.78 |
| Gross Rental Yield (City Centre): | 3.09% |
| Gross Rental Yield (Outside of Centre): | 3.36% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 16,996.47 ₱ | |
| Apartment (1 bedroom) Outside of Centre | 9,570.48 ₱ | |
| Apartment (3 bedrooms) in City Centre | 35,875.48 ₱ | |
| Apartment (3 bedrooms) Outside of Centre | 20,334.22 ₱ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 12,000.90 ₱ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 6,245.85 ₱ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 21,447.54 ₱ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 7.25 |
These data are based on 1400 entries in the past 18 months from 263 different contributors.
Last update: September 2024
Our data for each country are based on all entries from all cities in that country.
Sources and References
By City in Philippines
Rank |
City |
Price To Income Ratio |
Gross Rental Yield City Centre |
Gross Rental Yield Outside of Centre |
Price To Rent Ratio City Centre |
Price To Rent Ratio Outside Of City Centre |
Mortgage As A Percentage Of Income |
Affordability Index |
|---|---|---|---|---|---|---|---|---|
| Baguio | 31.4 | 2.0 | 2.0 | 49.0 | 49.4 | 238.7 | 0.4 | |
| Cagayan de Oro City | 24.2 | 3.6 | 2.5 | 28.1 | 39.4 | 221.9 | 0.5 | |
| Cebu | 27.5 | 2.6 | 4.1 | 38.0 | 24.4 | 269.7 | 0.4 | |
| Davao | 22.3 | 3.2 | 2.3 | 31.7 | 43.3 | 234.3 | 0.4 | |
| Iloilo | 43.8 | 1.5 | 3.2 | 66.8 | 31.4 | 439.3 | 0.2 | |
| Makati | 19.1 | 3.9 | 5.3 | 25.4 | 18.9 | 173.5 | 0.6 | |
| Manila | 29.8 | 4.1 | 2.6 | 24.4 | 38.2 | 293.4 | 0.3 | |
| Quezon City | 12.9 | 5.1 | 4.1 | 19.5 | 24.3 | 131.1 | 0.8 | |
| Taguig City | 32.9 | 4.2 | 3.4 | 23.9 | 29.0 | 300.5 | 0.3 |
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