Property Prices in Philippines
| Index |  |
|---|---|
| Price to Income Ratio: | 30.89 |
| Mortgage as Percentage of Income: | 292.32% |
| Loan Affordability Index: | 0.34 |
| Price to Rent Ratio - City Centre: | 30.62 |
| Price to Rent Ratio - Outside of Centre: | 30.84 |
| Gross Rental Yield (City Centre): | 3.27% |
| Gross Rental Yield (Outside of Centre): | 3.24% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 18,140.01 ₱ | |
| Apartment (1 bedroom) Outside of Centre | 10,266.80 ₱ | |
| Apartment (3 bedrooms) in City Centre | 40,845.15 ₱ | |
| Apartment (3 bedrooms) Outside of Centre | 21,761.74 ₱ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 12,529.30 ₱ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 6,930.95 ₱ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 16,953.70 ₱ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 7.22 |
These data are based on 1347 entries in the past 18 months from 240 different contributors.
Last update: May 2023
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 | 34.0 | 2.6 | 2.1 | 38.1 | 47.4 | 269.0 | 0.4 | |
| Cebu | 34.4 | 3.2 | 6.4 | 31.0 | 15.6 | 337.2 | 0.3 | |
| Davao | 39.1 | 2.7 | 1.9 | 37.4 | 52.9 | 347.7 | 0.3 | |
| Makati | 33.5 | 4.7 | 5.4 | 21.1 | 18.6 | 273.0 | 0.4 | |
| Manila | 41.0 | 3.5 | 2.6 | 28.9 | 38.8 | 410.3 | 0.2 | |
| Quezon City | 16.9 | 6.8 | 4.8 | 14.7 | 21.0 | 158.6 | 0.6 |
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