Property Prices in Philippines
| Index |  |
|---|---|
| Price to Income Ratio: | 30.11 |
| Mortgage as Percentage of Income: | 286.13% |
| Loan Affordability Index: | 0.35 |
| Price to Rent Ratio - City Centre: | 28.61 |
| Price to Rent Ratio - Outside of Centre: | 27.43 |
| Gross Rental Yield (City Centre): | 3.49% |
| Gross Rental Yield (Outside of Centre): | 3.65% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 18,972.11 ₱ | |
| Apartment (1 bedroom) Outside of Centre | 10,504.34 ₱ | |
| Apartment (3 bedrooms) in City Centre | 42,427.65 ₱ | |
| Apartment (3 bedrooms) Outside of Centre | 22,410.43 ₱ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 12,204.40 ₱ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 6,326.58 ₱ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 16,561.74 ₱ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 7.28 |
These data are based on 1324 entries in the past 18 months from 228 different contributors.
Last update: January 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 | 30.0 | 3.1 | 2.6 | 32.1 | 37.8 | 279.3 | 0.4 | |
| Cebu | 37.4 | 2.9 | 10.6 | 34.6 | 9.4 | 365.7 | 0.3 | |
| Davao | 39.6 | 2.2 | 1.9 | 45.0 | 51.9 | 348.1 | 0.3 | |
| Makati | 35.8 | 4.8 | 5.4 | 20.7 | 18.6 | 291.6 | 0.3 | |
| Manila | 38.9 | 4.1 | 2.8 | 24.1 | 36.3 | 394.0 | 0.3 | |
| Quezon City | 17.6 | 6.6 | 8.6 | 15.1 | 11.6 | 156.9 | 0.6 |
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