Property Prices in Makati, Philippines

Index Info
Price to Income Ratio: 18.07
Mortgage as Percentage of Income: 163.78%
Loan Affordability Index: 0.61
Price to Rent Ratio - City Centre: 26.21
Price to Rent Ratio - Outside of Centre: 18.79
Gross Rental Yield (City Centre): 3.82%
Gross Rental Yield (Outside of Centre): 5.32%
Rent Per Month
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Apartment (1 bedroom) in City Centre 34,215.58 ₱ 22,587.00-80,000.00
Apartment (1 bedroom) Outside of Centre 18,666.67 ₱ 15,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 108,333.33 ₱ 75,000.00-150,000.00
Apartment (3 bedrooms) Outside of Centre 71,152.99 ₱ 50,000.00-100,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 24,386.85 ₱ 13,935.34-39,947.97
Price per Square Feet to Buy Apartment Outside of Centre 10,683.76 ₱ 9,290.23-12,077.29
Salaries And Financing
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Average Monthly Net Salary (After Tax) 52,234.00 ₱
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.67 4.50-8.50

These data are based on 75 entries in the past 18 months from 17 different contributors.
Last update: November 2024

Sources and References
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