Property Prices in Makati, Philippines

Index Info
Price to Income Ratio: 22.36
Mortgage as Percentage of Income: 202.66%
Loan Affordability Index: 0.49
Price to Rent Ratio - City Centre: 22.90
Price to Rent Ratio - Outside of Centre: 19.01
Gross Rental Yield (City Centre): 4.37%
Gross Rental Yield (Outside of Centre): 5.26%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 32,750.00 ₱ 25,000.00-45,000.00
Apartment (1 bedroom) Outside of Centre 18,125.00 ₱ 15,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 138,125.00 ₱ 80,000.00-200,000.00
Apartment (3 bedrooms) Outside of Centre 75,874.46 ₱ 50,000.00-100,000.00
Buy Apartment Price
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 11,148.27 ₱ 10,219.25-12,077.29
Salaries And Financing
Average Monthly Net Salary (After Tax) 42,773.75 ₱
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.67 4.50-8.50

These data are based on 84 entries in the past 18 months from 19 different contributors.
Last update: February 2024

Sources and References
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1 Comments so far
REB Zumi on Mar 22, 2020:
The average rental yield of Makati City apartments is 6% but since 2018, it has gone up to as high as 10% due to mainland Chinese influx working for online gaming industry. However, this increased yield is not sustainable for the long term should the Chinese mainlanders be banned from working in gaming companies and sent back to their home country.

Gross yields now are averaging 8 to 10%