Property Prices in Makati, Philippines

Index Info
Price to Income Ratio: 24.51
Mortgage as Percentage of Income: ?
Loan Affordability Index: ?
Price to Rent Ratio - City Centre: 22.85
Price to Rent Ratio - Outside of Centre: 27.19
Gross Rental Yield (City Centre): 4.38%
Gross Rental Yield (Outside of Centre): 3.68%

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Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 37,298.80 ₱ 25,000.00-60,000.00
Apartment (1 bedroom) Outside of Centre 17,865.37 ₱ 10,000.00-30,000.00
Apartment (3 bedrooms) in City Centre 93,978.02 ₱ 50,000.00-150,000.00
Apartment (3 bedrooms) Outside of Centre 44,122.56 ₱ 20,000.00-70,000.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 20,383.82 ₱ 18,580.45-23,225.57
Price per Square Feet to Buy Apartment Outside of Centre 11,496.66 ₱ 11,148.27-13,935.34
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 35,000.00 ₱
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate ?

These data are based on 75 entries in the past 18 months from 18 different contributors.
Last update: November 2020

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%