Property Prices in Manila, Philippines

Index Info
Price to Income Ratio: 39.08
Mortgage as Percentage of Income: 388.62%
Loan Affordability Index: 0.26
Price to Rent Ratio - City Centre: 17.47
Price to Rent Ratio - Outside of Centre: 27.83
Gross Rental Yield (City Centre): 5.73%
Gross Rental Yield (Outside of Centre): 3.59%
Rent Per Month
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Apartment (1 bedroom) in City Centre 33,625.21 ₱ 20,000.00-60,000.00
Apartment (1 bedroom) Outside of Centre 15,952.38 ₱ 9,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 114,375.00 ₱ 70,000.00-185,000.00
Apartment (3 bedrooms) Outside of Centre 43,571.43 ₱ 25,000.00-70,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 16,669.85 ₱ 10,126.35-23,225.57
Price per Square Feet to Buy Apartment Outside of Centre 11,094.19 ₱ 6,967.67-14,617.53
Salaries And Financing
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Average Monthly Net Salary (After Tax) 19,117.65 ₱
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.88 6.60-9.50

These data are based on 176 entries in the past 18 months from 36 different contributors.
Last update: June 2021

Sources and References
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