Property Prices in Manila, Philippines

Index Info
Price to Income Ratio: 36.47
Mortgage as Percentage of Income: 367.98%
Loan Affordability Index: 0.27
Price to Rent Ratio - City Centre: 17.92
Price to Rent Ratio - Outside of Centre: 24.34
Gross Rental Yield (City Centre): 5.58%
Gross Rental Yield (Outside of Centre): 4.11%
Rent Per Month
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Apartment (1 bedroom) in City Centre 31,929.74 ₱ 22,000.00-60,000.00
Apartment (1 bedroom) Outside of Centre 16,210.53 ₱ 10,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 103,125.00 ₱ 60,000.00-150,000.00
Apartment (3 bedrooms) Outside of Centre 41,071.43 ₱ 25,000.00-70,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 15,746.88 ₱ 10,126.35-23,225.57
Price per Square Feet to Buy Apartment Outside of Centre 9,464.42 ₱ 5,574.14-14,585.10
Salaries And Financing
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Average Monthly Net Salary (After Tax) 18,603.93 ₱
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.07 6.60-9.50

These data are based on 174 entries in the past 18 months from 36 different contributors.
Last update: March 2021

Sources and References
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