Property Prices in Makati, Philippines

Index Info
Price to Income Ratio: 18.46
Mortgage as Percentage of Income: 167.36%
Loan Affordability Index: 0.60
Price to Rent Ratio - City Centre: 23.24
Price to Rent Ratio - Outside of Centre: 18.94
Gross Rental Yield (City Centre): 4.30%
Gross Rental Yield (Outside of Centre): 5.28%
Rent Per Month
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Apartment (1 bedroom) in City Centre 38,798.92 ₱ 22,587.00-80,000.00
Apartment (1 bedroom) Outside of Centre 18,250.00 ₱ 12,500.00-25,000.00
Apartment (3 bedrooms) in City Centre 128,333.33 ₱ 75,000.00-200,000.00
Apartment (3 bedrooms) Outside of Centre 71,176.79 ₱ 50,000.00-100,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 25,161.03 ₱ 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) 52,245.20 ₱
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.67 4.50-8.50

These data are based on 74 entries in the past 18 months from 17 different contributors.
Last update: December 2024

Sources and References
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