Makati is currently witnessing a 'flight to quality' as limited Grade-A inventory in Legaspi and Salcedo keeps valuations aggressively high despite decentralized competition. While older residential towers face renovation pressure, the ultra-luxury segment continues to defy gravity due to renewed multinational demand and strategic infrastructure links. Verdict: For long-term capital preservation and rental yield stability, Makati remains the undisputed king of Philippine real estate.
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Districts Analysed
High-end walkability and immediate proximity to the Ayala Avenue business corridor make it the premier choice for C-suite executives.
Its transformation into a gentrified creative hub offers a unique blend of heritage charm and the city's most vibrant artisanal dining scene.
Access to top-tier malls and exclusive gated communities provides a balanced, secure suburban feel within the heart of the CBD.
Top-rated zones for tenants
Makati has 6 analyzed neighborhoods with a citywide average rent of ₱939.58/m² per month. Each district below is rated on our 1-5 scale and classified from "Trenches" (best value) to "Final Boss" (luxury tier). Click any neighborhood to see the full price breakdown, local highlights, and our verdict on whether it is fairly priced.
Gross rental yield for Makati: 3.1% annually based on average rent vs. buy prices.
Yes, particularly in secondary markets and transit-oriented developments near the upcoming Metro Manila Subway and Skytrain hubs.
Owners should budget between ₱90 to ₱160 per square meter, depending on the building's age and the level of luxury amenities provided.
Foreigners can legally own 100% of a condominium unit, provided that at least 60% of the entire building is owned by Filipino citizens.