The vibrant metropolis of Makati City in the Philippines is a top destination for foreign home-buyers and investors, with its status as the country's financial hub and unparalleled city living experience. If you are keen on purchasing your dream home or an apartment within a bustling, cosmopolitan setting combined with cultural authenticity, Makati City should be your top choice. This key city in Metro Manila, known for its soaring skyscrapers, and diverse residential enclaves ranging from luxury penthouses to traditional townhouses, earned the moniker, "Wall Street of the Philippines", capturing its dynamic and attractive real estate scope. Before you ring up a local real estate broker, make sure to explore the market trends in the area, see what properties are currently for sale in Makati City, and gain insight on the costs of owning a property in such an iconic location. Housing options here offer a wide range, from exclusive subdivisions with sizable houses and gardens, to modern high-rise condominiums with world-class amenities. Makati City is not just a place for business, but also a home that caters to a diverse range of lifestyles, making it a globally competitive location for real estate investment.

Makati City properties: Market trends overview

The real estate market in Makati City, Philippines, has seen consistent price appreciation, making it a magnet for overseas buyers and investors, particularly from Japan, Singapore, the US, and Europe. Makati’s prime urban location provides the perfect balance between a bustling city life and a comfortable lifestyle, with its numerous commercial, entertainment, and dining places, coupled with its well-connected transportation links to the energetic city of Manila. Makati City boasts a vibrant urban atmosphere, rich history, and an excellent standard of living. In recent years, Makati city's local government has been pouring more resources into city development, offering a variety of property options for both local and foreign home buyers. These include modern and convenient townhouses, apartment units, contemporary-style condominiums, traditional houses, and upscale penthouses. Seeking out property and apartments in Makati City, Philippines, fitting all kinds of budgets and lifestyle preferences is straightforward, making this cosmopolitan city highly attractive to foreign investors.

Average price of a property for sale in Makati City

What should be your budget for properties in Makati City? Deciphering an accurate figure can be complex due to multiple influences such as property categorization, closeness to the bustling downtown district or green spaces, facilities available, and personal choices (like opulent features, size, availability, etc). Most recent data indicates that the peak asking price for property for sale in Makati City was PHP 300,000 per square meter. The priciest properties are to be found in the posh Salcedo Village-Legaspi Village area. Conversely, the least expensive, boasting an average per square meter price of PHP 175,000, are located in the Bangkal-San Antonio vicinity. The average listing price for a residential property is presently in the region of PHP 21,000,000.

Types of properties can you find in Makati City

Makati City, in the Philippines, hosts a variety of property types, ranging from condominiums, luxurious penthouses, high-grade office spaces, and traditional Filipino townhouses. Most desirable properties are situated within secure residential or commercial complexes. There are spacious 3-4 bedroom condominiums available with expansive balconies, and townhouses that span over 2 floors. Importantly, these floors have separate entryways and each feature broad balconies and dedicated kitchens. Equally, there are brand-new villas situated in prime locations in Makati, providing grand views of the cityscape, conveniently in close proximity to commercial centers, offering an ideal lifestyle. Whether it's the luxury of a high-rise penthouse, the comfort of a modern townhouse, or the convenience of city-center living you seek, Makati City real estate can accommodate a wide range of preferences.