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Real Estate in Makati

The financial heart of the Philippines — prime condos along Ayala Avenue, luxury villages in Forbes Park, and the country's most liquid property market.

629,699
Population (PSA 2020)
High
Flood risk level

About Makati

Makati is the central business district of Metro Manila and the undisputed financial capital of the Philippines. Home to the Philippine Stock Exchange, the headquarters of most major banks, and the Ayala Center commercial hub, Makati attracts professionals, expats, and high-net-worth investors who want to live where they work. The city is divided into distinct neighborhoods: the gleaming CBD towers of Salcedo, Legazpi, and San Lorenzo villages contrast with the more affordable residential clusters in the Cembo-Rembo area near Taguig, and the mid-range commercial strip of Guadalupe. Real estate in Makati covers a wide spectrum. Forbes Park and Dasmariñas Village are among the most expensive residential addresses in the Philippines, while Rockwell Center offers ultra-premium high-rise living with its own retail hub. Mid-market condominiums abound near MRT-3 stations. Investors prize Makati for rental yields driven by office workers and expats — vacancy rates in the CBD remain among the lowest in Metro Manila. Some lower-lying barangays near the Poblacion creek corridor flood during heavy rain, so buyers should verify location within the city.

Prime Market
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Location Details

Flood Risk

High Flood Risk

Flood risk in Makati is uneven. The elevated CBD (Ayala, Salcedo, Legazpi villages) rarely floods. Poblacion and barangays along creek systems near Guadalupe, Bangkal, and Pio del Pilar experience moderate to severe flooding during typhoons. Forbes Park, Dasmariñas, Magallanes, and Rockwell are generally safe from flooding due to elevation and drainage infrastructure. Buyers of ground-floor units in lower-lying barangays should verify specific flood history before purchasing.

Transport

MRT-3 serves Makati at Ayala Station and Buendia Station, providing direct access to Pasay, Ortigas, and Quezon City via EDSA. Key roads: Ayala Avenue, Paseo de Roxas, Gil Puyat (Buendia) Avenue, Chino Roces Avenue. Skyway Stage 3 gives fast access to SLEX and NLEX. P2P buses connect Makati to NAIA (20–40 min), BGC (10–20 min), and Alabang. The Makati Circuliner provides free transport within the CBD.

Amenities

Greenbelt 1–5, Glorietta, SM Makati, Landmark, Rockwell Center Power Plant Mall, Makati Medical Center, Ospital ng Makati, Asian Institute of Management, De La Salle Zobel, Makati Science High School, Legaspi Active Park, Ayala Triangle Gardens. The Poblacion district is Metro Manila's most active F&B and nightlife neighborhood.

Growth Potential

Makati remains the benchmark for Philippine real estate investment. Office space demand from BPO and financial firms sustains high residential rental demand. Land scarcity in the CBD ensures capital appreciation for well-located assets. The Makati subway (Metro Manila Subway, Station 1 planned in Makati) and ongoing Skyway expansion improve long-term connectivity. Risk: market saturation in the mid-tier condo segment and competition from BGC for premium tenants.

Prime Market

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Buyer Questions

Frequently asked about Makati real estate

Is Makati a good place to invest in real estate?

Yes — Makati offers the most liquid and established property market in the Philippines, with consistent rental demand from office workers, BPO employees, and expats. CBD condos near Ayala or Salcedo yield 4–6% gross. Resale values are stable and appreciate steadily. The main risk is competition from newer developments in BGC.

Which Makati barangays are safe from flooding?

Forbes Park, Dasmariñas Village, Magallanes Village, Rockwell, Salcedo, and the Ayala CBD area rarely flood due to elevation and good drainage. Poblacion, Bangkal, Pio del Pilar, and areas near Guadalupe creek are more flood-prone — buyers should check specific flood maps.

What types of properties are available in Makati?

Primarily high-rise condominiums (studio to 3BR), serviced apartments, and commercial spaces. Low-density house-and-lot is limited to exclusive villages (Forbes Park, Dasmariñas). Row houses and smaller units are available in Cembo, Rembo, and Pembo.

How long is the commute from Makati to other parts of Metro Manila?

BGC: 10–20 min via Buendia/Kalayaan. Ortigas: 20–30 min via MRT. Manila CBD: 20–30 min via Buendia. QC: 30–50 min via MRT-3. NAIA: 20–35 min via Skyway. Alabang: 30–45 min via SLEX.

What is the average price of a condo in Makati?

Pre-selling condos in the CBD range ₱150,000–₱350,000/sqm. RFO units in Salcedo or Legazpi average ₱200,000–₱400,000/sqm. Forbes Park house lots are among the most expensive in Southeast Asia at ₱400,000–₱800,000+/sqm for land.

Buyer Resources

Guides for buying in Makati

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Barangays in Makati