Real estate in Makati · Metro Manila

At the center of Philippine business, property and investment.

Makati is where the country's largest companies, banks and diplomatic offices have chosen to base themselves — and that concentration of activity is what shapes its property market. For buyers, investors and businesses, it remains one of the most established and closely watched addresses in the Philippines.

At a glance

Makati in context

RoleThe Philippines' established financial and corporate CBD
2024 local economyGrew 7.35% year-on-yearPhilippine Statistics Authority, 2024
Per-capita outputHighest among PH provinces & highly urbanized cities in 2024Philippine Statistics Authority, 2024
Business baseMultinationals, banks, PEZA-registered IT offices and diplomatic posts
Key sub-marketsMakati CBD · Salcedo & Legazpi Villages · Rockwell · Poblacion

Last market review: September 2026

Investment drivers

Why investors consider Makati

Evidence-based demand factors — not promises. Every opportunity still needs its own review.

01Concentration of employment

A dense base of corporate headquarters, financial institutions and professional services keeps a steady population of employees, executives and expatriates living and working within the district — a core source of both end-user and tenant demand.

02Financial-sector anchor

As the country's traditional banking and finance address, Makati draws institutions and the professionals who serve them, supporting sustained interest in Grade-A offices and nearby residences.

03Established, active resale market

Because Makati has been built out over decades, it has one of the deeper secondary markets in Metro Manila — relevant for buyers who value a wider selection and for owners thinking about future liquidity.

04Lifestyle and retail density

Greenbelt, Glorietta, Ayala Triangle Gardens and Power Plant Mall in Rockwell put dining, retail and green space within walking distance of many residences — a recurring reason people choose to live centrally.

05Central position and connectivity

Ayala Avenue, EDSA and the MRT line, plus proximity to BGC and the airport corridor, keep Makati well-connected to the rest of Metro Manila.

06Diplomatic and expatriate demand

Embassies and international firms sustain a leasing market for well-located, well-managed units — a factor landlords and investors often weigh.

Real estate opportunities

What’s available in Makati

Premium residential condominiums

Professionals, expatriates and investors who want a central, walkable address.

Luxury residences (Rockwell, Salcedo)

End-users and premium buyers prioritising address, management and amenities.

Grade-A office space

Corporate occupiers and businesses that need a prime, accessible location.

Retail & commercial units

Business owners and investors targeting high-footfall, established locations.

Secondary-market units

Value-focused buyers comparing a wider selection of resale stock.

Leasing / investment units

Landlords building a tenant-demand-driven holding in an established market.

Key districts & neighborhoods

Submarkets within Makati

Makati CBD

The core around Ayala Avenue — Grade-A offices, established towers and the Ayala Center retail complex (Greenbelt, Glorietta). The most central and recognised address in the market.

Search Makati CBD →
Salcedo Village

A dense, walkable residential and mixed-use pocket in the CBD, known for the weekend Salcedo market, dining and a mix of older and newer condominiums.

Search Salcedo Village →
Legazpi Village

Salcedo's counterpart on the other side of the CBD — residential and office mix, Legazpi Sunday market and Washington SyCip Park, popular with professionals.

Search Legazpi Village →
Rockwell Center

A master-planned, premium enclave anchored by Power Plant Mall, associated with luxury residences and careful estate management.

Search Rockwell Center →
Poblacion

Makati's older heart, now one of the city's most active dining and nightlife districts — a distinct, characterful submarket alongside the corporate core.

Search Poblacion →

Notable buildings & developments

Character

What makes Makati special

A genuine live-work-play core

Few Philippine districts let residents walk from home to office, dining and green space the way central Makati does — the reason it has held its appeal across market cycles.

Green space in the city

Ayala Triangle Gardens and pocket parks give the CBD room to breathe, and Rockwell's planning keeps its enclave calm despite the density around it.

Dining, culture and nightlife

From Greenbelt and Ayala Triangle to Poblacion's restaurants and bars, Makati carries one of the widest food and lifestyle scenes in the metro.

A serious business environment

Banks, multinationals and embassies set a professional tone that shapes the tenant profile and the way the district is managed and maintained.

Who it may suit

Is Makati right for you?

General guidance on strategies that commonly fit this market — not personal financial advice.

Homebuyer

Prioritise building management, floor and unit selection, and walkability to what you use daily; central Makati rewards location over size.

Investor / landlord

Focus on well-managed buildings with durable tenant-demand drivers rather than headline numbers; review each unit and building on its own merits.

OFW buyer

Consider handover status, developer track record, financing timelines and who will manage or lease the unit while you are abroad.

Corporate occupier

Grade-A supply, accessibility for staff and proximity to clients and banking are the usual deciding factors.

Expatriate

Established leasing options near embassies, international schools and lifestyle amenities make central Makati a common first choice.

Advisory

What to consider before buying or investing

  • Makati carries a price premium versus most Metro Manila markets — compare against your goal and holding period.
  • Association and condominium dues vary widely by building; factor them into any hold or leasing plan.
  • Building age and management quality differ across the CBD — they affect livability, leasing appeal and resale.
  • Rental demand and achievable rents vary by building, unit type and timing; treat any projection cautiously.
  • Confirm title, tax and documentation status with professional help before committing.
  • Traffic, parking allocation and access differ by pocket — check what matters for your daily use.

Property values, rental demand and investment performance vary by project, building, unit, location, market conditions and holding period. La THEOZ can help clients review individual opportunities based on their requirements and due diligence.

Properties

Properties in Makati

Search current opportunities, or tell us your requirement and a La THEOZ advisor will shortlist options for you.

Local market FAQ

Makati property questions

Is Makati a good location for condominium investment?

Makati is one of the country's most established condominium markets, with a deep base of corporate employment, an active resale market and steady leasing interest near the CBD. Whether a specific unit suits you depends on the building, unit type, price, your holding period and your goals — which is exactly what a La THEOZ advisor can help you evaluate. We don't promise appreciation or rental returns.

What types of property are available in Makati?

Premium and mid-market condominiums, luxury residences (notably Rockwell and Salcedo), Grade-A office space, retail and commercial units, and a sizeable secondary market. The right fit depends on whether you're buying to live in, occupy for business, or hold as an investment.

Which areas of Makati are most established?

The Makati CBD around Ayala Avenue, together with Salcedo and Legazpi Villages, are the most established; Rockwell Center is the premium master-planned enclave; and Poblacion is a distinct, active dining-and-nightlife district. Each has a different property character.

What should an OFW consider before buying property in Makati?

Look closely at the developer's track record and handover timeline, financing and payment schedule, who will manage or lease the unit while you're abroad, and full title and documentation. A La THEOZ advisor can walk through these with you before you commit.

Considering property in Makati?

Tell us your goal.

A La THEOZ property advisor can help you evaluate residential, commercial and investment opportunities in Makati based on your requirements — not a sales script.

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