Manila Condo Prices by Area 2026 — Full Breakdown
Manila condo prices vary by 2–5x depending on location. Here is the complete price map for Metro Manila's key investment areas:
- Quezon City: ₱70,000–₱100,000/sqm | Studio ₱1.8M–₱4.5M | 1BR ₱4.5M–₱9M
- Ortigas (Pasig/Mandaluyong): ₱100,000–₱140,000/sqm | Studio ₱2.8M–₱5.5M | 1BR ₱5M–₱10M
- Pasay (MOA area): ₱90,000–₱130,000/sqm | Studio ₱2.5M–₱5M | 1BR ₱4.5M–₱9M
- Makati CBD: ₱150,000–₱200,000/sqm | Studio ₱3.8M–₱7M | 1BR ₱8M–₱18M
- BGC: ₱170,000–₱250,000/sqm | Studio ₱4.5M–₱8M | 1BR ₱8.5M–₱20M
- Rockwell: ₱250,000–₱320,000/sqm | 1BR ₱16M–₱28M | 2BR ₱28M–₱55M
What Affects Condo Prices in Manila
Five factors drive Manila condo price variation: Location (BGC vs QC = 150–250% difference). Developer brand (Rockwell vs SMDC = 200–300% premium). Building age and condition (new vs 15-year old = 20–40% premium). Floor and view (top floors + city view = 15–30% premium). Unit size (smaller sqm = higher per-sqm price).
Most Affordable Entry Points by Investment Goal
Matching budget to the right investment entry in Manila:
- ₱2M–₱4M: QC/Pasay studios — 5.5–7.5% yield, domestic demand market
- ₱4M–₱6M: SMDC Jazz Makati / DMCI Taguig — 7–7.5% yield, near-premium zone
- ₱6M–₱9M: BGC studios / Ortigas 1BR — 7.5–9% yield, best value zone
- ₱9M–₱15M: BGC 1BR / Makati Salcedo 1BR — 7–8.5% yield, premium investor grade
- ₱15M–₱30M: BGC/Makati premium 1–2BR — 6.5–7.5% yield, trophy investment
- ₱30M+: Rockwell 2–3BR / BGC penthouse — 5.5–7% yield, pure appreciation play
Manila Condo Price vs Rent — Is It Cheaper to Buy or Rent?
The buy vs rent calculus in Manila: At 7–9% gross yield in BGC, renting is roughly equivalent to buying on a monthly basis — you pay rent, but the landlord earns 7–9% yield. Over 10 years, buyers benefit from the full capital appreciation (172% in BGC over 10 years). Buyers win decisively on a 5–10 year horizon. Renters win only if staying under 2 years.