Analysis of Real Estate Investment in Metro Manila

Makati

Makati is located in the central and western part of the Metro Manila region, where banks, department stores and foreign embassies are concentrated. It is the earliest financial center developed by the Philippines, led by Ayala, the Philippines ’chief developer. It is still the financial center of the Philippines. It is one of the cities with the highest density of skyscrapers in the world. There are 62,000 corporate headquarters in the district, which develops along Ayala Ave. Financial Avenue.

Makati City has mature and convenient urban development, good public security, and a daily flow of 4.7 million people. The real estate market has strong support for buying. Like the elite districts of the capitals of the world,land in Makati can be developed very scarcely.

The average house price is 200,000 P / ㎡ (about 27,500 RMB / ㎡), and the high-end real estate is 320,000 P / ㎡ (about 45,000 RMB / ㎡).

Quezon City——Vertis North

Vertis North is located in Quezon City, North Manila. It is jointly developed by the Philippine government and chief developer Ayala. It covers an area of 45 hectares. It is close to the famous Trinoma Shopping Center and MRT light rail station. After completion, it will be the first CBD in Quezon City.

Vertis North has a fairly complete transportation function. The existing MRT-3, LRT-1, and the future MRT-7, Manila Airport Subway will soon completely connect the flow of business opportunities between North and South Manila. In addition to transportation, Vertis North plans Ayala Mall, BPO building, residences, parks and the second Solaire Game Resort, which will become the first-level CBD center in North Manila.

The average house price is 170,000-190,000 P / ㎡ (about 22,000-23,000 RNB / ㎡), and the rent is 700-900 P / ㎡ (about 90RNB / ㎡).

Mandaluyong——Ortigas

Ortigas is located in the city of Mandaluyong, at the joint border of Pasig and Quezon. It is located in the central and eastern part of the Metro Manila area and covers an area of more than 100 hectares. The second largest central business district (CBD) in Makati.

Now Ortigas has developed into an emerging financial center and BPO center, gathering many financial institution headquarters, BPO headquarters base, there are many new high-end office buildings, shopping malls and five-star hotels.

Ortigas also enjoys the name of "Philippine Shopping Capital" because it is home to a series of shopping malls such as SM Megamall, The Podium, Shangri-La Plaza Mall and ST. Francis Square.

The average house price of Ortigas is 170,000 P / ㎡ (approximately 23,000 RMB / ㎡), and the high-end real estate is 280,000 P / ㎡ (approximately 38,000 RMB / ㎡).

Pasay——Manila Bay

The city of Pasay is located in the east of the Greater Manila region and has the longest Manila Bay coastline.

The area is closest to Manila International Airport, with the airport elevated connecting to the area, and Asia ’s largest shopping mall Mall Of Asia, the international-grade stadium Arena, the customer service center business park, and 4 (may also be 5) The blessings of international-level casino resorts have boosted the Manila Bay Area to become the first choice for investors, and house prices have risen far ahead of other regions.

The average house price is 220,000 P / ㎡ (approximately 30,000 RMB / ㎡), and the high-end real estate is 360,000 P / ㎡ (approximately 49,000 RMB / ㎡) (only the Mall and Casino area in Asia, not all Pasay cities). The region with the highest rental-to-sale ratio in the Philippines.

Taguig——BGC

BGC (Bonifacio Global City) is a 300 hectare rezoning area located in the city of Taguig (Taguig) in the south of Greater Manila. The newly developed CBD led by Ayala, with overall planning and construction, is known as Little Singapore. It is an area where Philippine high net worth individuals and overseas people are concentrated. Since it was planned and developed in 2003, it is now very mature and comparable to other international metropolises.

BGC is also the most concentrated international school parish. At present, nine international schools have settled in the district. Together with the top St. Luke's hospital in the Philippines, the district attracts a large number of Philippine wealthy people and overseas retirees to settle here.

The average house price is 210,000 P / ㎡ (about 29,000 RMB / ㎡), and the high-end real estate is 320,000 P / ㎡ (about 44,000 RMB / ㎡).

Arca South

The Philippine government and chief developer Ayala Land have joined forces to create the 74-hectare Arca South new district, with low-density buildings and a high proportion of greenery as the core of the plan. It is planned to develop into an all-round development center in the south of Manila, combining business, entertainment, medical treatment, tourism and life, a five-in-one new lifestyle.

Arca South will complete the first phase of the project in 2019. There will be a shopping center, customer service center building and four-star hotel one after another. At present, the average price of new cases in this area has also exceeded 200,000 pesos. It is expected that as the supporting facilities in this area continue to improve, house prices will continue to reach new highs.

The average house price is 190,000-230,000 P / ㎡, and the area is currently more suitable for long-term investment. As the overall development progress of the Philippines is relatively slow, investors who want to enter short-term or short-term need to consider carefully.