5 Updated Manila Property Price Guide Insights for 2026: How Much Does It Cost to Buy in Makati, BGC, and Ortigas?

January 15,2025

The Manila property market remains one of Southeast Asia's most dynamic real estate landscapes in 2026. With continuous infrastructure developments, rising economic activity, and steady demand from both local and foreign buyers, understanding how much it costs to buy in key districts like Makati, Bonifacio Global City (BGC), and Ortigas is essential for buyers and investors alike.

In this updated 2026 guide, we break down the most current price trends, what's driving them, and what buyers can realistically expect in today's market.

1. Location Continues to Drive Value in 2026

One truth in Manila real estate hasn’t changed: location still matters most. But the reasons buyers value certain districts have evolved:

Makati remains the financial core of Metro Manila, with strong corporate tenancy and stable capital values — making it a perennial favorite among professionals and investors focused on long-term resilience.

BGC has solidified its reputation as a global lifestyle and work hub, with world-class amenities, urban design, and a tenant base that includes multinational firms, embassies, and international residents.

Ortigas continues to rise as a value-focused competitor — offering strong accessibility to major business districts without the top-tier pricing of Makati or BGC.

In 2026, all three districts benefit from improved transportation links, mixed-use developments, and an increasingly interconnected urban footprint — but each still serves a slightly different market segment and price bracket.

2. Makati Property Prices in 2026: Stability and Prestige

Makati remains the benchmark for high-value property in Manila, reflecting its strong economic fundamentals.

Typical Price Range (2026):

• ₱280,000 – ₱480,000 per sqm, depending on micro-location, building age, views, and developer

• Premium addresses (Ayala Avenue, Salcedo & Legazpi Villages) continue to command top pricing

Indicative Unit Prices:

• 1-Bedroom Condo: ₱12M – ₱20M

• 2-Bedroom Condo: ₱20M – ₱35M

• High-End Units: ₱35M + (top luxury towers)

Why Makati Prices Remain Strong in 2026:

• Consistent corporate demand — especially from fintech, consulting, and finance sectors

• Renewed interest from hybrid workers seeking live-work convenience

• Tight inventory in premium segments keeps pricing firm

Rental demand remains healthy, with yields often around 4.5 % – 6.5 % annually, supported by professionals and expatriates who prefer living near offices. Makati’s central positioning also helps preserve value even in times of economic slowdown.

3. BGC Property Prices in 2026: Premium for Lifestyle and Growth

BGC has only strengthened as a market in 2026, blending lifestyle appeal with serious investment interest.

Typical Price Range (2026):

• ₱300,000 – ₱550,000 per sqm for mid- to high-end projects

• Select luxury developments can go beyond ₱600,000 per sqm

Indicative Unit Prices:

• Studio: ₱9M – ₱14M

• 2-Bedroom: ₱22M – ₱38M

• 3-Bedroom & Larger: ₱35M – ₱60M +

BGC’s premiums reflect its world-class planning, safety, and international flavor — which appeal especially to young professionals, expats, and premium buyers. Its mix of corporate offices, cultural spaces, universities, and retail districts has strengthened rental uptake and long-term capital growth potential.

For investors, BGC remains a growth-centric market — where long-term appreciation often outweighs slightly lower rental yields compared to Makati.

4. Ortigas Property Prices in 2026: Balanced Value and Accessibility

Ortigas continues to shine as a value-oriented alternative for buyers who want centrality without the ultra-premium pricing of Makati or BGC.

Typical Price Range (2026):

• ₱180,000 – ₱300,000 per sqm

Indicative Unit Prices:

• 1-Bedroom: ₱7M – ₱12M

• 2-Bedroom: ₱14M – ₱22M

• 3-Bedroom: ₱20M – ₱30M +

What makes Ortigas compelling in 2026:

• Newer mixed-use developments bringing lifestyle amenities closer to homes

• Multiple major employers and universities fueling consistent demand

• Proximity to major transport upgrades and road expansions

Ortigas now attracts a broader buyer mix — from first-time buyers and young professionals to families seeking accessibility and balanced pricing.

5. What's Driving Manila Property Prices in 2026

A range of macro and micro trends are shaping real estate prices across Manila:

Infrastructure and Connectivity

• Expansion of mass transit (e.g., Metro Manila Subway progress) has boosted demand near stations

• Road improvements and new expressways have reduced travel times and supported value growth along transport corridors

  
  

Work-Lifestyle Integration

• Hybrid and flexible work setups are influencing where people choose to live — prioritizing proximity to offices but with more emphasis on lifestyle

  
  

Foreign and Local Investor Demand

• Overseas Filipino Investors and foreign nationals remain active, especially in premium districts like BGC

  
  

Supply Dynamics

• While new developments have injected more inventory, well-positioned projects continue to command premiums due to brand reputation, location, and quality

  
  

Developer Influence

Projects by top developers with strong track records continue to sell at premium pricing due to buyer confidence in quality and resale value.

2026 Price Snapshot: Makati vs BGC vs Ortigas

Smart Tips for 2026 Buyers

✔ Match budget to use case — e.g., Makati for stability, BGC for growth, Ortigas for value. 

✔ Focus on reputable developers to protect resale value. 

✔ Look for transit-oriented units near MRT/LRT/Subway lines. 

✔ Negotiate on pricing where there's mild oversupply. 

✔ Factor in rental yield vs. capital growth — they differ by location.

Bottom Line: Manila Real Estate in 2026

2026 remains a strong year for Manila property — with Makati holding ground as a stable hub, BGC leading for lifestyle growth, and Ortigas emerging as a balanced value choice. Whether you're buying your first home, diversifying a portfolio, or securing a rental income property, having updated price insights ensures you make informed investment decisions in today’s market.