Manila Rent Guide: Top 10 High-Rental Yield Pasay Condos Near MOA & Entertainment City

September 5, 2025

Planning to invest in the booming Manila real estate market? Pasay City, particularly the areas surrounding the Mall of Asia (MOA) Complex and Entertainment City, has emerged as a prime location for investors seeking high rental yields.

With a constant influx of tourists, business travelers, BPO professionals, and casino patrons, the demand for short-term and long-term condo rentals in this area is consistently high. This guide breaks down what makes Pasay a lucrative investment and highlights some of the top condo developments to consider.

What is Rental Yield and Why Does it Matter?

Before we dive into the list, let's quickly define rental yield. In simple terms, it's the return on investment you get from your rental property. It’s a key metric to determine a property's profitability.

The formula for Gross Rental Yield is:

SOURCE: Wise.com

While the Net Rental Yield is more accurate as it accounts for all operating expenses (maintenance fees, taxes, insurance, vacancy costs, etc.). A good rental yield in the Philippines is generally considered to be 5% to 7%. The high-demand nature of Pasay's Bay City area often pushes these figures even higher.

Why Invest in Pasay's Bay City Area?

The area's success as a rental hub is no accident. Several factors contribute to its high-yield potential:

• Strategic Location: It's the gateway to the Philippines, with the Ninoy Aquino International Airport (NAIA) right next door. This proximity makes it a top choice for transient guests.

• Entertainment and Lifestyle Hub: Home to the Mall of Asia Complex, Solaire Resort & Casino, City of Dreams, and Okada Manila, the area is a magnet for both local and international visitors.

• Business District Proximity: Bay City is a growing business hub, attracting professionals and employees of various corporations and BPO centers.

• Infrastructure Development: Ongoing and future projects, like the Pasay Monorail and other transit systems, are set to further increase property values and rental demand.

Top 10 High-Yield Pasay Condos for Investment

Based on market trends, location advantages, and high demand from tenants, here are some of the most promising condo developments for rental investors.

1. SMDC Shore Residences (Shore 1, 2, 3)

A flagship project by SMDC, the Shore Residences complex is a massive, resort-inspired development right in the heart of the MOA Complex.

• Why it's high-yield: Its prime location, just a short walk from MOA, makes it incredibly popular for both short-term staycations and long-term renters. The resort-style amenities, including multiple pools and lush gardens, are a huge draw.

• Target Tenants: Tourists, families on staycation, and business travelers attending events at the SMX Convention Center or MOA Arena.

2. SMDC Sea Residences

One of the first major residential projects in the MOA Complex, Sea Residences remains a favorite due to its established reputation and location.

• Why it's high-yield: It has a proven track record of high occupancy rates. Its proximity to MOA and the main thoroughfares makes it a reliable choice for tenants.

• Target Tenants: BPO employees, students, and both local and international visitors.

3. SMDC Shell Residences

Located right across from the Mall of Asia, Shell Residences offers unparalleled convenience. Its unique, shell-inspired design is also a recognizable landmark.

• Why it's high-yield: The immediate access to MOA is a significant selling point, ensuring a steady stream of renters. It's particularly popular for short-term stays.

• Target Tenants: Shoppers, leisure travelers, and attendees of events at the MOA Arena.

  
  

4. SMDC S Residences

As part of the MOA Complex, S Residences stands out with its modern aesthetic and resort-style living.

• Why it's high-yield: The development's contemporary design and well-thought-out amenities appeal to a more upscale market, allowing for higher rental rates.

• Target Tenants: Young professionals, expats, and tourists looking for a more luxurious stay.

5. Anchor Land's Solemare Parksuites

Known for its luxurious feel and spacious units, this development caters to a specific market segment.

• Why it's high-yield: While it may not be an SMDC project, its reputation for quality and larger floor plans attracts long-term, high-value tenants, which can translate to stable, high-yield income.

• Target Tenants: Expats and corporate executives working in the Bay City area.

6. Federal Land's The Radiance Manila Bay

Located on Roxas Boulevard, this condominium offers stunning, unobstructed views of the world-famous Manila Bay sunset.

• Why it's high-yield: The "sunset view" is a premium feature that allows investors to command higher rental prices, especially for short-term rentals. Its proximity to the Cultural Center of the Philippines (CCP) and other cultural landmarks also adds to its appeal.

• Target Tenants: Tourists, couples on romantic getaways, and business travelers who appreciate a scenic and relaxing environment.

  
  

7. Six Senses Residences

Situated along Macapagal Boulevard, Six Senses Residences is part of a larger, integrated community that promises a lifestyle of convenience.

• Why it's high-yield: Its location provides a good balance between access to the MOA Complex and the privacy of a less congested area. The community-oriented design can attract long-term tenants.

• Target Tenants: Families and long-term residents seeking a well-rounded community.

8. Bay Garden Club and Residences

This development offers a more exclusive and upscale living experience, with larger units and a focus on premium amenities.

• Why it's high-yield: Its higher price point and larger units naturally attract a more affluent tenant base, leading to higher rental income and a potentially lower vacancy rate.

• Target Tenants: High-net-worth individuals, business executives, and large families.

9. SMDC Coast Residences

Positioned along Roxas Boulevard, this project also boasts a breathtaking view of Manila Bay.

• Why it's high-yield: Similar to The Radiance, the bay view is a strong rental driver. It also benefits from the SMDC brand reputation and its comprehensive set of amenities.

• Target Tenants: Anyone looking for a scenic and relaxing stay, from tourists to long-term residents.

10. Anchor Grandsuites

Located in the heart of Binondo, this one is a bit further from MOA but is still a top choice for high-yield investment. Its sheer size and luxury cater to a specific, high-end Chinese market.

• Why it's high-yield: While not in Pasay's Bay City, its strategic location and luxury status make it a top contender for investors targeting a specific niche, which can translate to very high and stable returns.

• Target Tenants: Businessmen and affluent families in the Filipino-Chinese community.

  
  

Final Thoughts for Investors

The Pasay City rental market, especially around the MOA and Entertainment City areas, presents a compelling opportunity for investors. The key to maximizing your rental yield is to:

1. Choose the right property: Opt for developments with a proven track record of demand and high-quality amenities.

2. Focus on your target market: Furnish and market your unit to appeal to a specific group, whether it's short-term staycationers or long-term corporate renters.

3. Optimize your pricing: Use data to adjust your rental rates dynamically, especially for short-term rentals, to capitalize on peak seasons and events.

   
   

Investing in a condo in this vibrant district is not just about owning a property; it's about securing a piece of a thriving, high-growth economy.

SOURCE: https://anchorland.com.ph/locations/bay-city/