Top 5 Business Districts in Metro Manila: Comparing Manila Property Prices
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August 19, 2025
Metro Manila is home to some of the most dynamic business districts in the Philippines, each offering its own lifestyle advantages, real estate opportunities, and investment potential. As urbanization accelerates and demand for prime property continues to rise, buyers and investors are closely examining Manila property prices across areas like Makati, Bonifacio Global City (BGC), Ortigas, Alabang, and Bay City.
This blog provides a detailed comparison of property values, rental trends, and investment considerations in these key business hubs—helping you make informed decisions whether you're purchasing for personal use or long-term rental income.
1. Makati: The Established Business Capital
Makati remains the financial heart of Metro Manila, home to multinational companies, embassies, and luxury condominiums. Property prices here are among the highest in the country, reflecting its prestige and accessibility.
Condo Prices: Premium developments in Legazpi and Salcedo Village range from ₱300,000 to ₱450,000 per sqm, while ultra-luxury projects in Ayala Avenue command upwards of ₱500,000 per sqm.
Rental Trends: 1-bedroom units typically lease for ₱70,000–₱120,000 monthly, with luxury 3-bedroom units exceeding ₱250,000 per month.
Makati's strong track record, high tenant demand from expats and corporate executives, and unmatched centrality make it a reliable choice for investors seeking stability.
2. Bonifacio Global City (BGC): The Modern Lifestyle Hub
BGC in Taguig has become a magnet for younger professionals, start-ups, and multinational headquarters. With its organized urban planning, walkable environment, and vibrant lifestyle amenities, BGC has overtaken many older districts in desirability.
Condo Prices: Units typically range from ₱280,000 to ₱400,000 per sqm, with luxury residences like One Serendra and The Suites fetching higher.
Rental Trends: 1-bedroom units average ₱60,000–₱90,000 monthly, while larger 2- to 3-bedroom units rent out for ₱150,000–₱250,000 per month.
BGC is ideal for investors targeting high occupancy rates, as rental demand remains strong from expats, business executives, and affluent families.
3. Ortigas Center: The Balanced Option
Located at the intersection of Pasig, Mandaluyong, and Quezon City, Ortigas is an established business hub that balances affordability and accessibility. While not as premium-priced as Makati or BGC, Ortigas offers solid returns with growing infrastructure support.
Condo Prices: Average ₱150,000 to ₱250,000 per sqm, with luxury towers like The Galleon and The Sapphire Bloc commanding higher prices.
Rental Trends: 1-bedroom units rent for ₱35,000–₱60,000 monthly, while 2- to 3-bedroom units go for ₱70,000–₱120,000 per month.
Ortigas is attractive for middle-income families, young professionals, and companies seeking cost-efficient alternatives to Makati or BGC.
4. Alabang: The Southern Business Gateway
Alabang has positioned itself as the premier business hub of southern Metro Manila, with Filinvest City and Madrigal Business Park driving development. Known for its greener environment and less congested roads, Alabang appeals to families and professionals who prefer suburban living.
Condo Prices: Ranging from ₱120,000 to ₱200,000 per sqm, significantly lower than Makati and BGC.
Rental Trends: 1-bedroom units average ₱25,000–₱50,000 monthly, while larger units lease for ₱60,000–₱100,000 per month.
Alabang provides investors with long-term growth potential as urban expansion continues southward, boosted by infrastructure projects like the Skyway and CALAX.
5. Bay City: The Entertainment & Tourism Hub
Stretching across Pasay and Parañaque, Bay City is home to major entertainment complexes, luxury casinos, and the Mall of Asia. With its proximity to NAIA and reclamation area projects, Bay City is fast becoming a hotspot for property investment.
Condo Prices: Averaging ₱180,000 to ₱280,000 per sqm, with premium projects like Shore Residences attracting strong investor interest.
Rental Trends: 1-bedroom units lease at ₱35,000–₱65,000 monthly, particularly popular among short-term renters and tourists.
This district is well-suited for investors eyeing the short-term rental market (Airbnb), given its influx of travelers and proximity to commercial attractions.
Where Should You Invest?
When comparing Manila property prices across Metro Manila's business districts, each area offers distinct advantages depending on your goals:
Makati: Best for stable, long-term capital appreciation.
BGC: Ideal for high rental yields and expat demand.
Ortigas: Balanced choice for affordability and steady growth.
Alabang: Great for families and long-term suburban development.
Bay City: Strong short-term rental and tourism-driven investments.
For investors, the key is aligning your purchase with your investment horizon—whether that's immediate rental income, long-term appreciation, or diversification across multiple districts. With Metro Manila's continued economic growth and infrastructure expansion, these districts will remain central to the region's real estate story.
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