Philippines: House Prices, Rents, and Rental Yields
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Last Updated: Oct 01, 2008
Medium sized units are the way to go in Manila
| Last Updated: Oct. 01, 2008 | |||||
| METRO MANILA - Condo Apartments |
COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 30 sq. m. | 64,080 | 499 | 9.35% | 2,136 | 16.64 |
| 50 sq. m. | 112,600 | 850 | 9.05% | 2,252 | 16.99 |
| 70 sq. m. | 150,570 | 1,312 | 10.45% | 2,151 | 18.74 |
| 120 sq. m. | 232,680 | 2,130 | 10.99% | 1,939 | 17.75 |
| 180 sq. m. | 324,900 | 2,198 | 8.12% | 1,805 | 12.21 |
| 280 sq. m. | 477,680 | 3,430 | 8.62% | 1,706 | 12.25 |
| Districts researched Eastwood City , Makati CBD, Ortigas CBD, Rockwell, Global City-The Fort Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
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Luxury condominiums in prime areas have high yields at an average of 9.43%. Medium sized units of 70 and 120 square metres (sq. m) have the highest yields of 10.45% and 10.99% respectively.
Condominium prices range anywhere between US$64,000 to US$480,000 for properties as small as 30 square metres and as large as 280 square metres. None of which, go beyond US$2,250 per square metre, averaging around US$1,998.
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Your Comments
posted by Bobeth Saberon | 2007-10-13
e-rep, manila
i would like to know if we can report someone who is letting someone rent her house without a permit to rent