Philippines

House Price to Income Ratio - Philippines Compared to Continent

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Cambodia	326.13x
China	85.48x
Hong Kong	50.15x
India	939.03x
Indonesia	57.29x
Japan	35.83x
Malaysia	16.78x
Philippines	103.91x
Singapore	29.06x
Taiwan	23.00x
Thailand	60.63x

 

 

Philippines: House price to income ratio

The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.

The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.

 

Philippines does not publish official house price statistics. Colliers International has quarterly data of capital values in the Makati-CBD. Economics statistics are available from government agencies - Bangko Sentral ng Pilipinas, National Statistical Coordination Board and National Economic Development Agency.