Question 1

What is the difference between Legazpi Village and Salcedo Village in Makati?

Accepted Answer

Legazpi Village is the quieter, more premium residential enclave in Makati — home to high-end condos, top-tier restaurants, and a more exclusive atmosphere. It commands higher rents and lower vacancy. Salcedo Village, adjacent to Legazpi, is more commercial with the famous weekend farmers market. It offers more accessible price points with a balanced price-to-rent ratio, making it the sweet spot for investment yield. Legazpi suits end-users and premium tenants; Salcedo suits investors targeting the corporate expat market.

Question 2

Is Makati or BGC better for investment in 2026?

Accepted Answer

BGC offers higher capital appreciation potential (+8.2% YoY vs Makati's +6.7%) and stronger demand from multinational corporate tenants. Makati offers a lower entry price per sqm (₱175K vs BGC's ₱215K), making it more accessible for first-time investors. Gross yield is comparable: BGC 6.5–8% vs Makati 6–7.5%. For pure yield, Bay Area (8.1%) outperforms both. Our recommendation: BGC for capital growth, Makati for yield-to-price ratio, Rockwell for stability and end-user appeal.

Question 3

Can foreigners buy a condo in Makati?

Accepted Answer

Yes. Under the Philippine Condominium Act (Republic Act 4726), foreign nationals can own condominium units in Makati — including freehold title (Transfer Certificate of Title in your name) — as long as the building's foreign ownership does not exceed 40% of total units. Most Makati CBD buildings have available foreign quota. You cannot own land, but condominiums are 100% foreign-owned. Our foreign buyer specialists will check quota availability on any specific building you are interested in.

Question 4

What is the average rental yield in Makati CBD?

Accepted Answer

The average gross rental yield in Makati CBD (Legazpi and Salcedo Villages) is 6.0–7.5% as of Q1 2026. Net yield after management fees, vacancy, and HOA is approximately 4.5–5.5%. The P. Burgos / Poblacion sub-area commands a premium for short-term and furnished rentals, yielding up to 8–9% gross but with higher operational complexity. Vacancy rate across Makati averages 4.8%, slightly higher than BGC (3.1%) but below the Metro Manila average.

Question 5

Which area in Makati is popular with Japanese expats?

Accepted Answer

The P. Burgos Street and Poblacion area in Makati is the most established Japanese expat enclave in the Philippines. It hosts numerous Japanese restaurants, izakayas, karaoke bars, and Japanese-owned businesses. Many Japanese executives from trading companies, manufacturing firms, and PEZA-registered operations prefer to live near P. Burgos for the familiarity and community feel. Buildings like Gramercy Residences, The Residences at Greenbelt, and Antel Spa Suites are particularly popular with Japanese tenants.

Makati Condo Guide 2026 — Buy, Rent & Invest in Manila's Original CBD

Makati CBD

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Available Properties in Makati CBD

Rental Market Snapshot

Top Sub-Areas within Makati CBD

Property Type & Rental Guide — Makati CBD

Who Rents in Makati CBD?

ROI & Risk Comparison — All Areas

Yield Range vs. Metro Manila Average

Pros & Cons — Makati CBD

Who Should Consider Makati CBD?

Neighborhood Highlights — Makati CBD

Wellness Near Makati CBD

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Frequently Asked Questions — Makati CBD

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