Makati Pre-Selling Condo Ranking
CONDO MAKATI Research
Pre-Selling Investment Team
The definitive 2026 ranking of Makati pre-selling condominiums. We evaluate developer track record, location, pricing, and capital appreciation potential for every active Makati pre-selling project.
Why Pre-Selling in Makati is a Rare and Valuable Opportunity
Makati's land supply is even more constrained than BGC's. The number of new condominium launches in Makati has been declining for seven consecutive years as developable land becomes increasingly scarce. This means that pre-selling opportunities in Makati are becoming rarer and more valuable — each new launch may be the last of its kind in a particular sub-location.
For investors with a 3-5 year horizon and the capital to carry a pre-selling investment, Makati pre-selling offers exceptional capital appreciation potential. This guide ranks the active Makati pre-selling projects by investment potential.
#1 Pre-Selling — One Ayala Phase II (Ayala Land)
Pre-Selling Score: 96/100 Launch Price: ₱235,000 – ₱255,000/sqm Estimated Completion: Q3 2028 Foreign Quota Availability: Limited (approximately 18% remaining)
One Ayala Phase II is the most anticipated Makati pre-selling launch of 2026. Located adjacent to the completed Phase I (which has delivered exceptional investment returns), Phase II benefits from the established reputation of the development and the proven demand for One Ayala addresses.
Why It Ranks #1: • Ayala Land's impeccable delivery track record • MRT integration — the most valuable location feature in Makati • Phase I secondary market prices already 27% above Phase II launch price • Limited foreign quota availability creates urgency • Metro Manila Subway station planned within 400m of the development
Capital Appreciation Projection: ₱245,000/sqm launch price → estimated ₱300,000-320,000/sqm at completion (2028) = 22-31% capital gain over 2.5 years
Investor Verdict: The single best pre-selling opportunity in Makati in 2026. Act immediately — foreign quota will be exhausted within months of launch.
#2 Pre-Selling — Rockwell Expansion Tower (Rockwell Land)
Pre-Selling Score: 93/100 Launch Price: ₱225,000 – ₱245,000/sqm Estimated Completion: Q1 2029 Foreign Quota Availability: Moderate (approximately 28% remaining)
Rockwell Land's expansion tower represents the final phase of the Rockwell Center enclave — a development that has maintained its premium positioning for over 20 years. The scarcity value of a new Rockwell address is extraordinary.
Why It Ranks #2: • Rockwell's absolute scarcity value — no new land means this is the last Rockwell tower ever • Power Plant Mall lifestyle anchor creates self-sustaining demand • Rockwell Land's legendary delivery track record and management standards • Strong long-term capital preservation case
Capital Appreciation Projection: ₱235,000/sqm launch price → estimated ₱290,000-310,000/sqm at completion (2029) = 23-32% capital gain over 3 years
Investor Verdict: The most compelling scarcity play in Philippine real estate. The last Rockwell tower will never be replicated.
#3 Pre-Selling — Greenbelt Residences Phase III (Ayala Land)
Pre-Selling Score: 89/100 Launch Price: ₱205,000 – ₱225,000/sqm Estimated Completion: Q2 2030 Foreign Quota Availability: Good (approximately 40% remaining)
Ayala Land's third phase of the Greenbelt Residences development offers the most affordable genuine Makati pre-selling option in 2026. Located adjacent to the Greenbelt park corridor, it offers the best lifestyle play of any current Makati pre-selling project.
Why It Ranks #3: • Most affordable Makati pre-selling price point from a top-tier developer • Best Greenbelt lifestyle proximity of any current Makati pre-selling project • Ayala Land's strong delivery track record • Greenbelt park corridor location is permanently protected from overdevelopment
Capital Appreciation Projection: ₱215,000/sqm launch price → estimated ₱268,000-285,000/sqm at completion (2030) = 25-33% capital gain over 4 years
Investor Verdict: The best lifestyle play in Makati pre-selling. The Greenbelt park proximity will be a permanent value driver.
Pre-Selling Risk Assessment: What Can Go Wrong
1. Construction Delays: Even the best developers experience delays. Ayala Land has an excellent track record in Makati, but always budget for a 6-12 month delay in your financial projections.
2. Market Downturn During Construction: If the Philippine economy experiences a significant downturn during the 3-4 year construction period, secondary market prices at completion may be lower than projected.
3. Foreign Quota Changes: Philippine law could theoretically change the 40% foreign ownership quota. While this is unlikely, it is a risk that foreign investors should be aware of.
4. Developer Financial Distress: Always buy from developers with strong balance sheets and proven delivery track records.
5. Carrying Costs: During the construction period, you are paying installments with no rental income. Factor in the opportunity cost of your capital and any financing costs.
Frequently Asked Questions
Q: Is pre-selling in Makati a good investment in 2026? A: Yes, for investors with a 3-5 year horizon and the capital to carry the investment during construction. Makati pre-selling offers excellent capital appreciation potential with lower risk than BGC due to Makati's established market.
Q: How much do I need to invest in Makati pre-selling? A: Most Makati pre-selling projects require a 20-30% downpayment spread over the construction period. For a ₱14M unit, this means ₱2.8-4.2M in downpayments over 3 years.
Q: Which developer has the best track record in Makati? A: Ayala Land has the best delivery track record in Makati — zero delays in all completed Makati projects. Rockwell Land also has an impeccable track record.
Q: Can foreigners buy Makati pre-selling condos? A: Yes, subject to the 40% foreign ownership quota. Foreign quota availability varies by project — always verify current availability before committing.
Q: What is the typical capital appreciation for Makati pre-selling? A: Historical Makati pre-selling capital appreciation has averaged 18-32% from launch price to completion price, depending on location and developer.
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