High-End Condos in Makati
CONDO MAKATI Research
Ultra-Premium Markets Team
The definitive guide to Makati's ultra-high-end condominium market. We profile the most exclusive developments, analyze the ultra-luxury tenant market, and explain what truly separates premium from ultra-premium in Makati.
Defining Ultra-Premium in Makati
Makati has three tiers of residential real estate: standard (₱130,000-180,000/sqm), premium (₱180,000-260,000/sqm), and ultra-premium (₱260,000+/sqm). This guide focuses exclusively on the ultra-premium tier — developments where the price per square meter exceeds ₱260,000 and where the product quality, amenity depth, and community exclusivity justify that premium.
Ultra-premium in Makati is not just about price. It is about a fundamentally different residential experience: private elevator lobbies, hotel-grade concierge services, amenity floors that rival five-star resorts, and a community of residents who share a similar level of wealth and lifestyle expectations. Makati's ultra-premium market has a 30+ year track record — making it the most proven ultra-luxury residential market in the Philippines.
#1 Ultra-Premium — Salcedo Skysuites
Ultra-Premium Score: 98/100 Price Range: ₱290,000 – ₱420,000+/sqm Total Units: 180 (boutique scale) Completion: 2023 (fully completed)
Salcedo Skysuites is the undisputed pinnacle of Makati residential real estate. Developed by Anchor Land with a mandate to create the finest residential building in the Philippines' financial capital, Skysuites has achieved that goal.
What Makes Salcedo Skysuites Truly Ultra-Premium: • Private elevator lobbies for every unit • 4.2-meter ceiling heights throughout • Italian Calacatta marble in all bathrooms and kitchen • Miele appliance packages • 48th-floor sky lounge with 360-degree Makati views • Butler service available on request • Private wine cellar and cigar lounge • Dedicated concierge team with multilingual capability • Infinity pool with Makati skyline backdrop • Direct access to Salcedo Village's restaurant and market strip
Who Buys Skysuites: Senior diplomats, C-suite executives of multinational corporations, ultra-high-net-worth Filipino families, and a select group of foreign investors who understand that Salcedo Skysuites is a once-in-a-generation asset.
#2 Ultra-Premium — The Residences at Greenbelt
Ultra-Premium Score: 94/100 Price Range: ₱265,000 – ₱350,000/sqm Total Units: 380 Completion: 2021 (fully completed)
The Residences at Greenbelt is Ayala Land's flagship ultra-premium offering in Makati — a development that combines the Ayala brand's legendary quality standards with the most coveted lifestyle address in the Philippines.
What Makes The Residences at Greenbelt Ultra-Premium: • Direct lobby connection to Greenbelt 5 luxury retail and dining • Rooftop pool with Greenbelt park and Makati skyline views • Premium concierge with restaurant reservation and lifestyle management services • Ayala Land's property management team — the gold standard in the Philippines • High-floor units with unobstructed views of the Greenbelt park corridor • Residents-only access to curated Greenbelt dining experiences
Who Buys The Residences at Greenbelt: Senior expat executives who prioritize lifestyle convenience, affluent Filipino professionals who want the Ayala brand at a luxury price point.
#3 Ultra-Premium — Rockwell Edades Tower
Ultra-Premium Score: 92/100 Price Range: ₱255,000 – ₱320,000/sqm Total Units: 520 Completion: 2002 (fully completed, extensively renovated)
Rockwell's Edades Tower is the most established ultra-premium address in the Philippines — a development that has maintained its premium positioning for over 20 years and remains the benchmark for luxury residential living in Metro Manila.
What Makes Edades Tower Ultra-Premium: • Power Plant Mall direct connection — the finest retail and dining in Makati • Rockwell community's intimate scale creates genuine exclusivity • Ayala River views from upper floors • Rockwell Land's legendary property management standards • Residents-only access to Rockwell Club facilities • Established community of long-term residents creates a genuine neighborhood feel
Who Buys Edades Tower: Senior executives, affluent Filipino families, and long-term expat residents who value Rockwell's community intimacy above all else.
The Ultra-Premium Tenant Market in Makati
Ultra-premium Makati units attract a very specific tenant profile: C-suite executives of multinational corporations on corporate housing allowances of ₱180,000-450,000/month, senior diplomats and embassy staff, and ultra-high-net-worth individuals who prefer renting to owning.
Key characteristics of ultra-premium Makati tenants: • Corporate housing allowances: Most ultra-premium tenants are on corporate housing allowances, meaning the company pays the rent. This eliminates default risk entirely. • Long lease terms: Ultra-premium tenants typically sign 2-3 year leases, reducing turnover costs significantly. • High maintenance standards: Ultra-premium tenants maintain properties to an exceptional standard. • Diplomatic community: Makati's concentration of embassies and diplomatic missions creates a unique tenant base of senior diplomats who are among the most reliable tenants in the market.
Achievable Rents for Ultra-Premium Makati Units: • 2BR (110-140 sqm): ₱160,000 – ₱250,000/month • 3BR (165-200 sqm): ₱250,000 – ₱400,000/month • Penthouse (320-480 sqm): ₱450,000 – ₱900,000+/month
Frequently Asked Questions
Q: What is the minimum budget for an ultra-premium Makati condo? A: Ultra-premium Makati condos start at approximately ₱30-35M for a 2BR unit in The Residences at Greenbelt. Salcedo Skysuites starts at approximately ₱32-48M for a 2BR.
Q: Are ultra-premium Makati condos good investments? A: Yes, but the investment thesis is different from mid-tier Makati. Ultra-premium Makati condos offer lower gross yields (4.5-6%) but exceptional capital preservation and tenant quality.
Q: Which ultra-premium Makati building has the best views? A: Salcedo Skysuites (48th floor sky lounge) offers the most spectacular Makati skyline views. One Ayala upper floors also offer excellent panoramic views.
Q: How do ultra-premium Makati condos compare to BGC? A: Makati ultra-premium condos offer superior stability, deeper secondary market liquidity, and a more established community. BGC ultra-premium condos (Aurelia, Horizon Homes) offer newer finishes and a more modern lifestyle.
Q: Do ultra-premium Makati buildings allow pets? A: Most do, with restrictions on size and breed. Salcedo Skysuites and The Residences at Greenbelt are particularly pet-friendly.
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