Makati CBD (trophy, ~₱1,600/sqm/mo · ≈ $30.3 PSF/yr USD) is one of 5 Manila Class A submarkets we track.

  • Makati CBD sits at trophy tier.
  • Average rent ₱1,600/sqm/mo · ≈ $30.3 PSF/yr USD vs city average 1500.
  • Compared submarkets: Bonifacio Global City (BGC) (trophy), Ortigas Center (prime), Alabang (Filinvest City) (prime).

Makati CBD vs other Manila submarkets

Makati CBD (trophy, ~₱1,600/sqm/mo · ≈ $30.3 PSF/yr USD) is one of 5 Manila Class A submarkets we track.

TL;DR

  • Makati CBD sits at trophy tier.
  • Average rent ₱1,600/sqm/mo · ≈ $30.3 PSF/yr USD vs city average 1500.
  • Compared submarkets: Bonifacio Global City (BGC) (trophy), Ortigas Center (prime), Alabang (Filinvest City) (prime).

Side-by-side with peers

**Bonifacio Global City (BGC)** (trophy, ₱1,700/sqm/mo · ≈ $32.2 PSF/yr USD) — Master-planned trophy core. **Ortigas Center** (prime, ₱1,200/sqm/mo · ≈ $22.7 PSF/yr USD) — Mid-CBD trophy and back-office hub. **Alabang (Filinvest City)** (prime, ₱1,000/sqm/mo · ≈ $19 PSF/yr USD) — Southern trophy and BPO belt. **Quezon City & Eastwood** (established, ₱900/sqm/mo · ≈ $17.1 PSF/yr USD) — Northern BPO and tech corridor.

Key facts

cityManila
submarketMakati CBD
tiertrophy
averageRentLocal₱1,600/sqm/mo · ≈ $30.3 PSF/yr USD
cityClassARentUsd$28/sqft/yr
cityVacancyPct22.6%

Frequently asked questions

What other submarkets compete with Makati CBD in Manila?
Bonifacio Global City (BGC), Ortigas Center, Alabang (Filinvest City)

Related

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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