Philippine Condo Market: Manila Metro Sees 7% Price Growth

Manila Condo Recovery Gains Momentum

The Metro Manila condominium market recorded 7% year-on-year price growth in Q1 2026, marking a sustained recovery after several years of pandemic-era stagnation. Bonifacio Global City (BGC) and Makati CBD led the growth.

Market Highlights

• BGC: Average price reached PHP 250,000/sqm ($4,500), up 8.5% YoY
• Makati CBD: PHP 220,000/sqm ($3,960), up 7.2% YoY
• Ortigas: PHP 160,000/sqm ($2,880), up 5.8% YoY
• Quezon City: PHP 120,000/sqm ($2,160), up 6.1% YoY

Foreign Ownership

Foreigners can own condominium units in the Philippines up to 40% of total project units. This remains one of the most straightforward foreign ownership frameworks in Southeast Asia. No minimum investment is required.

SRRV Retirement Visa

The Special Resident Retiree's Visa (SRRV) offers long-term residency for retirees with a minimum $20,000 deposit. Combined with condo ownership, it creates an attractive retirement package.