Considered the Philippines’ leading financial center since the 1970’s, Makati is presently among the most prominent cities in Southeast Asia. To some degree, the extensive business activity in the city has allowed it to be self-sustaining, and continues to make it the preferred location of numerous multinational corporations and notable local companies in the Philippines.
Makati is also among the most highly developed cities in the Philippines, with its comprehensive urban amenities a significant draw for home seekers. Suffice to say, Makati is a coveted address because it has everything and then some.
Proximity to anything, and everything
Makati is the current home of over 85,000 business establishments, many of which were majorly responsible for the city being able to collect a revenue of PhP 12.98 billion in 2020 despite the challenges brought about by the pandemic.
A true lifestyle center, places to spend and do business are not only what can be found in Makati. The city is also home to over 341 schools, 29 major hospitals, 623 private clinics, and over a handful of landmarks.
The modes of transportation in Makati are also some of the most comprehensive. Residents and visitors are able to go in, out, or around the city passenger jeep, the PNR train station, UV Express vans, and buses with routes coming in or around Makati, and the MRT and LRT train stations.
A true global city
Makati also serves as the location of 54 foreign embassies and 34 consulates. Additionally, the city hosts 19 international organizations, including the World Health Organization, UNICEF, and the UNDP.
Business processing outsourcing and information technology has arguably been among the leading contributors to foreign investment in the country, and Makati has not been one to be short on BPO offices, with over a thousand located in the city.
Condo living in Makati
Being the highest earning city in the country has also led to Makati being among the most desired in terms of real estate. Along with businesses wanting to set-up shop or invest in property in the city, many also seek residence in Makati, be it to be within convenience to their work or school in the city and/or to also own property that grows exponentially in value as time goes on.
Given its popularity however, many assume that all real estate for sale in Makati is significantly pricey. That is partially, as some of the costliest communities in the Philippines-such as Forbes Park, Dasmarinas Village, and Rockwell Center-are located in the city. Still, those looking to live in or invest in a home in Makati are not limited to buying high-priced real estate. Among its more viable options are actually the type of residential property in Metro Manila, which are condominiums.
Due to their size, condos are comparatively more affordable than the traditional house and lot but-especially among the newer variants-have plenty to offer in terms of modern provisions. Most new condominium developments these days often feature amenities such as swimming pools and fitness gyms, and others even go as far as having their own commercial centers. These features on top of being centrally located and giving residents convenient access to most of what they need in the city.
Buy pre-selling condos
Whether a house and lot or a condo, buying a new home is a substantial transaction, and for some can be years in the making. For those not needing to move-in immediately, take advantage of the wait by investing in pre-selling condos. In doing so, you give yourself the benefit of buying a home at an affordable price and have a brand-new home in Makati to look forward to in the near future.
There are a number of pre-selling condos for sale in Makati to choose from, among the most notable of which are Mint Residences by SM Development Corporation. Rising along Chino Roces Ave., it is ideal for those studying and/or making a living in Makati. A short walk from Epifanio de los Santos Avenue (EDSA) and the Magallanes Station of the Manila Metro Rail Transit System Line 3 (MRT-3), Mint Residences is also easily accessible for residents who want or need to venture out further in Metro Manila.
Featuring one- and two-bedroom units with balconies, Mint Residences aims to provide residences a comfortable retreat from the busy city whilst not having to leave the area. Complementing its modern residences are amenities such as lap and kiddie pools, a lounge area, a fitness gym, and a comprehensive commercial area.
Want to view more condo for sale options in Makati and all over the Philippines? Check out property listings conveniently and from almost anywhere on your mobile device by downloading the Ohmyhome app.
Ohmyhome was launched in the Philippines in September 2020, following the company’s establishment of a tech team in the country in 2017. Ohmyhome was originally founded in 2016, and subsequently rose in Singapore as a leading PropTech solution and licensed real estate agency.
Ohmyhome expanded into the Philippines so that Filipino home seekers can have a real estate partner that they can trust to have their best interests at heart and can be relied upon to provide exceptional services throughout the entire property journey.
Featuring thousands of properties across many of the Philippines’ major real estate brands, Ohmyhome differs from other local platforms by going the extra mile and extensively helping buyers narrow down the choices and find the property that best suits their budgets, home needs, and lifestyle preferences.
The company’s Real Estate Agents not only help in the shortlisting of options but also provide professional services through the entire purchasing process. These include assistance in property inspections, negotiations, the finalization of the Conditions of Sale, deposit collection, the submission of property documents, as well as providing buyers regular updates.
Ohmyhome helps Filipinos find their dream homes, all while making sure each real estate transaction is complete and is an efficient and enjoyable experience.