Buying a condo in Manila today requires understanding costs that vary by location, size, and additional fees. As of mid-2025, condo prices in Metro Manila range from PHP 150,000 to PHP 217,000 per square meter on average. Prime districts like Makati CBD and Bonifacio Global City (BGC) command higher prices, typically between PHP 200,000 and PHP 270,000 per square meter.
More affordable areas such as Las Piñas and Parañaque offer units priced between PHP 70,000 and PHP 130,000 per square meter. These variations reflect differences in location desirability, amenities, and developer quality. Budgeting carefully for these price ranges and related fees helps buyers make informed decisions aligned with their needs and investment goals.
Price Examples by Location
Purchasing a 35-square-meter one-bedroom condominium in Makati goes beyond simply acquiring a property; it signifies an investment in a refined urban lifestyle that Nobleland Ventures passionately delivers. Such a unit typically costs between PHP 7.6 to 7.7 million. However, this price does not include additional important fees that represent a full commitment to quality living. These extra expenses encompass essential taxes and fees such as documentary stamp tax, transfer tax, registration, and notarial fees, which together add approximately 8-9% on top of the base purchase price, amounting to several hundred thousand pesos.
Equally important are the monthly association dues, which cover the maintenance and continuous enhancement of communal amenities designed to foster a peaceful, well-maintained environment. These dues range from PHP 80 to PHP 150 per square meter, translating to about PHP 2,800 to PHP 5,250 monthly for a 35-square-meter unit. With Nobleland, every investment reflects a dedication to integrity and lasting value, ensuring that residents enjoy thoughtfully crafted spaces where they can truly thrive and experience elevated urban living.
Unit Types and Their Costs
Studio units typically carry the highest cost per square meter among condominium offerings, even though their overall price tends to be the lowest because of their compact size. This is largely due to the premium placed on efficient use of space and prime urban locations where studios are often in high demand. While the total price may be more accessible for buyers or investors with a limited budget, the per-square-meter rate reflects the convenience, lifestyle, and strategic positioning that these units offer.
On the other hand, larger units such as two-bedroom or three-bedroom condominiums generally provide better value per square meter, offering more living space for a comparatively lower rate. However, these units come with a higher total purchase price, appealing to buyers who prioritize comfort and more room for family or work-from-home needs. At the upscale end of the market, luxury penthouses situated in prime districts can command exceptionally high prices, often well above PHP 300,000 per square meter. These exclusive residences combine expansive space, breathtaking views, and premium finishes, embodying refined living at its finest and catering to the discerning few who seek both prestige and unparalleled quality.
Additional Costs Beyond the Purchase Price
Purchasing a condominium is a significant investment that extends far beyond the initial sticker price. While the purchase cost is a major factor, prospective buyers should also consider the ongoing financial responsibilities that come with condo ownership. These include monthly association dues, property maintenance fees, and various taxes, all of which contribute to the overall cost of living comfortably in the unit. Additionally, the value of your investment is greatly influenced by factors such as location convenience, the quality of the development, and the reputation of the developer.
In addition, a well-situated condo in a vibrant area with excellent amenities not only enhances daily living but also boosts its long-term value. Therefore, it is essential for buyers to conduct thorough due diligence before making a commitment. This process should include careful property inspections, verifying legal documentation, and comprehensive market research to understand current trends and pricing. Taking these steps helps avoid unexpected issues and financial surprises in the future. By approaching the purchase thoughtfully and informed, buyers can ensure that their condo investment aligns with their lifestyle goals and delivers lasting value over time.
Market Trends in Manila Condo Prices
In recent years, condominium prices in Manila, particularly in central business districts (CBDs) like Makati and Bonifacio Global City (BGC), have risen significantly. Over the past five years, prices in these prime locations have increased by approximately 50-60%, reflecting strong demand and limited supply in key urban areas. In 2025, the average price per square meter in these CBDs ranges between PHP 200,000 to PHP 270,000. However, the market has recently experienced a slight price correction, especially in certain luxury segments.
This adjustment is mainly due to an oversupply of high-end condo units, causing some prices to soften as supply catches up with demand. The overall market in 2025 appears to be more balanced, with modest price increases of around 1-5% expected, depending on location and segment. This trend suggests a cooling down from the rapid growth seen in previous years, offering a more stable environment for buyers and investors. These dynamics highlight the importance of location, market segment, and timing when considering condo investments in Manila today.
Key Takeaways
When buying a condo in Manila, prices can vary significantly depending on the location, ranging from more affordable outskirts to premium central business districts. It’s crucial to budget for additional costs beyond the purchase price, as taxes and fees typically add around 8-9% more to the total expense. Monthly association dues are another important consideration, contributing to ongoing costs while supporting maintenance and shared amenities.
Moresoever, selecting the right unit type and size also influences your overall value, so evaluate these factors based on your lifestyle and long-term needs. Thorough research on the neighborhood and the developer’s reputation is vital to ensure a sound investment. By carefully assessing these elements, you can set realistic expectations and make informed decisions that align with both your financial capacity and personal preferences, ultimately securing a property that offers both comfort and lasting value.