Jul 19, 2026 · by BalayHub Admin · 7 min read

Land Price Per Square Meter in the Philippines (2026)

Land price per square meter in the Philippines: a median of about ₱7,350, Metro Manila near ₱105,000, Nueva Ecija farmland under ₱200, by province.

Land Price Per Square Meter in the Philippines (2026)

Land in the Philippines asks a median of about ₱7,350 (about $117 / €101) per square meter across the lots listed on BalayHub, with Metro Manila lots around ₱105,000 (about $1,670 / €1,450), Cavite about ₱15,500 (about $247 / €213), Cebu about ₱5,500 (about $87 / €76) and Nueva Ecija farmland under ₱200 (about $3.2 / €2.8). That is the short answer to how much land costs per square meter. The useful answer is the figure for your province, which follows.

Ask what land costs in the Philippines and you will get answers ranging from two hundred pesos to two hundred thousand, all of them true somewhere. No property type has a wider price spread than raw land, which is exactly why a national average is nearly useless and a breakdown is not.

So here is the breakdown, from live lot listings on BalayHub as of July 2026, with the sample sizes shown so you know how much weight to put on each number.

Land price per square meter in the Philippines: the national median

Across 68 residential and agricultural lots currently listed for sale with complete data, the median asking price is about ₱7,350 (about $118 / €101) per square meter. Treat that as a curiosity more than a benchmark. The same dataset contains farmland in Nueva Ecija asking under ₱200 (about $3.2 / €2.8) per square meter and titled Metro Manila lots asking over ₱100,000 (about $1,600 / €1,380). What a lot costs is a location question first, a paperwork question second, and only then a size question.

One warning before the table: these are asking prices. Land negotiates harder than condos, particularly on large parcels that have sat unsold, so the closed price is often meaningfully below what you see listed.

Land price per square meter by province

Province or regionMedian asking per sqmListings in sample
Metro Manila₱105,000 (about $1,680 / €1,450)7
Benguet (Baguio area)₱20,000 (about $320 / €275)7
Cavite₱15,500 (about $248 / €213)4
Bulacan₱12,000 (about $192 / €165)4
Cebu₱5,500 (about $88 / €76)8
Bohol₱2,626 (about $42 / €36)8
Quezon Province₱2,500 (about $40 / €34)9
Nueva Ecija (farmland)₱180 (about $2.9 / €2.5)3

Samples are small, land inventory always is, but the shape of the market comes through clearly. Metro Manila land trades at a different order of magnitude from everything else. The ring provinces where the metro spills over, Cavite and Bulacan, hold five figures. Island provinces with tourism pull, Cebu and Bohol, sit in the low thousands, and pure agricultural land in the rice belt goes for hundreds.

What 300, 500 and 1,000 square meters of land cost

The question behind many of the searches that reach this page is not the rate but the total: how much is 1,000 square meters of land in the Philippines. Multiply the medians above by the lot size and the answer depends almost entirely on where the lot sits. At the national median of about ₱7,350 (about $116 / €103) per square meter, 1,000 square meters is about ₱7,350,000 (about $116,000 / €103,000); in Metro Manila the same area is about ₱105,000,000 (about $1.66 million / €1.48 million), and on Nueva Ecija farmland about ₱180,000 (about $2,840 / €2,530). A hectare is 10,000 square meters, so that farmland is about ₱1,800,000 (about $28,400 / €25,300) per hectare, the unit in which agricultural land is actually quoted.

Lot sizeNueva Ecija farmland (₱180 (about $2.8 / €2.5) per sqm)Quezon Province (₱2,500 (about $39 / €35) per sqm)National median (₱7,350 (about $116 / €103) per sqm)Cavite (₱15,500 (about $245 / €218) per sqm)Metro Manila (₱105,000 (about $1,660 / €1,480) per sqm)
300 sqm₱54,000 (about $853 / €759)₱750,000 (about $11,800 / €10,500)₱2,205,000 (about $34,800 / €31,000)₱4,650,000 (about $73,400 / €65,400)₱31,500,000 (about $498,000 / €443,000)
500 sqm₱90,000 (about $1,420 / €1,270)₱1,250,000 (about $19,700 / €17,600)₱3,675,000 (about $58,000 / €51,700)₱7,750,000 (about $122,000 / €109,000)₱52,500,000 (about $829,000 / €738,000)
1,000 sqm₱180,000 (about $2,840 / €2,530)₱2,500,000 (about $39,500 / €35,200)₱7,350,000 (about $116,000 / €103,000)₱15,500,000 (about $245,000 / €218,000)₱105,000,000 (about $1.66 million / €1.48 million)
2,000 sqm₱360,000 (about $5,690 / €5,060)₱5,000,000 (about $79,000 / €70,300)₱14,700,000 (about $232,000 / €207,000)₱31,000,000 (about $490,000 / €436,000)₱210,000,000 (about $3.32 million / €2.95 million)

These are the medians applied mechanically. A 2,000 square meter lot rarely sells at the same rate per square meter as a 300 square meter lot in the same town, because fewer buyers can use it, so expect the larger parcels to negotiate below the table and the small titled lots near a road to hold above it.

Why two lots a road apart can differ five-fold

Land pricing has its own logic, and it rewards buyers who understand what actually moves the number:

The title situation. A lot with a clean Transfer Certificate of Title commands real money. A lot sold "by tax declaration only" trades at a deep discount for a reason: you are buying a claim, not a registered ownership. The difference is covered in our land buying guide, and if you take away one thing from this article, make it that the discount is usually not worth the risk.

Road access and frontage. A titled interior lot reached through a neighbor's goodwill is worth far less than the same lot with its own frontage. Landlocked parcels without a documented right of way are the classic bargain that is not one.

Zoning and land classification. Residential subdivision land, agricultural land and commercially zoned frontage are three different markets that happen to share the word "lot". Agricultural land can be cheap partly because converting it to residential use is a slow bureaucratic process, and in some cases not possible at all.

Utilities at the line. Power and water at the road can save you hundreds of thousands versus extending them, and that saving is priced in.

Comparing land against built property

Our price per square meter guide tracks what condos cost per sqm city by city, and the contrast is useful: in the same metro where condo space asks six figures per square meter of floor area, land still asks five, and in the provinces the gap widens dramatically. That is the arithmetic behind every "buy land, build later" plan, and it works, provided the build itself is costed honestly. We covered what construction really costs in the building from abroad guide, and how to pay for it in our guide to funding a construction from overseas.

Foreign readers, one structural note: land ownership is constitutionally reserved for Filipinos, so if that is your situation, start with the foreign ownership rules before falling in love with a hillside.

Asking prices are one thing and official values another: the BIR taxes a land sale on the zonal value when it is higher than the price in the deed, as our guide to zonal value vs market value vs assessed value explains.

Interior lots with no road frontage are priced lower for a reason; our guide to the right of way in the Philippines explains what legal access costs and how to check it.

Farm land has its own scale and its own law: our guide to the agricultural land price per hectare sets out what rice land and farm lots list for and the five hectare ceiling that decides whether a sale can be registered.

Using these numbers

Price a specific lot the way an appraiser would: find what comparable lots in the same barangay ask per square meter, adjust for title, access and shape, then run the figure through our price per square meter tool against the local band. If the asking price sits far above the provincial median in the table, the seller should be able to tell you exactly why. Sometimes there is a good answer. Often there is not.

Current inventory is here: lots for sale across the Philippines. These are live listing medians with small samples, not appraisals; verify against a licensed appraiser before transacting on anything substantial.

Dollar and euro figures are approximate conversions at ₱62.5 per US dollar and ₱72.6 per euro (ECB reference rates, 2026-09-08).

Frequently asked questions

How much is land per square meter in the Philippines?

The median across current lot listings on BalayHub is about ₱7,350 (about $118 / €101) per square meter as of July 2026, but the spread is enormous: Metro Manila lots ask a median of ₱105,000 (about $1,680 / €1,450) per sqm, Cavite around ₱15,500 (about $248 / €213), Cebu around ₱5,500 (about $88 / €76), Bohol and Quezon Province under ₱3,000 (about $48 / €41), and pure farmland in Nueva Ecija under ₱200 (about $3.2 / €2.8). Location, title status and road access set the price more than size does.

Why is some land in the Philippines so cheap?

Usually one of three reasons: it is agricultural land that cannot easily be converted to residential use, it is sold by tax declaration only rather than a registered Torrens title, or it lacks road access and utilities. Each of those discounts is real, and each transfers a risk or a cost to the buyer. A cheap lot with a clean title, its own frontage and utilities at the line is rare.

Is buying land and building cheaper than buying a house?

Often yes on paper, since provincial land asks a few thousand pesos per square meter while built floor area costs far more. The catch is costing the build honestly: construction, permits, utility connection and a contingency. Compare lot plus realistic build cost against the local median for finished houses before deciding, sometimes buying finished wins.

Can foreigners buy land in the Philippines?

No, land ownership is constitutionally reserved for Filipino citizens and corporations that are at least 60 percent Filipino-owned, with narrow exceptions such as hereditary succession. Foreigners can own condominium units instead, or hold long-term leases on land.

Browse properties on BalayHub

See all listings →

Read next