Jun 26, 2026 · by BalayHub Admin · 4 min read
How Much Is Property Per Square Meter in Manila? (2026)
Metro Manila condo prices per square meter in 2026, district by district: BGC and Makati near ₱200,000, Pasig and Manila in the middle, Quezon City and the fringes lower. With live figures from our tools.
How much is property per square meter in Manila? (2026)
If you are pricing a condo in Manila, the number that cuts through everything is the price per square meter. It lets you compare a compact studio in Makati against a roomy two-bedroom in Quezon City on the same scale, and it is the fastest way to tell whether an asking price is fair or hopeful.
So what does a square meter actually cost across Metro Manila in 2026? The honest answer is that "Manila" is not one market. It is a dozen of them, and the gap between the top and the bottom is enormous. Here is where things stand, drawn from active listings, with the live figures always a click away in our price per square meter tool.
Metro Manila price per square meter, by district (2026)
These are median sale prices per square meter from current BalayHub listings. Treat them as a map of the spread rather than a fixed quote, since the figure moves with the building, the floor and the unit.
| District | Sale price per sqm | Where it sits |
|---|---|---|
| BGC / Taguig | around ₱200,000-₱210,000 | The top of the market. |
| Makati (CBD) | around ₱200,000 | Prime, neck and neck with BGC. |
| Pasig / Ortigas | around ₱165,000-₱170,000 | The value CBD. |
| Mandaluyong | around ₱130,000-₱135,000 | Ortigas-adjacent, cheaper. |
| City of Manila | around ₱130,000 | The historic core. |
| Las Piñas | around ₱105,000 | Southern, lower. |
| Quezon City | around ₱100,000 | Huge, varied, mid-priced. |
| Parañaque | around ₱90,000 | South, value end. |
| Caloocan | around ₱64,000 | The budget entry. |
Read the table top to bottom and the story is clear: a square meter in BGC or Makati costs roughly three times what the same square meter costs in Caloocan or Parañaque, and about twice what it costs in Quezon City. That is the single most important fact about buying in Manila.
For the always-current version of this table, and to add rent per square meter alongside it, open the price per square meter tool and switch between cities. If you care about where prices are heading rather than where they are today, our quarterly price index tracks the movement.
What drives the spread
Three things explain most of the gap.
Location and prestige. BGC and Makati command a premium for their address, their walkability, and the offices, malls and restaurants on the doorstep. You are paying for the postcode as much as the concrete.
Newness and the building. A brand-new luxury tower with resort amenities reads far higher per square meter than an older mid-rise a few streets away. Amenities, brand and finishes all sit inside that number.
Rent versus price. A high price per square meter does not always mean a high rent per square meter. Pasig, for example, has notably lower rent per square meter than Makati despite solid sale prices, which is exactly why it reads as the value play. You can see both figures side by side in the tool.
How to actually use the number
Price per square meter is a shortlisting tool, not a verdict. Here is the practical way to lean on it:
- Set your district band. Decide which row of the table fits your budget, then look only there.
- Sanity-check every listing against its band. Take the asking price, divide by the floor area, and compare it to the district figure. A unit reading well above its band needs a reason; one reading well below deserves a second look for what the catch might be.
- Then judge the specifics. Floor, view, building age, association dues and how easily the unit will resell or rent all matter once the per-sqm is in range.
Our deeper guide to average prices per square meter across the Philippines puts Manila in national context, and if you are weighing where in the capital to buy, the Metro Manila condo guide breaks the districts down further.
So, what should you expect to pay?
For a typical Metro Manila condo in 2026, budget roughly ₱100,000 to ₱210,000 per square meter depending on the district, with the prime cores at the top and the southern and northern fringes at the bottom. On a 30 square meter studio, that is a spread from about ₱3 million in a budget district to ₱6 million or more in BGC for the same floor area.
When you are ready to put the number to work, run your shortlisted units through the price per square meter tool, check the trend on the price index, and browse the live condos for sale or research specific towers in the building directory. This is market research, not a valuation; confirm any specific unit with a licensed professional before you transact.
Photo credits
Images via Wikimedia Commons, resized for this page:
- Manila skyline (cover): photo by Richmond Chi, CC BY-SA 4.0.
- Old downtown Manila (inline): photo by Patrick Roque, CC BY-SA 3.0.
Frequently asked questions
How much is property per square meter in Manila?
It depends heavily on the district. In 2026, expect roughly ₱100,000 to ₱210,000 per square meter across Metro Manila: BGC and Makati at the top near ₱200,000, Pasig and the City of Manila in the ₱130,000 to ₱170,000 range, Quezon City around ₱100,000, and the southern and northern fringes lower. Check live medians on our price per square meter tool.
Which Metro Manila district is the most expensive per square meter?
BGC in Taguig and the Makati CBD, which trade neck and neck around ₱200,000 per square meter or a little above. You are paying for the address, the walkability and the newest towers.
Where is the cheapest price per square meter in Metro Manila?
The northern and southern fringes: Caloocan is the budget entry around ₱64,000 per square meter, with Parañaque and the more affordable pockets of Quezon City also well below the prime cores.
How do I check the current price per square meter?
Use our price per square meter tool, which shows the live median sale and rent figures city by city from active listings, and the quarterly price index for which way prices are trending. Divide any listing's price by its floor area and compare it to the district figure to spot a fair deal.
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