Property price per square meter by city in the Philippines
Compare the median sale and rent price per square meter across Philippine cities, in Philippine pesos, based on active BalayHub listings. Click a column to sort.
| Angeles· Pampanga | ₱40,000 | ₱363 |
| Baguio· Benguet | ₱67,647 | ₱894 |
| Cebu· Cebu | ₱102,778 | ₱701 |
| Lapu-Lapu· Cebu | ₱54,558 | ₱688 |
| Makati· Metro Manila | ₱198,119 | ₱947 |
| Mandaluyong· Metro Manila | ₱127,965 | ₱761 |
| Mandaue· Cebu | ₱64,712 | ₱252 |
| Parañaque· Metro Manila | ₱100,000 | ₱388 |
| Pasig· Metro Manila | ₱167,098 | ₱599 |
| Quezon· Metro Manila | ₱100,000 | ₱596 |
| Tagaytay· Cavite | ₱72,464 | ₱741 |
| Taguig· Metro Manila | ₱198,063 | ₱973 |
Figures are the median price per square meter (robust to a few extreme listings), from active listings that state a floor or lot area. Only cities with at least 10 published listings are shown, and for the busiest cities we use listings from the last 2 months so the figure tracks the current market. A dash means not enough priced listings with an area in that city yet. Indicative only, refreshed every 24 hours.
At a glance
Why price per square meter matters
A total listing price tells you very little on its own: a ₱3,000,000 studio and a ₱3,000,000 family home are completely different deals. Price per square meter strips out the size of the unit, so you can line up a condo in Makati against a house and lot in Davao on equal footing. It is the single most useful number when you are deciding where to buy or rent, and whether a specific listing is fairly priced for the space it offers.
Buyers use it to set a realistic budget, to shortlist neighbourhoods, and to negotiate: if a unit is asking far above the local median per square meter without a clear reason — a prime floor, a renovation, an unblockable view — that is a question worth raising before you make an offer. Sellers and agents use the same figure to price competitively.
Metro Manila versus the provinces
The biggest divide in Philippine property is between the National Capital Region and everywhere else. Prime business districts such as Makati, Taguig (BGC) and Pasig (Ortigas) sit at the top of the per-square-meter scale, driven by offices, transport and limited land. Move to Cebu, Cavite, Pampanga or the Visayas and Mindanao and your budget stretches much further for the same floor area. The table above lets you compare any two cities side by side, and each city name links to its live listings.
Sale price versus rent: a quick yield check
Showing sale and rent per square meter together is handy for investors. Divide the annual rent per square meter (the monthly figure times twelve) by the sale price per square meter and you get a rough gross rental yield for that city. It is only a back-of-the- envelope guide — it ignores fees, vacancy and taxes — but it quickly shows which markets lean toward capital appreciation and which toward rental income.
How we calculate it
For every city we take all active listings that state a floor area — or a lot area where the floor area is missing — divide each price by that area, and report the median value, the middle of the range. The median ignores the occasional mispriced listing far better than a simple average, so the numbers stay grounded. Sale and rent are calculated separately, and the figures refresh every 24 hours as listings change.
To keep the table meaningful we only quote a city once it has at least 10 published listings, and for the busiest markets — those with more than 100 active listings — we base the median on listings posted in the last 2 months. That way a large backlog of older prices can't pull a fast-moving city away from where it actually trades today.
Buying or renting from abroad?
If you earn in dollars or euros, the gap between Metro Manila and the provinces is even larger once converted. Turn your budget into a peso figure with the affordability calculator, read our guide to buying from abroad, or jump straight to properties for sale and for rent.
Frequently asked questions
What is a good price per square meter in the Philippines?
It depends entirely on the city and the property type. Prime Metro Manila business districts like Makati and Taguig command the highest figures, while provincial and emerging cities are far more affordable. Use the table above to compare like for like.
Why do you show the median and not the average?
A single mispriced listing — for example a sale price typed into a rental, or a very small stated area — can badly distort a simple average. The median (the middle value) is far more robust, so the figures stay realistic.
How often are these prices updated?
They are recalculated from active BalayHub listings every 24 hours, using only listings that state a floor or lot area. A city is shown once it has at least ten published listings, and for the busiest cities we base the figure on listings from the last two months so it tracks the current market.
Is a lower price per square meter always better?
Not necessarily. A low figure can mean genuine value, but it can also reflect a less central location, an older building, a higher floor count to come, or extra costs the headline price hides. Use price per square meter to shortlist and to spot outliers, then look at the location, title, condition and association dues before deciding.
Does the figure use floor area or lot area?
We use the stated floor area where it is available — the most meaningful basis for condos and houses. When a listing only states a lot area (common for land and some house-and-lot listings) we fall back to that, so land-heavy cities can read lower per square meter than condo-heavy ones.