Makati & Pasay Rental Market Update June 2025: Trends, Tenant Preferences, and Price Shifts

Available units in Makati, BGC, Pasay City as of June 2025 at the end of the article.

Makati Rental Inquiries: Salcedo & Legazpi Villages Lead Demand

Salcedo sleek furnished unit.

This month, we’ve seen a significant surge in rental inquiries within Makati, particularly in the sought-after neighborhoods of Salcedo Village and Legazpi Village. While our inventory continues to serve the outskirts—mainly San Antonio Village and select units in Bel Air Village—the central business districts remain the top choice for prospective tenants.

Tenant Preferences: Resort-Style Amenities, Fast WiFi, and Stylish Interiors

Prospective renters are taking more time to choose their next home, reflecting the abundance of options available in the market. Notably, we’re observing a shift in tenant priorities:

  • Resort-Type Amenities: Many clients now seek properties with resort-style features such as pools, gyms, and landscaped gardens.
Amenities are a must.

  • High-Speed WiFi: With the rise of remote work, reliable internet connectivity is a must-have. Landlords who include fast WiFi are gaining a competitive edge.
Wifi.
  • Aesthetic Furnishings: Stylish, well-designed interiors are among the top three requirements for renters, often outweighing proximity to the workplace.

Nice aesthetics will win more offers.

Interestingly, while location was once the primary concern, renters are now prioritizing their overall well-being and work-life balance.

Shorter Lease Terms and BPO Industry Demand.

We’ve also noticed an increase in proposals for shorter lease terms, reflecting the evolving needs of tenants, especially those in the BPO (Business Process Outsourcing) industry. These professionals often have specific requirements, such as dedicated workspaces and flexible lease options, to support their independent work arrangements.

Pasay City Rentals: Prices Remain Flat Amid Changing Demographics.

In Pasay City, rental prices have remained steady, with landlords holding firm on rates. The departure of POGO (Philippine Offshore Gaming Operators) workers has significantly impacted rental values. Pre-pandemic, a furnished one-bedroom unit could command ₱45,000–₱50,000 per month. Today, prices have dropped by more than half, creating opportunities for renters who now prioritize wellness and personal space.

Iconic Mall in Pasay City.

Market Overview: Local Workers Drive Demand, Budgets Adjust.

Across the 120+ inquiries we’ve received this month, interest in rentals remains robust. However, there’s been a noticeable shift in tenant demographics from international employees to local workers, particularly from the BPO and IT sectors. This transition has led to a decrease in average monthly rental budgets, as local tenants seek value without compromising on comfort and amenities.

In summary:


If you’re a landlord, consider offering flexible lease terms, fast WiFi, and stylish furnishings to attract quality tenants. For renters, now is an excellent time to find value-for-money options in both Makati and Pasay, especially if wellness and work-life balance are your top priorities.

Here is our latest inventory of condominiums for rent in Makati, BGC, and Pasay City as of June 2025.

June 2025 condominiums for Rent in Makati, BGC, Pasay City.



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