Metro Manila, the buzzing metropolitan area of the Philippines, is known for its vibrant culture, bustling city life, and stunning real estate offerings.
For those seeking a taste of the high life, Metro Manila offers an array of ultra-luxury real estate options that cater to even the most discerning buyers.
In this blog post, we’ll deep dive in the world of ultra-luxury real estate in the Philippines – showcasing the most exclusive condominiums, highlighting the premier locations, and providing valuable insights for both investors and potential homeowners.
Difference Between Luxury vs. Ultra-luxury Property
In the realm of high-end living, the terms “luxury” and “ultra-luxury” are frequently used interchangeably.
Nevertheless, there exist nuanced disparities between them that can significantly influence one’s lifestyle and expectations.
Luxury residences epitomize sophistication, comfort, and superior features. These homes offer upscale amenities and a refined living ambiance.
Typically characterized by chic interior designs, premium fixtures, and state-of-the-art appliances, luxury apartments also commonly feature facilities like fitness centers, pools, concierge services, and designated parking spaces.
While they offer a sumptuous living environment, they may not always encompass the utmost exclusivity or distinctive attributes found in ultra-luxury properties.
Ultra-luxury condominiums, on the other hand, take opulence to the next level.
These properties embody exceptional exclusivity, bespoke services, and meticulous attention to detail. Often situated in iconic structures or prime locales, ultra-luxury condos showcase panoramic views and extraordinary architectural designs.
Crafted with meticulous precision, they integrate rare and exquisite materials, surpassing standard amenities to include bespoke features such as:
- private elevators
- dedicated butler services
- housekeeping
- wine cellars
- home automation systems
- private theaters
- spa facilities
- rooftop/ sky gardens
and many more..
The emphasis lies in delivering bespoke living experiences tailored to the individual preferences and discerning demands of the residents.
Metro Manila’s Premier Locations for Ultra-Luxury Real Estate
As one of Asia’s fastest-growing metropolitan areas, Metro Manila offers a diverse range of neighborhoods, each with its own unique character and appeal.
From the vibrant energy of central business districts to the serene waterfront views, the city presents an array of options for those in pursuit of ultra-luxury living.
Makati City
Makati City is undoubtedly the crown jewel of Metro Manila’s ultra-luxury real estate market. Known as the country’s financial center, Makati is home to upscale residential developments, high-end shopping malls, and prestigious business addresses.
Properties like Rockwell Center, Bel-air Village, and Forbes Park are synonymous with luxury living. These areas boast a mix of modern condominium towers, sprawling villas, and beautifully landscaped communities that offer the perfect balance of exclusivity, convenience, and luxury.
Bonifacio Global City (BGC)
Bonifacio Global City, commonly referred to as BGC, has transformed from former military grounds into a bustling cosmopolitan hub. This vibrant district is known for its modern high-rise condominiums, luxury retail and dining destinations, and a world-class business environment.
Pacific Plaza, The Suites at One Bonifacio High-street, and Horizon Homes are some prime examples of ultra-luxury residential developments that redefine urban living in BGC.
Quezon City
Quezon City, the largest city in Metro Manila, offers a mix of residential, commercial, and entertainment developments. With its wide tree-lined streets, premier educational institutions, and proximity to luxury shopping malls, Quezon City provides a serene and upscale living environment for those seeking ultra-luxury properties.
This bustling city is home to upscale communities such as Ayala Heights, La Vista, and Corinthian Gardens, where spacious mansions and custom-designed villas dominate the landscape.
Parañaque
Parañaque, on the other hand, is a vibrant city known for its premier entertainment and business districts. It offers a strategic and desirable location with close proximity to Ninoy Aquino International Airport (NAIA). The city boasts upscale shopping centers, entertainment complexes, and a thriving residential scene. With easy access to major roads and highways, Parañaque provides convenient connectivity to other parts of Metro Manila and nearby provinces
The city has upcoming ultra-luxury residential developments to provide residents with the perfect combination of convenience, prestige, and recreation. With a prime location and modern amenities, Parañaque City is an emerging destination for those seeking urban luxury living in Metro Manila.
Top Ultra-Luxury Real Estate Condominium Developers
The city’s top condominium developers have been at the forefront of creating exclusive residential spaces that cater to the most discerning buyers.
With a proven track record of the best location, premier quality and topnotch service, let’s explore some of the most admired ultra-luxury real estate developers in Metro Manila.
Rockwell Land
Rockwell Land Corporation is a renowned developer in the Philippines known for its upscale and innovative real estate projects. Established in 1995, Rockwell Land has consistently created iconic developments that redefine luxury and urban living. The company’s reputation stems from its commitment to delivering meticulously designed properties that embrace sustainability, premium amenities, and impeccable craftsmanship. With a dedication to excellence and attention to detail, Rockwell Land has become synonymous with exclusivity and sophistication in the real estate industry.
A number of their outstanding completed luxury projects include Edades Towers and Villas, The Manansala, The Proscenium at Rockwell, all of which exemplify Rockwell Land’s core values of quality, innovation, and creating communities that enhance the overall quality of life.
As of 2024, the turnover of Rockwell Land’s ultra-luxury residential tower, Balmori Suites, is underway, while the pre-selling of their latest and second most expensive project to date in Rockwell Center Makati, Edades West, is in full swing.
Shang Properties
Founded in 1987, the company is owned by the Kuok Group, a well-respected multinational Asian conglomerate with a focus on property development, hospitality, and agribusiness. Shang Properties has established an impeccable reputation for delivering luxurious and sophisticated residential and commercial properties in prime locations. The company’s core values revolve around excellence, innovation, integrity, and customer satisfaction.
Some of Shang Properties’ notable completed luxury projects include One Shangri-La Place, The Shang Grand Tower, St. Francis Shangri-La Place, and Horizon Homes at Shangri-La at the Fort. The latter is deemed to be the most expensive condo (per sqm) as of 2024, undeniably seeing Shang Properties raise the bar for ultra-luxury living in Metro Manila.
Following the success of Horizon Homes, Shang Properties’ is in high-gear with yet another ultra-luxury residential tower, Aurelia Residences, with expected turnover starting 2024/25.
Ayala Land Premier
Ayala Land Premier, a subsidiary of Ayala Land founded in 1988, is known for its prestigious real estate projects and communities throughout Metro Manila. Over the decades, the company has built a sterling reputation for crafting timeless living spaces, through its exceptional locations, meticulous attention to detail, and modern design architecture. Ayala Land Premier is committed to upholding the values of innovation, sustainability, and integrity in all its developments, consistently delivering projects that redefine luxury living
Notable completed luxury projects by Ayala Land Premier in Metro Manila include Roxas Triangle, The Suites at One Bonifacio High Street, East Gallery Place, and Park Terraces, showcasing the company’s unwavering dedication to creating sophisticated and distinguished residences.
As of 2024, construction is in motion for Ayala Land Premier’s most ambitious project to date, Park Central Towers, with unit turnover to be looked forward to by 2025/26 for the first tower.
Factors to Consider When Investing in Ultra-Luxury Real Estate
The luxury real estate market in the Philippines is fast-growing. According to one article, the Philippines’ capitalManila led the world in luxury home price growth in 2023.
This shouldn’t come as a surprise as there’s much more room for growth for a developing country with a population of around 115 million, that has a growing middle class fueling consumer spending.
Seeing a boost in the economy, those in the high-income bracket are gaining more confidence when it comes to diversifying their investments. However, with the price tag of ultra-luxury real estate, it’s important to understand what one must look out for that allows them to maximize gains and resources.
- Location. When investing in ultra-luxury real estate, location is of utmost importance. Properties situated in prime locations such as Makati City and BGC tend to have higher appreciation rates and are more resilient to market fluctuations. Additionally, these areas offer access to luxurious amenities, top-notch educational institutions, and a vibrant social scene.
- Quality and Design. Ultra-luxury properties are characterized by their superior construction quality, attention to detail, and state-of-the-art design. Investing in a well-designed and well-built property ensures that its value will remain intact over time. Consider properties from reputable developers known for producing top-tier developments.
- Amenities and Services. Ultra-luxury real estate is synonymous with world-class amenities and personalized services. Look for properties that offer a wide range of amenities such as pools, gyms, spas, and concierge services. These amenities enhance the overall living experience and provide a sense of exclusivity and convenience.
- Security and Privacy. The ultra-luxury segment places a strong emphasis on security and privacy. Gated communities, 24/7 security personnel, and cutting-edge technology ensure the safety and privacy of residents. When investing in ultra-luxury real estate, these factors should be carefully considered to ensure peace of mind.
8 “Ultra-Luxury” Condos Transforming Metro Manila [2024]
The influx of foreign investors, the growing affluence of the middle class, and the rise of urbanization have prompted developers to create ultra-luxury condominium projects that cater to the most discerning buyers in Metro Manila.
From turnkey homes to pre-selling developments, find out which ultra-luxury condominiums boast world-class amenities, state-of-the-art technology, exclusive and breathtaking designs, and coveted locations that can give you a taste of what it’s like living the high life.
#1 — Horizon Homes at Shangri-La at the Fort
Horizon Homes is a collection of 98 ultra-luxury dwellings located at the topmost floors of Shangri-La at the Fort, a five-star hotel and mixed-use building in Bonifacio Global City (BGC). Horizon Homes offers expansive living spaces, from 2- to 4-bedrooms, with sizes ranging from 250 to 736 square meters.
Serviced and managed exclusively by Shangri-La, residents may avail of and are provided with round the clock concierge and security, and the hotel’s culinary and housekeeping services. Horizon Homes has its exclusive lobby, facilities and amenities separate from the hotel which include a pool, function rooms, gym, children’s play area and outdoor barbecue area.
Horizon Homes at Shangri-La at the Fort represents the pinnacle of ultra-luxury real estate in Metro Manila. The first residents began moving in as of 2017, and since then the property values have appreciated greatly, with prices for a being offered at record-breaking price starting at around ~PHP 190 million for a 2-bedroom 250-square meters residence and around ~PHP 280 million for a 3-bedroom at 316-square meters residence.
#2 — The Suites at One Bonifacio High Street
The Suites at One Bonifacio High Street is a highly-revered residential development comprising 298 suites, located in the heart of the prime commercial hub Bonifacio Global City (BGC) in Taguig. With 2-,3-, and 4-bedroom configurations, many with three-sided views and double-height balconies, the project represents the top of the luxury real estate market in Manila.
One of the notable highlights for residents of The Suites is the privilege of access to One Bonifacio High Street, an upscale retail and dining destination along 5th Ave. The residence also has exclusive amenities such as outdoor and indoor swimming pools, fitness center, function rooms, sky lounge, concierge, and 24/7 security.
Units started turnover in 2020, with much anticipation tipped off by its neighboring ultra-luxe residence, Horizon Homes. Currently, price range for resale units starts at around ~PHP 60 million for 2-bedroom, ~PHP 120 million for 3-bedroom and ~PHP 165 million for 4-bedroom.
#3 — Balmori Suites
Balmori Suites is the latest crown jewel of Rockwell Land, located in the heart of Rockwell Center Makati. Featuring only 60 units of 2- and 3-bedroom residences, every corner is thoughtfully curated for the most discerning tastes, showcasing sophisticated design and premium finishes.
The amenities offered in this ultra-luxe project is nothing less than Rockwell’s finest: exclusive ambiance, private drop-off area, and hotel-like finishes and concierge services.
The pre-sales of Balmori Suites have sold out, with turnover currently underway as of 2024. Price range for resale units starts at around ~PHP 90 million for 2-bedroom, and ~PHP 155 million for 3-bedroom.
#4 — Park Central Towers
Park Central Towers is a prestigious, one-of-a-kind residential project located in Makati, Metro Manila. Developed by Ayala Land Premier, it consists of two ‘all-glass’ towers with 281 units in South Tower and 259 units in North Tower, with a low density of 4-6 units per floor. The property offers a range of luxurious 2- to 4-bedroom residences, showcasing sophisticated design and premium finishes.
The development features top-notch facilities, including a fitness center, swimming pool, indoor and outdoor lounges, and play area. Additionally, it boasts a prime location in the heart of Makati, ensuring easy access to key business districts, premier shopping centers, and renowned dining establishments.
The completion for Park Central Towers’ South Tower is slated for 2024, while the North Tower is expected to be completed in the fourth quarter of 2025. Prices for units at Park Central Towers start at around ~PHP 65 million for a 2-bedroom Glass Suite, and ~PHP 150 million for a 3-bedroom Skyview Villa.
#5 — Aurelia Residences
Aurelia Residences is a limited collection of 285 bespoke elegant homes located in BGC. A joint venture development by Shang Properties and Robinsons Land,
a typical floor in Aurelia will have six units of various 3-bedroom configurations, divided among three wings that offer the utmost privacy and beautifully laid-out spaces.
Sheltered from the hustle and bustle of city living, this development stays true to the Shang brand promise to deliver a wide range of sophisticated facilities and amenities such as a fully-equipped gym, adult and children’s pool with lounge areas, function rooms, play areas, jacuzzi and sauna room, game room, and many more.
The target delivery date for Aurelia Residences is approximately end of 2024. At the time of publishing, pre-selling prices for currently available units start at around ~PHP 117 million for a 3-bedroom Deluxe, ~PHP 162 million for a 3-bedroom Premier and ~PHP 197 million for a 3-bedroom Signature.
🔗 READ: Aurelia Residences—Brings The Art Of Elegance In Metro Manila, Philippines
#6 — The Estate Makati
The Estate Makati is a highly-coveted ultra-luxury real estate development located in Metro Manila’s prime business district, limited to only 188 residences. Designed by award-winning architectural firm Foster + Partners, this cruciform structure with first-of-its-kind features, and featuring 2- and 3- bedrooms is poised to become the crown jewel of Ayala Avenue.
The property is designed with exclusive high-end amenities including a sky garden, swimming pool, gym with private treatment rooms, atrium lounge and wine tasting room, while the surrounding areas offer numerous points of interest and the best of city-based leisure, attractions, shopping and dining.
With turnover pushed back and may be expected sometime this year or early 2025, potential investors can still take advantage of preselling terms for 2-bedroom units with prices starting at around ~PHP 86 million for 2-bedrooms and ~PHP 113 million for 3-bedrooms.
#7 — Eluria
Eluria by Arthaland and ARCH Capital reimagines sustainable ultra-luxury living. Located within Makati’s financial district Legazpi Village, this low-density development integrates environmentally conscious features for its 37 limited-edition residences. The property offers 3-bedrooms at 290 square meters on average and 5-bedrooms at 580 square meters crafted with timeless designs.
To set the bar high, Eluria promises to offer white glove services by their well-trained professionals from a European institution, ensuring a bespoke lifestyle for the discerning few.
The target turnover date for Eluria is estimated in 2025. With only a few residences for the taking, unit prices are set to start at around ~PHP 150 million.
#8 — Banyan Tree Residences Manila Bay
Banyan Tree Residences Manila Bay is the first ultra-luxury masterpiece of the globally acclaimed luxury hospitality brand, Banyan Tree, in Metro Manila. Featuring 188 residences within three residential towers ranging from 2-,3-, Prime and Penthouse units with mesmerizing sunset views to verdant gardens, every detail is crafted to experience the essence of fine living.
One of the project highlights is its close proximity to leisure and entertainment hubs, academic institutions, hospitals, and international airports. Meanwhile, its world-class amenities include a 24-hour concierge, lifestyle dining options, a rooftop garden, infinity pools, water features, a state-of-the-art fitness centre, and the Philippines’ first-ever Banyan Tree Spa and Gallery.
Banyan Tree Residences Manila Bay is slated to open in 2025, with the Singapore-based hospitality group planning to develop further projects in the country. Preselling prices start at around Php ~92 million for 2-bedrooms, ~PHP 140 million for 3-bedrooms and ~PHP 340 million for Prime units.
Takeaway
Metro Manila ultra luxury real estate market continues to thrive, offering a diverse range of opulent properties in prime locations.
Whether you are an investor looking for a promising asset or a homeowner in search of the epitome of luxury living, Metro Manila has something to offer.
From prestigious developments in the financial districts of Makati City and BGC to exclusive properties in Pasay that boast expansive ocean views, the choices are plenty and unparalleled.
By considering prime locations, quality and design, amenities and services, as well as security and privacy, you can make an informed decision about investing in the ultra-luxury real estate market in Metro Manila, Philippines.
For more information about on-site property showings, unit availability and terms, please contact: info@luxuryestateph.com | (+63) 917 652 3939 to get in touch with one of our luxury estate specialists.
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