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Booming Modern Makati
Considered the financial center of the Philippines, Makati takes pride in hosting various industries that contribute to the flourishing economic activity of the country. Many local and multinational and local companies, shopping complexes, foreign embassies, and exclusive residential enclaves are situated within its Central Business District. The city is also known as a leading entertainment and leisure hub, making it a fun and interesting place to be after office hours and during weekends or holidays.
The city was previously a part of Rizal province before it became a component town of Metro Manila around the 1970s. Makati has an interesting history that not all locals and visitors are familiar with. In 1937, this was where the first international airport was located. The Nielson Tower, which then served as the control tower and passenger terminal of the Nielson Airport, is transformed as a high-end restaurant today. Its two runways were converted into what is now known as Paseo de Roxas and Ayala Avenue, which is considered the "Wall Street of the Philippines."
A Hip and Trendy Place for Urbanites
Makati offers a great urban experience to every person who works, lives, and visits this bustling locale. Despite being a highly urbanized city, Makati has reserved green spaces and parks including Ayala Triangle Gardens, Jaime C. Velasquez (Salcedo Park), and Legaspi Active Park to name a few.
Yuppies and families are given an urban oasis and an affordable destination where they can stop and take a breath of fresh air while bonding with their loved ones or spending quality time alone. Indeed, many millennials choose a real estate investment that is centrally located and is near modern amenities.
Home in Makati: House for Rent
With its prime location in the metropolis and the abundant opportunities available for locals and expats, Makati remains a favorite home to many urban dwellers. Notable personalities in the country including renowned boxing champion Manny Pacquiao has a property in the city. Given the popularity of Makati as a place of business and entertainment, foreign business people and dignitaries choose to live in a rental house in Makati.
The most preferred choice for expats is homes located in one of Makati's oldest and most exclusive residential enclaves. Forbes Park and Dasmariñas Village are two gated subdivisions wherein the rental can go as high as P500,000 per month or higher. Other villages in Makati that are a favorite include Urdaneta Village, Bel-Air Village, and San Lorenzo Village.
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