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Metro Manila is huge in terms of population and size, to many people’s surprise, Manila just make up a small part of this metropolitan area. With a rapidly growing economy, foreigners and especially Chinese investors are pouring in to buy properties.
You’ll be able to find most of the multinational and a number of local real estate agencies, who are ready to cater both locals and foreigners. It’s not rare that people buy a multiple amount of properties (referred to as bulk purchases), to compensate for lower rental yields.
In this article I list some of the top real estate agencies you can find in Metro Manila.
The real estate agencies are listed in a random order.
1. KMC MAG Group (KMC Savills, Inc.)
KMC MAG Group is one of the biggest real estate agencies in the Philippines, it’s not strange to understand why as it’s an associate of Savills. Gregory Kittelson founded the company in 2009 and has been on the ground for more than a decade.
Michael McCullough acts as Managing Director and has years of experience in the real estate industry. He serves a number of multinational companies, for example Huawei and EBay.
The company currently has around 100 employees and has won many awards since its inception. Two of the awards include:
a. 5-Star Best Real Estate Website in the Philippines – The 2014 International Property Awards
b. 5-Star Best Real Estate Agency for Marketing in the Philippines – The 2016-2017 International Property Awards
The company manages both commercial and residential properties, some examples include:
You can find a number of services offered, for example:
- Consulting and research
- Asset management
- Residential services
- Serviced offices
11th Floor, Sun Life Centre, 5th Avenue corner Rizal Drive, Bonifacio Global City 1634, Philippines
2. Colliers International Philippines
With over 15,000 professionals working in almost 400 offices globally, Colliers is one of the biggest real estate agencies in the world. The company was previously called Macaulay Nicolls Maitland and decided to merge with, at that time, the Australia operated Colliers.
The company was founded by David A. Young who currently serves as COO, he has decades of experience from real estate in different countries. Richard Raymundo currently heads the company and in charge of a number of multinational clients like the United Nations, Mitsui bank and more.
Some notable awards won by the company include:
a. Best Overall Advisor & Consultant Award in Philippines – Euromoney 2016
b. Highly Commended Property Consultancy Award – International Property Awards Asia Pacific 2012-2013 – Philippines
c. Best Overall Advisor & Consultant Award in Philippines – Euromoney 2014
The company manages both commercial and residential properties like condos, villas, apartments, retail property, land and more.
You can get help with a number of services like sales, leasing, project management, valuation and consulting.
Colliers International | Manila, 11F Frabelle Business Center, 111 Rada Street Legaspi Village, Makati City 1229 Philippines
3. Santos Knight Frank
Santos Knight Frank was established when Rick Santos, the founder of the first CBRE office in 1994, decided to merge with Knight Frank. Both CBRE and Knight Frank are two heavy players in the real estate industry worldwide with thousands of professionals.
At the moment I’m writing this article, Knight Frank has around 1200 employees that help foreigners and locals to buy properties all over the Philippines.
You can manage to find residential and commercial properties like condos, villas, hotels, apartments, office space, land and more.
The company offers a wide range of services, for example facilities management, tenant representation, project management, property management and others.
10F Ayala Tower One Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City, 1226, Philippines
4. JLL Philippines
JLL is one of the oldest and most reputable real estate agents in the world. Founded in 1783, the company currently has almost 80,000 employees in over 80 countries and has been present in Asia since the past five decades. The current managing director is Christophe Vicic and he’s been with JLL for more than ten years.
Being one of the largest operating agents in Manila, it’s not strange that the company has earned awards like:
a. International Property Consultancy of the Year for Excellence in Retail 2011 – Asia Retail Congress
b. The Asia Pacific Property Awards 2011 in association with Bloomberg Television
The company mainly manages leasing of residential and commercial properties.
You can find a number of services offered by JLL, some examples are:
- Tenant representation
- Valuation and advisory
- Sales and acquisitions
Equitable Bank Tower, 8751 Paseo de Roxas, Makati, 1200 Metro Manila, Philippines
5. RE/MAX Philippines
RE/MAX is one of the biggest franchised real estate network, originally founded in Colorado in 1973. At the moment I’m writing this article, the company has more than 110,000 professionals working in over 100 countries worldwide.
The first office opened in 2012 in the Philippines, they have managed to expand to 20 serving different cities. The current president of RE/MAX Philippines is Elizabeth Duenas who has a long experience in the industry and has won many property awards.
The company mainly manages residential properties, like apartments, condos, houses, land and more.
You can get help to sell, buy or lease property.
25/F Citibank Tower, 8741 Paseo de Roxas St. Makati City, Philippines
6. Sotheby’s International Realty Philippines
Sotheby’s International Realty, sometimes referred to as SIR, started as an auction house in the US hundreds of years ago. They only deal with luxury properties and has over 13,000 people working in different countries. The first office was started in 2013 in the Philippines, the current COO is Darius Tenerife who has a long experience in the real estate industry.
Luxury real estate like penthouses, condos, apartments and houses.
The company can help you to buy luxury real estate in Metro Manila.
Unit 802, EcoTower, 32nd Street corner 9th Avenue, BGC, Taguig, 1634 Metro Manila, Philippines
7. Marsh Real Estate Agency
Marsh Real Estate Agency is managed by Rossanna (Anna) Marie Nisperos (Owner and CEO) and Douglas J. Marsh (COO and Managing Director). They founded the company in 2007 and sell properties in Metro Manila.
Rossanna and Douglas help clients to buy or lease commercial and residential properties like apartments, condos, office space and villas.
You can get help with many services, for example:
- Sales and leasing
- Property management
- Market analysis
Unit # 102 Granada Bldg, Vista De Lago Villas, Taguig City, Philippines 1637
8. Top Realty
Top Realty is one of the leading real estate agencies in Manila and has grown quickly over the years. Bien Singson founded the company and she still acts as the company’s President. Despite her young age, Bien has a decade of experience and has won several awards over the years, for example:
a. The Invictus Award, for 2014, 2015, and 2016
b. 2011 Supremus Silver Awardee
The company currently has around 15-20 employees and look to recruit new people.
The company manages residential and commercial properties like condos, villas, land and office space.
UNIT M6, MANCOR CORPORATE CENTER, 32ND STREET, BONIFACIO GLOBAL CITY, TAGUIG, 1634 METRO MANILA
9. Phil. Property Expert
Phil. Property Expert, Inc. was founded by Joanne Almaden and was initially a listing site, before getting incorporated in 2015. The company has 5-10 professionals and serves both locals and foreigners who wish to buy property in Manila.
The company has won a number of awards, in 2016, it was voted as the “Most Trusted Brand by Consumers” by the National Consumers Affairs Foundation.
The company manages residential and commercial properties in Manila. Some examples are condos, apartments, villas and land.
You can get help with a number of services like, sales, leasing, title searches, loan applications, property management and others.
10-01 One Global Place, 5th Ave cor 25th St., Bonifacio Global City, Taguig City, Metro Manila
How high are the agent commissions in Manila?
Agents and brokers charge you different as the latter one is usually more experienced. With a broker, you normally pay 3-6% depending on the property value, while agents take 2-3%.
Where should I buy property in Manila?
Metro Manila is big, both in terms of population and land area. Manila makes up just a very small part of what’s called “Metro Manila”, in fact, it consists of different large districts and even cities.
Some of the most interesting areas are:
- Quezon City
Makati is the financial district and where most commercial activity is going on. You’ll see that many of the real estate agents listed above have their offices in Makati. Still, property is surprisingly cheap in this area, I’ve spoken to foreigners who bought a multiple number of properties, to compensate for the lower rental yields you experience in Manila.
Taguig is famous for having great growth potentials, it’s grown from being a fishing village to becoming a popular area with many condos, high rise buildings and corporations.
Quezon City is a different city but part of Metro Manila. Although it’s less developed than Makati, many investors and analysts say that Quezon has great growth potentials and will have a business district similar to that of Makati. Property is significantly cheaper on average compared to Makati as well.
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