Bank Foreclosed Properties in Makati

The Philippines' financial capital, where banks are selling condos at below-developer prices as the supply correction plays out.

Soolok currently lists 76 bank-foreclosed properties in Makati, with a median price of ₱4.8M, ranging from ₱400K to ₱23.8M. That works out to a median of ₱150,000 per sqm. The most common property type is condominium (53 of 76).

Makati's premium residential market is experiencing its deepest correction in over a decade. Condo vacancy in the BGC and Makati CBD area hit 22% in 2025, driven by a multi-year supply pipeline that landed during the post-pandemic rental slowdown. Banks that financed pre-selling units which buyers defaulted on are now liquidating those assets at recovery pricing - typically 20 to 35% below the original developer contract price. For a market that historically appreciates 5 to 8% annually, that discount represents years of future gains embedded in the acquisition price.

Makati holds the tightest office market in Metro Manila: CBD vacancy was 7.2% in Q1 2025 against a metro-wide average of 19.7%, on 3.1 million sqm of occupied stock (Colliers, Q1 2025). The expat community and BPO workforce drive reliable rental demand in Legaspi Village, Salcedo Village, and Rockwell. Studio and one-bedroom units in these areas yield 5 to 7% annually when tenanted by corporate lessees. Makati sits at the intersection of LRT-1 and MRT-3, with EDSA and Ayala Avenue putting most of the CBD within a short walk of a station.

Tap Inquire on any listing to connect with our team. We'll verify the title status, advise on outstanding real property taxes, and coordinate a physical inspection of the unit. Makati foreclosures move faster than any other market on this list - properties with clean titles at the right price rarely stay available beyond a few weeks.

Foreclosed Properties in Makati

• Commercial in Makati City — ₱7,530,000
• Condominium in Makati City — ₱3,159,800
• Condominium in Makati City — ₱4,372,000
• Commercial in Makati City — ₱3,628,800
• Condo with Parking in Makati City — ₱14,637,500
• Condominium in Makati City — ₱11,880,000
• Condominium in Makati City — ₱3,307,500
• Condominium in Makati City — ₱10,333,000
• Condominium in Makati City — ₱3,609,000
• Condominium in With 1 Parking Slot No. 27 — ₱5,325,000
• Condominium in Makati City — ₱5,070,943
• Condominium in Makati City — ₱5,083,000
• Condominium in Metropolitan Manila — ₱4,734,100
• Condo with Parking in Metropolitan Manila — ₱7,116,000
• Condominium in Makati City — ₱5,630,000
• Commercial in Makati — ₱6,020,000
• Condominium in Ncr — ₱4,613,800
• Condominium in Metropolitan Manila — ₱5,153,000
• Condominium in Metropolitan Manila — ₱7,278,000
• Condominium in Metropolitan Manila — ₱4,818,000
• Condominium in Makati City — ₱7,071,000
• Parking Slot in Brgy. Valenzuela Makati City — ₱400,000
• Parking Slot in Brgy. Valenzuela Makati City — ₱400,000
• Parking Slot in Brgy. Valenzuela Makati City — ₱400,000
• Parking Slot in Brgy. Valenzuela Makati City — ₱400,000
• Condominium in Makati City — ₱4,027,500
• Parking Slot in Brgy. Valenzuela Makati City — ₱400,000
• Commercial in Makati City — ₱2,983,600
• Commercial in Makati City — ₱5,671,200
• Condominium in Makati City — ₱11,160,000
• Condominium in Makati City — ₱4,867,100
• Commercial in Makati City — ₱7,596,600
• Condominium in Makati City — ₱3,307,500
• Condominium in Makati City — ₱2,160,000
• Condominium in Makati City — ₱7,200,000
• Condominium in Makati City — ₱6,534,000
• Condominium in Makati City — ₱9,720,000
• Condominium in Makati City — ₱5,010,000
• Condominium in Makati City — ₱3,120,000
• Condominium in Makati City — ₱5,842,500
• Condominium in Metropolitan Manila — ₱5,383,000
• Condominium in Makati City — ₱4,021,500
• Condominium in Metropolitan Manila — ₱3,381,000
• Condominium in Metropolitan Manila — ₱3,392,400
• Condominium in Metropolitan Manila — ₱5,068,000
• Condominium in Makati City — ₱5,633,829
• Condominium in Metropolitan Manila — ₱3,875,900
• Condominium in Makati City — ₱23,768,000
• Commercial in Makati City — ₱1,457,400
• Commercial in Makati City — ₱3,923,400
• Commercial in Makati City — ₱3,888,000
• Commercial in Makati City — ₱3,070,200
• Commercial in Makati City — ₱2,812,200
• Condominium in Makati City — ₱4,200,000
• Condominium in Makati City — ₱5,453,300
• Condominium in Barangay Bangkal Makati City — ₱6,577,000
• Condominium in Metropolitan Manila — ₱9,248,000
• Commercial in Makati City — ₱7,592,400
• Condominium in Metropolitan Manila — ₱3,384,600
• Condominium in Makati — ₱4,163,600
• Condominium in Makati City — ₱3,609,000
• Condominium in Metropolitan Manila — ₱3,944,500
• Condominium in Makati City — ₱2,437,500
• Commercial in Makati City — ₱2,715,000
• Commercial in Makati City — ₱5,385,500
• Condominium in Makati City — ₱5,616,800
• Condominium in Makati City — ₱6,392,000
• Condominium in Makati City — ₱4,878,000
• Condominium in Ncr — ₱2,856,000
• Condominium in Makati City — ₱2,959,600
• Commercial in Makati City — ₱3,070,200
• Commercial in Makati City — ₱2,822,400
• Condominium in Makati City — ₱6,927,000
• Condominium in Makati City — ₱4,925,200
• Condominium in Metropolitan Manila — ₱4,816,000
• Condominium in Makati City — ₱4,749,000

How to Buy a Bank Foreclosure in Makati Through Soolok

Buyers deal only with Soolok - no need to visit or contact multiple banks. Submit an offer form for any listing. Soolok processes and submits it to the holding bank. Approval typically takes 2-3 weeks. The buyer then pays a 20-30% cash downpayment. The balance can be financed through the holding bank's in-house loan or any bank of the buyer's choice. Move-in timelines range from 1 month (in-house financing) to 3-4 months (third-party financing). Soolok does not charge buyers any service fees or commissions.

Browse Other Locations

• Foreclosed properties in Metro Manila
• Foreclosed properties in Makati
• Foreclosed properties in Quezon City
• Foreclosed properties in Cebu
• Foreclosed properties in Davao
• Foreclosed properties in Laguna
• Foreclosed properties in Cavite
• Foreclosed properties in Batangas
• Foreclosed properties in Rizal
• Foreclosed properties in Bulacan
• Foreclosed properties in Pampanga
• Foreclosed properties in Quezon Province

Frequently Asked Questions

Are bank foreclosures in Makati sold "As Is, Where Is"?

Yes. Almost all bank foreclosures are sold on an "As Is, Where Is" basis. The buyer accepts the property in its current physical and legal condition. Soolok strongly recommends conducting an ocular inspection before submitting an offer.

What banks sell foreclosed properties in Makati?

Soolok lists verified foreclosures from Security Bank, BPI, Metrobank, UnionBank, and Pag-IBIG Fund, among others. All listings are sourced directly from the holding banks and verified before being published.

Can I use Pag-IBIG to finance a foreclosed property in Makati?

Yes. Soolok is Pag-IBIG accredited. Buyers can use Pag-IBIG Fund savings to finance the balance after paying the 20-30% cash downpayment to the selling bank. Pag-IBIG financing requires at least 24 monthly contributions and the property must meet Pag-IBIG's appraisal requirements.

Does Soolok charge buyers any fees?

No. Soolok does not charge buyers any service fees or commissions. The only costs a buyer pays are government transfer taxes and any loan application fees charged by their chosen bank or financing institution.