Forbes Park, Makati is the pioneer of gated communities in the Philippines. According to the book, Fortress America: Gated Communities in the United States written by Blakely, EJ / Snyder, MG. (1999), gated communities are residential areas with restricted access in which public spaces are normally privatized.
Forbes Park, Makati was named after William Cameron Forbes—the American Governor-General of the Philippines from 1909 to 1913, who brought polo to the country. It was in 1948 when the Ayala family broke ground in Makati.
Some notable personalities living a fabulous life in Forbes Park are the likes of former actress and socialite Gretchen Barretto with businessman Tony Boy Cojuangco, interior designer/columnist Tessa Prieto-Valdes and Ben Chan of Bench clothing empire.
A popular wedding venue along the McKinley Road in Forbes Park, Makati City, this 1950s church has a simple cream and white frontage and a gold-inlaid altarpiece. It has become a favored venue for Catholic weddings, especially of couples belonging to some of the country’s most affluent families.
Manila Golf and Country Club is located at Harvard Road and has an area of 44 hectares. Manila Golf Club is the oldest golf course in the country established in 1901. By October 1959, came the merger of the Country Club Development, Inc. and the Manila Golf Club, Inc. and became the present day Manila Golf and Country Club.
Aside from the golf course, other amenities are being offered such as restaurants, a sauna, massage rooms, roof deck, piano bar and even hotel accommodations for members and their guests to stay at.
Another iconic institution nestled in the area is the Manila Polo Club. Established in 1909, this premier club offers a variety of sports and recreational facilities to its members like aquatics, archery, badminton, equestrian, polo fit, golf driving range, polo, softball, squash and tennis.
Almost 5 kilometers away from the exclusive village of Forbes Park via McKinley Road, is this new business district known to many as BGC or Bonifacio Global City in Taguig. Home to BPO industries like TaskUs Ph, and Teleperformance and commercial hubs like BGC High Street and SM Aura Premier.
If you are looking for a place to hangout there are open spaces for al fresco dining here at Forbes Town Center. Located at Forbestown Road in Taguig, this place is highly recommended for food lovers out there. A wide range of restaurants, bars and coffee shops around like Tap Station Forbes Town, SaladStop!, Café Alegria, Tipsy Pig, Starbucks, UCC Café Terrace and The Coffee Bean & Tea Leaf you can choose from.
Acquiring a house for sale in Forbes Park, Makati is a privilege to those who can afford. If you dream to live in a house in an exclusive village with lush landscaping, usually featuring two kitchens, his-and-her wardrobes, with outdoor pool and half basketball courts, then you are in the right place.
There are a number of good roads surrounding the village. Take McKinley Road that separates North and South Forbes and is bordered slightly by EDSA to the northwest, and it will connect you to Makati CBD and BGC. You can also see either the Skyway or South Luzon Expressway near the area that offers a streamlined route going to the south of the capital all the way through the provinces of Cavite, Laguna, Batangas, Rizal, and Quezon (CLABARZON).
Based on the Property Market Research Report made by Leechiu Property Consultants, historical prices in upscale villages and subdivisions in the country from 1972 until 2017, Forbes Park ranks second with the highest land valuation in the country. See table below:
Subdivision | 1972 Price per sqm | 1982 Price per sqm | 1992 Price per sqm | 2002 Price per sqm | 2012 Price per sqm | 2017 Price per sqm |
Forbes Park (Makati) | ₱228 | ₱1,750 | ₱10,500 | ₱57,500 | ₱130,000 | ₱280,000 |
As of December 2021, the BIR has adjusted the zonal values of land in Makati particularly in Forbes Park, rising to P338,000 per square meter (sq.m.).
A residential house is considered a luxury home when located in one of the most expensive and exclusive villages in our country like Forbes Park. The houses for sale in Forbes Park is a remarkable investment due to its key location and surrounded by different cities like Taguig, Pateros and Mandaluyong.
Living in a village is an advantage to people, especially to someone who is daily commuting to their workplace or to school because the destination is just a few minutes away from home.
Bounded by the surrounding barangays of Pinagkaisahan and Bel-Air in the north, Taguig / Dasmariñas in the South, Urdaneta in the east. Using public transportation like bus, utility vehicles or train via MRT 3, there are transit routes that pass near Forbes Park North Gate.
Are you coming to visit someone living in Forbes Park? One cannot easily pass through its gates because it is a secure subdivision unless they have permission from a resident.
In total, there are 19 house for sale in Forbes Park, Makati. The average price for a residential property for sale in this location is ₱1,311,752,105 per unit. The most expensive sales price for a residential property here costs about ₱2,340,000,000 while the most affordable sales price is about ₱249,990,000.
You may find the most expensive and luxurious house for sale in Forbes Park, Makati at Forbes Park. While you can find classy yet affordable ones also at the same location.
Below are the average sales prices according to the number of bedrooms in this location.
Bedrooms | Average Floor Area/SQM | Average Sales Price | Average Cost Price/SQM |
---|---|---|---|
7 Bedrooms | 500sqm | ₱870,000,000 | ₱1,740,000sqm |
6 Bedrooms | 1,053sqm | ₱1,066,666,667 | ₱1,013,300sqm |
5 Bedrooms | 944sqm | ₱1,424,025,000 | ₱1,509,169sqm |
4 Bedrooms | 640sqm | ₱1,225,375,000 | ₱1,914,648sqm |
3 Bedrooms | 196sqm | ₱574,995,000 | ₱2,941,151sqm |
Studio Unit | 0sqm | ₱2,340,000,000 | ₱0sqm |
These properties are fully equipped with the following amenities and unit features: