10,000+ Lots & House for Sale Forbes Park, Makati | Carousell Property

House and Lot for Sale in Forbes Park, Makati City

Established in 1949 and named after an American Governor-General of the Philippines, Forbes Park is one of the poshest gated subdivisions in Makati, Metro Manila. This 250-hectare private area is arguably the most exclusive location to buy a house in the Philippines, being equated to Atherton in California. Not only is this community known to be the home of the country’s richest families, business executives, and well-known diplomats, but it is also known for many famous landmarks like the Manila Polo Club, Manila Golf club, Manila Polo Townhouses, and San Antonio Plaza Arcade.

The listings for Forbes Park properties on Carousell include modern mansions and newly renovated houses with more than 4 bedrooms, some complete with a home office, swimming pool, and/or built-in jacuzzi. These can come at a high price tag but there are more affordable options, too. These include foreclosed properties, which are sold at significant discounts below market value. Other property options in Forbes Park include ready-for-demolition houses, perfect for those struggling to find a decent home in such a sought-after location. No matter the type, a house in Forbes Park is a great investment as the value significantly increases over time. It is, after all, an elite private village resting between the Makati CBD and Bonifacio Global City.

Although they generally cost higher than most options in neighboring barangays, house and lot properties in Forbes Park are sensibly priced due to the prime location. The houses have an asking price of approximately Php 490 million to Php 3 billion, depending on the type, size, number of bedrooms, amenities included, and age. Bungalows are listed with a starting price of Php 495 million, while properties with 5 bedrooms or more can be purchased at a minimum of Php 890 million. Properties with additional amenities like swimming pools, on the other hand, can be purchased at a starting price of Php 542 million. Many sellers on Carousell Properties offer negotiable prices, as well as direct communication via Carousell chat or mobile phone for a faster transaction.

Frequently Asked Questions(FAQ’s)

What is the estimated price range of properties in Forbes Park, Makati?

The lowest-priced property in Forbes Park is a pre-owned house and lot with a 1,750sqm lot area priced at Php 490 million. The highest-priced property, on the other hand, is another house and lot with a 5,178sqm lot area priced at nearly Php 3 billion.

Is a house and lot in Forbes Park, Makati a good investment?

Forbes Park is known for offering upscale residential living. With celebrities, CEOs, diplomats, and government officials living here, it’s considered the wealthiest village in the country in terms of residents’ combined net worth. Apart from this location being sought-after for property owners, the value of the properties increase significantly over time, making a house and lot in Forbes Park a good investment.

Should I buy a foreclosed or brand new property in Forbes Park, Makati?

Your choice between buying a foreclosed property and a brand new one depends on your priorities and budget. The biggest advantage to a foreclosed property is that it’s easier to secure a house and lot in Forbes Park due to the lower price than market value. On the other hand, a brand new home may cost more, but maintenance is significantly lower over time.

How many barangays are there in Makati City?

Makati is subdivided into 33 barangays. One of its barangays, Forbes Park, is bound by Dasmariñas, San Lorenzo, and Urdaneta to the west and Bel-air and Pinagkaisahan to the north. Bonifacio Global City covers the east and south.