Makati is a city full of life and opportunities. As the Philippines’ financial and business capital, it is no wonder that the city is the location of choice for people looking for the most prime pieces of real estate their money could buy them. If it is houses one plans to buy, then the very exclusive gated communities of Forbes Park, Dasmariñas Village, Urdaneta Village, Bel-Air Village, San Lorenzo Village, and Magallanes Village are the places to be.
Makati offers plenty for the would-be condo buyer as well. For example, Rockwell Center—a 15-hectare mixed-use, self-contained development by Lopez-owned Rockwell Land in Brgy. Poblacion—offers some of the most high-end properties one could find in Metro Manila. If budget is an issue, there are available inventories—thousands in fact—scattered across the city’s highly developed and up-and-coming areas, from Century City, Legaspi Village, San Antonio Village, pockets along Chino Roces Avenue (formerly Pasong Tamo), and the up-and-coming Circuit Makati.
But one key Makati location that’s getting a lot of attention of late is Salcedo Village—widely regarded as the other half of the Makati central business district. A prime residential and commercial area, Salcedo Village is bordered by Gil Puyat Avenue to the north, Makati Avenue to the east, Paseo de Roxas to the southeast, and Ayala Avenue to the southwest. Technically speaking, Salcedo Village is under the jurisdiction Brgy. Bel-Air, which also encompasses the Ayala Triangle Gardens (including Ayala Tower One and the Philippine Stock Exchange), parts of Metropolitan Avenue and Malugay Street east of Ayala Avenue Extension, and Bel-Air Village itself.
Living in Salcedo Village
Choosing Salcedo Village as one’s place of residence opens the door to unparalleled convenience. The area is situated near workplaces (most notably the office skyscrapers that line Ayala Avenue, Makati Avenue, and Paseo de Roxas). You need not worry about arriving at work late or even going home in the wee hours of the morning. After office hours, the area shows a totally different side. Salcedo Village plays host to numerous bars, cafés, and restaurants that dot its tree-lined streets, perfect venues for after-office drinks, company events, fancy lunches with clients, and even weekend brunch with family and friends. Some of the most popular restaurants in Salcedo Village include Mendokoro Ramenba, Wild Flour Café, Cartel, Apartment 1B, Toby’s Estate, Terry’s Bistro, XO 46 Bistro, and Relish, among many others. In addition, Jaime Velasquez Park, which is smacked right in the middle of Salcedo Village, plays host to the very popular Salcedo Weekend Market every Saturday.
Best Condos for Rent in Salcedo Village
Salcedo Village offers virtually every possible condo real estate there is, from relatively older ones built in 1990s and early 2000s, to newly built condo developments by some of the country’s well-known developers. Both have their own pros and cons. Most of the older condo properties in the area offer much bigger apartments compared to newer ones. A two-bedroom condo apartment in Two Salcedo Place—a project of Ayala Land—has a floor area of 156 sqm, while a two-bedroom unit in One Central by Megaworld Corp. has an area of 102 sqm. However, newer condos are known for their relatively better and more updated amenities. But whichever a prospective condo-renter prefers, they will surely find it in Salcedo Village.
One Central, Two Central, and Three Central (Megaworld Corp.)
These three projects by Megaworld Corp. are located at the western section of Salcedo Village close to Gil Puyat Avenue. One Central is at the corner of H.V. Dela Costa and Geronimo Streets, and features a butterfly-shaped architecture. It is single-tower, two-wing development (50 and 42 stories) that features Art Deco-inspired details and blue-green glass curtain walls. Two and Three Central, on the other hand, are 42- and 50-story residential towers along Valero Street that share the same two-level podium shopping mall—the first in Salcedo Village. A typical one-bedroom condo apartment in One Central measures 46.5 sqm, and normally commands a monthly rent of Php45,000 (fully furnished), while a 60-sqm, one-bedroom condo apartment in Two Central commands a monthly rent of Php55,000.
One Salcedo Place, Two Salcedo Place, and Three Salcedo Place (Ayala Land)
These three projects developed by Ayala Land are located just across the Jaime Velasquez Park. One Salcedo Place is situated along Velasquez Street, while Two and Three Salcedo Place are along Tordesillas Street. They are among the first condo developments built by Ayala Land, completed in 1997, 1998, and 1999, respectively. A two-bedroom, 156-sqm condo for rent in One Salcedo Place is currently on the market for Php110,000 per month. This unfurnished unit comes with one parking slot and working air-conditioning units. Meanwhile, a three-bedroom, three-bathroom condo for rent in Three Salcedo is available for Php155,000 month. This loft-type unit comes semi-furnished, measures 306 sqm, and comes with two parking slots.
Shang Salcedo Place
A project of Shang Properties, Shang Salcedo Place is situated at the corner of Gil Puyat Avenue and Tordesillas and H.V. dela Costa Streets. This 67-story residential condo tower features a distinctive architecture designed by Hong Kong–based Wong & Tung International Ltd. A typical one-bedroom, one-bathroom condo unit here measures 67 sqm, which normally commands a monthly rent of Php80,000.
Ponte Salcedo is a single-tower condo development along Valero Street developed by Vernida Realty Development Corp. Built in 1996, this condo tower offers two- and three-bedroom apartments, such as a 285-sqm, three-bedroom, four-bathroom condo unit, which is on offer for Php180,000 per month. This property also comes with one parking slot.
Located at the corner of V.A. Rufino and Valero Streets, Easton Place is a single-tower condo tower that offers spacious two- and two-bedroom condo apartments, ideal for families. This development is close to the Makati Sports Club, Jaime Velasquez Park, Ayala Avenue, and the Makati Medical Center. A typical fully furnished three-bedroom condo for rent in Easton Place commands a price of Php130,000 per month.
Salcedo Village Facts