What Are the Most Expensive Zip Codes in the Philippines

Where Do Wealthy Families Reside in the Philippines?

Everyone wants to be a millionaire, but not all people know how to become one. Millionaires have different ways of acquiring wealth, such as stock investments, businesses, and even day jobs. It may not be an easy feat, but it is definitely achievable with the right mindset. Now, where do you think these millionaires and billionaires live in the Philippines? Let’s find the answer here.

Top Cities for Filipino Millionaires

The hotspots where the wealthiest families live make the most expensive zip codes in the Philippines. While it’s not a total secret from the commoners, these places are not exposed as they are commonly located in exclusive gated communities within prime cities. You may have heard about Greenhills, BGC, and Makati, but let’s identify exactly these private neighborhoods where you can find the richest people in the country.

1. Makati, CBD. As a highly developed city in Metro Manila, Makati Central Business District is home to the most affluent businessmen in the country. The Forbes Park, for example, is a private gated village with extravagant homes owned by ambassadors, diplomats, and even actors.
       
   
2. Cebu City. Named the richest province in the country in 2021, Cebu is another home to lavish properties, such as the ones you see in Mandaue. Value of houses in these exclusive gated subdivisions average to PHP 22-25 million. There’s Green Hills Subdivision, Northtown Homes, El Dorado Subdivision, and St. Martin Village.
       
   
3. Davao City. This highly progressive and urbanized city in the Mindanao region is also becoming a premier Central Business District in the Philippines. Some of the luxurious neighborhoods in the city include the Ladislawa Garden Village and Las Terrazas. With booming business establishments and urbanized infrastructure, Davao is expected to grow even more.
       
   
4. Corinthian Gardens, Quezon City. At the heart of Manila lies the Corinthian Gardens that represents elegant architecture. This is where old-money families live, showcasing prime properties and luxury homes with up to PHP 500 million per house. The exclusive subdivision definitely represents high-society living with families continuing their generational wealth.
       
   
5. Greenhills, San Juan. A house in this gated community can go up to PHP 800 million depending on the unit. The Greenhills West Subdivision is in close proximity to the Greenhills shopping center, Cardinal Santos Medical Center, and other major establishments in San Juan City.
   

Final Thoughts

Building wealth in the Philippines and becoming a millionaire is commonly achieved through investments, businesses, and generational wealth. A positive cash flow gives you financial freedom and the privilege to live in one of the most exclusive neighborhoods in the country. With the luxury property market continuing to grow, more luxury subdivisions in Baguio City are becoming known to the rich and famous. You may visit REALS.PH for an exclusive listings of high-end properties for sale in prime locations nationwide.