The average price (2021) of a condo for sale in Fort Bonifacio, Taguig is about PHP 242, 000 per square meter. |
Known simply as Bonifacio Global City (BGC), Global City, or The Fort, Fort Bonifacio is a former military camp owned by the Philippine government that was privatized in 1995 through the Bases Conversion Development Authority (BCDA). |
The greater Fort Bonifacio area is composed of several real estate projects (BGC being one of them) by different developers—all of which offer plenty of BGC condos for sale. |
There are several other locations that offer plenty of condos for sale within Fort Bonifacio. These include the areas between McKinley Parkway and 26th Street, where condos like The Infinity, South of Market, Pacific Plaza Towers, The Beaufort, Trion Residences, and Seibu Suites are found. |
Why should you invest in a condo for sale in Fort Bonifacio, Metro Manila?
Known simply as Bonifacio Global City (BGC), Global City, or The Fort, Fort Bonifacio is a former military camp owned by the Philippine government that was privatized in 1995 through the Bases Conversion Development Authority (BCDA). Developed by the Bonifacio Land Development Corporation (BLDC), a joint venture by the BCDA, Ayala Land Corporation, and Evergreen Holdings, BGC is now Metro Manila’s third most important business district after Makati and Ortigas Center, and will soon become the home of the Philippine Stock Exchange.
A common misconception about Fort Bonifacio is that it is a single real estate project developed by one company. Although the BLDC is the legal entity in charge of the overall masterplan of BGC itself, the greater Fort Bonifacio area is composed of several real estate projects (BGC being one of them) by different developers—all of which offer plenty of BGC condos for sale. These projects include Forbes Town Center, Uptown Bonifacio, McKinley Hill, and McKinley West by Megaworld Corporation, Veritown Fort by Federal Land, and central BGC itself.
There are plenty of ways to get to BGC.
If you’re coming from the North of Metro Manila, you can ride the MRT or a southbound bus going to Baclaran then alight at MRT Ayala Station. Another option is to take the Premium Point-to-Point (P2P) bus at Trinoma Mall bus terminal and get off at Glorietta 5, then walk to MRT Ayala Section. From here you can ride a jeepney at the jeepney terminal under MRT Ayala Station and take the jeepney going to Market! Market! Or better, take the north exit in MRT Ayala Station and look for the BGC bus terminal. Take the East route via Kalayaan then alight at Market! Market! If you’re coming from Mandaluyong or in the central part of the metro, go to MRT Guadalupe Station. Take the north exit to find the jeepney terminal near Jollibee, and ride a jeep going to AFP Housing or Gate 3 which will drop you at Market Market!
If you’re from the South, ride a northbound bus going to Monumento or Fairview and get off at MRT Ayala Station.From there you can ride at the jeepney terminal or the BGC bus terminal. You can also ride an FX or van from SM City Bicutan to Market!Market! or a jeepney from Sucat to Market!Market! If you’re coming from Alabang, ride a jeep going to FTI then take a BGC Bus Arca South route and alight at Market!Market!
Bonifacio Global City
Considered as the physical core of Fort Bonifacio, BGC is where most of the area’s most renowned landmarks, towers, and leisure centers are found. These include Bonifacio High Street, Serendra, The Fort Strip, Market! Market!, Shangri-La at The Fort, and numerous parks and recreation areas. It is also in this area where the future headquarters of the Philippine Stock Exchange is being built, along with some of Ayala Land’s high-profile residential towers. A condo for sale in BGC can be found in The Suites, West Gallery Place, East Gallery Place, and High Street South Block, among others.
Forbes Town Center
Situated at the western side of The Fort next to the Manila Golf Club, Megaworld’s Forbes Town Center is a 5-hectare township of high-rise condos, a restaurant strip, and retail areas. Close to it is Burgos Circle, whose most famous landmark is The Trees, an art installation by local artist Reynato Paz Contreras.
McKinley Hill and McKinley West
McKinley Hill is the older of these two townships by Megaworld, which boasts more than 30 condo towers, 17 office towers, and a Venetian-themed mall. It is also home to several schools, including the Chinese International School Manila, Enderun Colleges, and the Korean International School Philippines.
McKinley West, on the other hand, is currently being developed, and when completed will boast of an upscale village, office towers for business process outsourcing (BPO) companies, and high-end residential condos.
Veritown Fort
A project by Federal Land, Veritown Fort is situated in the northern part of Fort Bonifacio whose skyline is made more prominent by the Grand Hyatt Manila, a mixed-use tower that will house a Hyatt hotel, high-end condo units, and corporate offices.
Several condo projects in this area are also in the works.
Others Areas
There are several condos for sale in Fort Bonifacio located in other locations within the area that offer plenty of condos for sale, including the areas between McKinley Parkway and 26th Street, where condos like The Infinity, South of Market, Pacific Plaza Towers, The Beaufort, Trion Residences, and Seibu Suites are found. Beyond this area are more high-end condos in BGC, including Arya Residences and Essensa Private Residences.
With plenty of world-class condos for sale in Fort Bonifacio, investing in one surely costs a fortune. At present, a condo for sale in this part of Taguig City costs PhP 242,000 on average which is a 2.11% increase from the previous year. This shows that owning a property in Fort Bonifacio, though pricey, is highly recommended due to the continuous increase of its price throughout the years. Thus, you can resell your property higher than its original price and you get to get the initial capital you initially invested in it.
FAQs:
Are there affordable condos for sale in Fort Bonifacio under PhP 5M?
Yes! You can score cheaper condos for sale in Fort Bonifacio for only PhP 2,100,000 to PhP 5,000,000. Most of these are studio to two-bedroom units with a floor area ranging from 21 to 67 square meters. These units are often bare or are foreclosed. If you’re lucky enough, you can even purchase a unit with a parking lot under PhP 5M.
Are there condos for sale in Fort Bonifacio with a balcony?
Yes. There are around 338 condos in the area with a balcony priced at PhP 4,500,000 to PhP 300,000,000.
Are there condos for rent in Fort Bonifacio, Metro Manila?
Yes. There are over 4,400 rental condos in Fort Bonifacio. If you prefer to rent a condo here, it is best to prepare a budget of PhP 14,000 to PhP 2,400,000 a month.