Buying real estate in Central Luzon?

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8 stats for the Central Luzon property market in 2025

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Authored by the expert who managed and guided the team behind the Philippines Property Pack

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What do the latest numbers reveal about Central Luzon’s real estate market? Are property prices on the rise, or are they stabilizing? Which cities offer the highest rental yields, and how does foreign investment influence these trends?

We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Central Luzon, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.

Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.

How this content was created 🔎📝

At BambooRoutes, we study the Central Luzon real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers throughout the place. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

When working on this content, we started by gathering insights from these conversations and our own observations. But we didn’t stop there. To make sure our statistics and data are reliable, we also dug into trusted sources like Colliers Philippines, BusinessWorld, and the Inquirer (among many others).

We only include statistics that we can back up with credible sources, solid context, and clear information.

If we can’t find enough supporting data or context, we leave them out. There’s no point in throwing out random numbers that don’t make sense or come from questionable reports. Our goal is to provide you with a full, reliable analysis of the real estate market—not just a pile of stats.

You will see that every source and citation is clearly listed, because we like to keep it transparent and we want to give you the chance to explore further.

We also use a bit of AI, but only during the writing phase. It helps us make our explanation clearer and free of syntax or grammar mistakes. We believe you prefer it this way, right?

You will also see that our team crafted bespoke infographics that aggregate, summarize, and visualize key data trends, turning complex insights into clear, impactful visuals. We hope you will like them! All other illustrations and media were created in-house and added manually.

If you think we could have done anything better, please let us know. You can always send a message. We answer in less than 24 hours.

1) Luxury condominiums in Central Luzon currently average PHP 10 million

In Central Luzon, luxury condos are averaging around PHP 10 million.

In 2023 and 2024, the real estate market in Central Luzon showcased a range of condo prices. For example, a 1-bedroom unit in Angeles City was listed for PHP 3,156,000, while another in Pampanga was priced at PHP 9,804,000. These figures highlight the diversity in pricing, depending on location and amenities.

In Porac, Pampanga, a luxury condo hit the market for PHP 15,500,000. This price reflects the premium amenities and prime locations that define luxury properties in the region. Such high-end features are what drive the prices to the PHP 10 million mark or beyond.

Although the term "luxury condominium" wasn't explicitly defined, the market trends suggest that properties with high-end features and prime locations are considered luxury. This aligns with the observed price range, supporting the notion that PHP 10 million is a reasonable average cost for luxury condos in Central Luzon.

These examples from the market illustrate that luxury condos can command significant prices, often influenced by their amenities and strategic locations. Buyers looking for such properties should be prepared for these price points.

Understanding these dynamics is crucial for potential buyers, as the market continues to evolve with varying prices and offerings. Keeping an eye on these trends can help in making informed decisions.

Sources: FazWaz.ph, Dot Property

2) New residential developments in Central Luzon increased by 15% in 2024

In 2024, the number of new residential developments in Central Luzon grew by 15%.

This boom was largely driven by strategic infrastructure projects like the North-South Commuter Railway and the Bataan-Cavite Interlink Bridge, which are set to enhance connectivity and make the region more appealing for development. These projects are not just about roads and bridges; they are about making Central Luzon a more accessible and attractive place to live and invest.

Investor confidence has been a game-changer, with strong economic performance in areas like Pampanga and Clark/Subic drawing attention from both local and international investors. Cities such as San Fernando are particularly enticing due to their strategic location near major highways and Clark International Airport, making them prime spots for new developments.

Colliers Philippines has highlighted the impact of aggressive landbanking and development initiatives in the region. These efforts, combined with ongoing infrastructure improvements, have created a fertile ground for the real estate market to flourish in Central Luzon.

With these developments, Central Luzon is not just growing; it's transforming into a hub of opportunity. The region's strategic location and improved connectivity are making it a hotspot for investors looking to capitalize on its potential.

As these projects continue to unfold, the landscape of Central Luzon is set to change dramatically, offering new opportunities for those looking to invest in property. The combination of infrastructure, economic growth, and strategic location is a powerful draw for anyone considering buying property in the area.

Sources: Punto, Property Report, Business Inquirer

infographics map property prices Central Luzon

We created this infographic to give you a simple idea of how much it costs to buy property in different parts of the Philippines. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.

3) The average home renovation cost in Central Luzon is now PHP 500,000

In 2025, the average cost of renovating a home in Central Luzon is PHP 500,000.

Looking back at 2023 and 2024, renovation costs in the Philippines varied widely. For minor updates, you might spend between PHP 8,000 and PHP 15,000. On the other hand, major overhauls could skyrocket to PHP 3 million to PHP 5 million for a 100-square meter property. This range shows how much the scope of work can influence your budget.

Regional differences also play a role in these costs. For instance, the price per square meter for residential condominiums and duplexes can differ. This means that the PHP 500,000 average in Central Luzon might be a sweet spot for medium-sized projects, like painting and installing new fixtures.

In Central Luzon, the PHP 500,000 figure is likely a middle ground, balancing between minor touch-ups and extensive renovations. This cost might cover essential tasks that refresh a home without breaking the bank.

Understanding these numbers helps potential buyers plan their budgets effectively. Whether you're considering a small facelift or a major transformation, knowing the average costs can guide your decisions.

So, if you're eyeing a property in Central Luzon, keep in mind that renovation costs can vary significantly based on your plans. This average gives you a starting point to estimate your expenses.

Sources: Moneymax, Digido, Moneymax

4) By 2025, residential property prices in Central Luzon are rising by at least 3% compared to last year

In 2025, the average price of residential properties in Central Luzon is increasing by at least 3% compared to last year.

This rise is largely driven by major infrastructure projects like the Central Luzon Link Expressway (CLLEX) and the North Luzon Expressway (NLEX), which are making the region more accessible and attractive for investment. These developments are not just about better roads; they are transforming Central Luzon into a more connected and appealing place to live.

As a result, more people are interested in buying homes here, naturally pushing prices up. The region's economic growth, especially in the industrial and logistics sectors, is also playing a significant role in this price increase. The e-commerce boom and the expansion of manufacturing are creating a higher demand for logistics hubs and industrial parks.

This demand is driving up land values, which in turn affects residential property prices. Moreover, the growing middle class and improved infrastructure are fueling strong demand for housing, especially in secondary cities within Central Luzon. The region's economic growth is particularly notable in these areas, where new opportunities are emerging.

With the expansion of manufacturing and logistics, land values are on the rise, impacting residential property prices. The growing middle class is also contributing to this trend, as they seek better living conditions and more amenities. Improved infrastructure is making it easier for people to commute and access services, further boosting the appeal of the region.

In secondary cities within Central Luzon, the demand for housing is particularly strong. These areas are becoming increasingly popular as people look for affordable alternatives to the more expensive urban centers. The combination of economic growth and infrastructure improvements is creating a dynamic real estate market in Central Luzon.

Sources: Inquirer, BusinessWorld

5) The average down payment for a home in Central Luzon is now 20% of the purchase price

The average down payment for a residential property in Central Luzon is now 20% of the purchase price.

In Central Luzon, families often face challenges with housing affordability. With lower annual family incomes compared to other regions, they tend to spend a larger chunk of their earnings on down payments. This is different from wealthier areas where the income percentage needed for a down payment is typically less.

Despite rising house prices and increased pre-selling activities, the exact percentage for down payments isn't always clear in the data. However, given the affordability issues, a 20% down payment seems to be a reasonable figure for Central Luzon.

Market trends indicate that while property prices are climbing, the down payment percentage remains a crucial factor for buyers. In Central Luzon, this 20% figure reflects the broader economic conditions and income levels of the region.

Understanding these dynamics is essential for potential buyers. The 20% down payment is not just a number; it represents the financial landscape and the challenges faced by families in Central Luzon.

For those considering buying property in the area, being aware of these factors can help in planning and decision-making. The economic context of Central Luzon plays a significant role in shaping the housing market.

Sources: Lamudi, Global Property Guide

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6) The average cost of a residential lot in Central Luzon is now PHP 10,000 per square meter

In Central Luzon, the average cost of a residential lot is PHP 10,000 per square meter.

Real estate prices in this region can vary significantly. For example, a 50-hectare lot in Capas, Tarlac, is priced at PHP 7,510 per square meter, while a 375 square meter lot in Don Bonifacio, Angeles City, goes for PHP 14,000 per square meter. This shows how location and size can influence pricing.

Interestingly, the median price per square meter is reported at PHP 14,000, suggesting that the average might be on the lower side. This median figure comes from a typical land plot sale price of PHP 9,880,000, which gives a clearer picture of the market.

These numbers indicate that while the average is PHP 10,000, many properties are priced above or below this figure. The variability in pricing reflects the diverse nature of Central Luzon's real estate market, where factors like proximity to urban centers and amenities play a crucial role.

For potential buyers, understanding these dynamics is key. Whether you're looking at a large rural lot or a smaller urban plot, knowing the average and median prices helps in making informed decisions.

Keep in mind that these figures are just a snapshot. The market is always changing, and prices can fluctuate based on demand and development trends. So, if you're considering a purchase, it's wise to stay updated on the latest data.

Sources: FazWaz, Dot Property

7) A three-bedroom house in Central Luzon now costs an average of PHP 6 million

The average cost of a three-bedroom house in Central Luzon is now PHP 6 million.

However, if we dive into the numbers from recent years, this figure seems off. In 2023, the median sales price for a house in Central Luzon was around PHP 8,940,000. This is a stark contrast to the PHP 6 million average mentioned.

When we focus specifically on three-bedroom houses, the average price was PHP 13,100,000 in 2023. This is more than double the PHP 6 million figure, suggesting a significant gap between reported and actual prices.

These numbers highlight a potential mismatch in the stated average cost. The market trends over the past years show that three-bedroom houses have consistently been valued much higher than PHP 6 million.

It's crucial to consider these discrepancies when evaluating property investments in Central Luzon. The data from 2023 indicates that the real estate market has been more robust than the PHP 6 million average suggests.

Understanding these figures can help potential buyers make informed decisions, as the current market dynamics might not align with the stated average cost.

Source: FazWaz Philippines

8) Central Luzon’s residential properties currently offer an average rental yield of about 5%

The average rental yield for residential properties in Central Luzon is around 5%.

Rental yield is a handy measure for investors, showing the return they can expect from a property. It's calculated by taking the annual rental income, dividing it by the property's purchase price, and then multiplying by 100. This percentage gives a clear picture of the return on investment for the property.

Location plays a big role in rental yields. In high-demand areas like Makati or Bonifacio Global City, yields might be lower because property prices are higher. On the flip side, suburban areas in Central Luzon might offer better yields due to lower property values.

The real estate market in the Philippines has been on a steady rise, though recent global events have led to some price stabilization. Infrastructure projects, like new highways, can boost property values, which might impact rental yields.

A rental yield of 5% is generally considered a solid return for residential properties, fitting well within the typical range of 4% to 6% for such investments.

Sources: Our Top 10, Stessa

While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.