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Understanding condo monthly fees in the Philippines is crucial for anyone considering purchasing a condominium unit in major cities like Manila, Makati, or Cebu.
These fees vary significantly based on location, unit size, building amenities, and management quality, typically ranging from PHP 50 to PHP 200 per square meter monthly in Metro Manila's prime areas as of September 2025.
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Condo monthly fees in the Philippines typically range from PHP 50-200 per square meter, with additional costs for parking (PHP 2,000-5,000/month), utilities, and property taxes.
These association dues cover building maintenance, security, amenities, and common area upkeep, but rarely include utilities or parking in most developments.
| Cost Component | Monthly Range (PHP) | Notes |
|---|---|---|
| Association Dues (per sqm) | 50 - 200 | Varies by location and building grade |
| Parking Slot | 2,000 - 5,000 | Often separate charge |
| Electricity (60 sqm unit) | 3,000 - 8,000 | Depends on usage and MERALCO rates |
| Water | 500 - 1,500 | Usually metered per unit |
| Internet | 1,500 - 3,000 | Fiber broadband packages |
| Property Tax (monthly) | 1,000 - 4,000 | Based on assessed value |
| Insurance (monthly) | 500 - 2,000 | Contents and hazard coverage |
What specific location details and unit specifications do I need to calculate accurate condo monthly fees?
The exact city, neighborhood, unit size in square meters, and bedroom count are essential for calculating precise monthly condo fees in the Philippines.
Metro Manila areas like Makati, Bonifacio Global City, and Ortigas command the highest association dues rates at PHP 150-200 per square meter monthly, while secondary cities like Cebu and Davao typically range from PHP 80-120 per square meter. Provincial locations often fall between PHP 50-80 per square meter monthly as of September 2025.
Unit size directly determines your total monthly dues since rates are calculated per square meter. A 60-square-meter unit in a premium Makati building at PHP 180 per square meter would cost PHP 10,800 monthly, while the same size unit in a mid-tier Quezon City development at PHP 100 per square meter would cost PHP 6,000 monthly.
Bedroom count affects utility estimates but doesn't impact association dues calculations, though larger units with more bedrooms typically consume more electricity and water.
How much are association dues per square meter monthly, and what's the total cost for different unit sizes?
| Location Category | Rate per sqm (PHP) | 40 sqm Unit | 60 sqm Unit | 80 sqm Unit |
|---|---|---|---|---|
| Premium Metro Manila (BGC, Makati) | 150 - 200 | 6,000 - 8,000 | 9,000 - 12,000 | 12,000 - 16,000 |
| Mid-tier Metro Manila (Quezon City, Pasig) | 100 - 150 | 4,000 - 6,000 | 6,000 - 9,000 | 8,000 - 12,000 |
| Secondary Cities (Cebu, Davao) | 80 - 120 | 3,200 - 4,800 | 4,800 - 7,200 | 6,400 - 9,600 |
| Provincial Areas | 50 - 80 | 2,000 - 3,200 | 3,000 - 4,800 | 4,000 - 6,400 |
| Budget Developments | 30 - 60 | 1,200 - 2,400 | 1,800 - 3,600 | 2,400 - 4,800 |
Is there a separate sinking fund or reserve contribution required monthly?
Most Philippines condo developments require a one-time sinking fund payment during purchase rather than monthly contributions.
The typical sinking fund ranges from PHP 20,000 to PHP 50,000 per unit or PHP 500 to PHP 1,200 per square meter, depending on the building's amenities and projected maintenance needs. Premium developments in Makati or BGC often require PHP 800-1,200 per square meter, while mid-range buildings typically ask for PHP 500-800 per square meter.
This fund covers major repairs, equipment replacements, and building upgrades over the property's lifespan. Additional special assessments may be levied if the sinking fund proves insufficient for major renovations, typically ranging from PHP 5,000 to PHP 30,000 per unit spread over 6-24 months.
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Are utilities included in association dues, and what are typical monthly utility costs?
Most Philippines condo developments do not include utilities in their monthly association dues, with owners paying separately metered electricity, water, and internet services.
Electricity costs typically range from PHP 3,000 to PHP 8,000 monthly for a 60-square-meter unit, depending on air conditioning usage and MERALCO rates, which averaged PHP 11.50 per kilowatt-hour in September 2025. Water bills usually range from PHP 500 to PHP 1,500 monthly per unit, based on consumption and local water district rates.
Internet service from providers like PLDT, Globe, or Converge costs PHP 1,500 to PHP 3,000 monthly for fiber broadband packages with speeds from 25 Mbps to 100 Mbps. Some newer buildings offer pre-installed fiber infrastructure, potentially reducing connection fees.
Cable TV subscriptions add another PHP 800 to PHP 2,000 monthly if desired, though many residents now rely on streaming services.
What are the monthly parking fees, and do all units include parking spaces?
Parking spaces are typically sold separately or rented monthly in most Philippines condo developments, with costs varying significantly by location.
Metro Manila parking slots cost PHP 2,000 to PHP 5,000 monthly to rent, or PHP 800,000 to PHP 2,000,000 to purchase outright. Premium areas like BGC and Makati command the highest rates, often reaching PHP 4,000-5,000 monthly rental or PHP 1.5-2 million purchase prices.
Secondary cities like Cebu typically charge PHP 1,500 to PHP 3,000 monthly for parking rentals, while provincial areas may range from PHP 1,000 to PHP 2,500 monthly. Some budget developments include one parking space with the unit purchase, but this is becoming less common in dense urban areas.
Visitor parking fees range from PHP 50 to PHP 200 per day, depending on the building's location and policies.
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Are there additional fees for amenities like gyms, pools, and function rooms?
Most amenities are included in monthly association dues, but some buildings charge additional fees for premium services or guest access.
Basic amenities like swimming pools, fitness centers, and children's playgrounds are typically covered by monthly dues. However, function room bookings often cost PHP 2,000 to PHP 8,000 per event, depending on room size and building category. Premium facilities like tennis courts, putting greens, or spa services may charge PHP 200 to PHP 500 per hour of use.
Guest passes for amenities usually cost PHP 100 to PHP 300 per day, allowing visitors to access pools and common areas. Some buildings limit the number of free guest passes per unit monthly, charging for additional access.
Business center services, printing facilities, and meeting rooms often carry separate charges ranging from PHP 50 to PHP 200 per hour of use.
What building administration and maintenance charges are billed separately each month?
Most building administration, security, garbage collection, and elevator maintenance costs are included in monthly association dues rather than billed separately.
However, some buildings may charge extra for services exceeding budget allocations, such as additional security during holidays (PHP 500-1,500 per unit) or emergency repairs requiring immediate attention. Pest control services may incur separate quarterly charges of PHP 200 to PHP 800 per unit.
Buildings with 24/7 concierge services sometimes charge premium fees of PHP 1,000 to PHP 3,000 monthly for enhanced services like package handling, dry cleaning pickup, or personal assistance. Administrative fees for document processing, clearances, or certifications typically range from PHP 100 to PHP 500 per request.
Waste management fees are usually included, but some buildings charge separately for large item disposal or renovation debris removal.
What property management fees apply if I rent out my condo unit?
Property management companies in the Philippines typically charge 8% to 15% of monthly rental income for comprehensive management services.
Full-service property management includes tenant screening, lease preparation, rent collection, maintenance coordination, and regular property inspections. Basic management services focusing only on rent collection and tenant communication usually cost 5% to 8% of monthly rental income.
Additional charges may include tenant placement fees of PHP 5,000 to PHP 15,000 per successful lease, guest registration fees of PHP 1,000 to PHP 3,000 per new tenant with building management, and maintenance markup of 10% to 20% on repair costs.
Some buildings require landlord registration fees of PHP 2,000 to PHP 5,000 annually for units used as rental properties, plus security deposits of PHP 10,000 to PHP 30,000 held by building management.
How much are annual property taxes and insurance premiums when calculated monthly?
Annual real property tax ranges from 0.25% to 2% of assessed property value, depending on location and local government rates.
| Property Value Range | Annual Tax Rate | Monthly Tax (PHP) |
|---|---|---|
| PHP 3-5 Million | 0.5% - 1.0% | 1,250 - 4,167 |
| PHP 5-8 Million | 0.75% - 1.25% | 3,125 - 8,333 |
| PHP 8-12 Million | 1.0% - 1.5% | 6,667 - 15,000 |
| PHP 12-20 Million | 1.25% - 2.0% | 12,500 - 33,333 |
| Above PHP 20 Million | 1.5% - 2.0% | 25,000 - 33,333 |
Fire insurance premiums typically cost PHP 3,000 to PHP 12,000 annually, translating to PHP 250 to PHP 1,000 monthly. Comprehensive property insurance including contents coverage ranges from PHP 8,000 to PHP 25,000 annually, or PHP 667 to PHP 2,083 monthly.
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Are there current or upcoming special assessments for major building repairs?
Special assessments occur when building reserve funds prove insufficient for major renovations, structural repairs, or equipment upgrades.
Common special assessments include elevator modernization (PHP 15,000-30,000 per unit), building facade renovation (PHP 10,000-25,000 per unit), generator replacement (PHP 5,000-15,000 per unit), and swimming pool resurfacing (PHP 3,000-8,000 per unit). These assessments are typically spread over 6 to 24 months to minimize financial impact on unit owners.
Buildings constructed in the early 2000s may face major assessments for fire safety upgrades, structural reinforcement, or utility infrastructure improvements, potentially costing PHP 50,000 to PHP 150,000 per unit over several years.
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How frequently do association dues increase, and what are recent historical trends?
Association dues typically increase every 12 to 24 months, with average increases ranging from 8% to 15% annually in the Philippines condo market.
From 2020 to 2025, most Metro Manila buildings implemented increases of 10% to 12% annually due to rising security costs, utility rates, and maintenance expenses. Premium developments in BGC and Makati averaged slightly higher increases of 12% to 15% annually, reflecting enhanced services and amenities.
Inflation, minimum wage adjustments, and increased insurance premiums drive most fee increases. Buildings typically announce planned increases 60 to 90 days in advance through homeowner association meetings and official notices.
Economic factors suggest continued increases of 8% to 12% annually through 2026, particularly affecting buildings with aging infrastructure requiring more frequent maintenance and repairs.
What are payment options, due dates, penalties, and transaction fees for condo dues?
Most buildings accept payments through bank transfers, online banking, authorized payment centers, or directly at the building's administrative office.
Monthly dues are typically due by the 5th to 15th of each month, with late payment penalties ranging from 2% to 5% monthly interest on overdue amounts. Some buildings impose flat penalty fees of PHP 500 to PHP 2,000 per month for late payments regardless of the amount owed.
Payment method options and associated fees:
- Bank transfer or online banking: Usually free of charge
- Credit card payments: 2.5% to 3.5% processing fee when accepted
- Over-the-counter bank payments: PHP 25 to PHP 50 service fee
- Payment center transactions: PHP 15 to PHP 35 convenience fee
- Check payments: Often accepted without additional fees
Buildings may disconnect building services like key card access, amenity privileges, or guest registration for accounts more than 60 days overdue, plus charge reconnection fees of PHP 1,000 to PHP 3,000.
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Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Understanding condo monthly fees is essential for budgeting your Philippines property investment accurately.
These costs can significantly impact your overall returns, especially when considering rental yield calculations and long-term holding strategies.
Sources
- Lamudi Philippines Condo Association Dues Guide
- ZipMatch Philippines Condo Maintenance Fees
- MERALCO Residential Electricity Rates
- Bangko Sentral ng Pilipinas Price Statistics
- Bureau of Internal Revenue Property Tax Information
- PEZA Investment Guidelines
- PLDT Internet Service Plans
- Globe Telecom Broadband Services