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MAKATI.
The Vibrant Nerve Center.

Makati is the Philippines' international financial and commercial center. It is the city of choice for large and medium-sized businesses as well as the residential area of choice for many of the country's political and economic movers and shakers. Consequently, the Makati real estate scene has always been vibrant and exciting.

The Makati real estate landscape, at least in the vital area near the Central Business District (CBD), is an interesting combination of residential enclaves interspersed with sophisticated and high-end residential and office towers.

Posh mansions, classy bungalows and other low-rise houses and apartments comprise one side of the Makati real estate scene. These can be found at gated villages located in the peripheries of the CBD. Among these are Forbes Park and Dasmariñas Village where many people from the upper strata of Philippine society reside. Other well-appointed villages in Makati are Urdaneta Village, San Antonio Village, San Lorenzo Village, Bel-Air, and Magallanes Village.

On the other side of the Makati real estate equation, high-rise residential condominiums and apartments can be found right at the heart of the CBD in Salcedo Village and Legaspi Village. These skyscrapers usually stand side-by-side with office towers and are mostly inhabited by expatriates and locals who also work in Makati.

There are many reasons why many individuals and corporations make a lot of acquisitions and investments in the Makati real estate sector. Among these are:

• LIST OF MAKATI PROJECTS TO CHOOSE FROM Raffles Residences Manila A highly-luxurious residential component of the stunning 30-storey tower currently being built in the corner of Makati Avenue and Arnaiz Avenue (formerly Pasay Road). Gramercy Residences Expected to become the country's tallest when it is completed. The building design is impressive will be visible from all angles of the metropolis.

  Makati is the site of the headquarters of the big loc al and multinational companies like the Bank of the Philippine Islands, Citibank, Procter & Gamble, Microsoft, Nokia, Intel and others. It also hosts one of the trading floors of the Philippine Stock Exchange.

• Makati is the location of many embassies and diplomatic missions, among them are those of Australia, Canada, UK, France, Italy, New Zealand and the European Union.

• Makati is the site of many five-star hotels like The Peninsula Manila, the Mandarin Oriental, the Shangri-la, New World Rennaisance Hotel, Intercontinental Hotel Manila, and Dusit Hotel Nikko.

• Makati has many shopping areas like Ayala Center and Rockwell Center. Ayala Center contains two shopping malls, Glorietta and Greenbelt. Glorietta is a cluster of malls and features the SM, Rustan's and Landmark department stores. Greenbelt, on the other hand, is a sophisticated and modern mall featuring a wide selection of restaurants offering international and local cuisine, as well as cafes.

• Makati is a short 15 minute-drive from the Ninoy Aquino International Airport (NAIA) and the Manila Domestic Airport. It is easily accessible from practically all of Metro Manila's major roads and thoroughfares. It can be reached via the elevated railway system Metro Rail Transit (MRT), as well as public buses and jeepneys.

Makati's Central Business District (CBD) is a district bounded by Senator Gil Puyat Avenue (formerly Buendia Avenue), Makati Avenue, Ayala Avenue, Arnaiz Avenue (formerly Pasay Road), and Pasong Tamo. The CBD encompasses Legaspi Village, Salcedo Village, and parts of Bel-Air.