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Real Estate Average Salaries in Philippines 2024

How much money does a person working in Real Estate make in Philippines?


Average Monthly Salary
49,100 PHP
( 589,000 PHP yearly)

LOW
18,600
PHP
AVERAGE
49,100
PHP
HIGH
86,300
PHP
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working in Real Estate in Philippines typically earns around 49,100 PHP. Salaries range from 18,600 PHP (lowest average) to 86,300 PHP (highest average, actual maximum salary is higher).


Salary Variance

The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Real Estate domain in Philippines exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.

Salaries for specific jobs

Job TitleAverage Salary
Real Estate
3D Printing Home Building Engineer42,200 PHP
Acquisition Associate35,500 PHP
Assistant Leasing Manager45,000 PHP
Assistant Property Manager49,600 PHP
Brokerage35,900 PHP
Brokerage Clerk19,600 PHP
Co-Living Space Manager38,200 PHP
Commercial Leasing Manager71,900 PHP
Commercial Real Estate Manager81,500 PHP
Community Development Manager69,300 PHP
Compliance Specialist34,600 PHP
Development Coordinator33,700 PHP
Director of Real Estate82,300 PHP
Foreclosure Consultant47,600 PHP
Lease Administrator43,500 PHP
Leasing Agent38,500 PHP
Leasing Consultant45,100 PHP
Leasing Manager50,900 PHP
Lettings Assistant18,200 PHP
Portfolio Analyst 62,100 PHP
Portfolio Manager82,600 PHP
Property Acquisition Agent32,000 PHP
Property and Claims Specialist42,500 PHP
Property Manager54,500 PHP
Property Operations Manager76,700 PHP
Property Tax Assistant37,300 PHP
PropTech Consultant43,100 PHP
Real Estate Administrator38,500 PHP
Real Estate Agent36,800 PHP
Real Estate Analyst49,700 PHP
Real Estate Appraiser39,700 PHP
Real Estate Appraiser39,400 PHP
Real Estate Appraiser40,200 PHP
Real Estate Assistant35,200 PHP
Real Estate Association Manager50,000 PHP
Real Estate Broker37,300 PHP
Real Estate Data Analyst41,500 PHP
Real Estate General Manager76,100 PHP
Real Estate Project Director70,500 PHP
Real Estate Project Manager68,000 PHP
Real Estate Sales Agent36,900 PHP
Real Estate Valuer40,800 PHP
Real State Compliance Officer37,900 PHP
Research Analyst33,200 PHP
Residential Advisor45,700 PHP
Residential Property Manager51,200 PHP
Shopping Center Manager77,500 PHP
Short-Term Rental Manager45,400 PHP
Smart Home Consultant41,500 PHP
Town Planner79,700 PHP
Vacation Rental Manager43,600 PHP
Virtual Tour Producer40,600 PHP


Real Estate Jobs Pay Scale and Salaries in Philippines

Median and salary distribution Philippines Real Estate monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
47,500 PHP or more
10% of people earn
40,400 to 47,500 PHP
20% of people earn
25,000 PHP or less
65% of people earn
25,000 to 40,400 PHP
Minimum Salary
18,600 PHP
Median
46,300 PHP
Maximum
86,300 PHP




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries in Real Estate in Philippines range from 18,600 PHP (starting average salary) to 86,300 PHP (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.

  • Median Salary

    The median income in the field of Real Estate is 46,300 PHP, implying that half of the workforce in Philippines earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.

  • Percentiles and Salary Scale

    Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Real Estate in Philippines earn less than 35,800 PHP, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 54,900 PHP, while 25% earn more than that.

  • Pay Scale Structure

    Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Real Estate in Philippines. The analysis revealed that roughly 65% of all reported salaries fell within the range of 25,000 PHP to 40,400 PHP. Approximately 20% of salaries were below the 25,000 PHP mark, while 10% ranged from 40,400 PHP to 47,500 PHP. Only 5% of individuals earned a gross salary of 47,500 PHP or higher.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage.

Generally speaking, employees in Real Estate in Philippines having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.


Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income?

We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Real Estate in Philippines, below are our findings.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Philippines costs anywhere from 224,000 PHP to 671,000 PHP and lasts approximately two years. That is quite an investment.

Employees can't expect any salary increases during the study period, assuming they already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.



Salary and Compensation Comparison By Gender / Real Estate / Philippines

Salary comparison by gender Philippines Real Estate monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In the field of Real Estate in Philippines, the average difference between the salary of male and female employees is 15%.

Male
52,400 PHP
Female-13%
45,700 PHP
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Philippines for all Careers

Salary comparison by gender monthly Philippines
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Average Annual Salary Increment Percentage / Real Estate / Philippines

How much are annual salary increments in Philippines for individuals working in Real Estate? How often do employees get salary raises?

Professionals working in Real Estate in Philippines are likely to observe a salary increase of approximately 9% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate Philippines Real Estate
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Philippines / All Professions

Annual Salary Increment Rate Philippines
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Philippines is 5%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Bonus and Incentive Rates / Real Estate / Philippines

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Philippines Real Estate
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45% of surveyed staff in Real Estate reported that they haven't received any bonuses or incentives in the previous year while 55% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
55%
No Bonus
45%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Hourly Average Wage / Real Estate / Philippines


280 PHP per hour

The average hourly wage (pay per hour) in Real Estate in Philippines is 280 PHP.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working in Real Estate in Philippines is 110 PHP. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary Comparison By City

CityAverage Salary
Antipolo53,800 PHP
Cagayan de Oro52,100 PHP
Cebu55,700 PHP
Dasmarinas47,000 PHP
Davao57,800 PHP
Kalookan56,700 PHP
Las Pinas49,200 PHP
Makati48,200 PHP
Manila58,600 PHP
Paranaque51,100 PHP
Pasig52,900 PHP
Quezon City59,500 PHP
Taguig54,900 PHP
Valenzuela50,000 PHP

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Philippines is 12% on average across all career fields.

Private Sector
42,300 PHP
Public Sector+12%
47,300 PHP
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary in Real Estate in Philippines?

A good and competitive compensation would range anywhere between 46,300 PHP and 54,900 PHP. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for jobs in Real Estate in Philippines ranges from 18,600 PHP to 35,800 PHP. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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