Thinking about living in Dasmarinas Village, Makati? It’s one of the most exclusive and sought-after addresses in Metro Manila. But is it right for you? This article dives into the good and the bad of living in “Dasma,” helping you decide if it’s your dream neighborhood or just a pretty postcard.
What Makes Dasmarinas Village So Desirable?
Dasmarinas Village, often simply called “Dasma,” has a certain reputation that precedes it. It’s known for its large, beautiful homes, tree-lined streets, and a general air of peace and quiet that’s hard to find in the middle of bustling Makati City. The village consistently ranks among the top residential areas in the Philippines. This desirability stems from several factors, starting with its exclusivity.
Exclusivity is a big draw. Dasma isn’t just any village; it’s a carefully guarded community. Strict security measures are in place, including guarded gates, roving patrols, and CCTV surveillance. This creates a sense of safety and security that residents highly value. The exclusivity also translates to a certain level of prestige. Living in Dasmarinas Village is a statement, a symbol of success and status.
The location is another major advantage. Dasmarinas Village is incredibly central. It’s within easy reach of Makati’s Central Business District (CBD), where many major corporations, offices, and shopping malls are located. You can often avoid the worst of the city’s traffic by using the village’s internal roads and access points. Even better, the village is near multiple reputable international schools.
Pricing and Property Types in Dasma
Let’s talk numbers. Real estate in Dasmarinas Village comes with a hefty price tag. Expect to pay a premium for the privilege of living here. As of late 2023 and early 2024, lot prices can range from PHP 200,000 to PHP 300,000 or even higher per square meter. This means a standard 1,000 square meter lot could easily cost PHP 200 million to PHP 300 million.
Houses are even more expensive, typically ranging from PHP 300 million upwards, depending on size, design, and location within the village. Some of the grander mansions can easily fetch prices exceeding PHP 500 million. Renting is also an option, with monthly rents for houses ranging from PHP 200,000 to PHP 500,000 or more, again depending on the property’s size and features. You can find available properties listed online, though many transactions occur privately.
The property types in Dasma are primarily large, detached single-family homes. Many of these houses were built decades ago and feature classic designs, while others have been renovated or rebuilt in more modern styles. You’ll find a mix of architectural styles, from traditional Filipino designs to contemporary minimalist homes. While there are a few townhouses or condominiums located around the perimeter of the village, the vast majority of properties are standalone houses. Property sizes are generally larger in Dasma compared to other villages, adding to its appeal to families and individuals seeking ample living space.
The Neighborhood Lifestyle: What’s It Like Living Here?
Living in Dasmarinas Village offers a unique lifestyle that caters to a certain demographic. It’s generally quiet and peaceful, especially compared to the surrounding city. There are several parks and green spaces within the village, providing opportunities for recreation and relaxation. Residents often enjoy walking, jogging, or cycling along the tree-lined streets. The village also has a number of social clubs and organizations, fostering a sense of community.
You’ll find that the residents of Dasmarinas Village are typically upper-class families, business executives, and expatriates. There’s a strong sense of community, with residents often participating in village events and activities. The atmosphere is generally formal and reserved, reflecting the high-end nature of the neighborhood. While there are playgrounds and parks for children, the village isn’t necessarily the most kid-friendly in terms of spontaneous play or casual interaction with other children, primarily due to the lower density of residents per hectare.
Safety and Security in Dasmarinas Village
Security is a top priority in Dasmarinas Village, and it’s one of the main reasons why people choose to live here. The village has a dedicated security force that patrols the streets 24/7. There are also strict entry and exit controls, with all visitors required to register at the gate. CCTV cameras are strategically placed throughout the village, providing additional surveillance. As a result, crime rates in Dasmarinas Village are significantly lower than in other parts of Makati City.
While no place is completely crime-free, Dasmarinas Village is considered one of the safest residential areas in Metro Manila. Residents generally feel safe walking around at night, and there’s a strong sense of security throughout the village. The homeowners association actively works to maintain and improve security measures, ensuring the safety and well-being of residents. However, residents must pay monthly association dues to maintain these services. These dues can be substantial, adding to the overall cost of living in Dasma.
Location Pros and Cons: Dasma in Relation to Makati
Dasmarinas Village boasts a prime location within Makati City. Its central location provides easy access to the Makati CBD, allowing residents to quickly reach their offices, shopping malls, and other amenities. The village is also conveniently located near major thoroughfares, making it easy to travel to other parts of Metro Manila. This proximity to commercial hubs is extremely valuable.
However, the very location that makes Dasma so desirable also presents some drawbacks. Traffic around the village can be heavy during peak hours, particularly on the roads leading to and from the CBD. While internal village roads offer some respite, getting out of Dasma during rush hour can still be a challenge. Noise pollution from nearby traffic can also be a concern for some residents, especially those living near the perimeter of the village. Despite the presence of walls to buffer the sound, it can be noticeable.
Furthermore, the high density of commercial establishments surrounding Dasmarinas Village means that the area can be quite congested. Parking can be difficult to find, and the streets can be crowded with pedestrians. While Dasma itself is relatively quiet and peaceful, the surrounding areas can be quite chaotic. It’s important to weigh the convenience of the location against these potential drawbacks.
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How Does Dasmarinas Village Compare to Nearby Areas?
When considering a move to Dasmarinas Village, it’s important to compare it to other upscale residential areas in Makati City and neighboring cities. Two popular alternatives are Forbes Park and Bel-Air Village. Forbes Park is another exclusive village known for its large properties and affluent residents. It’s generally considered to be even more exclusive than Dasmarinas Village, with higher property prices and stricter security measures. Bel-Air Village, on the other hand, is slightly more accessible and offers a wider range of housing options.
Compared to Forbes Park, Dasmarinas Village is often seen as slightly more “laid-back” and less formal. While both villages are home to wealthy individuals and families, Dasmarinas Village has a slightly more diverse population. Bel-Air Village offers a more diverse range of housing options, including apartments and townhouses, making it more accessible to a wider range of residents. Property prices in Bel-Air are generally lower than in Dasmarinas Village and Forbes Park.
Another comparable area is San Lorenzo Village, also in Makati. San Lorenzo is known for its quiet, residential atmosphere and proximity to the Makati CBD. While it doesn’t have the same level of prestige as Dasmarinas Village or Forbes Park, it offers a more affordable option for those seeking a secure and convenient location. Ultimately, the best choice depends on your individual needs and preferences.
Real-World Insights: Prices, Rental Income, and More
Let’s delve deeper into the real-world aspects of living in Dasmarinas Village. As mentioned earlier, property prices are high. However, rental income potential can also be substantial. Landlords can often command premium rents for houses in Dasma, especially those that are well-maintained and located in desirable areas. The demand for rental properties is driven by expatriates, corporate executives, and wealthy families.
While Airbnb is technically possible, it’s not commonly practiced within Dasmarinas Village due to the village’s strict regulations and focus on long-term residency. The homeowners association actively discourages short-term rentals, as they can disrupt the peace and quiet of the neighborhood. Furthermore, the high cost of property and the associated fees make Airbnb less profitable compared to other areas.
Traffic within Dasmarinas Village is generally manageable, but as mentioned earlier, getting in and out during peak hours can be challenging. Walkability is limited to within the village itself, as the surrounding areas are not particularly pedestrian-friendly. Schools are a major draw, with several reputable international schools located nearby. Security is excellent, with 24/7 patrols and strict entry controls. Noise levels are generally low, although residents living near the perimeter may experience some noise from nearby traffic. The community vibe is formal and reserved, with a strong emphasis on privacy and security.
Current Demand and Market Trends
The demand for properties in Dasmarinas Village remains consistently high. It’s considered a blue-chip real estate investment, with property values steadily increasing over time. Even during economic downturns, Dasmarinas Village tends to hold its value better than other areas. This is due to its prime location, exclusivity, and strong security measures. The market is often driven by word-of-mouth referrals and private transactions.
One key trend is the increasing demand for renovated or rebuilt properties. Many of the older houses in Dasmarinas Village are being updated to meet the needs of modern homeowners. This trend is driving up property values, as buyers are willing to pay a premium for move-in ready homes. There’s also a growing interest in sustainable and eco-friendly features, such as solar panels and rainwater harvesting systems. These features are becoming increasingly popular among discerning buyers.
However, rising interest rates and global economic uncertainty could potentially impact the real estate market in Dasmarinas Village in the future. It’s important to stay informed about market trends and consult with a real estate professional before making any major investment decisions. Despite potential challenges, Dasmarinas Village is likely to remain a highly desirable and sought-after residential area.
Pros and Cons Summarized
Let’s quickly recap the key pros and cons of living in Dasmarinas Village:
Pros:
- Prime location in Makati City
- Excellent security and safety
- Prestigious and exclusive community
- Quiet and peaceful environment
- Proximity to top schools and amenities
- Strong investment potential
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Cons:
- Extremely high property prices
- High association dues
- Traffic congestion during peak hours
- Limited walkability outside the village
- Formal and reserved community vibe
- Limited Airbnb opportunities
Frequently Asked Questions About Living in Dasmarinas Village
Here are some of the most commonly asked questions about living in Dasmarinas Village:
What are the average property prices in Dasmarinas Village?
As of late 2023 and early 2024, lot prices range from PHP 200,000 to PHP 300,000 or higher per square meter. Houses typically range from PHP 300 million upwards.
How much are the association dues in Dasmarinas Village?
Association dues vary depending on the size of the property, but they can be substantial, ranging from several thousand pesos to tens of thousands of pesos per month.
Is Dasmarinas Village a safe place to live?
Yes, Dasmarinas Village is considered one of the safest residential areas in Metro Manila, with 24/7 security patrols and strict entry controls.
Are there any schools located within Dasmarinas Village?
While there are no schools directly within the village, it’s conveniently located near several top international schools in Makati City.
Is Airbnb allowed in Dasmarinas Village?
Airbnb is generally discouraged by the homeowners association, and short-term rentals are not common.
What is the traffic situation like in Dasmarinas Village?
Traffic within the village is generally manageable, but getting in and out during peak hours can be challenging due to congestion in the surrounding areas.
What is the community vibe like in Dasmarinas Village?
The community vibe is formal and reserved, with a strong emphasis on privacy and security.
References
Philippine Daily Inquirer
Real Estate Philippines
Makati City Official Website
Lamudi
Zipmatch
So, is Dasmarinas Village the right place for you? It’s a big decision, and hopefully, this article has provided you with a clearer picture of what life is like inside its gates. If the prestige, security, and prime location outweigh the high costs and formal atmosphere, then Dasma might just be your perfect address. Take the next step: explore available properties, talk to residents, and experience the village firsthand. Your dream home could be waiting behind those guarded gates!
