Makati Diamond Residences

What Makati Diamond Residences does

Makati Diamond Residences is a luxury serviced apartment property located at 118 Legazpi Street in the Central Business District of Makati City, Philippines. Operated by SMPI Makati Flagship Realty Corp. and MDR Management Partners, Inc. as subsidiaries of San Miguel Properties, Inc. (part of the San Miguel Corporation conglomerate), the property offers 410 keys ranging from 41-sqm studios to a 225-sqm Presidential Suite, distinguished from typical Manila hotels by apartment-style layouts with fully equipped kitchenettes and larger-than-average footprints. The property targets business and leisure travelers, extended-stay guests, corporate and social event planners, and local wellness members through multiple rooms, F&B, and amenity categories.

The operating stack combines standard hotel infrastructure — Property Management and Revenue Management via Global Hospitality Solutions and Hotel-RIMS, TrustYou for reputation management, MailChimp for email marketing, Google Analytics for web traffic — with on-site amenities including the 24-hour Fitness Center, TRX Studio, 25-meter indoor lap pool, Wellness Center/spa, Club Lounge, Private Cinema, and Business Center. Four F&B outlets (Alfred, Baked, Pool Bar, Whisky & Cigar Bar) anchor food and beverage revenue, supported by an innovative Dining Card program that extends breakfast/lunch/dinner privileges to a partner restaurant network (Toby's Estate, Wildflour, Subway, Pancake House, Italianni's, Queens at Bollywood). The property also operates 1,500 sqm of event space including the Legaspi Ballroom (532 sqm, up to 700 conference guests) and the Gallardo Ballroom.

Revenue is generated across four streams: nightly room accommodations, food and beverage, events and meetings, and recurring fitness/wellness memberships. Pricing is published in Philippine Pesos, with seasonal packages (Weekend Haven, Rainy Day Retreat, Celebration Stay, Moments Together, Love in Focus) targeting leisure and occasion-driven demand, and a Business Lunch Buffet at ₱2,200 net per head targeting weekday corporate demand. Distribution is direct-to-consumer via www.makatidiamond.com, phone, email, and Viber, with a Best Price Guarantee offering an additional 10% discount over rate-matched competitors to reinforce direct bookings; no third-party OTA dependency is disclosed. Property is privately held, with no disclosed funding rounds, revenue, or headcount.

Name

Makati Diamond Residences

Legal name

SMPI Makati Flagship Realty Corp. and MDR Management Partners, Inc.

Website

https://makatidiamond.com

Company type

Private

Operating status

Operating

Headcount range

251–500 employees

Short description

Makati Diamond Residences is a 410-key luxury serviced apartment hotel in Makati City's Central Business District, operated by San Miguel Properties, Inc. It serves business and leisure travelers, event planners, and wellness members with apartment-style rooms, four F&B outlets, 1,500 sqm of event space, and a partner-restaurant Dining Card program.

Ownership category

akta.pro rank

Product category

Luxury Serviced Apartments

NAICS

Hotels (except Casino Hotels) and Motels (72111), Traveler Accommodation (7211), Accommodation (721)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Hotels & Motels (7011)

akta.pro primary industry

Executive Apartments (Corporate Housing) (THAGAEAD)

akta.pro secondary industries

Luxury Serviced Residences (THAGAEAJ), Luxury Vacation Homes & Residences (THAMAEAB), Luxury Villas & Residences Resorts (THAGACAM)

Keywords

• Luxury serviced apartments
• Hotel accommodations
• Event venues
• Wellness facilities
• Fine dining

Headquarters

HQ city

Makati City

HQ country

Philippines

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Room Accommodations: The primary revenue stream is room nightly rates across 410 luxury guestrooms ranging from 41sqm studios to the 225sqm Presidential Suite. Room rates vary by suite type, size, and package inclusions (breakfast, club access). Pricing follows a nightly hotel model with seasonal and promotional packages.
2. Food & Beverage: F&B outlets include Alfred (New American Cuisine, 6:00 am–2:00 am), Baked café (6:00 am–9:00 pm), Pool Bar (1:00 pm–9:00 pm), and Whisky & Cigar Bar (6:00 pm–2:00 am). Revenue is generated from dine-in, take-out, and in-room dining. The Dining Card extends breakfast privileges to partner restaurants.
3. Events & Meetings: 1,500 sqm of event space including the Legaspi Ballroom (532 sqm), Gallardo Ballroom (208 sqm), and multiple smaller function rooms (Perea Boardroom, Kitchen Studio, Deck, Salcedo-Arnaiz, Business Center rooms). Revenue is generated from venue rentals, catering, and event packages for corporate conferences, weddings, socials, and celebrations.
4. Fitness & Wellness Memberships: Fitness Center memberships (monthly, quarterly, semi-annual, annual) provide unlimited access to the gym, TRX Studio, and indoor lap pool, plus discounts on wellness services and F&B. Day-use access and spa treatments at the Wellness Center are additional revenue streams.
5. Health Club & Day Passes: Rainy Day Membership Special offers tiered memberships (₱9,000 monthly to ₱64,800 annually) with bundled access to fitness facilities, group classes, parking, and F&B discounts, providing recurring revenue from health-conscious guests.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels9 records

Core offering

Makati Diamond Residences operates a 410-room luxury serviced apartment property in Makati City's Central Business District, offering accommodation from 41sqm studios to a 225sqm Presidential Suite, all with fully equipped kitchenettes. The property combines hotel-level amenities (four dining outlets, fitness center, TRX studio, 25-meter indoor lap pool, wellness spa, club lounge, private cinema, business center) with 1,500 square meters of event space, a partner-restaurant Dining Card for in-stay dining flexibility, and recurring fitness/wellness memberships. It is the first luxury serviced apartment venture of San Miguel Properties, Inc.

Product overview

Makati Diamond Residences is a luxury serviced apartment hotel operated by San Miguel Properties Inc. offering 410 guestrooms ranging from 41sqm studios to 225sqm Presidential Suites. The property features multiple room categories including standard studios, one and two-bedroom suites, premier suites, and lofts. On-site dining is provided through Alfred (New American Cuisine), Baked Café, Pool Bar, and Whisky & Cigar Bar. Leisure amenities include Club Lounge, Private Cinema, Business Center, Fitness Center (24-hour), TRX Studio, Wellness Center/Spa, and 25-meter Indoor Lap Pool. The property offers 1,500 sqm of event space including the Legaspi Ballroom (532 sqm), Gallardo Ballroom, Perea Boardroom, and various function rooms. Additional offerings include the Dining Card (partner restaurant network), fitness memberships, spa packages, dining promotions, and seasonal stay packages. The property also implements health and safety protocols certified under the government Safety Seal program.

Differentiator

Problem solved

Functional benefit

Products and services

• 41sqm Studio King/Twin
• 64sqm One Bedroom Suite
• 70sqm One Bedroom Suite
• 72sqm One Bedroom Suite
• 80sqm One Bedroom Suite
• 96sqm Two Bedroom Suite
• 122sqm Two Bedroom Suite
• 119sqm Loft
• 135sqm Loft
• 204sqm Two Bedroom Loft
• 225sqm Presidential Suite
• 64sqm Premier One Bedroom Suite
• 154sqm Premier One Bedroom Suite
• Alfred Restaurant
• Baked Café
• Pool Bar
• Whisky & Cigar Bar
• Club Lounge
• Private Cinema
• Business Center
• Fitness Center
• TRX Studio
• Wellness Center (Spa)
• Indoor Lap Pool
• Legaspi Ballroom
• Gallardo Ballroom
• Perea Boardroom
• Salcedo-Arnaiz Function Rooms
• Kitchen Studio
• The Deck
• Business Center Function Rooms
• Dining Card
• Health Club Memberships

Quantifiable outcome

• Up to 700 conference guests or 500 cocktail guests accommodated in Legaspi Ballroom
• +3 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered minor and core.

• Toby's EstateminorGTM or Marketing PartnerToby's Estate is a partner restaurant accepting the Makati Diamond Residences Dining Card. Located at Ground Floor, Senta Condominium, 140 Legazpi Street, Legazpi Village, Makati City. Open daily 7:00 am – 8:00 pm. Guests staying 3+ nights with breakfast can use their Dining Card at this partner location for breakfast and other meals.
• Wildflour RestaurantminorGTM or Marketing PartnerWildflour Restaurant is a Dining Card partner with two Makati locations: Rada (Ground Floor Frabelle Business Center Building, 111 Rada Street) open Mondays–Thursdays 7:00 am–10:00 pm, Fridays–Saturdays 7:00 am–11:00 pm, Sundays 7:00 am–11:00 pm; and Greenbelt (Greenbelt 3, Ayala Center) open Fridays–Saturdays 7:00 am–1:00 am, Sundays 7:00 am–11:00 pm. Accepts Dining Card for breakfast, lunch, and dinner.
• SubwayminorGTM or Marketing PartnerSubway at Unit G7, Prince Plaza 2, 101 Dela Rosa Street, Makati City accepts the Makati Diamond Residences Dining Card. Open Mondays–Fridays 7:00 am–12:00 mn, Saturdays–Sundays 8:00 am–12:00 mn. Partner provides American fast food options for Dining Card holders.
• Queens at BollywoodminorGTM or Marketing PartnerQueens at Bollywood is an Indian cuisine restaurant located at Level 3, Greenbelt 3, Ayala Center, Makati City. Open daily 11:00 am–12:00 mn. Dining Card holders can use their breakfast privileges and dine for lunch or dinner at this partner location.
• Pancake HouseminorGTM or Marketing PartnerPancake House at Ground Floor Dela Rosa Carpark 1, Dela Rosa Street, Legazpi Village, Makati City accepts the Dining Card. Open Monday–Friday 7:00 am–10:00 pm, Saturday–Sunday 7:00 am–9:00 pm. Provides Filipino-American cuisine options for Dining Card users.
• Italianni's RestaurantminorGTM or Marketing PartnerItalianni's Restaurant at Level 2, Greenbelt 5, Estrella Street, Ayala Center, Makati City accepts the Dining Card. Open Sundays–Thursdays 11:00 am–9:00 pm, Fridays–Saturdays 11:00 am–10:00 pm. Provides Italian-American cuisine options for Dining Card holders staying 3+ nights.
• San Miguel Properties, Inc.coreStrategic or Co-development PartnerSan Miguel Properties, Inc. (a subsidiary of one of the largest companies in the Philippines) is the parent company behind Makati Diamond Residences. This is San Miguel Properties' first venture into luxury serviced apartments. The corporate backing provides brand credibility, capital, and operational infrastructure.
• SMPI Makati Flagship Realty Corp.coreOthersSMPI Makati Flagship Realty Corp. is identified as the legal entity that owns and operates Makati Diamond Residences, along with MDR Management Partners, Inc. Both entities are co-referenced in privacy policies and legal notices as the controlling organizations.
• MDR Management Partners, Inc.coreOthersMDR Management Partners, Inc. is the management entity for Makati Diamond Residences, co-referenced with SMPI Makati Flagship Realty Corp. in legal and privacy documentation.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Shangri-La at the Fort, Manila: Shangri-La at the Fort is a flagship luxury hotel in Bonifacio Global City (adjacent CBD in Metro Manila), competing for the same premium business and event-driven demand that Makati Diamond Residences serves.
• Peninsula Manila: The Peninsula Manila is a global luxury flagship located in Makati CBD, competing with Makati Diamond Residences for international luxury business travelers with comparable event space and F&B venues.
• Dusit Thani Manila: Dusit Thani Manila is an established luxury hotel in Makati CBD offering similar accommodations, MICE facilities, and dining targeting business travelers and upscale leisure guests in the same competitive set.
• Sofitel Philippine Plaza Manila: Sofitel Philippine Plaza Manila is a luxury hotel in the Manila Bay area offering comparable F&B, event space, and luxury accommodations targeting international business and leisure travelers in Metro Manila.
• Raffles Makati: Raffles Makati is a luxury hotel in the Makati CBD serving premium business and leisure travelers, with comparable room-and-suite inventory and similar F&B/event facilities targeting the same high-end guest segments.
• Oakwood Makati (Oakwood Premier): Oakwood Premier in Makati offers serviced apartments targeting extended-stay corporate and business travelers in the same CBD, directly competing with Makati Diamond Residences' apartment-style product and corporate housing segment.
• Ascott Makati (The Ascott Limited): The Ascott Limited operates serviced apartment properties in Makati CBD, directly competing with Makati Diamond Residences for extended-stay business travelers seeking apartment-style accommodation in the same Central Business District.
• Somerset Salcedo Makati: Somerset Salcedo Makati, part of the Ascott group, provides serviced apartments in Salcedo Village, Makati — same neighborhood and same extended-stay corporate housing positioning as Makati Diamond Residences.
• Fairmont Makati: Fairmont Makati is a luxury hotel in the Makati CBD (also owned by San Miguel Properties-affiliated real estate interests at Ayala Center), directly competing for luxury business and leisure travelers in the same location.

Broad incumbents

• Marriott International: Marriott operates multiple luxury and serviced-residence brands globally and in the Philippines (e.g., Marriott Hotel Manila, Renaissance), providing broader hospitality competition with loyalty program advantages over independent luxury properties like Makati Diamond Residences.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights1 record

Customer concentration

• Facebookfacebook.com/makatidiamondresidences
• LinkedInlinkedin.com/company/makati-diamond-residences
• Instagraminstagram.com/makatidiamondresidences

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Makati Diamond Residences