lol .. don't listen to anyone telling you to live near burgos, that scene would get old fast to any decent person
and its nothing but 1bdrm apartelles without internet.
in makati - for decent price, hit up the newer buildings around Pasong Tamo, live large, hit up Salcedo Village. thats for condos.
houses in makati, best place to live is either Urdeneta or Bel-Air due to the central proximity.
want to get a little cheaper and more neighborhood like are, head out to Ortigas.
beach-oriented areas, definately cebu as any other developed beach area is prone to storms and more power outages.
and yah, if you have cash to blow on condos that are posh, the Fort Bonofacio area and Rockwell are the best.