Local elections was held in the City of Makati on May 11, 1998, within the Philippine general election. The voters elected for the elective local posts in the city: the mayor, vice mayor, the two congressmen, and the councilors, eight in each of the city's two legislative districts.
The election marked the first time Makati successfully elected two representatives to the House of Representatives. While the city was entitled to two new districts upon its conversion into a highly urbanized city in 1995, the second district seat remained vacant during the 10th Congress due to the disqualification of winner Butz Aquino following that year's election for failing to meet the one-year residency requirement in the newly created district.
Incumbent mayor and PDPâÂÂLaban stalwart Jejomar Binay was term-limited and appointed as MMDA chairman. His wife, Dra. Elenita Binay, ran in his place. She selected 2nd district councilor Ernesto Mercado as her running-mate.
Binay's challengers were former city engineer Nelson Irasga of Liberal Party, incumbent vice mayor Arturo "Toro" Yabut of LakasâÂÂNUCD, a member of the family who previously allied with the Binays, former acting mayor Cesar Alzona and 1984 assembly candidate Alexander Villalon.
For the vice-mayoralty, Mercado faced actor Edu Manzano and Councilor Bong Daza.
Iglesia ni Cristo endorsed Binay and Mercado.
Even Edu Manzano won the vice mayoral race, closest rival Ernesto Mercado filed a disqualification case against Manzano's dual citizenship, as Manzano is a citizen of the Philippines by blood and of the United States by birth. To prove his loyalty to the Philippines, Manzano tore his American passport at a press conference. Later, the Supreme Court dismissed the case. In 2019, while campaigning for congressman for San Juan, Metro Manila, Manzano faced another case the same as 1998.
Dra. Elenita Binay won against Nemesio "Toro" Yabut III and Nelson Irasga.
Actor Edu Manzano won against Ernesto Mercado and Gabriel "Bong" Daza III.
Incumbent lone district representative Joker Arroyo defeated Rose Marie Arenas.
Former senator Butz Aquino won the race, becoming the first representative of the district.
Six of eight candidates of Binay-Mercado slate won the city council seats for this district.
Seven of eight candidates of Binay-Mercado slate won the city council seats for this district.