And although you're unlikely to put Ferrari parts there, such toy racks can also serve a great purpose in closets and garages, maybe even the pantry. It is at least easy to clean. You just have to get a really sturdy set. And if you can't find one, you can always make do with shelves and separate bins.
This one, we found at Robinson's Place (3rd floor, toy display outside the department store) at P2,400 I think. It's a fairly big one, more appropriate perhaps for bigger kids (or one with just so much clutter).