Makati

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Makati, Metro Manila

TheCity of Makatiis the major technological, commercial, and economic hub in Metro Manila, Philippines. It is often referred to as the financial capital of the country since many multinationals opt to buy commercial space, lease an entire floor, or even rent  a private office within a serviced office. Makati is also home to many influential institutions such as the Makati Business Club, American Chamber of Commerce and various embassies, many located on Ayala Avenue.  

Makati is noted for its highly cosmopolitan culture, and it is also a major cultural and entertainment hub in Metro Manila. It is home to many first-class shopping malls, bars,  and restaurants, which are located along Ayala Center and Rockwell Center. Makati also boasts the tallest buildings in the Philippines like PBCom Tower and G.T. International  Tower and  LEED-certified buildings such as the Insular Life Building. The city also has the largest number of PEZA buildings for lease with flexible workspaces and private offices.  

Makati Office Space Market

The vacancy rate remained tight at 3.0%  notwithstanding the completion of NEX  Tower and a slower net absorption of 19,500 sq m. The premier business district  has had very tight conditions since 2016 that made rents accelerate in 2018.  It registered a rental  growth of 5.4% YOY in  4Q 2018, bringing average rents to PHP 1,104.0 per sq m/month. 

Further contraction in the vacancies is expected in  2019  given the limited supply in the district's pipeline. Rents are still expected to further escalate since contract expirations are forecasted to  drive higher bids given the limited availability of office space.    

KMC's inventory  of  office spaces and coworking space, the largest provider in the Philippines, has numerous sites for rent in Makati. Businesses and companies that want to set up business operations within the city can have access to various site options and build-to-suit solutions.  For  all of your inquiries, contact us today

The following are some of the most recent listings of our flexible office spaces for rent in Makati: