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

In the last few months, market absorption has been relatively slow for certain key buildings in the premium Makati business district. Coupled with the increasing number of contract expirations, the vacancy rate increased to 2.3% in 2Q/2018 from 2.1% in the previous quarter.   

Despite the increase in vacancies, rents in Makati CBD rose by an impressive 4.5% YoY, closing the quarter at Php 1,084.4 per  sq m / month. In the second half of 2018, the premier CBD is expected to welcome around 53,000  sq m of new office space from the first tower of the Ayala North Exchange and NEX Tower. Vacancies are expected to rise during the next quarters and may hamper rental growth in 2019.  

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: