Ortigas Center

KMC MAG GROUP ortigas banner

Ortigas, Metro Manila

The Ortigas Center is one of Metro Manila's biggest central business districts, along with Bonifacio Global City (BGC) and Makati. KMC Savills offerscommercial office spaces for rent, with numerous options forprivate office spaces, serviced offices, and even flexible  coworking spaces within buildings.  

Ortigas is a privately-owned area, as such, the district is fully equipped with state-of-the-art amenities and facilities designed to maximize business progress. In fact, many of  class A, PEZA-accredited buildings in the area are capable of housing private offices and coworking areas for rent that can meet the demands of almost any company in any industry today.  

Ortigas is also home to a multitude of major economic institutions. The headquarters of the Asian Development Bank,  UnionBank, San Miguel Corporation, and Jollibee Foods Corporation are all located in Ortigas. But the district is also home to many entertainment areas and lifestyle hubs. Nightclubs such as Elbow Room and Serendipity Lounge give employees a good "chill out" option on Friday nights, and international cuisine restaurants such as  Marufuku and  Matgalne also line the streets of Ortigas.  

KMC Savills can provide an updated list of available private offices or flexible office spaces in Ortigas, located in class A, PEZA-accredited buildings. We have the largest inventory of premier buildings, serviced offices and coworking spaces in the Philippines. We can help you find the office space you need for your operation including desk rentals, temporary shared office space, staff virtual leased staff, emergency office space, and many other business development services.

Ortigas Office Space Market   

Market conditions in Ortigas Center improved as there is a substantial decrease in vacancies and no new completions in 4Q 2018. The submarket ended the year with a vacancy rate of 2.0% after net absorption rebounded to 51,700 sq m in 2015 to just 2,800 sq m in 2017.  

Despite the tightening conditions, rental growth was still modest at 3.3% YoY  and raising average rents to PHP 691.0 per sq m / month. A double-digit  vacancy rates in the coming quarters due to  the large inflow  of new supply from The Podium West Tower in 1Q 2019. Although elevated vacancies  typically pull rental growth down, improvement in the quality of the overall  stock in Ortigas Center should correct the rental disparity between the established CBDs.

Contact us today for any inquiries you may have. Listed below are some of the recent listings in our publicly available list: