Ortigas Center
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 offers commercial office
spaces for rent, with numerous options for
private offices in serviced offices, and
even coworking spaces within flexible office
spaces.
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 the 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 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 serviced offices and coworking spaces in the
Philippines, ensuring that we can help you find the office space
you need for your operation. We also provide desk rentals,
temporary shared office space, staff virtual leased staff,
emergency office space, and many other business development
services.
Ortigas Office Space Market
Rental performance and upticks in vacancies are the name of the
game for the Ortigas market. With vacancies at 3.7% of total stock
through the launch of the IBP Tower in 2017, net take-up sits at
just 2,7000 sq m compared to the new supply of 20,400 sq
m.
Rental growth, however, was quicker than average at 3.4% YoY
despite the upsurge in vacancies. Due to quicker rental growth, the
mean rental rate increased to Php 668.8 per sq m / month.
The Ortigas submarket is also experiencing a resurgence in
construction activity, with as much as 392,600 sq m of new office
space inside of serviced offices ready for completion by 2021.
Because of this, we do not undermine the probability of the
market's vacancy rate to steadily climb to double digits within the
given time horizon. We still have available private spaces in
Ortigas for rent. Contact us today
for any inquiries you may have. Listed below are some of the recent
listings in our publicly available list:
