Parañaque, Metro Manila
The City of Parañaque is one of the cities that make
Philippines. Parañaque was converted as the 11th city
in Metro Manila. The city has a total land area of 47.7 square
kilometers - a mix of residential, commercial, and industrial
Parañaque is also the site of numerous
residential areas, one of which is famous for its dining
establishment. B.F. Homes acts as a residential area and dining
strip, with family-owned restaurants spread throughout the
subdivision. There's also Sun Valley, Merville, Marcelo Green, and San Martin
de Porres which are all high-quality
residential areas as well.
If you are looking for an office space
for rent in Parañaque, KMC provides premier office buildings
for private offices, serviced offices, and other flexible
office spaces. We have the largest profile of flexible office areas and private
offices in the Philippines, so if
Parañaque is your business destination of
choice, we can seamlessly integrate you into one of our
fully serviced offices for
rent in the area.
Parañaque Office Space Market
Parañaque falls under the "Bay Area"
category, along with Manila and Pasay City. In our 2018 2Q Metro Manila Office
Conditions in the Bay Area have
remained very tight despite the introduction of Three E-Com, which
added 62,000 sq
m of leasable space.
The vacancy rate was kept low at 0.9% of the total
Rents have begun to further accelerate
in the thriving submarket which grew by 11.5% YoY and
6.5% QoQ in 2Q/2018. Given the current
market conditions, we still foresee rental growth to be above Metro
Manila's average in the coming quarters. Market demand has been
able to keep vacancies at a very low level due to the dominance of
the POGO sector.
The submarket's 12-month pipeline is
very substantial at 186,100 sq m of GLA, but we anticipate the
low vacancy rate to hold until next year. In addition, the Bay Area
saw the re-emergence of the O&O sector in 2Q/2018 which was on
the sidelines since 2017.
us today for
any inquiries you may have regarding private spaces for
rent in Parañaque. Listed below are a few of our
available office spaces and buildings for rent or