Paranaque

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Parañaque, Metro Manila

The City of  Parañaque is one of the cities that make up Metro Manila, 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 establishments reside.  

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 offlexible office areas and private officesin the Philippines, so if  Parañaque is your business destination of choice, we can seamlessly integrate you into one of our fullyserviced 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 Briefing 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 stock.   

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.    

Contact 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 lease: