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, where a mix of residential, commercial, and industrial establishments reside.

If you are looking for an office space for rent in Parañaque but don't know where to look, KMC has got you covered. We provide private offices inside serviced offices, along with coworking spaces in 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 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.

Parañaque Office Space Market   

We released a comprehensive report on the Metro Manila office space market for 4Q/2017. In our report, Parañaque falls under the "Bay Area" category, along with Manila and Pasay City.

The findings for the Bay Area were generally positive, with 214,200 sq m of additional gross leasable area (GLA), potentially leading to more serviced offices with private offices, and coworking space in flexible office spaces.   

The vacancy rate in the Bay Area also remained low at 3.9% by the end of the year, fueled by a more diverse occupier market. The Bay Area also had the highest rental growth among submarkets in 4Q/2017 at 6.4% YoY.

Forecasts for 2018 also show that around 140,600  sq m of new office space is expected to come online from various developers in the Bay Area. Meanwhile, vacancies are expected to remain in single-digits at around 8.4% as demand is foreseen to be sustained by the POGO sector.

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: