Pasay City, Metro Manila
A southern suburb of Manila, Pasay is a major commercial
district with hotels, shopping centers, aeronautics headquarters,
and office buildings lining its 18.50 square kilometer stretch.
With this diverse mix of industries, Pasay is one of the ideal
areas for companies to establish their business operations.
If you think there are no office
spaces for rent in Pasay, meet KMC. We have the
largest network of private offices inside serviced
offices, alongside coworking spaces
inside flexible office spaces. We can house teams of
3-300 while seamlessly integrating your business requirements into
our office areas.
Pasay City is home to the headquarters of the SM
Group of Companies and the SM Mall of Asia, touted as the biggest
mall in Asia which opened on May 21, 2006. Also interesting is a
budding strip of restaurants at the corner of EDSA Extension and
Diosdado Macapagal Ave.
The city is also known for cafes and clubs,
particularly those located along Roxas Boulevard, facing Manila
Bay. A large part of Metro Manila's "tourist belt" is located in
Pasay City Office Space Market
We classified Pasay City under the "Bay Area"
designation in our 4Q/2017 report. Overall, the Bay Area exceeded
expectations for 2017 despite welcoming 214,200 sq m of gross
leasable area (GLA), paving the way for additional
private rooms within serviced offices and
flexible office spaces for rent in
The vacancy rate remained low at 3.9% by the end
of the year, buoyed by a more diverse occupier market. The
Bay Area submarket also boasts the highest rental growth among all
submarkets in 4Q/2017 at 6.4% YoY due to increase market demand
coming from POGOs.
These new entrants have been eager to establish
their operations in the emerging business district, restricting the
flexibility of other occupiers to bargain for more affordable
rental rates. Additionally, around 140,600 sq m
of office space is expected to emerge online from various
developers in the Bay Area.
But vacancies are expected to remain in
single-digits, at around 8.4%. We also forecast demand to be
sustained by the POGO sector.
Private office spaces in Pasay are
ready for the taking. Call us
today to receive the full details regarding any of
our available office space listings in the Bay Area. Listed below
are just some of our available office spaces for
rent or lease: