Pasay City

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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.  

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. It also houses a budding strip of restaurants at the corner of EDSA Extension and Diosdado Macapagal Ave. The city is also known for cafes, casinos and clubs, particularly those located along  Roxas Boulevard, facing Manila Bay. A large part of Metro Manila's "tourist belt" is located in the City  

KMC Savills offers a wide inventory of office spaces in the Pasay Area. We have the largest network ofprivate offices inside premier buildings, serviced offices, and co-working and flexible office spaces.It can house teams of 3-300 while seamlessly integrating your business requirements into our office areas. 

Pasay City Office Space Market    

Pasay City is categorized under the Bay Area submarket. In the  2Q 2018 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.  

Private office spacesin Pasay are ready for the taking.Call us todayto receive the full details regarding any of our available office space listings in the Bay Area. Listed below are just some of our availableoffice spaces for rentor lease: