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.

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 the City.

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 Pasay.

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: