QC

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Quezon City, Metro Manila

Quezon City, or "QC" as the locals would call it, is the former capital and most populous city in the Philippines. It is one of the cities that make up Metro  Manila and is also evolving to become a major business hub for many companies. In fact, Quezon City is a combination of public and private institutions because it houses many government offices. It also has a vibrant nightlife, with the Tomas  Morato area offering numerous dine-and-drink options in the area.  

QC, just like many of Metro Manila's other cities, houses numerous malls and other points of interest. The commercial center of the city is in Cubao, where many shopping malls such as Gateway and Ali Mall are located, together with a farmer's plaza and farmer's market that sells fresh food. The Araneta Coliseum is also located in Cubao, a major venue for concerts and sports events.  

Major universities such as the University of the Philippines, Diliman and Ateneo de Manila University  are located in Quezon City. The Batasang Pambansa, along with the seat of the House of Representatives,  is also inside the city. Major television companies such as TV5, ABS-CBN, GMA Network, NBN, RPN, UNTV, NET 25 and IBC are all based in Quezon City as well.  

Quezon City Office Space Market 

With the completion of Cyberpark Tower  Two and  Centris  Cyberpod Five,  Quezon continued its slump as the vacancy rate doubled to 16.4% in 4Q 2018 compared to 8.7%  last quarter. Rents were still in the downtrend by another 0.2%  QoQ, ending with an average rate of PHP 747.4 per sq m/month.   

A sluggish net absorption is forecasted  in the coming quarters given the anemic occupier demand in Quezon City.  Further weakness in rental growth is also expected due to the record vacancy rate  in the submarket.   

For inquiries regarding available private office spaces and buildings for rent or lease in Quezon City,  contact us today. Listed below are some of our available units: