Reading Time: minutes
The Philippines' leading financial district offers a wide variety of office spaces in different buildings. These spaces are ideal options for a company's branch and headquarters and may also serve as a long-term investment. You may opt to cater to the high office space demand in the city by leasing out some seats or the entire floor. Yields in Makati properties often range between 7.5% to 11.0%, while rental rates vary depending on the type of space. Premium offices usually average at Php1027.00 per month, reaching Php1,200 for upper rental levels while Grade office spaces are at Php733.00 per month, reaching Php950.00 for upper levels. Makati has one of the lowest vacancy rates among the CBDs so a good location is very hard to come by. If you are in search of a Makati office for sale, here are some of the top locations you should consider.
1: Alphaland Tower
One of the six premium-grade buildings in Makati CBD, Alphaland Tower offers the most prestigious business address in the country. This building features state-of-the-art facilities and security systems. All of its technologies are also environmentally stable, which allows companies to save on energy costs and ensure better health, comfort, and productivity for their employees. What's more, this location is PEZA-accredited, so tenant BPO companies can enjoy income tax holidays and other perks.
2: Rufino Pacific Tower
With its accessible location and prime reputation, Rufino Pacific Tower has become the office space of choice for many businesses. One of the tallest buildings in the area, this tower is currently occupied by several companies from different industries, including Smart Communications, major banking institutions such as BDO and BPI, and law firm Kittelson & Carpo. If you want a cost-effective and top-grade Makati office space for sale, Rufino Pacific Tower is one of the best options for you to consider.
3: Petron Megaplaza
This Class A building was once the tallest building in Makati, until it was surpassed by PBCom Tower in 2000. Today, its office spaces remain sought after by many businesses because of its convenient location, cost-effective rates, and solid construction. It is also home to large corporations in the Philippines, including Procter & Gamble, Cemex Philippines, Petron, as well as the Nordic Embassy.
4: Citibank Tower
A Class A building, Citibank Tower can be easily accessible via Ayala Avenue, Makati Avenue, and Paseo de Roxas. It is an ideal office space location for local and multinational companies, including BPO firms. It has a typical floor plate of 1,940 sqm with 4 podiums and 3 basement parking levels. Some of the current tenants of the tower are law firms, IT companies, and finance, accounting, and insurance companies.
5: Philippine AXA Life Centre
The headquarters of one of the country's leading insurance companies, Philippine AXA Life Centre has 28 stories with a typical floor plate of 993.13 sqm per floor and 4 above ground parking levels. Built in 1996, the facility is equipped with building automation systems and features a dining hall with a function room.
6: Burgundy Corporate Tower
The 38-story office condominium is a Class B property with a typical floor plate of 1,500 sqm. per floor. The building has a fully equipped executive board room, function rooms, business centers, and executive lounge. It is the perfect office space location for businesses from different industries. Unit sizes often range between 40 and 120 sqms.
Are you in search of a premium office for sale in Makati? Our team will help you locate the office space that meets your company's needs and budget. Contact us today.