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Makati is known to be one of the Philippines’ pioneering business districts. The city home to many multinational corporations and some of the country’s most notable banking corporations. Over the years, it has grown to be an ideal location for offices, commercial, and retail establishments. 

Before you lease, buy or rent an office space, it is smart to know if the location is accredited by the Philippine Economic Zone Authority. PEZA is created to encourage investments into the country by providing incentives to businesses or investors in the form of tax holidays, discounts and the like once they operate in these accredited economic zones. 

Makati CBD 

Known as the ‘Central Cluster’ of Metro Manila, Makati CBD hosts many rentable office spaces and leasable commercial spaces while providing accessibility to and from malls, shopping areas, and posh residential neighborhoods. 

The Makati CBD is one of the most resilient districts compared to other submarkets in Metro Manila. Data as of 2Q 2020 show that average rental rates offered in the area is at PHP 1,150 /sq m / month. As of October 2020, there are 40 PEZA-accredited buildings within the business district.

Makati Fringe 

The Makati Frige consists of the areas outside the Makati Central Business District including Rockwell Center, Century City, and Circuit Makati, Currently, there are 34 PEZA-accredited locations in this submarket.