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Office MarketBeat Report

Claro Cordero Jr. • 06/05/2025

The average headline rent for Prime and Grade ‘A’ developments in Metro Manila was recorded at PHP 987 per sqm per month by the end of Q1 2025, reflecting a minor decline from the previous quarter's rate of PHP 990 per sqm per month.

Despite current high vacancy rates, rents in key Central Business Districts (CBDs) such as Makati and Taguig City are expected to remain stable in the medium term.

 

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Author

Claro Cordero
Claro Cordero Jr.

Director / Head, Research Consulting & Advisory Services
Taguig, Philippines

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