Grade A office rental per square foot Metro Manila, Philippines 2020-2023, by area

Published by Statista Research Department, Aug 7, 2023
During the first quarter of 2023, Grade A offices in the Bonifacio Global City (BGC) in Taguig had the highest average net rental rate per square foot in Metro Manila in the Philippines. During that quarter, office rental in the city amounted to an average of 1.78 U.S. dollars per square foot. Grade A offices refer to offices found on high rise buildings which usually have more space, high ceilings, and manned lobbies.

Average net rental rate per square foot of Grade A office space in Metro Manila in the Philippines from 1st quarter 2020 to 1st quarter 2023, by area (in U.S. dollars)

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Release date

May 2023

Region

Philippines

Survey time period

Q1 2020 to Q1 2023

Supplementary notes

*Includes Premium Offices.

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