Office Spaces in Alabang for Rent or Lease
Why Choose Alabang?
The Second District of Muntinlupa City, Alabang, has undergone massive growth over the past few decades. Now emerging as an IT park for developing companies, flexible workspaces and office spaces in Alabang are turning into hot commodities for multinational corporations and start-ups alike that want to establish business operations in Metro Manila.
Located in the southernmost city of Metro Manila, Alabang has boomed in the last 10 years, acquiring and going beyond urban standards. Because of the Filinvest Corporate City and Ayala Land, Inc.'s Madrigal Business Park, the once vast fields of cow pasture evolved into a landscape defined by technological and financial progress; a supercity that houses topnotch residential, business, industrial, and commercial establishments with fully furnished private rooms and coworking space.
Alabang is no stranger to leisure, either. Aside from private office spaces and quality infrastructure, Alabang is a hotbed of two of the country's finest shopping centers: Alabang Town Center and the Festival Supermall. Alabang also houses the magnificent Insular Life Towers, the Asian Hospital and Medical Center, and the Northgate Business District which specializes in hosting IT industries. The nightlife is still developing in Alabang, but it is certainly catching up with the likes of Taguig and Makati, which both boast amazing nightlife scenes.
The future of progress lies in the South, as more and more companies choose to make Alabang their base of operations. Due to these shifts, Alabang acquired the titles of "Most Competitive City" and "Most Improved City" over the past few years.
Alabang Office Space Market
KMC Savills reports that the Alabang CBD experienced a record entry of new stock in 2017, with around 89,900 sq m of additional offce space. Despite the significant inflow of supply, the vacancy rate increased slightly to 2.2% at the end of the year compared to 1.7% in 4Q/2016.
Rents remained affordable despite the Alabang market's impressive performance. Growing by 3.0% YoY in 4Q/2017, Alabang ended the year with an average rate of Php 637.8 sq m / month.
Reports show that another 88,400 sq m of gross leasable area is slated for completion in 2018, but forecasts also indicate a minimal effect on the vacancy rate, given the robust occupier demand in 2017. Rental growth may also accelerate indefintely if market tightness is sustained in the coming quarters.
Contact us today for all your inquiries regarding Alabang office space. Though we primarily serve Makati and Manila (Downtown) we still have private office spaces in serviced offices and flexible workspace currently listed in Alabang for lease and rent:
Property Class: B
NOL Tower, Commerce Ave. Madrigal Business Park, Ayala Alabang, Muntinlupa, Philippines
Property Class: C
Filinvest Corporate City, Alabang Muntinlupa City
Property Class: A
Ihub3, Northgate CyberZone, Filinvest Corporate City Alabang Zapote Road, Alabang, Muntinlupa City
Property Class: A
Ihub4, Northgate CyberZone, Filinvest Corporate City Alabang Zapote Road, Alabang, Muntinlupa City
Contact KMC MAG Group for Alabang