Office Spaces in Pasay for Rent or Lease

Why Choose Pasay?  

Located south of Manila is Pasay City, a major commercial district filled with hotels, shopping districts, and options for private offices inside serviced offices and flexible office spaces. Pasay also houses two airports: the Ninoy Aquino International Airport (NAIA) and the Villamor Air Base. The Civil Aeronautics Administration also sits within Pasay City's jurisdiction. Because of the city's diverse mix of government facilities and entertainment districts, Pasay is quickly emerging as a major business and financial landmark.

Private offices for rent in Pasay is a great alternative to those in Makati and BGC for companies that want to begin business operations in Metro Manila. KMC's extensive inventory contains office spaces for rent with private areas and flexible workspaces that contain coworking space as well.

Pasay City houses the headquarters of the SM Group of Companies, one of the biggest economic drivers in the entire country. Pasay also houses SM Mall of Asia, a mall of universal acclaim due to its massive land area. Another interesting facet of Pasay is its restaurant strip  along the corner of the EDSA Extension and Diosdado Macapagal Avenue.

Pasay City Office Space Market    

Real estate and office space market consultancy firm, KMC Savills, classified Pasay City under the "Bay Area" designation in their 4Q/2017 report. Overall, the Bay Area exceeded expectations for 2017 despite welcoming 214,200 sq m of gross leasable area (GLA), paving the way for additional private rooms within serviced offices and flexible office spaces in Pasay. The vacancy rate remained low at 3.9% by the end of the year, buoyed by a more diverse occupier market.  

The Bay Area submarket also boasts the highest rental growth among all submarkets in 4Q/2017 at 6.4% YoY due to increase market demand coming from POGOs. These new entrants have been eager to establish their operations in the emerging business district, restricting the flexibility of other occupiers to bargain for more affordable rental rates.  

Additionally, around 140,600  sq m of office space is expected to emerge online from various developers in the Bay Area. But vacancies are expected to remain in single-digits, at around 8.4%, as KMC Savills forecasts demand to be sustained by the POGO sector.   

Private office spaces in Pasay are ready for the taking. Call us today to receive the full details regarding any of our available office space listings in the Bay Area. Listed below are just some of our available office spaces for rent or lease:      

Contact KMC MAG Group for Pasay