Manila 5th most competitive Asia-Pacific market for office occupiers
The Philippine capital ranked 19th out of 90 markets in the Global Occupier Market Dashboard by real estate consultancy firm Knight Frank in the first quarter. The report compared the occupancy costs* for office space across the world’s leading real estate markets. Manila’s occupancy costs for office space amounted to $36.20 per square foot (sq. ft.) a year, making it the fifth most affordable office space among 23 Asia-Pacific markets.
