Manila ranked 26th most expensive city in Southeast Asia in terms of premium office space occupancy costs
Manila ranked 60th out of 134 real estate markets in the 2022 edition of the Premium Office Rent Tracker report published by real estate consultancy firm Jones Lang LaSalle (JLL). The index measures and compare occupancy costs which include rent, service charges, and taxes of premium office buildings. Manila’s occupancy cost amounted to $41 per square foot per year, making it 26th most expensive premium office space among 36 East and Southeast Asian cities included in the report.
