Knight Frank: Manila ranks 3rd cheapest premium ofﬁce rent in Asia-Paciﬁc in Q3

Manila’s prime ofﬁce rent was the third cheapest among 23 Asia-Paciﬁc markets in the third quarter, according to the latest Asia-Pacific Office Highlights by real estate consultancy Knight Frank. During the period, Manila’s occupancy cost reached $29.40 per square foot, inching up by 1%, higher than the 1.4% average decline of the region.