Quick reference: Manila Class A rent is 1500 PHP/sqft ($26 USD), typical term 3 years, 5 months free.
Class A rent: 1500 PHP/sqft/yr ($26 USD).
Typical term: 3 years.
Typical rent-free: 5 months.
Vacancy: 22.6%.
Manila Class A office: frequently asked questions
Quick reference: Manila Class A rent is 1500 PHP/sqft ($26 USD), typical term 3 years, 5 months free.
TL;DR
Class A rent: 1500 PHP/sqft/yr ($26 USD).
Typical term: 3 years.
Typical rent-free: 5 months.
Vacancy: 22.6%.
Quick reference
Use this page as the fast-answer reference for Manila. Deep coverage lives on the city page, the topic pages, and the comparison views.
Key facts
city
Manila
country
Philippines
region
APAC
classARentLocal
1500 PHP/sqft/yr
classARentUsd
$26/sqft/yr
vacancy
22.6%
typicalLeaseYears
3
typicalRentFreeMonths
5
submarkets
5
primeYieldPct
6.6%
Frequently asked questions
What is PEZA?
Philippine Economic Zone Authority — registered IT/BPO tenants in PEZA-designated buildings receive an income tax holiday (4-7 years) followed by a 5% gross income tax. Material for BPO tenant decisions; not all Class A buildings have PEZA designation.
What was POGO?
Philippine Offshore Gaming Operators — predominantly China-facing online gaming platforms operating from Manila. Government policy phased out POGO operations by 2024, removing a meaningful share of office occupancy.
What is the BGC versus Makati dynamic?
BGC is the modern master-planned trophy district with deeper Class A inventory and better walkability; Makati CBD remains the deepest financial-services tenant cluster.