Manila's trophy roster is anchored by Shangri-La at the Fort, Ayala Triangle Tower 2, W Fifth Avenue.

  • Shangri-La at the Fort — BGC, 2016.
  • Ayala Triangle Tower 2 — Makati CBD, 2024.
  • W Fifth Avenue — BGC, 2019.
  • The Estancia at Capitol Commons — Ortigas, 2018.
  • Net Park BGC — BGC, 2014.

Manila notable Class A buildings

Manila's trophy roster is anchored by Shangri-La at the Fort, Ayala Triangle Tower 2, W Fifth Avenue.

TL;DR

  • Shangri-La at the Fort — BGC, 2016.
  • Ayala Triangle Tower 2 — Makati CBD, 2024.
  • W Fifth Avenue — BGC, 2019.
  • The Estancia at Capitol Commons — Ortigas, 2018.
  • Net Park BGC — BGC, 2014.

Trophy roster

**Shangri-La at the Fort** (BGC), ~1080k sqft, completed 2016. Mixed-use trophy. **Ayala Triangle Tower 2** (Makati CBD), ~540k sqft, completed 2024. Ayala Land trophy facing Ayala Triangle Gardens. **W Fifth Avenue** (BGC), ~590k sqft, completed 2019. Mixed-use BGC trophy with luxury hotel base. **The Estancia at Capitol Commons** (Ortigas), ~470k sqft, completed 2018. Ortigas Land's mixed-use trophy with retail and residential. **Net Park BGC** (BGC), ~220k sqft, completed 2014. Net Group PEZA-registered BPO-tilted Class A.

Key facts

cityManila
countryPhilippines
regionAPAC
classARentLocal1500 PHP/sqft/yr
classARentUsd$26/sqft/yr
vacancy22.6%
typicalLeaseYears3
typicalRentFreeMonths5
submarkets5
primeYieldPct6.6%
trophyBuildings5

Frequently asked questions

Which is the most prestigious Class A building in Manila?
Shangri-La at the Fort is the most-cited trophy benchmark in the Manila market.

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

Full sources index · Submit a correction

Related topics