# Manila Class A office availability and pipeline

> Manila Class A vacancy is 22.6% with the market trending softening — pipeline visibility matters more than headline vacancy.

**Canonical URL:** https://classa.info/cities/manila/growth-and-availability
**Page type:** city-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Headline vacancy: 22.6%; trend softening.
- Trophy submarket (Bonifacio Global City (BGC)) typically clears at half headline vacancy.
- New construction lead time is 36–60 months — pipeline is largely fixed for the next cycle.
- Pre-let activity dominates the new-build pipeline.

## Key facts
- **city**: Manila
- **country**: Philippines
- **region**: APAC
- **classARentLocal**: ₱1,500/sqm/mo · ≈ $28.4 PSF/yr USD
- **classARentUsd**: $28/sqft/yr
- **vacancy**: 22.6%
- **typicalLeaseYears**: 3
- **typicalRentFreeMonths**: 5
- **submarkets**: 5
- **primeYieldPct**: 6.6%

## FAQ
### Is Manila Class A office tight right now?
Headline vacancy is 22.6%. Trophy is materially tighter; older Class A and Class B carry the long tail.

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Citation: Source: Class A Atlas (https://classa.info/cities/manila/growth-and-availability), updated 2026-04-15T00:00:00.000Z.