{
  "url": "https://classa.info/cities/manila/industries/real-estate",
  "title": "Real estate and infrastructure office space in Manila",
  "description": "Where real estate and infrastructure occupiers cluster in Manila, what they pay, and what the typical fit-out looks like.",
  "oneSentenceAnswer": "Real estate and infrastructure occupiers in Manila typically cluster in Bonifacio Global City (BGC), plan ~215 sqft per seat at high-end fit-out ($39000–58000/sqft), and pay around 1500 PHP/sqft ($28 USD) on Class A.",
  "tldr": [
    "Preferred submarket: Bonifacio Global City (BGC).",
    "Typical fit-out spec: High-end ($39000–58000/sqft).",
    "Plan ~215 sqft per seat for headcount sizing.",
    "Class A rent context: 1500 PHP/sqft ($28 USD).",
    "Typical lease: 3 years with 5 months rent-free.",
    "Talent depth in Manila: 76/100."
  ],
  "keyFacts": {
    "city": "Manila",
    "industry": "Real estate and infrastructure",
    "naics": "531, 237",
    "preferredSubmarket": "Bonifacio Global City (BGC)",
    "preferredFitoutSpec": "High-end",
    "fitoutBand": "$39000–58000/sqft",
    "sqftPerSeat": 215,
    "classARentLocal": "1500 PHP/sqft/yr",
    "classARentUsd": "$28/sqft/yr",
    "vacancyPct": "22.6%",
    "typicalLeaseYears": 3,
    "typicalRentFreeMonths": 5,
    "talentIndex": 76,
    "corporateTaxPct": "25%"
  },
  "faqs": [
    {
      "question": "Where do real estate and infrastructure occupiers lease office space in Manila?",
      "answer": "Most cluster in Bonifacio Global City (BGC). Rent runs ~1500 PHP/sqft ($28 USD) for trophy and prime stock."
    },
    {
      "question": "What fit-out spec do real estate and infrastructure occupiers run in Manila?",
      "answer": "Typically high-end at $39000–58000/sqft."
    },
    {
      "question": "How much office space per seat should a real estate and infrastructure occupier plan in Manila?",
      "answer": "Plan ~215 sqft per seat blended. A 100-person team typically takes 21,500 sqft."
    },
    {
      "question": "What NAICS codes describe the real estate and infrastructure vertical?",
      "answer": "Representative NAICS 2022 codes: 531, 237."
    },
    {
      "question": "What is the talent index in Manila?",
      "answer": "76/100. Use the city profile for full detail."
    }
  ],
  "pageType": "city-industry",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/manila/industries/real-estate), updated 2026-04-15T00:00:00.000Z."
}