Makati CBD is a trophy-tier Manila submarket with average asking rent around ₱1,600/sqm/mo · ≈ $30.3 PSF/yr USD.

  • Average asking rent: ₱1,600/sqm/mo · ≈ $30.3 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: ₱1,500/sqm/mo · ≈ $28.4 PSF/yr USD ($28 USD).
  • Citywide vacancy: 22.6% — submarket-level availability is typically tighter at trophy tier.

Makati CBD, Manila office rents and availability

Makati CBD is a trophy-tier Manila submarket with average asking rent around ₱1,600/sqm/mo · ≈ $30.3 PSF/yr USD.

TL;DR

  • Average asking rent: ₱1,600/sqm/mo · ≈ $30.3 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: ₱1,500/sqm/mo · ≈ $28.4 PSF/yr USD ($28 USD).
  • Citywide vacancy: 22.6% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

Makati CBD averages around ₱1,600/sqm/mo · ≈ $30.3 PSF/yr USD for Class A, against a citywide Class A index of 1500. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Established financial trophy core. Banking, insurance, professional services, government, embassies.

Key facts

cityManila
submarketMakati CBD
tiertrophy
averageRentLocal₱1,600/sqm/mo · ≈ $30.3 PSF/yr USD
cityClassARentUsd$28/sqft/yr
cityVacancyPct22.6%

Frequently asked questions

What is the average Class A rent in Makati CBD, Manila?
Around ₱1,600/sqm/mo · ≈ $30.3 PSF/yr USD. The citywide Class A index sits at ₱1,500/sqm/mo · ≈ $28.4 PSF/yr USD.

Related

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