Makati CBD's tenant base is anchored by banking, insurance, professional services, government, embassies.
Makati CBD's tenant base is anchored by banking, insurance, professional services, government, embassies.
Banking, insurance, professional services, government, embassies.
Newcomers to Makati CBD should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.
| city | Manila |
|---|---|
| submarket | Makati CBD |
| tier | trophy |
| averageRentLocal | ₱1,600/sqm/mo · ≈ $30.3 PSF/yr USD |
| cityClassARentUsd | $28/sqft/yr |
| cityVacancyPct | 22.6% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.