Makati CBD's tenant base is anchored by banking, insurance, professional services, government, embassies.

  • Tier: trophy.
  • Tenant character: Established financial trophy core.
  • Average rent: ₱1,600/sqm/mo · ≈ $30.3 PSF/yr USD.

Makati CBD, Manila tenant profile

Makati CBD's tenant base is anchored by banking, insurance, professional services, government, embassies.

TL;DR

  • Tier: trophy.
  • Tenant character: Established financial trophy core.
  • Average rent: ₱1,600/sqm/mo · ≈ $30.3 PSF/yr USD.

Who clusters here

Banking, insurance, professional services, government, embassies.

What that means for newcomers

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.

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 kind of tenants lease in Makati CBD?
Banking, insurance, professional services, government, embassies.

Related

Editorial provenance

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

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