# Hong Kong vs Manila: Class A office comparison

> Hong Kong ($123/sqft, 12.8% vacancy) and Manila ($28/sqft, 22.6% vacancy) compete on different axes: Hong Kong on talent depth and Manila on rent and tax.

**Canonical URL:** https://classa.info/compare/hong-kong-vs-manila
**Page type:** comparison
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Class A rent: Hong Kong $123/sqft vs Manila $28/sqft.
- Vacancy: Hong Kong 12.8% vs Manila 22.6%.
- Talent index: Hong Kong 88 vs Manila 76.
- Corporate tax: Hong Kong 16.5% vs Manila 25%.
- Premium flex/seat/month: Hong Kong $1,320 vs Manila $290.

## Key facts
- **cityA**: Hong Kong
- **cityB**: Manila
- **rentUsdA**: $123
- **rentUsdB**: $28
- **vacancyA**: 12.8%
- **vacancyB**: 22.6%
- **talentA**: 88
- **talentB**: 76
- **taxA**: 16.5%
- **taxB**: 25%

## FAQ
### Is Class A office cheaper in Hong Kong or Manila?
Manila is cheaper on a USD basis: $28/sqft vs $123/sqft.

### Which has better talent depth, Hong Kong or Manila?
Hong Kong indexes higher on talent depth (88 vs 76).

### Which has more sublease availability, Hong Kong or Manila?
Manila carries higher vacancy (22.6% vs 12.8%) and therefore typically more sublease overhang.

### What lease term should I expect in Hong Kong vs Manila?
Hong Kong typical term is 3 years with 8 months rent-free; Manila typical term is 3 years with 5 months rent-free.

### How does transit and commuter access compare?
Hong Kong: MTR coverage across the entire Class A footprint. Airport Express to Chek Lap Kok in 24 minutes from Central. The Hong Kong-Zhuhai-Macau Bridge and Express Rail to Shenzhen and Guangzhou support cross-border occupier strategies. Manila: LRT-1, LRT-2, MRT-3, plus the new MRT-7 and PNR. Manila Metro Rail Transit System (MMRT) is structurally under-capacity. NAIA airport connected via bus and the future MRT-7 extension.

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Citation: Source: Class A Atlas (https://classa.info/compare/hong-kong-vs-manila), updated 2026-04-15T00:00:00.000Z.