--- title: "Jakarta vs Manila: Class A office comparison" description: "Side-by-side Class A office comparison for Jakarta and Manila — rent, vacancy, talent, tax, lease norms, transit, and top submarkets." canonical: https://classa.info/compare/jakarta-vs-manila pageType: comparison lastUpdated: 2026-04-15T00:00:00.000Z license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)." --- > Jakarta ($27/sqft, 31.4% vacancy) and Manila ($28/sqft, 22.6% vacancy) compete on different axes: Jakarta on rent and tax and Manila on talent depth. ## TL;DR - Class A rent: Jakarta $27/sqft vs Manila $28/sqft. - Vacancy: Jakarta 31.4% vs Manila 22.6%. - Talent index: Jakarta 72 vs Manila 76. - Corporate tax: Jakarta 22% vs Manila 25%. - Premium flex/seat/month: Jakarta $290 vs Manila $290. # Jakarta vs Manila: Class A office comparison **Jakarta ($27/sqft, 31.4% vacancy) and Manila ($28/sqft, 22.6% vacancy) compete on different axes: Jakarta on rent and tax and Manila on talent depth.** ## TL;DR - [Class A](/glossary/class-a) rent: Jakarta $27/sqft vs Manila $28/sqft. - Vacancy: Jakarta 31.4% vs Manila 22.6%. - Talent index: Jakarta 72 vs Manila 76. - Corporate tax: Jakarta 22% vs Manila 25%. - [Premium flex](/topics/lease-vs-flex)/seat/month: Jakarta $290 vs Manila $290. ## Market data side-by-side | Metric | Jakarta | Manila| | Region | APAC | APAC| | Country | Indonesia | Philippines| | Class A rent (USD/sqft/yr) | $27 | $28| | Class A rent (local) | 380000 IDR | 1500 PHP| | Vacancy | 31.4% | 22.6%| | Trend | softening | softening| | Prime yield | 6.8% | 6.6%| | Premium flex / seat / month (USD) | $290 | $290| | Submarkets covered | 5 | 5| | Corporate tax | 22% | 25%| ## Lease norms | Metric | Jakarta | Manila| | Typical term | 3 yrs | 3 yrs| | Typical rent-free | 6 mos | 5 mos| | Lease norms | Net leases. 3-year terms with renewal options standard (HGU/HGB land tenure considerations apply). Free rent of 4-9 months on a 3-year deal. | Net leases. 3-5 year terms with renewal options standard. Free rent of 4-9 months on a 5-year deal.| | Tax note | 22% Indonesian corporate income tax. 11% VAT. R&D super-deduction available. Special Economic Zones offer tax holidays for qualifying activities. | 25% Philippine corporate income tax. 20% reduced rate for small companies. PEZA registration provides 4-7 year income tax holiday plus 5% gross income tax in lieu of all national and local taxes for qualifying export-oriented activities.| ## Talent | Metric | Jakarta | Manila| | Talent index (0–100) | 72 | 76| | Talent note | Deep banking, consumer goods, and resources talent. Strong feed from University of Indonesia, ITB, Gadjah Mada, and major private universities. Bahasa Indonesia and English bilingual professional base. | Deepest English-language BPO talent in Asia. Strong feed from University of the Philippines, Ateneo de Manila, De La Salle, and a deep network of universities. Excellent neutral English accent supports North American customer-facing operations.| ## Transit & commute **Jakarta:** MRT Jakarta (North-South Line, East-West under construction), LRT Jakarta, TransJakarta BRT, KRL commuter rail. Soekarno-Hatta Airport connected via Airport Rail Link. **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. ## Top submarkets — Jakarta - [**SCBD (Sudirman Central Business District)**](/cities/jakarta/scbd) — [trophy tier](/topics/trophy-asset-selection) · Rp460,000/sqm/mo · ≈ $32.3 PSF/yr USD - [**Sudirman CBD**](/cities/jakarta/sudirman-cbd) — trophy tier · Rp440,000/sqm/mo · ≈ $30.9 PSF/yr USD - [**Kuningan (Mega Kuningan)**](/cities/jakarta/kuningan) — trophy tier · Rp420,000/sqm/mo · ≈ $29.5 PSF/yr USD ## Top submarkets — Manila - [**Bonifacio Global City (BGC)**](/cities/manila/bgc) — trophy tier · ₱1,700/sqm/mo · ≈ $32.2 PSF/yr USD - [**Makati CBD**](/cities/manila/makati-cbd) — trophy tier · ₱1,600/sqm/mo · ≈ $30.3 PSF/yr USD - [**Ortigas Center**](/cities/manila/ortigas) — prime tier · ₱1,200/sqm/mo · ≈ $22.7 PSF/yr USD ## Decision criteria ### Pick by cost Jakarta is the cheaper Class A market on a USD basis. ### Pick by talent depth Manila has the deeper talent index (76/100 vs 72/100). ### Pick by tax Jakarta has the lower headline corporate tax (22% vs 25%). Local incentives can change the effective rate materially. ### Pick by lease optionality Jakarta typical term is 3 years with 6 months free; Manila runs 3 years with 5 months free. ### Pick by transit Jakarta: MRT Jakarta (North-South Line, East-West under construction), LRT Jakarta, TransJakarta BRT, KRL commuter rail. Soekarno-Hatta Airport connected via Airport Rail Link. 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. ## Run a 4-city comparison Score Jakarta, Manila and up to two more markets side-by-side on Class A rent, vacancy, talent, corporate tax, and premium flex pricing — all in USD. [**Run a 4-city comparison →**](/tools/city-comparator) ## Frequently asked questions ****Is Class A office cheaper in Jakarta or Manila?**** : Jakarta is cheaper on a USD basis: $27/sqft vs $28/sqft. ****Which has better talent depth, Jakarta or Manila?**** : Manila indexes higher on talent depth (76 vs 72). ****Which has more sublease availability, Jakarta or Manila?**** : Jakarta carries higher vacancy (31.4% vs 22.6%) and therefore typically more [sublease](/topics/sublease-strategy)">sublease overhang. ****What lease term should I expect in Jakarta vs Manila?**** : Jakarta typical term is 3 years with 6 months rent-free; Manila typical term is 3 years with 5 months rent-free. ****How does transit and commuter access compare?**** : Jakarta: MRT Jakarta (North-South Line, East-West under construction), LRT Jakarta, TransJakarta BRT, KRL commuter rail. Soekarno-Hatta Airport connected via Airport Rail Link. 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. ## Editorial provenance Reviewed by [**Kenji Watanabe**](/about/authors/kenji-watanabe) — APAC contributing editor. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards). ### Primary sources for this page - [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE - [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL - [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield - [Savills World Research](https://www.savills.com/research_articles/) — Savills - [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers [Full sources index](/about/sources) · [Submit a correction](/about/corrections) --- Citation: Source: Class A Atlas (https://classa.info/compare/jakarta-vs-manila), updated 2026-04-15T00:00:00.000Z.