Quezon City is emerging as a cost-effective alternative to Makati for companies seeking flexible office space, with seat rates ranging from P8,500 to P12,000 compared with as much as P36,000 in the Makati central business district, according to property consultancy Savills Philippines, as reported by BusinessWorld.
The price advantage comes as businesses continue to refine hybrid work arrangements and seek more affordable locations amid rising operational costs. Quezon City’s competitive rates are attracting tenants from various sectors, including BPOs, tech firms, and traditional corporations looking to optimize their real estate portfolios.
Analysts note that the migration to Quezon City could reshape the Metro Manila office market, easing demand pressure in Makati and potentially stabilizing rental prices across the region. The trend also highlights the growing importance of decentralized business districts in the post-pandemic landscape.