Manila ranked 26^th most expensive city in Southeast Asia in terms of premium office space occupancy costs

Manila ranked 60th out of 134 real estate markets in the report published by real estate consultancy firm (JLL). The index measures and compare occupancy costs which include rent, service charges, and taxes of premium office buildings. Manila’s occupancy cost amounted to $41 per square foot per year, making it 26th most expensive premium office space among 36 East and Southeast Asian cities included in the report.