Knight Frank: Manila ranks 3^rd most affordable office space in Asia-Pacific in Q4

The Philippine capital remained to be the 17th most affordable office space out of 82 markets in the report of the by real estate consultancy firm . The report compares occupancy costs* for office space across the world’s leading real estate markets. Manila’s occupancy costs for office space reached $32.56 per square foot (sq. ft.) a year, making it the third most affordable office space among 22 Asia-Pacific markets, after Kuala Lumpur, Malaysia (7th overall) and Jakarta, Indonesia (15th overall).