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Condominium for Sale in Ayala Avenue
Alveo Financial Tower
Things to Consider:
The Makati Central Business District (CB) is still the financial heart of the Philippines.
Ayala Avenue is still Ayala Avenue. It is the main artery of the Makati CBD.
Office space supply in the Makati CBD will remain tight given the lack of new inventory coming in. No new office space inventory will come in from 2015 to 2017.
How Much is the Yield for Office Space in Makati?
As we previously reported, Premium office spaces in Makati command a monthly lease rate of P1,200 per sqm while Grade A office buildings pull in P900 to P1,000 per sqm. This is based on 2015 lease rates.
For a more specific comparison of premium office lease rate...