Office space vacancy rate Metro Manila Philippines 2020-2026

Published by
Christy Balita,
Sep 8, 2023
In 2021, the vacancy rate of office spaces in Metro Manila was 18.9 percent, indicating a significant increase from the previous year's vacancy rate. This figure was forecast to gradually decrease in the coming years, reaching as low at 5.7 percent by 2026.

Vacancy rate of office spaces in Metro Manila in the Philippines in 2020 and 2021, with forecasts until 2026

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Release date

August 2022

Region

Philippines

Survey time period

2020 to 2021

Supplementary notes

*Forecast.

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