Looking for an Office Space in the Metro? Consider Ortigas CBD
Posted by Ortigas and Company
Date posted August 5, 2019
Metro Manila is one of the prime business destinations in Asia. The city, in recent years, has picked up some steam and became an emerging global city like Jakarta, Shanghai, and Seoul. In fact, UK-based Oxford Economics predicts that Metro Manila will be the 9th fastest-growing city in the Asia-Pacific from 2018-2022, according to its report published in Inquirer Business.
Apart from being on that list, Metro Manila is a strategic location for both government offices and commercial spaces due to the types of property available, accessibility, and availability of space.
If your business is looking to rent office space in the metro, consider leasing one of the available commercial spaces in Ortigas. Here are great reasons to go for this location:
Affordable Lease Rates
Office spaces in Metro Manila, according to the Philippine News Agency, are becoming more expensive. Makati CBD, for instance, has the highest weighted average lease rate at 1,419.68 pesos per square meter per month. Ortigas CBD, on the other hand, is becoming the least costly market for office space. Its weighted average lease rate is 698.72 pesos. Small businesses and start-ups with a tight budget can opt for the lower rates in Ortigas.
Situated at the boundaries of Quezon City, Mandaluyong, and Pasig, Ortigas is unquestionably accessible. Getting to the central business district, in fact, is easy. Professionals working here can commute to Ortigas Center via the following:
- Metro Railway Transit (MRT) along EDSA – If they’re coming from EDSA-Taft Avenue or North Avenue, they can opt to take the train to Ortigas Station.
- Bus – Those coming from the South can ride a bus going to Fairview or Monumento and disembark at Ortigas. On the other hand, those coming from the North can take a bus going to Baclaran and get off in Ortigas.
- Jeepney – Some jeepneys in the Cainta Junction have EDSA Central as one of their stopovers. Additionally, those coming from the city of Mandaluyong can ride a jeep bound for a mall in EDSA-Shaw. From there, they can take the overpass and walk towards their destination.
- FX – They can ride this PUV in LRT-2 Pureza Station going to major malls in Ortigas. There are also FXs in Quiapo, which goes directly to Ortigas Center. · Subway – The proposed Metro Manila Subway Project (MMSP) will have two stations that will make Ortigas Center more accessible to the public. The first is the Ortigas North Station, whose future location will be in front of Ortigas Building. The second is the Ortigas South Station, which will be in Capitol Commons.
The streets in Ortigas are well lit throughout the night. There are police officials riding in their motorcycles who are visible in nearly every street. Employees working in the graveyard night can enjoy peace of mind knowing that they’re safe as they walk to their place of work. Additionally, Ortigas have overpasses that help keep people safe. In October 2017, three of these walkways opened in Ortigas Center as part of the efforts by the local government and the private sector to make urban cities friendlier to pedestrians. With these convenient bridges, professionals can safely and easily reach the other side without having to walk through the large roads of the central business district.
Ortigas Center is a bustling nest of industries, from BPOs to banks. A few of the master-planned developments that offer commercial spaces for lease are The Offices at Estancia, Silver City, and The Glaston Tower. Get in touch with us today for more information about our real estate developments.