What do you need the space for?
A traditional office space for rent in Manila will typically be in a bare or semi-fitted state and involves a contract between a landlord and a tenant or a tenant and subtenant. These are fixed, long-term contracts with a standard commitment of at least 2 years, and will involve higher initial costs than a coworking space or serviced office. A large portion of this cost comes from fitting out the space with furniture, cabling, internet connectivity, partitions, etc.
However, some traditional office spaces in Manila can have furniture from previous tenants that new tenants can take on as their own. Regardless of the state of the office, rent will be based on a square foot basis rather than a per desk basis as with flexible workspaces.
If your business is looking for a permanent location that you can call your own, and you can afford to make the necessary investments, then a traditional office space is what you’re looking for. Here you can fully design the space to match your unique business needs as well as reflect your branding and maintain full privacy and security.
Even though initial costs are much higher in comparison to more flexible options, traditional offices in Manila can be more cost-effective in the long-term as it gives you full control over what you’re paying for. It is the ideal option for established businesses with a stable growth trajectory who want an office in areas such as Makati, BGC, Ortigas, Pasig, Quezon City, etc.
As mentioned earlier, the standard commitment for a traditional office lease is 2 years. However, this can be anywhere between 1 year to 5 years, with potential higher discounts on longer leases. There can also be rent free periods to allow businesses to move in and set up their office before they start working. Another point to note, is the potential for longer leases in Manila to include break periods.
FlySpaces is the largest online marketplace for workspaces in Southeast Asia. We are partnered with hundreds of spaces in Manila alone. We aim to be your long-term business partner, with the widest range of traditional office options in Manila and partnerships with the largest developers, real estate agents, and landlords, we can provide you with the best options to match your business needs.
Integrating technology, expertise, and full-support throughout your office search, our local Space Experts will be working for you to ensure you find the perfect office space in Manila.
If you’re ready to find your new office, or have a couple more questions, get in touch with us and our Space Experts will gladly help you out.