EXCERPT

Latest data from Lamudi revealed double-digit growth in rentals in the first quarter of 2022 compared to the fourth quarter of 2021 for warehouses, offices and buildings after PEZA issued the order.

According to its recent report, commercial business district (CBD)-hosting cities in Metro Manila are brewing with strong commercial property appetite, with upticks in residential rental inquiries in the same period pointing to a return to the metro as employees gear for face-to-face work.

It revealed that in the financial capital of the country which is Makati, the P100,000 to P200,000 price range attracted the largest share of leads for commercial properties to rent in the first quarter, followed by offices, buildings and retail as the most popular commercial sub-categories.

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