by easypropertymatch Choosing the right location is one of the biggest decisions for any business owner. In Metro Manila, lease rates vary widely depending on the district, accessibility, and whether the space is inside a premium mall or a secondary street-level property. Below is a snapshot of average monthly commercial retail lease rates per square meter (sqm) as of 2026
Metro Manila remains the country’s retail powerhouse, with lease rates varying significantly across districts. Choosing the right location is critical for balancing foot traffic, brand positioning, and long-term profitability. Based on Easy Property Match’s internal database and market monitoring, here’s a breakdown of current average monthly lease rates per square meter (sqm).
Commercial Retail Space Lease Rates
| Location | Low End (₱/sqm) | High End (₱/sqm) |
|---|---|---|
| BGC (Taguig) | 2,200 | 4,500+ |
| Makati CBD | 1,800 | 3,800+ |
| Ortigas (Pasig) | 1,200 | 2,500 |
| Pasay (MOA/Bay Area) | 1,500 | 3,000 |
| Quezon City | 1,000 | 2,200 |
| Alabang (Muntinlupa) | 800 | 2,000 |
| Mandaluyong / Parañaque | 900 | 2,000 |
Disclaimer: Data presented here is based on Easy Property Match’s internal database and market monitoring. Figures are estimates only and provided for general guidance. Actual lease rates may vary depending on negotiations, building policies, and market conditions. This article does not constitute legal, architectural, or financial advice.
2. Key Broker Insights by District
- BGC (Taguig): The most expensive retail hub, with flagship stores and premium malls charging ₱4,500+/sqm. Popular for lifestyle brands, cafés, and high-end dining.
- Makati CBD: Still a prime choice for corporate-driven retail, with rates between ₱1,800–₱3,800/sqm.
- Ortigas (Pasig/Mandaluyong): More affordable than BGC/Makati, averaging ₱1,200–₱2,500/sqm, ideal for mid-market restaurants and showrooms.
- Pasay (MOA/Bay Area): Strong foot traffic from Mall of Asia and nearby developments, with rates at ₱1,500–₱3,000/sqm.
- Quezon City: A mix of community malls and lifestyle centers, ranging ₱1,000–₱2,200/sqm.
- Alabang / Parañaque: More suburban, with rates from ₱800–₱2,000/sqm, attractive for strip malls and family-oriented retail.
3. Factors Affecting Lease Rates
- Foot Traffic: Premium malls and CBDs command higher rents due to guaranteed customer flow.
- Accessibility: Proximity to MRT/LRT stations or major roads increases value.
- Tenant Mix: Spaces in malls with strong anchor tenants (supermarkets, cinemas) often cost more.
4. Budgeting Beyond Rent
Business owners should also factor in:
- CUSA Fees (Common Usage Service Area): ₱150–₱450/sqm monthly for maintenance and security.
- Escalation Rates: Expect 5–10% annual rent increases.
- Fit-Out Costs: ₱25,000–₱40,000/sqm for bare shell units; ₱50,000+/sqm for restaurants.
5. Practical Takeaway for Business Owners
- Premium hubs (BGC, Makati, MOA) are best for established brands with strong capital.
- Ortigas, QC, Alabang, Parañaque offer more affordable entry points for growing businesses.
- Always factor in hidden costs (CUSA, fit-out, escalation) when calculating ROI.
Ready to Start Your Business?
Finding the right retail space in Metro Manila can make or break your success. Whether you’re launching a café, expanding a showroom, or opening a flagship store, Easy Property Match is here to guide you every step of the way.
📞 Contact Easy Property Match today at +63 919 068 6 068 for expert assistance in securing the right space for your business.
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