Pasay is one of the important cities in the National Capital Region (NCR). Also known as the Gateway of Metro Manila, it has always been the hub of foreigners and expats because Pasay is the home of the Ninoy Aquino International Airport (NAIA). With this in mind, the business hubs in the city are ripe for investment and that includes the real estate industry in the city is always booming. The buildings for sale in Pasay are not only numerous but also varied in terms of their size and purpose. Partnered with the energetic lifestyle of Pasay filled with tourist attractions and hangout spots, companies that choose to set up shop in the city can expect a vibrant atmosphere that can help their business grow.
Pasay City is not just the home of Bay City but also the world-class destinations that are ideal for families and colleagues who want to chill after working hours. The following are some of the most popular destinations in the city:
Known as the biggest mall in the country and Asia, SM Mall of Asia has always been a landmark in Pasay City. It is not only famous for locals but also for foreigners to stroll and shop at this mega-complex. It houses a wide variety of international and local brands, an IMAX theater, an ice skating rink, and a concert arena. If you want to have fun with your friends, the SM by the Bay Amusement Park has rides, restaurants, and a bar to unwind throughout the night.
The Dessert Museum, located in Pasay City, Philippines, is an innovative and interactive tasting adventure that takes visitors on a sweet journey through eight distinct, mouthwatering rooms. Each room is designed to transform your favorite sweets into an epic imaginative wonderland.
The Dessert Museum is housed on the ground floor of the stylish Conrad Hotel within S Maison Mall. It opened its doors on February 10, 2018, and has since been a hotspot for both locals and tourists alike. Each of the eight themed rooms is dedicated to a specific dessert, allowing visitors to indulge their sweet tooth while learning about the origins and making of these treats.
Upon entry, you'll be immersed in a world where every corner is a feast for your senses. The museum is not just about viewing exhibits; it's about engaging with them, experiencing them, and, most importantly, tasting them. The museum's concept is unique and quirky, making it one of Manila's latest must-visit destinations.
Are you looking for a cheap place to enjoy the day or on the weekends? Star City may be just the place that you are looking for. A famous amusement park in Pasay has a lot of rides for all ages. The famous rides that can be seen inside the premises are the following: Star Flyer, Star Frisbee, and Jungle Splash. The park also features a Snow World section where you can experience winter and see ice carvings. In addition to these attractions, there are various food stalls and souvenir shops available, making your visit more enjoyable.
One of the things to consider when looking at commercial property in any city is the environment of the city and its location. Pasay checks that because mentioned above are only a few of the things that are worth discovering in the city. Tenants and their employees will never get bored because there are dozens of activities outside of the office where they can bond after spending the whole day at the office.
Pasay is one of the booming cities in terms of Real Estate. According to Colliers Philippines, the cities of Pasay, Parañaque, and their shared Bay Area are currently one of the most sought locations in the Metro due to its connectivity, property, and the future it holds in the future. Here are some more of the benefits of owning a building in Pasay:
Pasay is surrounded by major thoroughfares that are linked to avenues connected to neighboring cities in the NCR such as Makati, Parañaque, Manila, and Taguig. Epifanio Delos Santos Avenue (EDSA) is a 54-kilometer-long avenue that passes along jey cities from Caloocan to Pasay.
Also, Pasay City is home to the Ninoy Aquino International Airport (NAIA) making it easier for business owners and their customers to travel in and out of the city conveniently. Especially open up opportunities for foreign investors and clients. Along the roads of Pasay and in malls there is a transportation terminal and the MRT-3 and LRT-1 Station are also just a few minutes away from business hubs which makes it great for commuters to go to the office and reach home on time.
In terms of buying a building for sale in Pasay, your tenants must be close to co-minded industries that help them grow in the long run. Pasay City is near prominent business districts in the country namely Makati Central Business District, Bay City, and Bonifacio Global City (BGC). These business districts are home to multinational corporations, top local companies, and startups. Having your building in Pasay allows your tenants to collaborate with these businesses easily, which could lead to partnerships, deals, and other opportunities.
Security is a top priority in Pasay City. The local government and private entities work together to ensure the safety of residents, businesses, and visitors. CCTV cameras are installed in strategic locations throughout the city, and regular police patrols are conducted to deter crime. In addition, many buildings for sale in Pasay come with security features, such as 24/7 security personnel, access control systems, and fire safety measures. This not only provides peace of mind for you as an owner but also makes your property more attractive to potential tenants.
Pasay's dynamic lifestyle and array of leisure destinations contribute to a high quality of life for both residents and employees. The availability of entertainment options, dining establishments, and recreational facilities creates a well-rounded urban experience.
Owning a building in Pasay offers the potential for long-term financial growth, business success, and a vibrant urban lifestyle. The city's strategic location, economic prospects, and commitment to security make it a prime destination for businesses seeking to establish a strong presence in Metro Manila. As Pasay continues to evolve, the real estate market is poised for exciting opportunities and prosperity.
There are dozens of locations where top-notch commercial buildings can be seen, but the famous ones are situated along EDSA. Owning a commercial property in EDSA offers a host of benefits. An office building in EDSA is a great investment due to its position in the Metro. The MRT-3 Taft Station and LRT-1 EDSA Station are helpful for commuters. There are also transportation options passing through the avenue to help residents, professionals, and students reach their destination.
The office buildings in EDSA are also just a few minutes away from commercial developments and key landmarks perfect for friends and colleagues to have an electrifying nightlife in Pasay. More than that EDSA has always been vital in connecting several cities of Metro Manila that has been important not just for the economy of the respective but also for the country as a whole.
Are you looking for a commercial property in the Metro? Don’t overlook Pasay City. The office buildings in the city have a lot of potential from the start. A property close to key hubs and distinguished landmarks can have a long-term effect on the companies that will reside on your property. The perfect location says it all and Pasay is one of the ideal spots to seize the opportunity of a booming market.
In total, there are 7 building for sale in Pasay. The average price for a commercial property for sale in this location is ₱264,896 per unit. The most expensive sales price for a commercial property here costs about ₱270,833 while the most affordable sales price is about ₱261,355.
You may find the most expensive and luxurious building for sale in Pasay at Macapagal Bay and EDSA. While you can find classy yet affordable ones at Macapagal Bay and Diosdado Macapagal Blvd..
Below are the average sales prices according to the property conditions in this location.
Property Conditions | Average Floor Area/SQM | Average Sales Price |
---|---|---|
Bare shell | 1,652sqm | ₱150,000,000 |
These properties are fully equipped with the following amenities and unit features: