office-space for sale in Quezon City

Office Spaces for Sale in Quezon City

 

Your Next Business Address Awaits in Quezon City

 

The commercial district of Quezon City, often referred to as “QC” or “Kyusi,” is the largest city in the Philippines by population and one of the constituent cities of Metro Manila. It’s a bustling metropolis with a rich history and a significant role in the country’s economy, culture, and governance. The city is deeply ingrained in the collective mind of Filipinos, serving as a central reference point in Metro Manila due to its diverse offerings in shopping, education, and entertainment.

 

Quezon City was founded on October 12, 1939, and named after Manuel L. Quezon, the second President of the Philippines. It was envisioned as the future national capital, designed to replace Manila, which was grappling with overcrowding, inadequate housing, poor sanitation, and traffic congestion. From 1946 to 1972, Quezon City indeed served as the country’s capital, before the seat of government was returned to Manila.

 

To establish Quezon City, several areas were carved out from neighboring towns like Caloocan, Marikina, San Juan, and Pasig, along with large estates acquired by the Philippine government. This expansion continued, including the integration of Novaliches from Caloocan and parts of San Mateo and Montalban.

 

As of the 2020 census, Quezon City had a population of nearly 3 million people, making it the most populous city in the Philippines. It covers a vast area of 16,112.58 hectares, approximately one-fourth the size of Metro Manila. The city is home to a diverse population, comprising residents from all walks of life, which leads to a vibrant and multifaceted community. Quezon City boasts strong human resources, with a large pool of skilled and educated people contributing to its economic potential and attractiveness for investments.

 

The city is home to major universities, enhancing its attractiveness for investments. Quezon City is a major economic powerhouse, leading the economy of the National Capital Region. In 2023, its Gross Domestic Product (GDP) was estimated at PHP 1.27 trillion, accounting for 19.3% of the NCR’s economy.

 

Places to Visit in Quezon City

 

In addition to a variety of office spaces available for sale, Quezon City offers an impressive array of attractions, ranging from historical landmarks and cultural sites to vibrant entertainment hubs and tranquil natural retreats. Here are some must-visit destinations that showcase the city's unique character and charm:

 

Quezon Memorial Circle

 

At the heart of Quezon City lies the Quezon Memorial Circle, a national park and shrine dedicated to the second Philippine President, Manuel L. Quezon. This expansive circular park is dominated by a towering 66-meter mausoleum that enshrines Quezon's remains. Beyond its historical significance, the circle is a vibrant public space where locals and tourists alike can enjoy various activities. It features lush green spaces perfect for picnics and leisurely strolls, a small amusement park called "Circle of Fun" with rides, a children's playground, and areas for biking and jogging. Within the park, you can also find the Museo ni Manuel L. Quezon, the Quezon Heritage House (a reconstructed version of Quezon's original home), and the interactive Quezon City Experience (QCX) museum, all offering insights into the city's history and its namesake president.

 

Eastwood City

 

Eastwood City is a modern, 18.5-hectare mixed-use development in Bagumbayan that pioneered the "live-work-play" concept in the Philippines. It's a bustling urban hub known for its dynamic mix of residential, commercial, and entertainment establishments. Visitors can explore the Eastwood Mall for a wide array of shopping options, from international brands to local boutiques. Eastwood Citywalk I and II offer a vibrant dining and nightlife scene with numerous restaurants and bars. The complex also features the Eastwood Central Plaza, a popular venue for live performances and events. It's also recognized as the country's first IT park, housing various business process outsourcing (BPO) companies. With its pedestrian-friendly layout and continuous events, Eastwood City provides a lively cosmopolitan experience.

 

La Mesa Eco Park

 

La Mesa Eco Park serves as a crucial green lung for Metro Manila, offering a natural oasis within the bustling city. Located within the La Mesa Watershed Reservation, which is the primary source of drinking water for the city, this expansive park is dedicated to environmental preservation and outdoor recreation. Visitors can immerse themselves in nature with activities like hiking, bird watching, and picnicking. The park also features an eco-pool for swimming, horseback riding, fishing, and boating on the lagoon. It's an important educational center for environmental awareness, providing a serene escape and a chance to connect with nature amidst an urban landscape.

 

Art in Island

 

Art in Island in Cubao is a unique and interactive 3D art museum, distinguishing itself from traditional galleries by encouraging visitors to become part of the artwork. As Asia's largest 3D trick art museum, it features over 200 hand-painted 3D murals and paintings that create optical illusions, allowing visitors to pose and take creative photos that make them appear as if they are part of the scene. From running from dinosaurs to appearing in a snow globe, the museum offers countless imaginative photo opportunities. It's a fun and engaging destination for families and friends, breaking down the conventional barriers of art viewing and fostering a playful approach to artistic appreciation.

 

University of the Philippines Diliman

 

The University of the Philippines Diliman (UPD) is the flagship campus of the University of the Philippines System and a leading research university in the country. Spanning 493 hectares in the commercial district of Diliman, the campus is not just an academic institution but also a significant cultural and recreational space. Visitors can explore its sprawling grounds, which feature a blend of old and new architectural styles, tree-lined avenues, and various public art installations. The campus is a popular spot for jogging, biking, and leisurely walks, especially around its iconic Academic Oval. UPD also houses several museums and art galleries, such as the Vargas Museum, showcasing a diverse collection of Filipino art and historical artifacts, making it a place of intellectual and cultural enrichment.

 

Why Operate Business in Quezon City?

 

Quezon City presents a compelling environment for businesses seeking growth and stability in the Philippines. The robust market for commercial property sale Quezon City offers a wide range of office spaces and investment opportunities, making it an attractive destination for businesses and investors alike. Here’s a breakdown of why operating a business in Quezon City is a strategic choice:

 

Strategic Location and Accessibility

 

Quezon City is the largest city in Metro Manila by land area and population, making it a central hub. Its strategic location offers excellent connectivity to various parts of Metro Manila and even to northern provinces. Major transportation routes, including existing LRT/MRT lines and upcoming projects like the Metro Manila Subway and MRT-7, enhance accessibility for employees and clients, reducing commuting time and improving overall efficiency. This makes it a prime location for businesses aiming for widespread reach.

 

Thriving Economy and Diverse Industries

 

Quezon City boasts a vibrant and diverse economy that plays a vital role in the National Capital Region's GDP. It serves as a key center for multiple industries, including retail and commercial real estate with major malls like SM North EDSA and Trinoma; business process outsourcing and IT hubs such as Eastwood City and UP-Ayala Technohub; healthcare and education sectors supported by top hospitals and prestigious universities; and media and entertainment, being home to major broadcasting networks. This dynamic mix creates a competitive and thriving environment, attracting skilled professionals and fostering business opportunities across various fields.

 

Large Consumer Base and Workforce

 

With a population of over 3 million residents and a significant young workforce, Quezon City offers a vast consumer base with considerable disposable income. This large pool of potential customers and a readily available, skilled labor force are crucial advantages for any business looking to establish or expand its operations. The presence of numerous educational institutions also ensures a continuous supply of fresh talent. 

 

Business-Friendly Environment and Incentives

 

The Quezon City government actively fosters a pro-business environment by streamlining registration processes and offering attractive incentives. The updated Quezon City Economic Development Incentives Code (Ordinance No. SP-3296, S-2024) provides medium and large enterprises with benefits such as up to two years of tax exemptions on business, amusement, franchise, and real property taxes, with possible extensions for priority sectors. Additional incentives include a 10-year tax exemption on situs tax for businesses relocating their principal offices to the city and a 10% loyalty discount on situs tax for businesses operating 15 years or more. These initiatives, combined with the city's commitment to ease of doing business, make Quezon City an appealing destination for investors.

 

Robust Infrastructure and Development

 

Quezon City has a well-developed infrastructure and continues to see significant development projects. Beyond transportation, this includes modern commercial and residential spaces, reliable utilities, and digital connectivity. The presence of mixed-use developments fosters a live-work-play environment that attracts residents and employees, further boosting the local economy.

 

In summary, Quezon City's strategic location, diverse and thriving economy, large consumer and labor market, supportive government with attractive incentives, and continuous infrastructure development make it a highly attractive and advantageous location for businesses to operate and flourish.

 

Frequently Asked Questions about Buying an Office Space in Quezon City

 

How to get to Quezon City?

 

Quezon City is highly accessible from different areas across Metro Manila. Commuters can take buses, including convenient Point-to-Point (P2P) routes, which offer direct services to various parts of the city. Taxis are widely available for hassle-free travel to your desired destination. For those driving, major thoroughfares like EDSA and the North Luzon Expressway (NLEX) provide smooth and efficient access. Additionally, the Metro Rail Transit Line 3 (MRT-3) serves multiple stations within Quezon City, offering a reliable and convenient option for daily commuters.

 

How much does it cost to buy office space in Quezon City?

 

Quezon City is the largest city in Metro Manila in terms of land area. Popular locations for commercial properties in Quezon City include Tomas Morato, Cubao, Katipunan Avenue, and E. Rodriguez Avenue. The city offers a variety of commercial real estate options, such as warehouses, parking facilities, and vacant lots ready for development. There are also a wide range of lot sizes available for sale in Quezon City, with lots suitable for various commercial purposes and price ranges to fit different budgets. Office spaces in Quezon City vary significantly in price based on location and type. Large commercial spaces in Quezon City can exceed 1000 square meters, with 87 available for sale. The average price for a commercial property for sale in this location is ₱110,000 per unit. Common features of office buildings in Quezon City include parking, air conditioning, and security services.

 

Is it safe to operate in Quezon City?

 

Quezon City ranks among the best in Asia in terms of economic potential. Quezon City is generally safe for business operations. The local government has implemented various measures to ensure a secure environment for businesses, including regular inspections and compliance with safety regulations. Additionally, the city's business-friendly policies and supportive community contribute to a conducive environment for business growth.

 

What are the typical payment terms for office spaces for sale in Quezon City?

 

Payment terms can vary depending on the developer or seller. Common options include spot cash, deferred cash, and bank financing. Some sellers may also offer in-house financing or flexible payment schemes.

 

Are there any taxes or fees involved in purchasing an office space?

 

Yes, buyers should expect to pay documentary stamp tax, transfer tax, registration fees, and notarial fees. It’s advisable to consult with a real estate professional to get a detailed breakdown of all costs involved.

 

How can I receive updates or information about available office spaces for sale in Quezon City?

 

You can receive updates or information by subscribing to our property alerts, contacting our agents directly, or signing up on our website. We regularly send out the latest listings and updates to help you stay informed about new office spaces for sale in Quezon City.

 

Your Next Business Address Awaits in Quezon City, the largest city in the Philippines by population and one of the constituent cities of Metro Manila. With its vast size, diverse talent pool, and ongoing infrastructure development, Quezon City presents a dynamic and accessible environment for businesses looking to thrive.

 

Discover your ideal office space in Quezon City. HousingInteractive, the Philippines' first property portal, is dedicated to delivering comprehensive property solutions for your business. Explore our listings today and find the perfect location to establish or expand your presence in this bustling metropolis.