What Makes Makati City the Best Investment Hub in Metro Manila

From a swampland colony in Pre Hispanic era, Makati has come a long way to becoming a commercial and financial pot of Metro Manila since the 70's. Makati city is geographically divided among three areas-- The Poblacion town, Central Business District and Fort Bonifacio. The booming office space for rent in Makati, with its highest recorded growth in 2006 could be dissected to several factors such as the city's infrastructure and physical resources, economic structure, proximity to government institutions and tourist friendly city accommodation.

Based on the investment worth between the period of 2004 and 2010, Makati city house the top 100 corporations listed by Board of Investment (BOI).The large concentration of multinational and local headquarters could be accounted to the globally competitive amenities offered to its residents. Take for example the 2.75 million square meters of office space in 2010 which is 60% of the total inventory of prime commercial space in Metro Manila and is 5.56 times bigger than that of the second largest Bonifacio Global. This optimized the growth rate of several establishments in the city ending at 2.30%, with 4.40% growth in real estate particularly. This prompted a vitalized industry for commercial realty and Makati office for rent wide listings.

The city has been successful in its development agenda with the number of Business and Foreign Support Institutions namely an almost 3,800 bank and financial companies, 41 PEZA-Registered IT Buildings, 48 shopping malls, 47 embassies, 40 Consulates and 20 International Organizations. It is also one of the main reasons why it adopted the bid to being the country's "Urban Tourism Capital." The world class amenities attracted not only expatriates but also tourists given the flock of several five star hotel infrastructures and restaurants. Also, the untiring city lights which seem to go lively more at night shows confidence in the police units which is cited to be the country's best since 2004.

Despite the growing competitiveness of neighboring cities due to the congestion and overwhelming traffic concerns in Makati, the city continues to appreciate in value making it still one of the best preferred business destination across Metro Manila.

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