Pasay City Commercial Real Estate 0 Listings
Pasay City: A Premier Destination for Commercial Real Estate
Introduction
Pasay City, strategically located in the heart of Metro Manila, is a burgeoning hub for commercial real estate (CRE) opportunities. Known for its vibrant economy and diverse industry clusters, Pasay City offers a unique blend of office, retail, and industrial spaces. With a population of over 400,000 and a robust economy driven by tourism, logistics, and retail sectors, the city stands out as a prime location for CRE investment.
Economic and Industry Overview
Pasay City's economy is anchored by major industries such as tourism, logistics, and retail. The presence of the Ninoy Aquino International Airport (NAIA) and the Manila Bay area positions the city as a vital logistics and distribution center. The tourism industry, bolstered by entertainment complexes like the Mall of Asia and various casinos, drives demand for retail and hospitality spaces. The Pasay City Government supports these sectors through regional economic development initiatives, fostering a conducive environment for business growth.
Strategic Location and Transportation Infrastructure
Pasay City's strategic location provides unparalleled connectivity through major highways like EDSA and Roxas Boulevard. The city is home to the Ninoy Aquino International Airport, the country's primary gateway, enhancing its appeal for businesses reliant on air travel and logistics. Additionally, the Philippine Ports Authority manages nearby seaports, facilitating maritime trade. The city's transport infrastructure supports seamless distribution and access to a vast labor pool, making it ideal for CRE development.
Commercial Real Estate Inventory & Zoning
Pasay City features diverse CRE submarkets, including the Central Business District (CBD), industrial corridors, and innovation districts. Key asset classes such as office, retail, and industrial spaces are prevalent. The city's zoning policies, available through the Pasay Zoning Office, provide incentives for developers, with specific overlays designed to encourage mixed-use developments. The interactive parcel map viewer allows investors to explore available properties.
Major Employers and Institutions
Prominent employers in Pasay City include major corporations like Philippine Airlines and SM Prime Holdings. The city's economic landscape is also supported by institutions such as the Philippine International Convention Center and the Department of Foreign Affairs. These organizations drive demand for office and hospitality spaces, contributing to the city's dynamic CRE market.
Notable Commercial Developments & Projects
Pasay City is witnessing significant commercial developments, including the Bay City project and the Entertainment City complex. These large-scale mixed-use developments, often realized through public-private partnerships, are transforming the cityscape. Investors can access detailed planning information through the Pasay Planning and Development Office.
Building Permits, Planning, and Development Tools
For developers and investors, Pasay City offers comprehensive resources through its Building and Safety Department and online permitting portals. The city's Planning Commission provides access to the development code and GIS tools, facilitating efficient project planning.
Market Data & Economic Reports
Pasay City's market data is enriched by public datasets available through census.gov and the city's open data portal. Brevitas leverages AI-powered aggregation to provide real-time insights, and our users can explore these insights through Brevitas-powered dashboards.
Why Use Brevitas for Pasay City CRE?
Brevitas offers a suite of AI-driven tools tailored for Pasay City's commercial real estate market. Our platform provides real-time market alerts, smart property pages, and dealroom collaboration. Unique features include auto-generated listing pages, email and landing page tools, and seamless integration with brokers and developers. Explore exclusive listings and gain premium exposure with Brevitas, the go-to marketplace for Pasay City CRE.
