Many companies are realizing the benefits of getting office spaces for rent in Ortigas. As the second most important business district in Metro Manila, Ortigas offers competitive if not better office space alternatives compared to Makati, the premier business district in the country.
Here are 4 factors that make office space for rent in Ortigas a better alternative.
Ortigas offer better office space rental rates than either Makati or the Fort. It is not surprising to find lease rates at 30-45% below the rates of comparable office buildings in Makati. By virtue of location, even older buildings charge a higher rate in Makati while you can already get a better office space in Ortigas for the same price.
For many companies that provide corporate housing for their local and expatriate employees, the lower lease rates also apply to residential leases, saving companies thousands of pesos every month. This translates to huge monthly cost savings for companies that relocate to Ortigas making it easy to justify the move.
Ortigas is in the middle of Metro Manila making it more accessible to residents in the North and East of Metro Manila such as Quezon City, Caloocan, Pasig, Marikina and Rizal.
This central location cuts down travel time for employees living in the north and eastern parts of Metro Manila. Companies relocating to Ortigas find favorable feedback from their employees living in these areas.
Traffic in Makati already adds 30 minutes to an hour of one-way travel time. Employees can surely appreciate the extra hour or two that they save on travel time. This is not saying that Ortigas does not have traffic, it also does especially during rush hour.
Employees are not the only ones that benefit from the central location. Potential clients and customers will also appreciate the accessibility of the company. Customers will definitely be looking for businesses that can conveniently provide goods and services to their customers.
Therefore, accessibility is a very important consideration in choosing an office space to rent.
There are similar business and commercial facilities available in Ortigas center. It has plenty of PEZA-accredited office space for rent for BPOs and Call Centers. Major commercial banks and financial institutions have offices in Ortigas.
Major commercial centers and malls operate in Ortigas – SM Megamall, Robinsons, Shangri-La and Podium.
Office spaces for rent in Ortigas have the same features – high-speed fiber optic networks, backup power, reliable security, low-crime and access to many conveniences.
Access to Talent
Companies have access to similar talent level as that of Makati. For the BPO and Call Center industries, Ortigas has an even higher concentration of talent available since Ortigas is considered the call center capital of the country.
Put out a hiring sign in Emerald Avenue and you can easily get a long line of candidates checking your job opening ad. There is no shortage of talent in Ortigas.
Because of its central location and accessibility, Ortigas attracts top talent just as well as Makati. In fact, top corporations have head offices or major subsidiaries in Ortigas – San Miguel, BDO, Emerson Network Power, IBM, Sykes and Pacific Hub to name a few.
The 4 factors mentioned above – better rates, centrally-accessible location, available facilities and access to talent – make Ortigas center a highly desirable location for businesses and companies seeking to setup an office in Metro Manila.
These factors combined make office space for rent in Ortigas a great alternative for companies looking for better options.