Whole-Floor Office for Sale at Century Spire, Makati City
About this property
A whole floor of office space for sale at Century Spire, Makati, comprising 681.43 sqm on the 22nd floor formed from 13 combined units. The space is handed over as warm shell with air conditioning units installed and common toilets on the floor, leaving your layout entirely open. The 22nd floor gives a panoramic view across Makati. Thirteen parking slots are available separately at ₱1,000,000 each. Priced at ₱156,728,900 gross, inclusive of 6 percent creditable withholding tax plus 12 percent VAT, which works out to ₱230,000 per square meter, reduced from ₱290,000.
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The property yields 5.13% but the loan costs 8%. Borrowing above the yield pulls cash flow down, which is normal for prime assets bought for location and long-term value rather than immediate income. Raise the down payment, lengthen the term, negotiate the price, or achieve a higher rent to close the gap. A cash purchase returns the full 5.13%.
Estimates only — for illustration, not financial advice. Adjust the inputs to model your own scenario.
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