City di Mare, Cebu City, Central Visayas, 6000, Philippines
For Sale ₱493,640,000 - Commercial Lot
CEBU-1977-property 1505 Sqm

PROPERTY DESCRIPTION

This parcel sits within the Greenway Block of City di Mare, a master-planned commercial township inside South Road Properties (SRP), Cebu City.

FLI Block 1 Lot 1 represents a reference-grade City di Mare lot—neither the smallest nor the most premium, but a well-balanced option for developers prioritizing efficient density, long-term positioning, and planning clarity.

Located along the internal Greenway corridor, this lot benefits from proximity to the township’s landscaped linear park system while remaining insulated from heavy coastal traffic. It is suited for developments where operational efficiency and future flexibility matter more than landmark visibility.

Development Context

  • Block: Greenway Block
  • Environment: Park-adjacent, internal road exposure
  • Surroundings: Mid-rise to high-rise mixed-use developments within City di Mare
  • Character: Planned, controlled, long-horizon commercial environment

Zoning & Density

This lot allows for Office and/or Residential use, subject to City di Mare’s strict single-use-per-building floor policy. Mixed vertical use within the same building is not permitted.

  • Maximum FAR (Office): 10
  • Maximum FAR (Residential): 12
  • Minimum building height: 6 storeys
  • No maximum height, subject to CAAP clearance

(Full use conditions and restrictions apply.) 

Pricing Context (As of April 2025)

  • Lot Area: 1,505 sqm
  • Price per sqm (VAT exclusive): ₱328,000
  • Total List Price (VAT exclusive): ₱493,640,000

Pricing reflects:

  • Greenway location (non-coastal)
  • Park adjacency
  • Efficient lot cut suitable for institutional or single-owner development

Price excludes VAT and statutory transfer costs and is subject to change without prior notice. 

Additional Details

  • Township: City di Mare
  • Corridor: South Road Properties (SRP)
  • Block: Greenway Block
  • Lot Area: 1,505 sqm
  • Allowable Use: Office and/or Residential
  • Max FAR: 10 (Office) / 12 (Residential)
  • Building Height: Min. 6 storeys / CAAP-governed
  • Development Horizon: Long-term

Disclaimer:

All property information, including prices, unit sizes, features, and availability, is subject to change without notice. While reasonable care is taken to ensure accuracy, final details are confirmed during the reservation and contract process. Buyers are advised to verify current information prior to commitment.

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