For Sale ₱593,880,000 - Commercial Lot
Block 1, Lot 17 is a mid-block commercial parcel located within City di Mare, a 58-hectare master-planned township in South Road Properties.
City di Mare is positioned as Cebu’s next central business district, integrating commercial, residential, lifestyle, and open-space components into a single, controlled urban environment . Block 1 lots form part of the Greenway Block cluster, characterized by internal road access, proximity to linear parks, and development controls designed to favor vertical efficiency over roadside exposure.
Township Context: Why Block 1 Exists
South Road Properties has emerged as Cebu City’s primary expansion corridor due to land scarcity in the traditional CBDs and major infrastructure investments such as the Cebu South Coastal Road and CCLEX connectivity .
Within SRP, City di Mare represents the largest contiguous township development, with:
- Dedicated commercial zones
- Established residential communities (Sanremo Oasis and Amalfi)
- A lifestyle and retail anchor at IL Corso
- Integrated green spaces and pedestrian systems
Block 1 is intentionally not coastal and not highway-facing. Its role in the masterplan is to support office-led and mixed commercial buildings that benefit from internal circulation, walkability, and long-term tenancy rather than impulse traffic.
What Block 1, Lot 17 Is Designed For
Lot 17 is suited for developers and owner-operators planning:
- Office buildings
- Mixed-use commercial structures with single-use floors
- Institutional or corporate facilities requiring predictable planning controls
Under CDM lot guidelines, each building must maintain a single use per floor, reinforcing operational clarity and tenant compatibility . The lot’s allowable Floor Area Ratio (FAR) of 10 supports a vertical development strategy focused on usable gross floor area, not footprint maximization.
This makes the lot particularly relevant for:
- Lease-driven office projects
- Owner-occupied headquarters or campuses
- Developments aligned with medium- to long-term holding horizons
Development Controls You Must Account For
City di Mare enforces strict but transparent development rules, which reduce entitlement risk but also limit improvisation:
- Only one principal building per lot is allowed
- Prohibited uses include stand-alone entertainment venues, gas stations, cinemas, and similar high-friction operators
- Perimeter walls and fences are not allowed, preserving an open urban fabric
- Setbacks must be landscaped, with at least 75% soft landscaping
- Minimum building height is 20 meters (at least 6 storeys)
- No maximum height, subject to CAAP and applicable regulations
These rules are not negotiable. They are designed to protect long-term value across the township, not individual lot flexibility.
How Lot 17 Compares Within City di Mare
Compared to Coastal Block lots, which command higher FARs and visibility for landmark developments, Block 1 lots trade prominence for cost discipline and planning efficiency .
Compared to smaller Greenway lots, Lot 17 sits near the upper end of Block 1 lot sizes, making it viable for:
- Larger floor plates
- More efficient core-to-net ratios
- Institutional-scale occupancy
This is not a showcase site. It is a workhorse development parcel.
Who This Lot Is Not For
Block 1, Lot 17 is not suitable if your project depends on:
- Highway frontage or drive-thru access
- Iconic or landmark positioning
- Short-term flipping or immediate yield
- Entertainment-led or high-traffic retail uses
If those elements are essential, Coastal Block parcels or non-township sites will perform better.
Decision Framing
Block 1, Lot 17 makes sense when your priority is:
- Predictable density
- Enforced urban standards
- Long-term tenancy and operational stability
- Integration into Cebu’s next CBD rather than visibility theater
If those conditions align with your project, this lot deserves feasibility work.
If they do not, it is better to rule it out early.
Next Step
If you are comparing Block 1 lots within City di Mare or evaluating how this parcel stacks against Coastal or non-township options:
Request feasibility notes for Block 1 development lots.
This page is designed to help you decide — not to persuade.
Frequently Asked Questions
Can this lot be used for residential development?
Block 1 lots are designated for commercial or office use. Residential-only projects are not the intended use for this block and require separate evaluation under township guidelines.
Is retail allowed on the ground floor?
Retail components may be possible as part of a mixed-use commercial building, subject to masterplan and design approvals. Standalone retail concepts are not the primary use for this lot.
Is there a building height limit?
There is no fixed maximum height, subject to CAAP and applicable government regulations. A minimum height of 20 meters (at least 6 storeys) is required.
Can multiple buildings be constructed on this lot?
No. Only one principal building per lot is allowed, except for covered parking or essential service structures with prior approval.
Why is this priced lower than Coastal Block lots?
Block 1 lots are designed for internal, efficiency-driven developments, while Coastal Block lots are positioned for landmark buildings with higher visibility and higher allowable density.
Are perimeter walls or fences allowed?
No. Perimeter walls and fences are generally not permitted, in line with City di Mare’s open, walkable township design.
Is this suitable for short-term flipping?
No. This lot is structured for medium- to long-term development and holding, not short-term resale strategies.
Additional Details
- Township: City di Mare
- Corridor: South Road Properties (SRP), Cebu City
- Block / Zone: Block 1 (Greenway Block)
- Lot Number: Lot 17
- Lot Area: 2,020 sqm
- Allowable Use: Commercial / Office
- Maximum FAR: Office 10 / Residential 12
- Approx. Allowable GFA: ~20,200 sqm
- Minimum Building Height: 20 meters (min. 6 storeys)
- Maximum Building Height: Subject to CAAP
- Lot Configuration: Regular, mid-block
- Road Access: Internal township roads
- Frontage Type: Non-corner
- Development Horizon: Medium to long term
- Title Status: Title Status Under developer master title
- VAT: VAT exclusive
- Availability: Subject to confirmation
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.
