For Sale ₱687,930,000 - Commercial Lot
Block 1, Lot 10 is a corner commercial lot located within City di Mare, positioned along internal collector roads inside South Road Properties.
While part of Block 1’s efficiency-driven zone, this lot benefits from dual frontage, improved visibility, and a higher allowable value (AV) compared to mid-block parcels—making it suitable for developments that require stronger access and presence without the scale requirements of the Coastal Block.
Block 1 Context: Where This Lot Sits
Block 1 is intended for workhorse commercial developments inside City di Mare—projects that prioritize:
- Functional layouts
- Predictable density
- Long-term tenancy or owner-use
Lot 10 stands out within this block due to its corner configuration, which introduces additional design flexibility while still operating under Block 1’s disciplined development controls.
This is not a landmark site. It is a high-function corner asset.
What the Corner Condition Changes
Compared to internal Block 1 lots, Lot 10 allows for:
- Better ingress and egress planning
- Improved frontage orientation
- Stronger architectural articulation on two sides
At the same time, it retains Block 1’s cost and density logic, making it appropriate for developers who want presence without Coastal Block pricing or exposure obligations.
Development Use and Fit
Block 1, Lot 10 is well-suited for:
- Office buildings
- Institutional or corporate facilities
- Mixed commercial developments with a single dominant use
Retail may be incorporated within a mixed-use building, subject to approvals. Standalone retail concepts are not the intended use.
Development Controls You Must Respect
All Block 1 lots, including Lot 10, are governed by City di Mare’s development rules, including:
- Single principal building per lot
- One use per floor (no alternating uses by level)
- Prohibited standalone uses such as gas stations, cinemas, entertainment clubs, grocery stores, and similar operators
- No perimeter walls or fences
- Landscaped setbacks required, including enhanced treatment for corner setbacks
- Minimum building height of 20 meters (at least 6 storeys)
- Maximum height subject to CAAP and applicable regulations
These controls ensure Block 1 remains cohesive, open, and commercially viable over the long term.
How This Lot Compares
Compared to Block 1 internal lots
- Better access and frontage
- Higher AV
- Slightly higher acquisition cost
- More architectural flexibility
Compared to Coastal Block lots
- Lower FAR
- Lower visibility expectations
- Lower capital exposure
- Easier feasibility for office-led projects
This lot sits squarely between efficiency and presence.
Who This Lot Is Not For
Block 1, Lot 10 is not suitable for:
- Landmark or skyline-driven developments
- Coastal visibility strategies
- Low-rise or retail-only concepts
- Buyers unwilling to comply with design and landscaping controls
If your project depends on highway exposure or iconic positioning, the Coastal Block is the correct category.
Decision Framing
Block 1, Lot 10 works best when:
- You want corner flexibility without coastal pricing
- Office or institutional use drives feasibility
- Predictability matters more than visibility
If those conditions align, this lot fits cleanly. If not, it’s better to re-route early.
Frequently Asked Questions
City di Mare — Block 1, Lot 10
Is Block 1, Lot 10 a corner lot?
Yes. Lot 10 is a corner lot within Block 1, giving it dual frontage along internal collector roads inside City di Mare.
How does this differ from other Block 1 lots?
Compared to mid-block parcels, Lot 10 benefits from:
- Improved access and circulation
- Greater frontage flexibility
- Higher allowable value (AV)
However, it remains an internal Block 1 lot, not a Coastal Block site.
Is this considered a prime or landmark lot?
No. While the corner condition adds flexibility, this is not a landmark or skyline parcel. Developments here are expected to prioritize function, efficiency, and long-term use, not iconic visibility.
What types of developments are best suited for this lot?
This lot is best suited for:
- Office buildings
- Institutional or corporate facilities
- Mixed commercial developments with a single dominant use
Standalone retail concepts are not the intended use.
Is retail allowed on the ground floor?
Retail may be incorporated only as part of a mixed-use commercial building, subject to masterplan and design approvals. Pure retail or strip-style developments are not intended for Block 1.
What is the allowable density for this lot?
Block 1, Lot 10 has a maximum FAR of 10, supporting vertical commercial or office development while maintaining Block 1’s controlled density profile.
Is there a height limit?
There is no fixed maximum height, subject to CAAP and applicable government regulations. A minimum building 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. Ancillary structures such as covered parking or service areas may be permitted with prior approval.
Are fences or perimeter walls allowed?
No. Perimeter walls and fences are generally not permitted, including on corner lots, in order to preserve City di Mare’s open and walkable environment.
Why is this priced higher than some other Block 1 lots?
The pricing reflects:
- Corner configuration
- Higher AV
- Improved access and frontage
It does not reflect Coastal Block visibility or density.
Who should not pursue this lot?
This site is not suitable for:
- Projects requiring highway or coastal exposure
- Landmark or branding-driven developments
- Low-rise or yield-only strategies
- Buyers unwilling to comply with design and landscaping controls
If visibility is a primary requirement, Coastal Block lots are more appropriate.
Additional Details
- Township: City Di Mare
- Corridor: South Road Properties (SRP), Cebu City
- Block / Zone: Block 1
- Lot Number: Lot 10
- Lot Area: ~1,994 sqm
- Allowable Use: Commercial / Office
- Maximum FAR: Residential 12 / Office 10
- Approx. Allowable GFA: ~34,500 sqm
- Lot Configuration: Corner Lot
- Road Type: Internal collector roads
- Minimum Building Height: 20 meters (min. 6 storeys)
- Maximum Building Height: Subject to CAAP
- Development Horizon: Medium to long term
- 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.
