PROPERTY DESCRIPTION
This property is located within the Greenway Block of City di Mare, a master-planned commercial township inside South Road Properties (SRP), Cebu City.
FAI Block 1 Lot 7 offers a larger lot cut within the Greenway cluster, positioned for buyers who want scale and flexibility without paying coastal or landmark premiums. It is best understood as a value-anchored City di Mare lot—efficient, compliant, and structurally aligned with long-term development inside a controlled township.
The lot sits along the internal Greenway road network, close to the linear park system that defines this block. Compared to smaller Greenway lots, this parcel allows for better massing options and more forgiving design layouts, particularly for single-use office or residential developments.
Development Context
- Block: Greenway Block
- Exposure: Internal Greenway road
- Environment: Park-adjacent, non-coastal
- Character: Controlled, long-horizon commercial setting
ZONING & DENSITY
This lot allows Office and/or Residential use, subject to City di Mare’s use controls. Only one primary use per building is allowed; mixed vertical use within a single structure is not permitted.
- Maximum FAR (Office): 10
- Maximum FAR (Residential): 12
- Minimum building height: 6 storeys
- No maximum height, subject to CAAP clearance
All development remains subject to City di Mare design and estate rules.
PRICING CONTEXT (As of April 2025)
- Lot Area: 1,923 sqm
- Price per sqm (VAT exclusive): ₱313,000
- Total List Price (VAT exclusive): ₱601,899,000
This pricing reflects:
- Greenway (non-coastal) location
- Larger, more flexible lot cut
- Absence of coastal frontage premium
Price excludes VAT and statutory transfer costs and is subject to change without prior notice.
WHO THIS LOT IS FOR
This lot is well-suited for:
- Developers seeking more floor plate flexibility within Greenway
- Office or institutional projects needing scale without prime exposure
- Buyers comparing value efficiency across Greenway options
- Long-term holders prioritizing planning certainty over visibility
WHO SHOULD SKIP THIS LOT
This lot may not be suitable if you:
- Require landmark or coastal frontage
- Are pursuing short-term resale strategies
- Depend on retail foot traffic or drive-through exposure
- Need mixed-use floors within a single building
FEATURES & INFRASTRUCTURE
- Master-planned commercial township
- Underground utilities
- Flood-water mitigation system
- Wide internal roads and pedestrian network
- Fiber-ready telecom infrastructure
- 24/7 estate security
(Features apply to the estate, not to individual buildings.)
Frequently Asked Questions
How is this lot different from the prime Coastal Block properties?
This lot is located within the Greenway Block of City di Mare, which is designed for internal, efficiency-driven development rather than external visibility.
Unlike Coastal Block properties, Greenway Block lots are not priced for frontage or branding exposure. They are intended for projects where planning clarity, lot efficiency, and long-term positioning matter more than landmark presence.
Why is this lot larger than the benchmark Greenway option?
This parcel offers a larger site area within the same Greenway planning framework. The increased size allows for greater massing flexibility and design options, while retaining the same use rules and density logic as other Greenway Block lots.
It is positioned as a value-oriented alternative, not as a premium upgrade.
Is this lot suitable for short-term investment or quick resale?
Generally, no.
Greenway Block properties within City di Mare are structured for long-horizon development under defined planning controls. Buyers pursuing short-term resale or yield-only strategies typically find these properties misaligned with their objectives.
Additional Details
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Township:
City Di Mare
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Corridor:
South Road Properties (SRP)
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Block:
Greenway Block
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Lot Area:
1,923 sqm
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Allowable Use:
Office and/or Residential
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Max FAR:
10 (Office) / 12 (Residential)
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Building Height:
Min. 6 storeys / CAAP-governed
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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.