A discounted Manila Condo Lot has become available with the site suitable for a high-density condominium or a hospitality or commercial building. No other tall structures are around ensuring units/rooms would have outstanding views and would be a strong potential marketing tool.
This discounted Manila Condo Lot is located in Malate in the Bay Area part of the city that continues to see strong demand for residential real estate. It is close to many notable employers, including the BSP and Department of Finance, with several large universities also nearby. This Metro Manila location also boasts easy access to many entertainment and retail districts.
Sitting on a 1,517 square meter site, the discounted Manila Condo Lot would be best suited for a condominium or hotel, although it could be turned into something else. The price is PHP495 million (US$8.6 million) with the owner having recently reduced this from PHP660 million.
The land plot has a clean title but existing structures will need to be cleared prior to construction.