1,322.70 sqm Commercial Property for Sale | ₱1.323B Gross | Binondo, Manila | Redevelopment Site in Prime Commercial District

Acquire a prime commercial redevelopment property in the heart of Binondo, Manila, the country's oldest and busiest commercial district. Located along Juan Luna Street, this property presents a rare opportunity for developers, investors, and corporations seeking a premium site for a new commercial, office, hotel, retail, or mixed-use project.

The existing structure is intended to be demolished, allowing the buyer to develop the property from ground zero according to their project requirements. Its strategic location within Binondo provides excellent accessibility and proximity to major commercial establishments, financial institutions, wholesale trading centers, and transportation hubs.

Property Details

Property Code: DS88-006231
Category: Commercial Property
Location: Juan Luna Street, Binondo, Manila
Floor Area / Redevelopment Area: 1,322.70 sqm
Condition: Existing structure for demolition (Ground Zero)
Title Status: Clean Title
Selling Price: ₱1,322,700,000 (Gross Price)
Price per sqm: ₱1,000,000

Ideal For

Commercial Building Development
Office Tower
Mixed-Use Development
Retail Complex
Hotel Development
Corporate Headquarters
Institutional Project
Long-Term Investment

Property Highlights

Prime commercial location in Binondo
Existing structure to be demolished for full redevelopment
Ground-zero development opportunity
Clean title
Excellent frontage along Juan Luna Street
Highly accessible commercial location
Surrounded by banks, offices, retail establishments, and wholesale businesses
Exceptional redevelopment and long-term capital appreciation potential

Investment Advantages

Rare redevelopment opportunity in Binondo
Suitable for landmark commercial developments
High-demand business location
Excellent opportunity for developers and institutional investors

Closing Cost Disclosure (Gross Price)

Buyer shoulders the Documentary Stamp Tax (DST), Transfer Tax, Registration Fee, IT Fee, Notarization Fee, and Title Transfer Service Fee on top of the asking price. Seller shoulders the Capital Gains Tax (CGT), Value Added Tax (VAT), and Broker's Professional Fee, all of which are already included in the asking price.

Contact us today to request the complete due diligence package or schedule a confidential site inspection of this prime redevelopment property in Binondo, Manila.