Prime LOT 6.6 Ha. - Mix used development landl along Molino-Paliparan Road

Property Type: Land / Lot for Development (Residential, Commercial, Industrial) Location: [Specific location not provided in the document, please inquire for details]

Price:

Total Contract Price (with VAT): PHP 894,942,720
Price per Square Meter: PHP 13,440/sqm
Property Details:

Titled Area: 76,259 square meters (approx. 7.6 hectares)
Tax Declaration Classification: Residential


The property title is for subdivision to carve out 9,671 sqm due to road encroachment.
Net Area after subdivision: 66,588 square meters (approx. 6.6 hectares)
Resulting Titles: The property will have two (2) resulting titles:
Lot 2-1: 40,430 sq.m
Lot 2-2: 26,158 sq.m
Sale Conditions & Important Notes:

As-is, Where-is: Property is sold in its current condition.
Ongoing ISF Eviction: Eviction of informal settler families (ISF) is ongoing and expected to be cleared within the first half of 2025 (1H2025).
Possible DPWH Road Widening: There is a possibility of road widening by DPWH along Molino-Paliparan Road, which may affect the property.
Ideal Development Opportunities: This expansive property offers significant potential for various developments:

Residential: Perfect for a housing subdivision, condominium complex, or mixed-use residential project.
Retail Strip / Commercial: Suitable for commercial centers, retail parks, or business establishments.
Warehouse / Industrial: Excellent for logistics hubs, industrial facilities, or warehousing solutions.
Don't miss this opportunity to acquire a strategically located property with immense development potential!