Alviera East Commercial Lot L13

The Alviera East Commercial is the first phase of the East district, one of our four main districts. This showcases a commercial district with twenty (20) lots with generous open spaces and seamless connectivity to the different developments within the area. There will also be retail opportunities offered in the Alviera East Central Garden.

The district will be encompassed by a suburban living experience by Avida and Alveo; the Alviera Industrial Park and institutional development by Holy Angel University.

ALVIERA EAST COMMERCIAL
Type of Development Mixed use
Gross Area 7 hectares
Floor Area Ratio (FAR) 4
Lot Size 2,000 - 3,200 sqm

Allowed Uses:
Office
Training/Conference
Facilities/Studio/Workshops
Hotel
Dormitory/Apartments/Residential Condominium
Tertiary (College) Level Schools of Higher Education (Professional Schools)
Hospital/Clinic
Retail (not exceeding 20% of the total GFA of the building)
A combination of the uses above is subject to the approval of the Developer

Key Design Standard & Guidelines
FAR: 4
Height Limit: Maximum 50m (equivalent to ~15 floors)
Setbacks:
• 5 meters along spine road (Vermosa Boulevard)
• 3 meters minimum on other sides
• Setback along spine road shall be utilized as landscape
easement; 50% of which should be softscape
Curb Cut:
• No curb cut allowed along Spine Road
• All curb cuts within the inner loop road
Parking: 100% of the required parking should be located within the site.
Number of structures: Construction of 2 buildings allowed on 1 lot
Development/construction period: No timelines for construction.

Payment Terms
Reservation Fee PHP 1M

Cash Terms
90% DP - 10% balance payable in 30 days with 15 discount on TCP

Deferred 1
20% DP in 30 days, 80% Balance in 60 months with 10% discount on DP

Deferred 2
10% DP - 90% Balance in 60 months

HLURB No. 033178