2000 sqm Commercial Lot For Sale in Alviera East Commercial Porac

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