Ritz Towers
· Residential Plot
Ritz Towers · Residential Plot
Land priced below its valuation doesn't stay listed for long.
Lot Area: 851 sqm
Location: 5th Street, Brgy. Mariana, New Manila, Quezon City
Zoning: R-1, Low Density Residential, Mature Stable Area
Asking Price: ₱210,000/sqm (₱178,710,000 total)
Current BIR Zonal Value: ₱250,000/sqm
Comparable Market Rate: ₱350,000/sqm
Title: Clean
The BIR raised the zonal value in this district tenfold, from ₱25,000 to ₱250,000 per sqm. This lot is priced at ₱210,000/sqm, below that government floor and below the ₱350,000/sqm rate quoted elsewhere in the sector. That gap is the opportunity.
Capital is increasingly rotating toward land, and New Manila offers a fixed-supply market: one of only three areas Quezon City protects as a Mature Stable Community, capped permanently at low-rise, low-density development. Quezon City's 2024-2026 investment program continues funding upgrades across the district, and the planned Metro Manila Subway, integrated with the existing Gilmore LRT-2 Station, adds a strong infrastructure catalyst for 2028.
Submit a Letter of Intent for the full due diligence folder, including title, tax clearances, and technical documentation.
Land priced below its valuation doesn't stay listed for long.
Lot Area: 851 sqm
Location: 5th Street, Brgy. Mariana, New Manila, Quezon City
Zoning: R-1, Low Density Residential, Mature Stable Area
Asking Price: ₱210,000/sqm (₱178,710,000 total)
Current BIR Zonal Value: ₱250,000/sqm
Comparable Market Rate: ₱350,000/sqm
Title: Clean
The BIR raised the zonal value in this district tenfold, from ₱25,000 to ₱250,000 per sqm. This lot is priced at ₱210,000/sqm, below that government floor and below the ₱350,000/sqm rate quoted elsewhere in the sector. That gap is the opportunity.
Capital is increasingly rotating toward land, and New Manila offers a fixed-supply market: one of only three areas Quezon City protects as a Mature Stable Community, capped permanently at low-rise, low-density development. Quezon City's 2024-2026 investment program continues funding upgrades across the district, and the planned Metro Manila Subway, integrated with the existing Gilmore LRT-2 Station, adds a strong infrastructure catalyst for 2028.
Submit a Letter of Intent for the full due diligence folder, including title, tax clearances, and technical documentation.