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Kalayaan Ave., Suite S-22825 Kalayaan Avenue (Makati, Metro Manila, PH - 1200) Land Only

$2,054,167 USD
PHP123,250,000 NEG

McRel Properties

Coney  Marciano PRC Reg. No. 7523 Coney Marciano PRC Reg. No. 7523 +632 7964 5696 (Office) +63917 897 9643 (Cell) Request More Info

  • Below FairMarket Value
  • Type: Lots and Land
  • Style: Other
  • Size: 7,801 sq. ft. "725"
  • Development Level: Land Only

Description

725 sq., Mixed-Use Commercial Lot at Kalayaan Ave., Makati
The Lot is enclosed by three streets: Kalayaan Ave., Binakod and Barasoain St.
Two lots adjacent to each other with a size of 272 sqm and 453 sqm
Frontage: Kalayaan Ave. 33 meters
Binakod St.: 32 Meters
Barasoain St., 15 meters

Classified as Low Density Commercial/ Mixed Use Zone (CIA)
- Shall be used primarily for mixed use and commercial developments on a Loca scale;
- Limited to floor Area Ration (AF) of 5;
- For complete list of allowed pricinpal use, refer to Art V. Sec 17 of City Ordinance No. 2012-102.
- Subject to submission of studies deemed necessary in the application of locational clearance.

Travel time from the property:
1. 5 Minutes walk to Circuit Makati
2. 15 Minutes to any part of Makati Central Business District.
3. 20 Minutes walk to RCBC.
4. 20 Minutes to Guadalupe by Jeepney, Mantrade (Edsa cor. Chino Roces) MRT Station and Buendia /Taft MRT
Why Invest in Makati
By all rights a techno-city, Makati is the most preferred location of investors. It is the country’s undisputed financial center and commercial hub, being home to the headquarters of 40 percent of the top 1,000 multinational and local corporations, 400 Bank branches and over 1,000 BPO offices. To date, 31% of Information Technology (I.T.) Buildings in Metro Manila are located in Makati. The city has also more than 60,000 establishments that include almost 4,000 banks and finance-related institutions.

Superior Infrastructures
Makati's highly developed multi-modal transport infrastructure has made it the most centralized city in Metro Manila and the National Capital Region. The creation and availability of various forms of public transportation, such as the upcoming Makati Subway and the existing Metro Rail Transit (MRT), jeepneys and buses, complemented by a road network that links the city to the rest of Metro Manila, ensures accessibility and convenience.

The city has the most developed telecommunications infrastructure in the country. With the presence of two major providers for land-based telephone services, PLDT and Globe Telecom, Makati's teledensity far exceeds the national average.

Expat-Friendly
As host to 44 embassies and 34 consulates, Makati has highly developed foreign transient support institutions. Likewise, it is home to the headquarters of international organizations like the European Union (EU), Australian Agency for International Development (AusAID), Canadian International Development Agency (CIDA), German Development Cooperation, International Labour Organization (ILO), among others.

World-Class Amenities
The presence of almost 80 hotels including five-star hotels, more than 40 shopping centers, and features almost 4,000 bars, pubs, and hole-in-the-wall restaurants in the city has strengthened its bid to become the “Urban Tourism Capital” of the Philippines. In fact, it was declared by President Gloria Macapagal-Arroyo as a “prime urban tourist destination” in 2002 as part of the “Visit Philippines” tourism campaign.

Local and foreign tourists flock to Makati commercial centers, such as Ayala Center and Rockwell Center, primarily because of convenience, accessibility, quality of stores, ambiance, and interior and exterior environment that match world-class standards.

Investors likewise find Makati a “home away from home”, given the high-end yet reasonably priced residential condominiums, villages, and apartments that abound in its midst
Its restaurants offer all kinds of local and international cuisine that cater to varied preferences, while its night spots and daytime bars give a wide array of choices for those who wish to unwind after work, or simply relish the pleasures of nightlife, Makati-style.

Peace of Mind
The Makati City Police and Fire Departments have both been cited as the country's best units in 2004. At present, the city government is building a state-of-the-art police headquarters, patterned after that of the Los Angeles Police Department, near the Central Business District. It will form part of an Integrated Central Command Complex that will house all protective sectors, including the city's fire and rescue teams, and the Disaster Coordinating Council.

ICT-Readiness
Makati is the top choice of I.T. locators because it has ICT-ready buildings that allow them to plug in and immediately start operations. To date, 41 I.T.Buildings in the city are registered with PEZA. Some of these I.T. buildings include: 6750 Ayala Avenue Building, 6780 Ayala,Alphaland Southgate Towers, BPI Buendia Center, Burgundy Corporate Tower,Century City, Convergys IT Building,Exportbank Plaza Building, ePLDTVentus Jupiter Building,Glorietta 1 BPO,Glorietta2 BPO, G.T. Tower International, PBCom Tower, RCBC Plaza, SM Makati Cyberzone Building,The Enterprise Center, MSE Center, Multinational Bancorporation Centre, The Paseo Center IT Center, and more. These buildings all have double-fed electricity and managed power that ensure continuous operations, with most having their own additional backup power.
IT Zone buildings allow the locator to take advantage of the following PEZA incentives:

Income tax holiday (ITH) or exemption from corporate income tax for four years, extendable up to a maximum of eight years.
After ITH period, the option to pay a special 5 percent tax on gross income in lieu of all national and local taxes.
Exemption from duties and taxes on imported capital equipment, spare parts, supplies, raw materials.
Domestic sales allowance equivalent to 30 percent of total sales.
Exemption from wharfage dues and export taxes, imposts and fees.
Permanent resident status of foreign investors and immediate family members.
Employment of foreign nationals.
Simplified import and export procedures
The presence of leading telephone companies (i.e., PLDT, Globe Telecom) provides value-added services to corporate locators. Broadband is available throughout the CBD.

Data security is easily addressed by a local community of cyber-security experts

Business Friendly City Hall

To promote a “smarter” and ‘business-friendly'' environment, the city government has taken steps to streamline permits application and processing at City hall. Through its “Express Lane” service, processing time has been considerably reduced to a maximum of two hours.

Downloadable application forms as well as procedures for the application and renewal of Business Permit, Individual Mayor’s Permit, and Locational Clearance have also been made available through its official website, www.makati.gov.ph, for the convenience of investors.

Award Winning Smart City
Progress and development integrated with technology, that is what a Smart City thrives to become, and this is shown by the City of Makati. Makati was among six out of 450 cities in the entire world that received a Smart City award. Also, It is the only Southeast Asian city to receive the recognition for integrating technology with delivering government services. During the World Smart City Awards 2019, Makati Presented how it used technology to prepa

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Information is deemed to be correct but not guaranteed.