
Vacant commercial lot of 1,299 square metres on Civic Drive in Filinvest City, Alabang, Muntinlupa. The asking price is ₱413,082,000, or ₱318,000 per square metre. The permitted use covers office, residential, or a mix of the two. The floor area ratio is 8 for office use and up to 10 for residential, which puts the maximum gross floor area between 10,392 and 12,990 square metres. That is the number that decides what this lot is worth to a developer, so confirm the current FAR with the Muntinlupa planning office before you model a project on it.
The property yields 5.13% but the loan costs 8%. Borrowing above the yield pulls cash flow down, which is normal for prime assets bought for location and long-term value rather than immediate income. Raise the down payment, lengthen the term, negotiate the price, or achieve a higher rent to close the gap. A cash purchase returns the full 5.13%.
Estimates only — for illustration, not financial advice. Adjust the inputs to model your own scenario.

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