NPR-Phase-1
Same Location₱5,900,000.00Video Tour
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Property Overview
Project Selling
Ready for Occupancy / Ready for Use
Residential
House and Lot
Narra Park Residences is a gated, well-planned residential community located in Tigatto, Buhangin District, Davao City. Developed by Alsons Development and Investment Corporation, this project offers affordable, high-quality homes surrounded by lush greenery and modern conveniences. The development features two standard house designs with modern Asian architectural theme, designed to cater to young families and individuals seeking a secure and serene environment. Phase 2 expands on the success of Phase 1 with additional units and enhanced amenities including swimming pools, cabaña, multi-purpose covered court, and expansive parks.
Units
Available units in Narra Park Residences Phase 2
Location & Neighbourhood
- Full AddressKm. 9, Barangay Tigatto, Buhangin District, City of Davao, Davao Del Sur
- SubdivisionNarra Park Residences
- City / MunicipalityCity of Davao
- ProvinceDavao Del Sur
- Zip Code8000
- Walkability Score65
Nearby Places
- Abreeza Mall5.4 km12 minutes
- Gaisano Mall of Davao7.1 km15 minutes
- NCCC Mall3.7 km8 minutes
- SM Lanang Premier6.24 km14 minutes
- Davao International Airport8.6 km18 minutes
- MDRC Hospital5.0 km11 minutes
- Davao Medical School Foundation6.4 km14 minutes
- Ateneo de Davao University8.25 km18 minutes
About the Neighbourhood
Narra Park Residences is strategically located in Tigatto, Buhangin District, one of Davao City's growing residential areas. The neighborhood is well-developed with access to major shopping malls, medical facilities, educational institutions, and the international airport. The area is characterized by planned residential developments and is proximate to the Buhangin-Diversion Underpass, providing convenient access to other parts of the city.
Flood Risk Information
Narra Park Residences is elevated 9 meters above the Davao River, providing protection from flood risks. The site has implemented proper drainage systems and retarding ponds for water management.
Legal Documentation
Clear Title
Yes
Occupancy Permit
Yes
Zoning Information
Open Market Housing Category under PD 957. Residential subdivision zoning classification.
Additional Information
- Reason for SellingDeveloper is marketing Phase 2 as expansion of the successful Phase 1 to meet continued demand for affordable housing in Davao City.
- Pet PolicySubject to homeowners association rules and deed of restrictions. Generally, pets are allowed but must follow community guidelines.
- Renovation HistoryUnits are brand new with modern Asian architectural design. No renovation history as these are newly constructed.
- Storage SpacesService area provision with garage space. Additional storage can be added at owner's expense.
- Cultural HeritageNamed 'Narra Park' after the Narra tree, a significant timber tree in Philippine history and culture.
- Accessibility NotesStandard residential design. Accessibility features for elderly or disabled residents can be requested and accommodated during custom builds on open lots.
Market Insights
Comparative Listings
NorthCrest-Davao
15 km away₱7,200,000.00Rental Potential
8%
Expected annual rental yield
Historical Price Trends
Narra Park Residences has maintained stable pricing since its launch in 2017, with gradual appreciation. The project has shown strong market demand with units being readily available and consistently selling. Phase 2 pricing reflects moderate increases from Phase 1 due to inflation and enhanced amenities.
Future Development Plans
The Davao City region continues to experience commercial and residential expansion, particularly in the Buhangin District. Future development plans include enhancement of road infrastructure, expansion of commercial establishments, and additional residential projects in the vicinity.
Reviews & Feedback 4.3
(4 reviews)
Maria Santos August 15, 2024
Great affordable housing project with excellent amenities. The community is well-maintained and security is reliable. Highly recommended for young families.
Juan Dela Cruz July 22, 2024
Good location with convenient access to malls and schools. The house quality is solid and the neighborhood is peaceful.
Rosa Garcia June 10, 2024
Excellent value for money. The payment terms are flexible and the developer provides good after-sales service.
Antonio Reyes May 18, 2024
Nice residential community with complete amenities. Water and electricity services are reliable. Would recommend to friends.