field-residences
2 km₱4,500,000.00Property Overview
Project Selling
Ready for Occupancy / Ready for Use
Condominium
Condominium
FIRST RESIDENCES is a modern 7-storey twin tower condominium located inside the highly secured Malacañang Complex and beside the University Belt in San Miguel, Manila. The property features a hotel-like reception lobby and lounge, two high-speed elevators, stainless steel mailboxes, and landscaped gardens. It offers flexible residential options with studio, 1-bedroom, and 2-bedroom units with balconies.
Building Information
Tower Tower 1 7 floors
Tower Tower 2 7 floors
Units
Available units in First Residences
Location & Neighbourhood
- Full Address#1557 J.P. Laurel Street, San Miguel, City of Manila
- SubdivisionMalacañang Complex
- City / MunicipalityCity of Manila
- ProvinceMetro Manila
- Zip Code1005
- Walkability Score75
Nearby Places
- University of Santo Tomas0.5 km10 minutes
- San Miguel Church0.3 km5 minutes
- Arroceros Forest Park1.2 km15 minutes
About the Neighbourhood
Located within the highly secured Malacañang Complex, the property is situated in a historic and secure area of Manila beside the University Belt. The neighborhood offers proximity to educational institutions, government offices, and cultural landmarks.
Flood Risk Information
Area prone to flooding during monsoon season; typical of Manila's low-lying areas near Pasig River
Legal Documentation
Clear Title
Yes
Occupancy Permit
Yes
Zoning Information
RC - PD 957 (Condominium under Presidential Decree 957)
Additional Information
- Reason for SellingNew development offering residential opportunities in prime Manila location
- Storage SpacesLimited
- Cultural HeritageLocated within Malacañang Complex, historically significant government area
- Accessibility NotesAccessible from major roads; proximity to public transportation and University Belt
Market Insights
Comparative Listings
grass-residences
3 km₱4,500,000.00Rental Potential
8.5%
Expected annual rental yield
Historical Price Trends
Metro Manila condos typically range from ₱150,000-₱250,000 per square meter; First Residences rental prices start from ₱10,000-₱20,000 per month for studios
Future Development Plans
Located within historic Malacañang Complex; limited future expansion due to secure area designation