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Property Overview

Project Selling

Pre-Selling

Condominium

Terranza Residences is a premier residential development seamlessly blending classic and contemporary designs. Located in the heart of Iloilo City within the Calle Real Heritage Zone, this 33-storey condominium project aims to foster heritage preservation with its timeless aesthetics. The tower features 600 residential units, 16 commercial units, and 257 parking spaces. The project incorporates heritage-inspired architectural elements including stone finishes, arched windows, and classical details reflecting the historic character of Iloilo. Developed by Cebu Landmasters Inc. (CLI) in partnership with International Builders Corporation (IBC) through joint venture GGTT Realty Corporation.

Building Information

Tower Terranza Residences Tower 1 33 floors

Developer

Ggtt Realty Corp.

residential

Units

Available units in Terranza Residences

Location & Neighbourhood

Full AddressIznart Street Corner Arroyo Street, City Proper, Iloilo City
SubdivisionCalle Real Heritage Zone
City / MunicipalityIloilo City
ProvinceIloilo
Zip Code5000
Walkability Score
85

Nearby Places

Department of Foreign Affairs (DFA)
400m4 mins
Robinson's Place Iloilo
450m4 mins
SM Delgado
650m5 mins
Iloilo City Hall
800m4 mins
Museo Iloilo
950m4 mins
University of San Agustin
1.2km7 mins
Assumption Iloilo
1.3km7 mins
St. Paul's Hospital
1.4km7 mins
Iloilo Port Area
2km7 mins
University of The Philippines Visayas Campus
2km7 mins

About the Neighbourhood

Located in the heart of Iloilo City's downtown heritage district, the property is in a vibrant lifestyle area with rich cultural heritage. The neighborhood features historic colonial buildings, cultural attractions, and modern amenities. It provides convenient access to shopping centers, educational institutions, healthcare facilities, and government offices. The area is characterized by its preservation of heritage architecture and cultural significance.

Flood Risk Information

Located in downtown Iloilo City proper. Flood risk assessment not explicitly documented, but the area is within the heritage district with established drainage and flood management systems.

Legal Documentation

Clear Title

Yes

Zoning Information

RCC - PD 957 (Residential Condominium under Presidential Decree 957). Located within Calle Real Heritage Zone with heritage conservation compliance.

Additional Information

Reason for SellingNew condominium development by Cebu Landmasters Inc. in partnership with International Builders Corporation through GGTT Realty Corporation joint venture.
Pet PolicyPet Friendly - Subject to building rules and regulations
Renovation HistoryNew construction - No renovation history
Storage SpacesMultiple storage options available within the building and basement levels
Cultural HeritageLocated within Calle Real Heritage Zone, the first residential condominium built within this protected heritage area. Design incorporates heritage-inspired architectural elements including stone finishes, arched windows, and classical details reflecting traditional Filipino architecture and the bahay na bato style.
Accessibility NotesBuilding features modern accessibility infrastructure including elevators, accessible pathways, and disability-friendly facilities in compliance with Philippine National Building Code.

Market Insights

Rental Potential

5.5% Expected annual rental yield

Historical Price Trends

Project was launched in October 2021 with construction beginning in 2022. As of April 2024, price ranges were PHP 4.1-8.1M. The project has been 75% sold as of the latest update, with topping out completed in September 2025.

Future Development Plans

Project targeted for completion in late 2025. Designed to be the tallest building in Iloilo City and Western Visayas region upon completion. First residential condominium built within the Calle Real Heritage Zone. Strong development pipeline expected for downtown Iloilo with mixed-use commercial retail component on ground and 2nd floors.

Reviews & Feedback
4.2 (3 reviews)

Investment Community April 1, 2024

Strong investment potential with heritage location and panoramic city views. High sell-through rate indicates strong market demand.

Property Buyers June 1, 2024

Excellent retirement home or rental business location in the heart of Iloilo City with complete amenities and strategic location near major institutions.

Market Analysts January 1, 2025

Premium pricing justified by location, amenities, and heritage preservation. Project aligns with Iloilo's economic growth and tourism development.