Property Overview
BANHAO TOWER is a 40-storey residential condominium development located at San Fernando Street corner Madrid Street in San Nicolas, Binondo, Manila. The project features 125 residential condominium units, 6 commercial condominium units, and 151 parking spaces. Licensed under DHSUD License to Sell No. HL 32474, issued on October 18, 2017. The tower underwent significant construction and development, with completion and occupancy achieved. The project includes modern residential and commercial spaces with contemporary architecture.
Building Information
Units
Available units in Banhao Tower
Location & Neighbourhood
- Full AddressSan Fernando Street corner Madrid Street, San Nicolas, Binondo, Manila
- SubdivisionSan Nicolas
- City / MunicipalityCity of Manila
- ProvinceMetro Manila
- Zip Code1006
- Walkability Score75
Nearby Places
- San Nicolas Fire Station50 meters1 minute
- Binondo Church (Minor Basilica of St. Lorenzo Ruiz)500 meters6 minutes
- Pedro Guevarra Elementary School200 meters2 minutes
- Marcela H. Agoncillo Elementary School250 meters3 minutes
- Divisoria Commercial Area1 km10 minutes
About the Neighbourhood
Located in the historic Binondo district of Manila, one of the oldest settlements in the Philippines. The area is a vibrant commercial and residential neighborhood with access to local schools, government offices, and shopping districts. The location at the intersection of San Fernando and Madrid Streets provides excellent accessibility to major thoroughfares.
Flood Risk Information
The area has moderate flood risk typical of low-lying portions of Manila. The project includes standard drainage and water management systems.
Legal Documentation
Zoning Information
Residential/Commercial mixed-use development zone in compliance with Manila City zoning regulations
Additional Information
- Cultural HeritageLocated in the historic Binondo district with NCCA cultural heritage clearance for the project. The building respects existing policies of the City of Manila regarding building heights and archaeological preservation.
Market Insights
Historical Price Trends
Project was licensed in October 2017 and has undergone continuous development with completion achieved. As a unique 40-storey mixed-use development in historic Binondo, the project represents significant investment in the area's modernization.
Future Development Plans
The project has been cleared by the National Commission for Culture and the Arts (NCCA) for cultural heritage compliance. Future development in the Binondo area includes continued commercial and residential growth.