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Property Overview
One Madison Place is a luxury residential condominium project by Megaworld Corporation, the first premium condo project in Iloilo City. Inspired by New York City's most dynamic neighborhoods where uptown meets downtown, the project comprises 3 towers, each 10-storeys high. The development features 417 residential units, 14 commercial units, and 132 parking spaces. Units range from studio to 2-bedroom configurations with premium finishes and amenities. The project is located in the 72-hectare Iloilo Business Park, offering residents direct access to luxury hotels, Megaworld Lifestyle Mall, Festive Walk commercial strip, and the Iloilo Convention Center.
Building Information
Units
Available units in One Madison Place Tower 1, 2 And 3
Location & Neighbourhood
- Full AddressMegaworld Boulevard, Buhang, Mandurriao, City of Iloilo, Iloilo, Philippines
- SubdivisionIloilo Business Park
- City / MunicipalityCity of Iloilo
- ProvinceIloilo
- Zip Code5000
- Walkability Score75
Nearby Places
- SM City Iloilo1.5 km5 minutes by car
- Iloilo Convention Center0.8 km3 minutes by car
- Richmonde Hotel Iloilo1.0 km4 minutes by car
- Festive Walk Mall1.2 km5 minutes by car
- Central Philippine University3.5 km12 minutes by car
- Iloilo International Airport12 km20 minutes by car
- Western Visayas Medical Center2.5 km8 minutes by car
- Smallville Complex (Nightlife)3.0 km10 minutes by car
About the Neighbourhood
One Madison Place is strategically located in the 72-hectare Iloilo Business Park, Megaworld's biggest single investment outside Luzon worth PHP 35 billion. The area features a vibrant township with luxury hotels, BPO office towers, world-class shopping centers, restaurants, parks, and commercial establishments. The neighborhood is known as the emerging central business district of Iloilo City, offering a perfect live-work-play-learn lifestyle. It is easily accessible to major shopping centers, medical facilities, educational institutions, and entertainment venues.
Flood Risk Information
Low flood risk. The property is located on elevated ground within the Iloilo Business Park development. Standard flood protection measures are in place throughout the development.
Legal Documentation
Zoning Information
Commercial-Residential Mixed-Use Zone. Property is part of the Iloilo Business Park Special Economic Zone
Available Documents
All documents are subject to verification. Please consult with your legal advisor before making any decisions.
Additional Information
- Reason for SellingPrimary developer (Megaworld) marketing new units and secondary market resale by unit owners
- Pet PolicyPet-friendly building (with restrictions). Contact management for specific pet policies.
- Renovation HistoryProperty is in excellent condition with minimal need for renovations. Regular maintenance by property management.
- Storage SpacesLaundry cage provided in each unit. Additional storage available through rental agreements with management.
- Cultural HeritageLocated in historic Mandurriao district of Iloilo with rich cultural heritage. Project respects local architecture and culture while introducing modern urban development.
- Accessibility NotesThe building features high-speed elevators, accessible common areas, and provisions for elderly residents. Emergency speaker systems in elevator lobbies. Ground floor accessibility for mobility-challenged residents.
Market Insights
Comparative Listings
Rental Potential
Historical Price Trends
One Madison Place has maintained strong market value since completion in 2017. Initial launch prices started at PHP 2.7-3.0 million for studios. Current market prices for resale units range from PHP 5.0-6.5 million, reflecting steady appreciation. The project achieved near-complete sellout within 2 years of launch, demonstrating strong demand for luxury condos in Iloilo City.
Future Development Plans
Iloilo Business Park (IBP) continues to expand with PHP 35 billion investment planned over 10 years. Upcoming developments include additional residential towers, expanded commercial districts, BPO office complexes, and enhanced infrastructure. The area is positioned as the new Central Business District of Iloilo, with high demand from professionals, OFWs, and BPO workers.
Reviews & Feedback 4.5
(4 reviews)
Excellent investment property. Strong appreciation and high rental demand. The location in IBP is unbeatable for business professionals.
Great amenities and well-maintained common areas. The balcony views are spectacular. Management is responsive to concerns.
Perfect property for OFW investment. Consistent rental income and good property management through Mangga Homes.
Premium quality at reasonable price compared to Manila. Units are spacious and well-designed. Excellent choice for first-time buyers.