mandarin-square
1.2km₱9,800,000.00Property Overview
Project Selling
Ready for Occupancy / Ready for Use
Condominium
Residential Condo
Wharton Parksuites is a learning-driven 39-storey high-rise residential tower located in the heart of Binondo, Manila's Chinatown district. This luxury condominium serves as an ideal second home for members of the Filipino-Chinese community and those seeking proximity to prestigious educational institutions. Strategically positioned at the corner of Masangkay and La Torre streets, the property is surrounded by some of Manila's finest learning institutions including Chiang Kai Shek College, Hope Christian High School, and Philippine Academy of Sakya. The development features a low-density design with only 8 residences per floor, ensuring exclusivity and comfort. The entire 7th floor is dedicated to world-class amenities promoting holistic learning and family wellness.
Building Information
Tower Tower 1 39 floors
Units
Available units in Wharton Parksuites
Location & Neighbourhood
- Full Address1249 Masangkay corner La Torre Streets, Santa Cruz, Manila City
- SubdivisionBinondo
- City / MunicipalityCity of Manila
- ProvinceMetro Manila
- Zip Code1008
- Walkability Score85
Nearby Places
- Chiang Kai Shek College300m5 minutes
- Hope Christian High School400m7 minutes
- Philippine General Hospital800m10 minutes
- Manila Doctors Hospital600m8 minutes
- SM Mall of Asia / 168 Shopping Mall1.5km15 minutes
- Binondo Church200m3 minutes
- Rizal Park2km20 minutes
- Manila Cathedral1.2km12 minutes
About the Neighbourhood
Located in the heart of Binondo, Manila's historic Chinatown, Wharton Parksuites enjoys excellent connectivity and proximity to educational, commercial, and cultural establishments. The area is known for its vibrant Filipino-Chinese heritage, traditional Chinese temples, authentic restaurants, and trading establishments. The neighborhood offers a perfect blend of traditional and modern lifestyle with excellent public transportation access.
Flood Risk Information
Binondo is located in an urban area with adequate drainage systems. However, being in the lowland areas near the Pasig River, the neighborhood can experience flooding during heavy typhoons and monsoon seasons. The building has structural protections and modern flood management systems.
Legal Documentation
Clear Title
Yes
Occupancy Permit
Yes
Zoning Information
Residential Condominium - PD 957 Classification
Additional Information
- Reason for SellingPrimary developer offering - attractive second home investment for Filipino-Chinese community members
- Pet PolicyPets not allowed in units; common areas are pet-free zones
- Renovation HistoryCompleted construction in 2012; regular maintenance and facility upgrades ongoing
- Storage SpacesAdditional storage units available for lease in basement levels
- Cultural HeritageLocated in historic Binondo, Manila's Chinatown district, the property is positioned within a vibrant Filipino-Chinese cultural hub
- Accessibility NotesBuilding features elevators and accessible common areas; some units can be modified for elderly occupants upon request
Market Insights
Comparative Listings
anchor-skysuites
2.5km₱11,200,000.00lee-tower
1.8km₱8,500,000.00Rental Potential
8.5%
Expected annual rental yield
Historical Price Trends
Wharton Parksuites has shown steady price appreciation since its completion in 2012. The average price per sqm has increased from approximately 75,000 PHP to the current 104,896 PHP, representing a compound annual growth rate of approximately 2.8%. The property market in Binondo has benefited from the area's continuous development and increasing demand for residential units close to educational institutions.
Future Development Plans
Binondo continues to see urban redevelopment and commercial expansion. The area is expected to benefit from improved infrastructure, including enhanced public transportation connections and continued commercial development along the Pasig River. The educational institutions in the area continue to expand, supporting sustained demand for residential units.
Reviews & Feedback 4.2
(3 reviews)
Family with Student August 15, 2023
Perfect location for our child studying at Chiang Kai Shek College. The unit is spacious and the building amenities are excellent.
Business Professional June 20, 2023
Great central location with good connectivity. The security and maintenance are top-notch.
Young Family May 10, 2023
Love the learning-focused amenities and safe environment. A bit pricey but worth the investment.