I. Project Fundamentals & Concept

What is the “SOHO” concept as applied to Avenir Iloilo?

  • SOHO stands for Small Office/Home Office.
  • It is a hybrid development where units are legally and technically equipped to function as a private residence, a professional office, or both.
  • This allows owners to have a legitimate business address without the overhead of a separate commercial lease.

Who is the developer and what is their track record?

  • The project is developed by King Properties, a Cebu-based firm with a 40-year legacy in the industry.
  • They have successfully launched and managed SOHO projects in Cebu, such as Avenir Cebu and Meridian by Avenir.

Who are the people involved in the design team?

  • Architect: GFP Architects.
  • Structural: ADLC Engineering Consultancy.
  • Mechanical and Fire Pro: Paragsa Design and Consultancy Services.
  • Electrical and Plumbing: JP Chavez Electrical Design and Construction.

What is the construction methodology and foundation?

  • The building uses Concrete Hollow Blocks (CHB) construction.
  • The foundation is a Combined Footing design.

What is the structural integrity of the building?

  • The building is engineered to withstand up to Magnitude 8 earthquakes as based on the National Structural Code of the Philippines.
  • The foundation features 5,000 PSI, while shearwalls, columns, beams, and suspended slabs are rated at 6,000 PSI.

When is the Target Start of Construction?

  • 2nd half of 2026.

What is the significance of the partnership with Hankyu Hanshin?

  • King Properties partnered with Hankyu Hanshin Properties Corp. of Japan in late 2025.
  • This collaboration integrates Japanese standards of urban development, logistics, and sophistication into the project.

II. Location & Business Utility

Where is Avenir Iloilo located?

  • It is situated on R. Mapa Street, Mandurriao, adjacent to Sunset Boulevard.
  • It is approximately a walk away (200 meters) from Iloilo Business Park (IBP) grounds; 1.3 kilometers from Festive Walk Mall.

Where is the Avenir Iloilo office located?

  • The office is on the 2nd floor, SDC Building, Mandurriao (located above BDO).

What medical facilities are nearby?

The project is strategically positioned within a 1.5-kilometer radius of major medical hubs:

  • Western Visayas Medical Center: 840 Meters.
  • The Medical City Iloilo: 1.4 Kilometers.
  • Healthway Medical Network / Qualimed: 1.4 – 1.5 Kilometers.

Can I legally register my business at this address?

  • Yes. Unlike typical residential condos, Avenir units are specifically zoned for business use.
  • This allows owners or tenants to register their office or clinic through the Iloilo City Business Permits and Licensing Office (BPLO).

What is the ground floor elevation?

  • The ground floor is elevated 1 meter from the highway.

III. Technical Specifications

What are the unit finishes?

  • Floors: Homogeneous tiles for living and kitchen areas; ceramic tiles for toilets.
  • Walls: Painted Finish for interiors; Ceramic tiles for residential toilets; Homogeneous tiles for commercial toilets.
  • Kitchen: Solid surface countertop with a single tub stainless steel sink and high-pressure laminate base cabinets.
  • For complete details. refer to THIS TABLE.

What are the specific ceiling heights?

  • Living Space: 3.2 meters.
  • Kitchen and T&B: 2.4 meters.
  • Floor to Slab: 3.4 meters.

What are the air-conditioning provisions?

  • Studio Units: Window Type.
  • 1-BR and 2-BR Units: Split Type.

Is there a range hood provision?

  • Yes.

Is there an exhaust in the toilet?

  • Yes.

What is the thickness of the wall partition?

  • 190 mm.

What is the source of water?

  • The guide specifies: Iloilo Water District.

What type of soil is in the area?

  • Recent alluvial deposits.

Is there provision for laundry?

  • Yes, there is an automatic washing machine provision including drainage.

Can I customize my finishes?

  • Installation of upgraded finishes is allowed but must be performed by accredited contractors at the buyer’s expense.
  • Requests must be made 2 months before construction starts; chipping of floors is strictly prohibited.

Does the building have full power backup?

  • Yes. Avenir provides 100% backup power for the entire building, including all systems and unit outlets.
  • This ensures that professional operations and servers remain functional during grid outages.

Is the building “fiber-ready”?

  • Yes. High-speed fiber-optic infrastructure is integrated into the building’s backbone to support digital professionals.

Can I combine units?

  • Yes. The developer allows for customizable combined units, enabling owners to create professional suites of 60 square meters or more.

IV. Building Utilities & Security

How does the garbage disposal system work?

  • A garbage room is provided on every floor.
  • The Condo Corp assigns personnel to collect and bring garbage to the disposal area at designated schedules.

What is the security and safety system?

  • The building features 24-hour security guards and CCTV on every floor.
  • Every unit is equipped with a smoke detector and water sprinkler.

Is the building Smart Home Ready?

  • No but the unit can be upgraded after delivery.

Are pets allowed?

  • Yes.

V. Investor & Financial Logistics

As of January 31, 2026 (pricing and terms may change indefinitely)

What is the reservation fee and process?

  • The reservation fee is ₱25,000 and is deductible from the TCP.
  • It is non-refundable and valid for 30 days.
  • Checks should be named to Juanito King & Sons Inc..

What are the requirements to reserve a unit?

To officially reserve a unit, you must provide the following:

  • Two (2) Valid IDs: Must include three specimen signatures (including spouse, SPA, or co-owner if applicable).
  • Signed Reservation Agreement: The official project reservation form.
  • Completely filled out BIS: Buyer’s Information Sheet.
  • TIN Number: Your Tax Identification Number.
  • Legal Documents: A signed Authorization Letter or Notarized Special Power of Attorney (SPA) if you are reserving on behalf of a client.
  • Reservation Fee: ₱25,000

What are the requirements for account booking?

After reservation, the following documents are needed to officially “book” the unit:

  • Verified TIN: Proof of TIN verification from the BIR.
  • Post-Dated Checks (PDCs): To cover the monthly equity payments.
  • Proof of Billing: Showing your current residential address.
  • Civil Status Documents: A Birth Certificate (if single) or Marriage Certificate (if married).
  • Notarized SPA: Required if the buyer is represented by an attorney-in-fact.

What are the estimated pre-selling prices (2025-2026)?

  • (may subject to change)
Unit Type Size Range (SQM) Estimated Price (TCP) Monthly Equity (Starting)
SOHO 1 (Studio) 21 – 25 3.3 Million PHP 4,000 PHP
SOHO 2 (Studio + Balc.) 26 – 30 3.9 Million PHP 8,000 PHP
SOHO 3 (1-BR) 35 – 40 6.4 Million PHP 12,000 PHP
SOHO 5 (2-BR + Balc.) 50 – 60 9.2 Million PHP 16,000 PHP

How does the payment scheme work?

  • The 48-month ladderized payment scheme is designed to keep initial monthly equity payments low.
  • The monthly amortization starts at a lower rate and increases annually during the construction period.

What are the rules on unit changes (Upgrade/Downgrade)?

  • Upgrades: No additional charges.
  • Downgrades: Subject to a ₱50,000 fee.

Is “Assumption of Unit” (Transfer of Ownership) allowed?

  • Yes, but a fee applies: ₱25,000 if transferred to a relative and ₱50,000 if not.

When does bank processing begin?

  • Clients must start bank processing 6 months prior to the end of the equity period.

Are there restrictions on bank loans?

  • Approval is generally not granted if the client has a foreclosed car or housing loan, or an unpaid credit card balance.

What is the estimated rental yield for investors?

  • Professional-use SOHO units often command a 10% to 15% rental premium over residential-only units.
  • Sample ROI (SOHO 2): Based on a 3.9M PHP price and estimated 30,000 PHP monthly rent for business use, the Gross Annual Yield is approximately 9.23%.

VI. Parking & Retail

How many parking slots are available for Tower 2?

  • There are 113 parking units for sale.
  • Additionally, there are 45 free parking spaces for clients located on the Ground Floor.

What are the parking rules?

  • Only one parking slot is allowed per unit (additional purchases are subject to approval based on unit size).
  • Only unit owners can buy and own parking slots; they cannot be sold to non-owners.

What is the mix of the retail component?

  • The ground floor retail strip is designed to include restaurants, a coffee shop, convenience store, laundry shop, and a pharmacy.

VII. Competitive Positioning & Market Comparison

Avenir Iloilo offers a unique hybrid value proposition, positioning itself as a flexible alternative to traditional residential and commercial projects in Mandurriao.

  • Avenir vs. International Corporate Plaza (ICP): Megaworld’s ICP is purely commercial, while Avenir is a SOHO hybrid—letting owners use it for home, office, or both, unlike ICP’s business-only units.

  • Avenir vs. Iloilo Business Park (Megaworld) Residential: Unlike IBP’s residential-only units, Avenir is business-permit zoned—offering the township lifestyle without the premium pricing or stricter covenants inside the estate.

  • Avenir vs. Excelsior Sky Residences: Excelsior is about skyline luxury, while Avenir is business-ready. For investors, Avenir’s dual-market appeal can stabilize occupancy by attracting tenants—like boutique firms or clinics.

  • Avenir vs. SMDC Style Residences: SMDC leans mass-market with compact residential units, while Avenir offers a more professional setup with 100% backup power for all systems—something many residential-only projects lack.

Key Comparison Summary

Feature Traditional Residential Avenir SOHO International Corporate Plaza
Usage Residential Only Hybrid (Res + Office) Commercial Office Only
Legal Status No Business Permit Mayor’s Permit Allowed Business Permit Allowed
Power Limited Backup 100% Full Redundancy Full Redundancy
Market Mass Market/End-users Professionals/Startups Established Corporations

See in-depth comparison article HERE.

VIII. Contact Information

Who to contact for more information and details about Avenir?

For the latest pricing, promos, and details along with availability of units, contact:

Jill Jagorin Avenir Iloilo Specialist * Mobile / Viber / WhatsApp: +63 928 603 5683

Avenir Iloilo Specialist