1 Bedroom Condo for sale in Binondo, Metro Manila near LRT-1 Doroteo Jose, Manila, Metro Manila
Manila, Philippines
Guide Price
$141593
8000000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
CORNELL PARKSUITES
50-storey Luxury Residential Condominium
Located at 1128 Masangkay Street, Binondo, Manila
● Residential space for bright beginnings
● Offers learning-centered and child-friendly
amenities for your children’s holistic development
● Residences with generous space to match your family’s lifestyle needs; with an extra room convertible into a home office or study room.
● Convenient living in Manila Chinatown, where everything is within reach.
● Located close to school districts, business and logistic areas, shopping and trade centers, public transport terminals, churches, hospitals, and other landmarks that cater to your family’s primary needs.
● Lifetime asset. IIt may also be used for rental income or be passed down to future generations.
AMENITIES:
1. Business center/reading lounge
2. Multi-purpose rooms/tutor rooms
3. Mini-theater room/KTV room
4. Fitness center
5. Game room
6. Kiddie room
7. Open lounge
8. Outdoor play area
9. 25-m lap pool
10. Kiddie pool
11. He/she changing rooms
12. Deck seating and lounge area
13. Viewing deck
14. Function room
VICINITY
Schools:
Hope Christian High School – 450 m
Chiang Kai Shek College – 650 m
St. Stephen’s High School – 750 m
Uno High School – 900 m
Philippine Cultural College – 1.1 km
Shopping Malls:
Tutuban Shopping Mall – 500 m
999 Mall – 550 m
Lucky Chinatown Mall – 600 m
168 Mall – 700 m
Dragon 8 Shopping Mall – 700 m
Raon Shopping Mall – 1.2 km
Divisoria Mall – 1.4 km
Hospitals:
Metropolitan Medical Center – 700 m
San Lazaro Hospital – 1.8 km
Church:
St. Stephen’s Parish – 700 m
San Roque Chapel – 1.2 km
Binondo Church – 1.4 km
Nuestra Señora de la Soledad Parish – 1.4 km
Minor Basilica of the Black Nazarene – 1.5 km
CALL NOW FOR INQUIRIES! Telephone number: View Phone
Living in Manila
The capital's dense urban core offers rock-bottom costs ($1,000-$1,500/month for a comfortable life) and widespread English fluency. Makati and BGC are the expat hubs with modern condos, international restaurants, and reliable infrastructure. The trade-offs are intense traffic, tropical heat, and the chaos that comes with a megacity of 14 million.
Island-hopping on weekends, karaoke as a national religion, and a Filipino hospitality so genuine that you will be adopted by your neighbor's entire extended family before your first month is over.
Visa
SRRV (Special Resident Retiree Visa) — available from age 40+. Requires $15,000-50,000 deposit depending on age and pension status. Grants indefinite stay with multiple-entry privileges. SIRV (Special Investor Resident Visa) — requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the Philippines→Key Fact
English is an official language and widely spoken — making the Philippines the easiest Asian country for American expats to navigate daily life. Private healthcare is excellent and affordable, but infrastructure outside Manila can be underdeveloped.
Learn more: The Cheapest Cities to Live Abroad→Philippines at a glance
How Philippines scores for American expats
Cost of buying in Philippines
Estimated fees and ongoing costs for this property
Closing Costs
5-8% of purchase price
- ·Transfer tax: 0.5-0.75%
- ·Documentary stamp: 1.5%
- ·Capital gains tax: 6% (seller, but often negotiated)
- ·Registration: ~0.25%
- ·Notary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
₱5,000-15,000/yr
HOA / Condo Fees
₱3,000-10,000/mo for condos
Good to Know
Agent Fees
Seller pays (3-5%)
Foreign Buyer Note
Foreigners CANNOT own land. Can own condo units (max 40% foreign quota per building). Houses possible via long-term lease or Filipino spouse.
Legal help in Philippines
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in Philippines?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
Property Investment with Colleen Lim
Next steps for moving to Philippines
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
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