ONE BALETE in New Manila, Quezon City spearheads our thrust into the upscale residential condominium market. It is New Manila’s most elegant address at One Balete Drive.

A master-planned development, it will feature six high-rise residential towers and landscaped grounds secured by perimeter walls and gates. One Balete will have recreational amenities that will invite shared family activities such as swimming pools, a children’s playground and landscaped gardens.

Designed to be a multi-generational community, it will also provide active seniors with their own living space complete with senior-assisted living services. This will be a first in the Philippines.

One Balete will give new form to an age-old Filipino tradition of families keeping together by building their homes near one another on expansive lands. It will be a family compound reinvented. It will transform people’s view of vertical living.

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Over the past 30 years, Philippine Realty and Holdings Corporation (PhilRealty) has shaped the high-end boutique category of real estate in the Philippines creating best-of-class, luxury projects that embody spacious uncompromised living within intimate communities.

A key player during the height of the development boom in the Ortigas Business District (OBD), the company was an industry pioneer that set the standards high-end developers have come to adopt today.

In the late 80s, the company was the first developer to combine the conept of horizontal subdivisions and high rise living in the Philippines through its flagship luxury mid-rise project, The Alexandra. This 4.6 hectare prime property within the OBD was the country’s first vertical gated community, and continues to be a coveted address in the district today.


“Home replacement” a concept that allows homeowners an uncompromised “house experience” in a vertical community – through large cuts, bi-level apartments and direct elevator access – was also an innovation that the company introduced to the market. The La Isla condominium, named for its 360 views, never to be impeded by a neighboring building, was the epitome of high-end living: 27 luxury apartments at 270 sqm to 580 sqm each. Two units per floor, with elevators that open directly to the unit owner’s own foyer. Solid narra floors, marble baths, two to four parking spaces per unit, and extra storage space in the basement.

To this day, La Isla is still one of the most exclusive residential developments in the metropolis, with its units still in great demand two decades after its completion.

Today, PhilRealty is back in the market to create new firsts in the industry starting with One Balete, a 2-hectare compound in New Manila poised to re-invent and bring the concept of the “family compound” into the 21st century.