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Friday, July 18, 2025

Investors snap up Riverpark North commercial lots

Federal Land NRE Global, Inc. (FNG), a joint venture between Federal Land Inc. and Japan’s Nomura Real Estate Development Co. Ltd., has sold out all of its commercial lots at Riverpark North in General Trias, Cavite.

The property firm said the commercial lots at Riverpark North have been completely sold out as of May 2025, signaling strong investor interest and confidence in the area’s booming potential.

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The lots were fully sold ahead of the completion of the Cavite-Laguna Expressway (CALAX) interchange, a game-changing infrastructure upgrade expected to boost accessibility and drive commercial momentum throughout the area.

Ranging from 1,000 to 2,600 square meters, the parcels will be home to future office, retail, and mixed-use developments.

“We commend FNG for the successful 100% sale of its commercial lots at Riverpark North, a significant milestone that not only strengthens our business portfolio but also unlocks new opportunities for development and economic activity in the area,” said GT Capital Senior Vice President and Investor Relations Head Jose B. Crisol, Jr.
    “This milestone reflects our continued commitment to creating long-term value for our stakeholders and contributing to the growth of the communities we serve,” he added.

FNG said this quick sell-out reflects strategic positioning by investors who foresee the benefits of the upcoming completion of the Cavite-Laguna Expressway (CALAX) interchange.

With all commercial lots fully sold out, FNG said it is  now preparing to launch the Phase 2 of the project by the second quarter of 2026

This next phase will coincide with the opening of the CALAX interchange, the new UNIQLO Logistics Facility, and SM City General Trias, which are all major developments that are expected to drive even greater business activity in the township.

“We are thrilled to see such strong interest in Riverpark’s Central Business District,” said FNG President Thomas F. Mirasol.
    “We share the vision of our clients in the near-term potential of General Trias and Cavite as a growth hub and commercial center, and we are already preparing to deliver more innovations within the township.”

Beyond the commercial development Riverpark is also rapidly transforming into a vibrant lifestyle and residential destination. Its Japanese-inspired residential enclave, Yume at Riverpark, continues to attract interest from homebuyers. A new house-and-lot line is expected to launch later this year, featuring designs by Lor Calma & Partners that blend minimalist Japanese aesthetics with the functionality needed for Filipino family life.

Federal Land’s shift in strategy by focusing on horizontal developments enabled it book Php 5.9 billion in reservation sales, a 49 percent increase, with Riverpark North contributing significantly to the growth.

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