Manila One Token
The Manila One Token is a land tokenization initiative in Metro Manila, Philippines, designed to raise $100 million for the site-improvement of the Rizal de Manila Development, one of the city’s last, large contiguous undeveloped properties.
PREFERRED RETURN
Additional return upside tied to the % increase in land value from site improvements
MIN. RETURN
MAX. RETURN
TARGET RETURN
Floor
24%
1.24x multiple
Base Case
40%
1.40x multiple
Ceiling
100%
2.0x multiple
LAND AREA
₱20,000 - 30,000
per sqm (US$ 338 - 508 / sqm)
CURRENT MARKET VAL.
(Pre-Improvement)
₱10.8 - 16.2 billion
(US$ 180 - 270 million)
IMPLIED GROSS MARKET VAL.
The Rizal de Manila Development is a once‑in‑a‑generation land banking and site‑improvement opportunity located in eastern Metro Manila. The project sponsor is in possession of the certified (and verified) titles for the property which is located directly along Laguna de Bay, bounded on the west by the Pasig River, and bisected by the C‑6 roadway, one of Metro Manila’s most important emerging transport corridors.
Sitting only 5km from the Philippines’ premier central business district Bonifacio Global City, the investment strategy is to unlock substantial value through infrastructure‑led site improvement— including internal road networks, water, power, drainage, and utilities— followed by the sale of improved parcels to large, well‑capitalized Philippine developers for residential, retail, and mixed‑use commercial development. Based on recent transactions and market benchmarks, the property is expected to appreciate by 3.0–6.0x in market value following infrastructure delivery.
PROJECT SPONSORS & PARTNERS
SPONSOR:
ARC Pacific Development, Inc.
DEVELOPMENT LEADS:
Romel Canete, Vice Chairman, Newmark (NASDAQ: NMRK)
Jack Rodriguez, President, ARC Pacific Development, Inc.
LEGAL ADVISORS
VALUATION & APPRAISALS
MASTER PLANNER
Fast Growing Economy
GDP growth has been among the highest in the world.
5-Year GDP CAGR (%)
Source: GDP (constant 2015 US$). World Bank Open Data.
High Population Density
# of people per sq km
Favorable Demographic Tailwinds
Suburban Migration
As a result, the population has moved further into the suburbs surrounding the Rizal de Manila Development, leading to strong multi-year growth in both population and land values.
Improving Infrastructure
The Rizal de Manila Development strategically sits directly at the nexus of significant infrastructure improvements:
C-6 Road Extension (on-going)
Laguna Lakeshore Road Network (on-going; funded by Asia Development Bank)
Metro Rapid Transit (MRT) Line 4 Extension (ongoing)
Pasig River Expressway (PAREX) (proposed)
Scale
At roughly 54 hectares in land size, the Rizal de Manila Development is similar in scale to the following areas:
Ginza District, Tokyo (55 ha)
Battery Park City & WTC, NYC (55 ha)
Canary Wharf, London (54 ha)
Clarke Quay & Riverside, Singapore (50 ha)
Central Business District (CBD)
Large-Scale, Mixed-Use Development
Rizal de Manila Development
C-6 Road Extension
1
Makati CBD
2
Ortigas CBD
3
Bonifacio Global City (BGC) CBD
4
Filinvest City
5
Eastwood
6
Aseana City
7
Arca South
8
Bridgetown
* listed in chronological order (by development start date)
CURRENT MARKET PRICE (per sqm)
BGC CBD
₱1,000,000 per sqm (US$ 16,918)
Makati CBD
₱940,000 per sqm (US$ 15,904)
Ortigas CBD
₱750,000 per sqm (US$ 12,689)
Filinvest City
₱688,000 per sqm (US$ 11,640)
Arca South
₱550,000 per sqm (US$ 9,305)
Aseana City
₱550,000 per sqm (US$ 9,305)
Eastwood
₱302,000 per sqm (US$ 5,109)
Token Name: AGTMNL1
Token Type: AndX Growth Token (AGT)
Total Supply: 20,000,000 tokens @ PHP 250 each (~USD 5)
Preferred Yield: 8% annual coupon
Upside Sharing: 20% of land appreciation
Projected IRR: 20%+
Liquidity Reserve: 6% of proceeds
Lock‑Up: 12 months
Exit: Secondary market or structured buyback (Year 2–3)
[Land Parcel]
[Regulated Custody Escrow – Holds Legal Title]
Issues MNL1 Tokens
[AndX Blockchain Platform]
[Investors / Token Holders]
(Escrow registered under Philippine SEC supervision)
Feasibility & Valuation
Nov 2025
Legal & Structure Finalization
Nov 2025
Token Launch
Dec 2025
Secondary Market Availability
Q3 2026
Exit / Extension
Q4 2027
Exit / Re‑Fi
Q4 2028
Romel Canete
Vice Chairman, Newmark (US). $1B+ in RE transactions. Key projects: Hudson Yards (NY), 12 Stations for MARTA (Atlanta).
SM Prime Holdings, Inc.
Sy Family. Largest retail developer and operator in the Philippines.
Jack Rodriguez
Largest private land owner in Manila.
Project Leads: Romel Canete, Mikel Canete & Viru Raparthi
Sponsor: Jack Rodriguez
Improvements / Development: ARC Developers
Construction: AECOM
Legal Advisors: Puno Law
Valuation / Appraisal: Santos Knight Frank
Website: www.tokenization.andx.ai/project-manila-one
QR Code: Link to whitepaper / investor portal
Back to Home
Whitepaper
Invest