Cebu Landmasters’ Mandtra Residences sold at 60% in 3 weeks

LEADING Visayas-Mindanao developer Cebu Landmasters, through joint venture firm Cebu Homegrown Developers, Inc., launched its latest condominium project with premium amenities in Mandaue City, Cebu aimed at meeting the housing needs of a surging segment of upwardly mobile professionals and entrepreneurs in the region.

The P3-billion development Mandtra Residences is managed and developed by CLI and offers condo units from 21 sqm. to 41 sqm. ranging from P2.35 million to P4.17 million. It began pre-selling its first tower in March and was close to 60 percent sold after three weeks.

Jose Soberano III, president, and CEO of CLI, remarked: “We want to strengthen our leadership in our home base and this joint venture enables us to have access to high-value locations that allow us to offer a new generation of Cebuano entrepreneurs and professionals seeking upgraded living spaces. Our exceptional sales velocity indicates we are indeed meeting a highly felt need.”

With construction already underway, Mandtra Residences is a three-tower development on a landscaped 12,405 sqm property with a lush tropical theme. A retail podium, a sky garden, clubhouse with adult and kiddie pools, jogging paths, fitness gym, and chapel have been designed to provide homeowners a multi-faceted urban sanctuary. According to CLI executives, planning for this project took place at the height of the 2020 pandemic, so the design placed a premium on healthy living and balanced well-being with its generous array of amenities and lush open spaces.

The first tower with a lobby and three passenger elevators has 26 floors with 595 units ranging from studios to one-bedroom units with selected units of both sizes offering balconies. Moreover, several units have been designed so partitions and walls can easily be knocked down and spaces combined. The first tower is set for completion in 2025.

Mandtra Residences will be the first in a planned series of projects from Cebu Homegrown Developers Inc. Soberano concluded: “Our partnership believes in the innate dynamism and abilities of Cebuano entrepreneurs and professionals and hope to meet their aspirations beginning with well-planned residential communities.” (PR)

Lifted from SunStar and all credits are theirs alone: https://www.sunstar.com.ph/article/1890003?fbclid=IwAR0MYHsU83g_oy-zRQUaTsahN1f7v0PA2eFnZ9c5KL7JbczEALWSla2_Yjs

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Why Invest in Mactan, Cebu?

One of the most beautiful islands in the Philippines, Mactan, is starting to gain attraction from people all over the archipelago, both local and investors alike. Aside from its rich cultural history, the island has progressed over the years and is looking very optimistic about the future. Here are our exciting reasons why it’s safe and good to invest your money in Mactan.

Mactan Cebu International Airport
Mactan Cebu International Airport

Gateway to the World – the new Mactan-Cebu International Airport
The new Cebu International Airport has been transformed into a world-class facility with a unique and modern design inspired by local culture. It drives further growth in passenger traffic, which translates to a more robust tourism environment for the region.

The number of flights was increases and MCIA caters to direct international flights to China, Japan, Korea, Australia, Europe, the USA, and other Southeast Asian Countries. It is also said to target new flights in North Asia, the Middle East, North America, and Europe.

cebu-ordova link bridge
The Cebu-Cordova Link Bridge

Transport Infrastructure
Aside from the air transport that MCIA offers, Mactan is also accessible by land and sea travel. Traveling within the island has been made quick and easy as it connects Mandaue City via two bridges: Osmeña Bridge and Marcelo Fernan Bridge. And because of traffic congestion experienced during rush hour, a third bridge called Cebu-Cordova Expressway (CCLEX) is in the works. This will connect Cordova Town in Lapu-Lapu City and Cebu City. And on January 2019, they will start the planning for the 4th bridge.

Also, traveling to Camotes Island from Mactan is now possible through fast crafts of Jomalia Shipping Lines Mactan located at the Mactan Wharf (same location as Cebu Yacht Club). As of Feb 2018, a one-way ticket costs P400/person on Weekdays and P500/person on Weekends.
 
Economy Enabler

Mactan is not only known for industrial businesses but now becoming a hub for quality jobs stimulating the local economy, thanks to the rising BPOs in the area. With more developments in infrastructure, it caters to more office spaces and allows more people in the area to get jobs and generate more income. 

⦁Education
Where would you find a place rich in luxury resorts and education all in one radius? Mactan is a very diverse island and recently announced that there will also be a school opened in the Mactan Newtown Compound called the Newtown School of Excellence as a result of their partnership with La Salle.

The renowned and equipped with state-of-the-art-facilities, the International Academy of Film and Television is also found in Mactan.
Two colleges specializing in Aeronautics is also located in Mactan, namely, Indiana Aerospace University and Philippine State College of Aeronautics. 


Tourism – New Hotels
Known for its white beach and rich marine biodiversity, it is no wonder numerous world-class and five-star hotels make up the Mactan beach line. According to the Freeman, Dusit International, led by Gokongwei/Robinsons Land Corp. will open a 271-room beachfront luxury hotel-resort at the northern peninsula of Mactan by 2019.

Also, Udenna Corp of Davao-based businessman Dennis Uy will be building a $341 million casino-resort named Emerald Resort and Casino in the prime beachfront property of the island. It will be a venue for premier regional destinations for leisure, gaming, and MICE (meetings, inventives, conventions, and exhibitions). 

Great Place to Live
Apart from the noise, Mactan is making now from big investments by listed companies, it will be sought after location for residents both local and foreign. Many developers continue to strive and build quality yet affordable homes to address the growing housing needs of the area.

Upcoming projects in the pipeline in Mactan:

Consolacion-Mactan Bridge
The Consolacion-Mactan Bridge
Cebu-Bohol Friendship Link Bridge
Cebu-Bohol Friendship Link Bridge

Source: https://www.realestatephilippines.ph/why-invest-in-mactan/

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Why Living in Cebu is a Smart Choice for Your Family

May 20, 2020 by 32 Sanson

32 sanson cebu by rockwell

With its thriving economy and stunning beaches, choosing to invest in a condo in Cebu is a good move.

Cebu is becoming one of the most sought-after cities in Visayas with its evident growth in the past years for both business and tourism. 

Looking for a place to raise your family is tricky. A lot of families have been opting to live in condominiums because of the perks it provides. With lots of choices available, it can get overwhelming. Some families in Metro Manila are starting to relocate to other provinces like Bacolod, Cebu, Boracay, to start their new lives in a thriving city. Factors like schools, location, and work available is a given when considering buying a property.  Luckily, Cebu, the Queen City of the South can check them off your list. 

Here are some of the reasons why condo-living in Cebu is a smart choice for your family.

A Certified Economic Hotspot

Cebu is one of the top Philippine tourist destinations to visit and to invest in (1). The Mactan-Cebu International Airport (MCIA) handled 5.76 million passengers for the first half of 2018, a 12.50% increase compared to 2017. (2) Alongside the growing fraction of local and international tourists, new developments are also on the rise in Cebu. With these economic improvements, more people are starting to consider Cebu as a good place to settle down. This means that moving to this city provides growing opportunities for families who want to launch or expand their business. As tourism creates a boost in the city’s overall performance, a surge in economic growth is expected in the years to come.

Fall in Love with the Beauty of Cebu

The hospitality of Cebuanos makes living in Cebu even more enticing. They are very welcoming to tourists and are warm and friendly when interacting with newcomers and guests. It is one of the deciding factors why more people are settling down in Cebu. Aside from Cebuano hospitality, Cebu is also graced by pristine beaches like Moalboal, Malapascua Island, and Bantayan Island. Living in a place where you can just easily relax on a beach is also one of the great factors why people are actually investing in condominiums and properties in the area. The food in Cebu is also one for the books. Delicacies like the Cebu Lechon are making waves not just here but also abroad. Festivities like Sinulog also make it more exciting for interested local and foreign dwellers.

Ease of Travel with Mactan’s New International Airport

Mactan Cebu International Airport Terminal 2 (MCIA) was inaugurated on June 7, 2018 and commenced operations the month after. (3) The world’s friendliest airport changed the ballgame for the city as it launched a new gateway that opened Cebu to the world. Since then, MCIA has been recognized globally for its stellar design, and has won the much-coveted 2019 International Architecture Awards (IAA) for its unique eco-friendly Filipino-themed design. (4) Overall, the airport has improved and has made travel more fun and convenient for everyone.

Family-Friendly Condominiums are on the Rise

ready for occupancy condominium in cebu

Living in a condo unit eliminates many logistical problems that one encounters when staying in a house. It also makes one belong to a community with thoughtfully designed spaces and allows access to a set of amenities. This gives each member of the family something to enjoy. This has been a long-standing commitment of 32 Sanson by Rockwell.

32 Sanson is a rarity in that it is surrounded by greenery and other amenities that adhere to the needs of every member of your family. In addition to its convenient location, 32 Sanson also has a playground, an expansive green lawn, a fitness gym and a swimming pool.

The master-planned development consists of residential towers, with units for sale sitting atop 3.2 hectares of artfully landscaped greenery. For potential buyers who want to immediately move into their units, its third tower, Buri, has recently been turned over for residents to enjoy.

For buyers looking at securing their units from the property; the Solihiya tower is already pre-selling. 

As a premium developer, Rockwell Land understands the needs of a growing family and caters to its community’s needs in the most serviceable manner possible. Looking for a condo for sale in Cebu is now easier with Rockwell adding its roster of prestigious residential developments in the city.

Living in Cebu is a smart choice for any family. There is so much promise in location, marvelous nature, vibrant culture, and thriving economy that condos for sale in Cebu can provide for any growing family in the long run.

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Cebu is still the best place for Real Estate Investment

For the longest time, Metro Manila has been the most prized location for real estate investments. Even a small, studio-type condo in Taguig or Makati generates huge returns. Plus, you will never have to worry about the market because there’s always a buyer or renter who’s willing to pay. But with the coronavirus crisis, things are changing. 

Based on Lamudi’s data, there’s been a strong, brewing interest in locations outside the metro for the past months, since the community quarantine started. While the capital region remains to be in demand, a lot of provinces are getting a share in the real estate market’s attention. Ultimately, this should compel investors to look beyond Metro Manila. 

To borrow what everyone has been throwing a lot lately, you need to embrace the new normal in property investment. That is, consider pursuing rental properties in these provincial hotspots, which, combined with Metro Manila, received over 80 percent of inquiries on the Lamudi platform from February to April 2020:

Cebu

The Queen Region of the South reigns in real estate opportunities, especially because its capital has maintained its status as one of the richest cities in the country. In terms of house and lot investments,  you can check out the units at Primary Homes’ Argao Royal Palms in Argao, MCJR Development Corp’s Vista de Bahia in Consolacion, and Aboitizland’s Almiya in Mandaue. For condos, there’s Megaworld’s One Manchester Place in Mactan and Taft Properties’ Taft East Gate in Cebu City.

EXISTING AND ON-GOING INFRASTRUCTURE PROJECTS IN CEBU:

mactan airport
Cebu-Mactan International Airport, World’s only resort airport
Cebu-Cordova Bridge
Cebu-Cordova Bridge, connecting the Islands of Mactan and Cebu
2nd mandaue-cebu bridge
Marcelo Fernan Bridge

SOME INFRASTRUCTURES TO RISE IN CEBU:

4th bridge
4th Mactan-Mandaue Bridge
metro cebu expressway
Metro Cebu Expressway
cebu international container port
New Cebu International Container Port
cebu BRT
Cebu Bus Rapid Transit (BRT)
isla dela victoria
Isla de la Victoria Project in Cebu SRP

original story: https://www.lamudi.com.ph/journal/provinces-real-estate-investment/

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