El Sol: A residential paradise in Lapu-Lapu

DISCOVER a new kind of lifestyle at Golden Topper’s newest development in Cebu, El Sol. The leisure condominium, whose name translates to “the sun,” is inspired by the warm disposition of the Cebuanos. Featuring a combination of nature-inspired design elements and resort-like amenities, El Sol offers a serene escape from the city noise.

El Sol is located inside the Seagrove estate, a soon-to-rise seafront lifestyle destination by Ayala Land in Punta Engaño, Lapu-Lapu City.

Seagrove will feature a mix of residential and retail components, as well as a hotel in the 14-hectare property. Some of the highlights of the estate is the 500-meter boardwalk fronting Magellan Bay and the 40-hectare mangrove forest.

The project had its grand launch on Dec. 11, 2021, at the Mactan Ballroom of Shangri-La’s Mactan Resort and Spa Cebu, wherein El Sol was formally introduced to guests and brokers with a thorough presentation on its specs as well as an outlook on Lapu-Lapu in terms of real estate. As Golden Topper’s first leisure residence, the property promises a fresh way of living.

Potential investors and homeowners can expect efficiently planned spaces at El Sol. All the units, from the studio to the two-bedroom, are smartly laid out for optimal lighting and ventilation while keeping the interiors sleek and stylish. Residents will also be spoiled with amenities such as a sauna room, yoga studio, karaoke booths, and even an outdoor barbecue area.

El Sol by Golden Topper is slated for completion by the first quarter of 2027. El Sol is Golden Topper’s second project in Cebu, following City Clou located along Jakosalem St., Cebu City. An unnamed future project in Punta Engaño is also in the pipeline. Currently, its portfolio consists of nine projects, including properties in the cities of Makati, Pasay, Quezon, Cebu, and Lapu-Lapu. (CHRISTIAN B. QUILO)

Published by SunStar Daily Cebu last December 27, 2021, thru this link:

For Sample Computations and Full Details of EL SOL MACTAN, please CLICK this link: El Sol Cebu, Pre-selling Condominium in front of Shangri-la Mactan

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The South Coast City in SRP Cebu

by Mark Maylan Lifted from: Sugbo.Ph

When two titans joined forces, they can create a city within a city.

This is what to be expected as two of the country’s real estate giants, Ayala Land Inc. and SM Prime Holdings, had partnered with each other in their newest property development venture in the South Road Properties of Cebu City – the South Coast City.

South Coast City, a P300-B project of the SM-Ayala consortium, is eyed to become the newest entertainment center of the Visayas region, boosting attraction, tourism, and businesses within the area. It will highlight an Arena, Convention Center, and 1-hectare park, among many other mixed-use facilities, to support Cebu’s growing demand for convergence areas.

Moreover, the said project is to generate about two million jobs.

FEATURES

South Coast City sprawls a vast land area of 26 hectares, enough to house state-of-the-art facilities, attractions, and services that will give more vibrance to this part of the metro.

1. Seaside Arena and Convention Center

The Arena is set to be the preferred destination for major local and international entertainment and sporting events while the Convention Center will be one of the largest in Cebu once completed.

Official render

2. District Square

This is the progressive commercial district of South Coast City. This area is planned for mixed-use commercial offerings which will complement the entertainment and recreational facilities of the broader community. It offers investment opportunities through commercial lots.

3. 1-Hectare Park

This linear park will serve as a refreshing green oasis in the middle of the master-planned development.

Fronting the Cebu Strait, South Coast City will take pride of its spectacular waterside views and features. A pedestrian network will link the main areas of the development. Other amenities also include:

  • A 36-meter wide and 320meter long green space.
  • Road networks with primary street widths of 30 meter wide.
  • Underground utilities
  • Underground Telecommunications System duct banks with fiber optic cable capable to handle multiple service providers.
  • Digital Subscriber Line (DSL) technology-cable telecommunications.
Photo by Cedric Maquilan

THE SM-AYALA CONSORTIUM

A consortium led by ALI and SM Prime won the new landbank at SRP (lot number 8-B-1) with a winning bid of P10 billion.

This tactical alliance of the two largest developers in the country is a strategic move to unlock the full potential of the 26-hectare prime property they acquired at the South Road Properties.

In a report, top officials from Ayala Land Inc. and SM Prime Holdings said that they decided to work together on this big project to hasten the development of this area, which the Cebu City government was grooming to be a new central business district.

Project Brief

  • Groundbreaking date: July 2019
  • Target completion date: Phase 1 on 3rd Quarter of 2021
  • Lot sizes: 1,777 – 2,601 sqm (11 commercial lots)
  • Developer: Ayala Land & Cebu Holdings
  • Location: South Coast City, South Road Properties (SRP), Cebu City

Transit Connectivity Map:

  • 500m from SM Seaside, Cebu’s biggest mall
  • 2km from South Bus Terminal
  • 4km from Cebu Port
  • 11km from Mactan Cebu International Airport

PROJECT UPDATES

As of January 2021, groundworks are still ongoing while the city is under community quarantine status. Bore piling works have already begun at the site of the convention center and arena.

The Convention Center’s target opening date is on October 2022 while that of the 16,000-seater Arena will be on July 2023.

Photo from Cebu Holdings
Photo from Cebu Holdings

There is always something more to look forward to in Cebu City even with the pandemic scare looming around us. South Coast City of the Ayala-SM Consortium is a proof that we are destined to achieve bigger and better things in the coming years, as it has always been for the last years.

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WHY A CONDO IN CEBU IS A SOLID INVESTMENT CHOICE

With the Philippine government’s continued efforts to decentralize Metro Manila, the spotlight has turned to other cities for infrastructure and real estate investment – like Cebu, the second largest metropolis in the country. Its big city conveniences, coupled with rustic island living charm, make it an attractive destination for property seekers and investors. This makes owning a centrally-located condo in Cebu an exceptional decision for a first home or initial investment in the city.

Big-ticket projects in Cebu are scheduled for completion in the next few years – like the Cebu-Cordova Link Expressway and the fourth Mandaue-Mactan link bridge. They are expected to improve travel between mainland  Cebu and the rest of Mactan Island and its world-class beach resorts.

The Metro Cebu Integrated Intermodal Transport System, on the other hand, will include a Monorail Transit and Bus Rapid Transit system, which is a first for the city. To boot, the Metro Cebu Expressway will connect the north and south Cebu, easing travel time by 2 hours.

Sanremo Oasis

Sanremo Oasis condo in Cebu

Aspire by Filinvest is at the forefront of these developments, crafting future-forward residential communities at the heart of the bustling Cebu City – just like Sanremo Oasis. This vibrant Italian-themed condo enclave is nestled within the City di Mare townscape of Filinvest in South Road Properties, just a few kilometers away from the Cebu-Cordova Link Expressway. Investors at this strategically located property can surely expect a boost in property values.

A key investment destination

Despite the pandemic, Cebu continues to be a key investment destination. The Cebu Chamber of Commerce and Industry reported in May 2021 a 95% recovery rate for the city’s local economy. This is thanks, in large, to the city being a major player in the business process outsourcing industry, with economic zones like the Cebu Business Park and Cebu IT Park.

Additionally, the construction of around eight township projects continues to be in full swing, and more investments are expected to come in as it plays host to our country’s biggest developers. Just in South Road Properties, you can find three major township developments – UHRI’s NuStar integrated resort and casino, the SM-Ayala South Coast City consortium, and Filinvest’s City di Mare, a 50-hectare master-planned coastal township, the largest among the three. Outside this locale, new township developments are emerging in Mandaue, Lapu-Lapu, and Minglanilla.

Cebu City

Cebu City condos

In addition, the green-lighting of the ₱10-billion New Cebu International Container Port and proposal to build Terminal 3 of the Mactan-Cebu International Airport is indicative of the continued investor confidence in the city.

Given its recovery and anticipation of a return to full-fledged economic activity, choosing a home that is conveniently “close to the action” is a promising proposition. With a condo in Cebu, you have relatively immediate access to the city’s offerings. And as an investor, you have a real estate asset located in one of the most highly-desired property locations in the country.

A world-renowned island

While the urban development and overall fast-paced way of living in Cebu are comparable to the cities of Metro Manila, Cebu City, alternatively known as “The First Capital of the Philippines,” differentiates itself from the current capital region by being a place that also manages to maintain its provincial island charm.

As the country’s oldest city, Cebu has maintained several historical landmarks. These include the likes of Magellan’s Cross, the Sto. Niño Church, and Colon Street. It is centrally located, too, making it easy to get to and from popular beaches like Oslob, Sumilon, Malapascua, and Bantayan Islands.

Sumilon Island

Condominium in Cebu

Cebu City and its namesake island-province are often marketed as a singular tourist destination with its combination of a natural countryside scenery with urban attractions, including cultural-historical sites and developing infrastructure. In 2016, 2017, and 2019, the entire island had entered Condé Nast Traveler’s World’s Best Islands list.

If being an economic and tourism center was not enough, Cebu City is also a university town. It is home to 10 large universities which have branches throughout the city. These include the University of San Carlos and its five campuses, as well as a Cebu campus for the University of the Philippines, to name a few. In October 2020, Central Visayas recorded 278,180 higher education enrollees, which will soon be part of the city’s highly skilled labor force.

When you own a condo in Cebu, you have convenient access to these awe-inspiring spots. If you aim to lease your property, you can enjoy this advantage that will entice more tenants.

Discover an Oasis in Cebu

Metro Cebu has its fair share of condo developments given its extensive urbanization. Of course, no one property is the same, and while some are just addresses, others redefine what a home to retreat to is. Aspire by Filinvest’s resort-style mid-rise communities are among the latter and more.

One Oasis Cebu

One Oasis Cebu for sale

One Oasis Cebu is an Asian-Balinese-inspired residential enclave with a refreshing golf-course view located in Kasambagan, Cebu City. It is highly accessible through public transport along F. Cabahug Ave., and many landmarks are no more than three kilometers and is a bikable distance from major CBDs like the Cebu Business Park and the Cebu IT Park.

Both One Oasis Cebu and Sanremo Oasis dedicate over 60% of their land area to rejuvenating amenities and low-density environs, providing urbanites an escape in the city with a year-round vacation ambiance. Here, you can relish the freedom to live, play, and pursue your passions every day. Stringent health protocols and a 24-hour security system are established to ensure your safety, and a host of rejuvenating amenities are ready for your recreation and leisure.

Along with comprehensive amenities, lush greenery, and strategic locations, condos from Aspire by Filinvest are smartly-designed, with flexible spaces that can support remote work and remote learning. This is an important consideration when investing in a condo in Cebu, as a true home can address all aspects of our lives.

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Are Your Investments Crisis-proof?

“Make your money work for you” is so cliché, until a crisis hits you.

When a crisis hits, like the one we are experiencing now with the deadly Covid-19 virus, you will always find yourself looking for your safety net, and oftentimes you look at your portfolio of investments, lucky if you have many.

For people who are just starting out, picking the right investment is key and when you say “right investment” it doesn’t only mean the returns it could give over a period of time but by how this investment can also help you when the going gets tough.

Among the many types of investments, a condominium property is a bright spot when you talk of crisis-proof investments. Here are three quick reasons why:

1. Its value doesn’t depreciate during crisis.

Unlike in the stock market, the value of a property like a condominium will not dive. It will remain on a stable level and you can always trust that there will be a continued demand for it in the market during crisis, even more so after crisis.

2. It will continue to earn income even during a crisis.

Unlike in businesses like stores or cafes, renters can expect continuous flow of money from rents during crisis, unless the owner decides to waive it out of goodwill. But since a shelter is a basic need, people will continue to pay for it, the same way they will continue to allocate budget for the basic food supplies. A shelter will remain on top of the priority list.

3. It is immediately available should you need it.

In times of crisis, we never know when an extra property comes in handy. Some who may not be renting their condominiums yet, may find themselves getting a lot of interested tenants and then becomes a back-up source of income for the family, especially when some companies decide to close shop and implement force leaves, leaving some of their employees without an income.

We could tell you more, but these should be enough to get you looking at a condominium property in another angle. And to be sure, choose those developed by reliable brands with a proven track record of delivering the best value for your money.

Lifted from: https://www.primaryhomes.co/

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Can tourism-focused real estate help the Philippine property market rebound?

It feels a bit odd talking about tourism-focused real estate when most visitors are unable to travel to the Philippines at the moment. However, it can be an important driver of a Philippine property market rebound once the situation returns to normal.

Philippine Department of Tourism (DOT) data showed there were 8.26 million foreign arrivals in 2019, more than a 15 percent increase from the previous year. That number is dwarfed by the country’s regional peers. In 2019, Indonesia recorded roughly 16 million international arrivals, Malaysia welcomed more than 26 million tourists, Vietnam received an estimated 19 million visitors and Thailand surpassed 40 million arrivals.

So, what gives?

It has nothing to do with a lack of interesting destinations. Tourists who visit the Philippines almost always praise the country’s warm hospitality and beautiful scenery. Arrival numbers elsewhere in Southeast Asia are buoyed by inter-region travel, something not seen in the Philippines due to its isolated location.

But this isn’t really a huge issue, especially as it relates to tourism-focused real estate. Apart from some demand from Singapore, there isn’t a lot of intra-regional property buying. The bulk of tourist arrivals to the Philippines in 2019 came from China, South Korea, USA, Japan, and Australia.

Tapping into the retirement market could also benefit the country. The Philippines has one of the best retirement visas available in Southeast Asia. This could help it attract more long-stay visitors.

On the domestic front, an additional 60 million trips are made by locals each year, an important figure to note. This means there is a large base of both international and domestic property buyers who will likely return to the country’s popular tourist destinations once the COVID-19 situation has improved.

Being ready to tap into this market and deliver tourism-focused real estate could be a catalyst in a Philippine property market rebound. Of course, it is also much easier said than done.

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Why does the Philippines need to develop tourism-focused real estate?

What’s holding the Philippines back?

According to the Philippine Statistics Authority (PSA), tourism accounted for 12.7 percent of the country’s GDP in 2019, up from 5.6 percent in 2000. Both government and private sector investment in the tourism sector has grown as well.

The PSA found that private investment rose by an average of 19.3 percent annually between 2010 and 2019. Government investment in tourism infrastructure and other related fields increased by 4.6 percent on average from 2012 to 2019.

This is good, but not nearly enough. While tourism infrastructure has improved in some parts of the Philippines, such as Cebu and Puerto Princesa, more work is needed to make the country a viable destination for real estate investors.

Apart from improving infrastructure, developers must be more in tune with the needs of tourism-focused real estate buyers. There are a few companies getting it right (we will get to those a little later in the article) but too many firms aren’t being innovative when launching new projects in tourist destinations.

Looking at tourism-focused real estate success in Southeast Asia

Developers in the Philippines don’t have to look far to find tourism-focused real estate success stories. Bali has been attracting foreign property investors for decades in spite of complex laws that prevent freehold ownership. Having a first mover advantage has helped the island with homebuilders and agents now boast decades of experience in helping property buyers.

In Thailand, the rise of the condotel helped attract a new wave of property buyers who can enjoy the best of both worlds–investment returns and a holiday home. If you are unfamiliar with the condotel concept, it is a project sold similar to a pre-selling condominium but operated like a hotel.

The main difference between most condotels in the Philippines and ones in Thailand’s tourist areas is management. Thai homebuilders are partnering with well-known, 4- and 5-star hotel brands to manage their condotels. These are more attractive to buyers since they trust the brand and are more popular with guests ensuring strong rental returns. In the Philippines, many developers try to manage the property themselves which can be off-putting to potential investors.

Tourism-focused real estate in Vietnam has taken off during the past five years despite foreign buyers being unable to access this market. Driven entirely by domestic demand, developers here have been able to take advantage of the country’s rapidly growing tourism sector. Similar to Thailand, most projects are condotels or other properties that provide on-site management for investors.

If tourism-focused real estate in the Philippines is going to grow, developers need to understand what property seekers are after. Most require a hands-free investment being operated by a hotel brand they trust. They also like having the option to stay at the property for a week or two every year. This is something a handful of real estate developers in the Philippines have adapted to.

Early movers

Grand Land tourism-focused real estate
Grand Land is leading the tourism-focused real estate efforts in Cebu

While there hasn’t been a lot of activity when it comes to tourism-focused real estate in the Philippines, a few developers have recognized the potential of the sector. In Cebu, Grand Land has been at the forefront. The Grand Tower, a mixed-use project containing the Dusit Princess Cebu, was one of the region’s first condotels targeting users/investors.

The project will be operated as a hotel with unit owners sharing net room revenue. Additionally, they are entitled to stay at the property 15 days each year. Dusit Princess Cebu proved to be popular among both local and international investors which saw it quickly sell out. Construction is ongoing and the development remains on schedule.

The Chancellor Hotel from Global-Estate Resorts, Inc, a subsidiary of Megaworld, is another tourism-focused real estate project making waves in the country. Located in Boracay, this condotel is perhaps the most ambitious to date. It allows property buyers a chance to invest in one of the country’s most popular destinations.

Can tourism-focused real estate help the Philippine property market rebound?

It’s important not to get carried away about what type of impact this can have. Tourism-focused real estate can help the Philippine property market rebound, but it is only one part of a larger equation.

Ultimately, this sector serves as a link between the property and tourism industries that can elevate both. Tourism-focused real estate in the Philippines won’t single-handily turn things around. However, it could help the Philippine property market reach new heights once the current situation has passed.

Developers may think demand isn’t there, but this seems like a miscalculation. Overseas buyers are already active in places like Cebu, but there are many more on the sidelines waiting for condotel projects that provide a hands-free form of investment.

There is likely to be greater demand for tourism-focused real estate from both domestic buyers and OFWs. That is because it ticks a lot of boxes in terms of what they are looking for. The potential for returns is good, there is no need to worry about management and it doubles as a holiday property.

That being said, it is necessary to mention the risk which we are living through now. Another global pandemic would harm tourism-focused real estate more than traditional properties. Both developers and investors will be keenly aware of that.

If you look at some of Southeast Asia’s other tourism destinations, you’ll see the property markets bounced back here faster than urban locations. Both Bali and Phuket have overcome catastrophic events to maintain their upward momentum.

At the very least, it won’t hurt the property sector to consider tourism-focused real estate moving forward. As we have seen elsewhere in the world, doing so may benefit everyone.

lifted from: DOT PROPERTY

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Residential demand in Cebu is likely to pick up this year

Residential demand in Cebu is expected to increase this year with lower real estate prices and key infrastructure projects driving the market forward. The city has been the preferred investment destination outside of Metro Manila and that trend will continue in 2021.

“Colliers projects a potential rebound in residential demand in 2021 (in Cebu) and thus sees a faster pace of price increase from 2021 to 2022 to reflect a stronger residential market,” Joey Bondoc, Colliers Philippines Senior Research Manager explained to the Philippine News Agency.

He continued, “The residential sector of the area is at a discount as compared to projects located within the country’s capital. The proliferation of both local and national developers in Cebu has raised land and property values.”

Research from Colliers Philippines found that new project launches and take up both fell in 2020 due to the COVID-19 pandemic. However, the consultancy believes both will recover this year on the back of strong residential demand in Cebu.

What’s driving residential demand in Cebu?

Two key factors have been responsible for driving residential demand in Cebu over the past ten years. Firstly, home prices are significantly less than those in Metro Manila which is appealing to buyers. Secondly, a number of infrastructure projects will improve the region’s connectivity and boost property prices in the future.

“Over the past few years, we have observed the transformation of Cebu’s skyline with large-scale residential, commercial, retail and hotel developments. The property boom in Cebu offers an alternative metropolitan-paced business lifestyle at a discount to Metro Manila,” Bondoc stated.

Several key infrastructure projects remain in the pipeline and these could support the growth of the Cebu and Davao property markets. In Cebu, the Cebu-Cordova expressway, Cebu bus rapid transit, Cebu monorail, and Metro Cebu expressway are a few of the possible improvements.

(c) https://www.dotproperty.com.ph/blog/residential-demand-in-cebu-likely-pick-year

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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 Real Estate Is The Best Investment For Retiring OFWs

by Silingan, a Primary Homes blog

Being an Overseas Filipino Worker is not easy. It takes a lot of sacrifices and you can only imagine how difficult it must be to work in a foreign land away from your loved ones. OFWs endure the loneliness and hardships just to give their families a better future.

As the years go by, you realize that you cannot be an OFW forever. You eventually want to rest and retire but of course, you need to make sure you have enough funds to do this. Saving is most people do but is it enough? Here are the reasons why investing in real estate is the best way to go:

  1. Real estate is a safe investment. The value of land always keeps appreciating. With the volatility of the stock market these days, you would want to invest your money into something that is tangible and real.
  2. Can be used as leverage. Say there is an emergency and you need to get a loan as soon as possible. Owning a property means you can use it as leverage to get a loan. Lenders usually check your credit history, income, debt, and credit score to verify if you could pay back the money you loaned. By owning a property, you can secure the loan by having your property as collateral so that you can surely get that loan approved.
  3. Can be monetized. You can earn a passive income by having your property rented. Many applications in this digital world can help you earn money by allowing guests to stay in your place for a limited period of time. This is perfect because you can still use your place any time but if when nobody is using it, at least there’s money that goes in which you working extra hard to make it happen.
  4. You can use it. You don’t need to worry if you too tired to go home after a long day with the kids. By owning a property in a prime location, you can rest easy knowing that you are not wasting your precious time being stuck in traffic on your way home!
  5. Legacy Investment. Real estate is one of the common things passed down from generation to generation. Bypassing it on to your kids you can assure them that no matter what happens in life whether the economy is booming or not, they will be assured that there will always be roofs on their heads and they have a place to call home.

The original article is lifted from this site, all credits are yours: https://silingan.com.ph/why-real-estate-is-the-best-investment-for-retiring-ofws/

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Taft Properties: In solidarity with Cebu

June 30, 2020 by Christian Jay B. Quilo

Horizons 101 by taft properties

FOR more than two decades now, Taft Properties has established itself as a formidable player in the real estate industry—a developer that takes time to truly understand the communities it plants roots in and what its residents need. In light of the current Covid-19 pandemic, the company gives back to the community of Cebu with a series of CSR initiatives.

The iconic Horizons 101, the tallest residential development in Cebu City and the tallest out of all its six projects, was lit in blue to show support for the workforce in the front lines during this global health crisis.

Taft Properties also partnered with the Mayor’s Office of Cebu City in distributing boxes of face masks to the city’s key health centers and other constituent institutions. For a personal touch, each box contained messages of appreciation from the company’s employees and sales partners as part of the “Taft Covid Hero” project, Taft’s way of making sure our modern day heroes know that their efforts are seen and acknowledged.

Company representatives also personally turned over boxes of face masks to the captains of select barangays in Cebu City such as Lahug, Ramos and Guadalupe.

Key facilities in Cebu were also recipients: the personnel and inmates of Cebu City Jail, as well as the healthcare workers in Bayanihan Center Cebu, a recently completed quarantine facility in the Queen City.

Taft touched base with neighboring cities as well: Lapu-Lapu, specifically the barangay of Marigondon, where Soltana Nature Residences—another Taft development—is located.

Unit owners who are frontliners also received face masks, while the company’s own frontliners—staff in departments such as security, logistics and utility—were given care packages as a sign of the company’s gratitude for their daily efforts in keeping operations running as usual the safest way possible.

With Colliers International at the helm of property management, the company has also taken great strides to maintain a high standard of sanitation and hygiene across all its properties: common areas are regularly disinfected, precautionary measures are heightened and strictly implemented, and security and maintenance personnel are housed in the building to ensure their health.

As Cebu continues to fight through these trying times, Taft Properties expresses its unwavering support for the community and its frontliners with one message: “Stay safe, be strong.”

ORIGINAL STORY: https://www.sunstar.com.ph/article/1861926/Cebu/Feature/Taft-Properties-In-solidarity-with-Cebu?fbclid=IwAR0eGJNv8zioRCy2i1xJYJLMN13cYgHmk8_elvYR_3twGvMHTMtrThfO0n4

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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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Philippine developers still focused on 2020 REIT launches

After years of waiting for favorable REIT rules and regulations to be approved, firms have no intention of letting COVID-19 derail share offering plans. DoubleDragon became the second Philippine developer to announce a REIT launch in 2020.

The Department of Finance, Securities and Exchange Commission, Bureau of Internal Revenue and Philippine Stock Exchange signed off on the new REIT rules at the start of the year. Developers had been lobbying for the rule changes for almost decade.

Ayala Land was the first developer to submit a REIT application in the Philippines, doing so in January. According to BusinessWorld, the Ayala Land REIT includes three commercial developments in Makati: Solaris One, Ayala North Exchange and McKinley Exchange.

Despite the COVID-19 pandemic causing a property market slowdown, Ayala Land Offices Head Carol T. Mills told the website that the firm is committed to launching its REIT in 2020.

DoubleDragon readies 2020 REIT launch

Developer DoubleDragon is preparing a PHP11 billion REIT launch that will take place during the fourth quarter. The company has decided to go ahead with plans to bring it to the market in 2020 despite economic uncertainty caused by COVID-19.

In an interview with BusinessWorld, DoubleDragon Chairman Edgar J. Sia II explained, “Although there is a global pandemic now going on, there are still investors looking to invest in specific companies that they think have a good, relevant and resilient portfolio. Right now, what matters the most is the long-term relevance and resilience of the business model more than anything else.”

Both DoubleDragon and Ayala Land will reinvest money generated from the REIT launches into their respective businesses. According to Santos Knight Frank, this reinvestment will contribute to the growth of the entire Philippine property sector and is the main benefit of the new REIT guidelines.

“We anticipate that REITs will drive an increase in acquisition, consolidation, and property development activities across the Philippines in the coming years. New capital raised by the developers through REITs will enable expansion of the real estate sector not only in Metro Manila but also in the provinces, and with it generate jobs across many sectors,” Kash Salvador, Associate Director for Investment & Capital Markets, Santos Knight Frank, noted.

lifted from this article: https://www.dotproperty.com.ph/blog/philippine-developers-still-focused-2020-reit-launches

all credits goes to Dot Property Philippines

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ARUGA RESORT AND RESIDENCES MACTAN, CEBU

Aruga Resort and Resideces – Mactan is a beachfront hotel fused with exquisitely designed residences in Mactan, Cebu.  This 4.7-hectare sanctuary is nothing less than Rockwell’s boldest move yet.

Lined along the serene side of the island, Aruga Resort and Residences – Mactan is an innovative residential concept that mixes the perks of resort relaxation with Rockwell’s signature community living.

With only about 150 units, boasting of a 200-meter beach front, you can have your share in this exclusive paradise reserved for the country’s discerning elite.

Reside and retreat in this unique, tropical bliss.

Aruga Resort and Residences Mactan – My Kind of Neighborhood.

A private escape turned into a luxurious piece of real estate, Aruga Resort and Residences – Mactan is conveniently located along Mactan’s sophisticated string of hotels and leisure establishments.

Complementing the relaxing atmosphere by the beach, the propert’s open areas are adorned by manicure gardens, keeping the area cool and energizing.

The hotel and residential areas are seamlessly integrated, bringing the best experience for guests and homeowners alike.

Aruga Resort and Residences Mactan – My Kind of Sun.

Wake up to sun-kissed mornings.

Stroll along the shore, sand cushioning your every step adn the water tickling your toes.  With 200 meters of private shores, you are enveloped in privacy.

If the sound of the waves won’t drown you worries, then a dip into the blue would definitely fill you with tranquility.

It’s a much-deserved retreat – your beachfront refuge awaits.

Aruga Resort and Residences Mactan – My Kind of Leisure.

Immerse yourself in peace.  Drift into your personal realm of relaxation as you take a dip in the pool, accompanied by a picturesque view from every angle.

Leisure is taken up a notch in our facilities.  Make time or your physical wellness a the private gym, complete with the latest in fitness equipment.  Or make unforgettable memories at our fully serviced function rooms.

SHORT VIDEO:

THE LOCATION:

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Rare Find: Fully Furnished Condo in MHAM

Rare Find: Brand New Fully Furnished Ready for Occupancy Condominium in Sundance Residences Banawa very near MHAM for only P4,000,000.00!  

Its close to schools, churches, hospitals, malls and urban destinations.  In the Building is a 24/7 Convenience store ( 7-11), a Japanese Restaurant, Nuat Thai, Skin 911 and a laundry shop. You can very well enjoy the city and mountain view in the balcony. 

DETAILS:

  • Location: along the main road in Banawa, Cebu City (infront of MHAM)
  • Unit type:  STUDIO WITH BALCONY
  • Floor Area: 28.33 sqm
  • 9th Floor facing nature/ mountain

UNIT FEATURES: 

  • 1.5 HP window type A/C 
  • 4 cubic meter Refrigerator
  • 2 beds
  • Dining Table & Chairs
  • 32″ TV
  • Cabinets
  • Hot and cold shower
  • Gas Range & Range Hood
  • Ceramic/porcelain tiles
  • Kitchen cabinets (overhead & under counter)
  • Granite kitchen counter
  • Painted wall finish
  • Lavatory & water closet
  • Provision for washer & dryer
  • Fire alarm & protection system
  • Provision for CATV & telephone

AMENITIES & FACILITIES:

Ground Floor :

  • Residential Elevator Lobby
  • The Strip at Sundance (pocket retail/commercial area)
  • Water Wall Fountains
  • Covered Carpark
  • Mail Room

Second Floor:

  • The Lobby Lounge (Main Reception)
  • Poolside Lounge with Bar
  • Fun Pool
  • Kiddie Pool
  • Party Hall
  • Family Gardens
  • Outdoor Play for Kids
  • Playroom
  • Sky Garden
  • Zen/Meditation Garden
  • Fitness Center
  • Family Entertainment Center
  • Jogging Path
  • View Deck
  • Prayer Room

BUILDING FEATURES:

  • (3) three Mitsubishi elevator
  • 100% back-up power
  • Sky Garden

Additional FeaturesHas provision for:

  • Window-type air conditioning
  • Single-point heater
  • Washer/dryer
  • Outlet for cable, telephone & TV
  • Kitchen cabinet with grease trap
  • Individual metering of water and electricity
  • Fire sprinkler 
  • Door bell
  • Fire alarm detection

LOCATION:

NOTE: PROTECT YOUR INVESTMENT, DEAL ONLY WITH COMPETENT LICENSED REAL ESTATE BROKERS. 

COCOY M. TOLEDO, LL.B.
Licensed Real Estate Broker
PRC License No. 20332, valid until Nov. 9, 2021
PTR No. 246098, valid until Dec. 31, 2019

RICHEL PARADIANG-TOLEDO
Licensed Real Estate Broker
PRC License No. 20331, valid until Dec. 31, 2021
PTR No. 246099, valid until Dec. 31, 2019


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Avida Towers Riala IT Park

Avida Towers Riala IT Park – Live without compromise!

More than work-life balance, we believe that quality of life is determined by a dynamic integration of passion, leisure, and lifestyle. This dynamic is exactly what merges metro and eco-living together, no compromise made. This is the new living standard we aspire for.

Avida Towers Riala Cebu IT Park, Avida’s newest development in Cebu. Offer wide greens and open spaces that welcome you to a place unlike any other- a place where nature resides in the middle of the city.

Located at the Cebu IT Park, the city’s most dynamic lifestyle district, Avida Towers Riala Cebu IT Park is mere steps away from the best the city has to offer: commercial and business centers and top schools and hospitals, among others. Experience all the color and excitement of the city and enjoy the tranquility of nature. Here, life in the city is truly no compromise.

Experience convenience at its best at Avida Towers Riala Cebu IT Park. Unwind, dine and shop at cafes, restaurants and retail outlets, all located within the Avida Towers Riala complex. Enjoy a variety of activities, from the most laid-back to the most active. Live the complete life, enjoy the best the city has to offer and come home relaxed in this haven of open greens in the middle of the city.

WATCH AVIDA TOWERS RIALA VIDEO:

For computations and full details, please click this link:  https://gabrielrealtybrokerage.com/?property=avida-towers-riala-99

Amenities of Avida Towers Riala: 

  • Adult and Kiddie Swimming Pool
  • Multipurpose Hall
  • Shooting Court
  • Children’s Play Area
  • Grand Lawn,
  • Private Garden and Meditation Areas
  • Outdoor Fitness Areas

Building Features:

  • Main lobby for each building (min of 30 sqm)
  • Three (3) Elevator units (min. of 15-pax capacity each)
  • Admin room – applicable in First tower only (min of 20 sqm)
  • Utility room (min of 15 sqm)
  • Emergency power
  • 100% on safety; 50% on common areas
  • 1 power outlet, 1 ref outlet, & 1 lighting unit for Studio and 1-BR units
  • 1 power outlet, 1 ref outlet, & 2 lighting units for 2-BR unit
  • Garbage Chute
  • Fire protection/ fire alarm system
  • Mailbox per unit located at the lobby
  • Units are electricity, telephone, cable television & internet ready
  • Transformer Vault & Genset Room to be located at the ground floor level

Landmarks:

  • Cebu Country Club – 300 meters
  • University of San Carlos – 3 km
  • Cebu Business Park – 5.3 km

MASTER PLAN:

VICINITY MAP:

NOTE: PROTECT YOUR INVESTMENT, DEAL ONLY WITH COMPETENT LICENSED REAL ESTATE BROKERS.

COCOY M. TOLEDO, LL.B.
Licensed Real Estate Broker
PRC License No. 20332, valid until Nov. 9, 2021
PTR No. 246098, valid until Dec. 31, 2019

RICHEL PARADIANG-TOLEDO
Licensed Real Estate Broker
PRC License No. 20331, valid until Dec. 31, 2021
PTR No. 246099, valid until Dec. 31, 2019

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