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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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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Trillium Residences in Cebu Business Park

Trillium Residences Cebu – the only surprisingly affordable and High return of Investment condo in Cebu Business Park area!

Trillium Residences Cebu, Condominium for sale in Cebu, where all units are now ready for occupancy and have balconies, with the highest ceiling at 3.1 meters, and located in a flood free area (highly elevated).

Trillium Residences Cebu’ premium location is just 2-blocks away and short walking distance to Ayala Mall, Cebu Business Park, the Cebu IT Park, very near schools, hospitals, churches and hotels.

So, why TRILLIUM RESIDENCES CEBU?
  • Strategic Location (very near Cebu Business Park) 
  • Competitive Pricing without sacrificing quality
  • Property Management Team are marketing savvy
  • High Value Appreciation
  • Sustainable Living for own and rental use (hotels in the nearby area are almost fully booked everyday) 
  • Reputable Developer
  • Flood free area – highly elevated

FEATURES:

  • 18 storeys stand alone mix condominium 
  • Ground Floor- commercial spaces
  • 2nd Floor – Collapsible function rooms which can be converted into a grand function hall
  • 3rd Floor – Office Spaces
  • 4th to 14th Floors – Residential units
  • 15th Floor- for Amenities such as a Swimming Pool with waterfalls, a Daycare Room, a Gym & a Game Room that could be converted in a Business room/center.
  • 6th to 18th Floor –Penthouse Loft type units
  • 2 Basement parking with twin elevator system.

SPECIFICATIONS:

  • TOTAL OF 123 RESIDENTIAL UNITS
  • 100 STUDIO UNITS
  • 15 UNITS 1 BEDROOM
  • 8 UNITS 2 BEDROOM
  • 3 PENTHOUSE LOFT TYPE WITH 360 DEGREE VIEW OF CITY
  • 5 COMMERCIAL UNITS AT GROUND FLOOR
  • 11 OFFICES SPACES AT THE 3RD FLOOR
  • 200 SEATING CAPACITY GRAND FUNCTION ROOM, COLLAPSIBLE INTO 5 MEETING ROOMS
  • 2 HIGH SPEED ELEVATORS

AMENITIES & FACILITIES: 

  • Swimming Pool and Water facilities at the roof deck
  • Indoor fitness gym, Daycare Center, Garden & Viewing Deck around swimming pool
  • Visitor’s Lounge & Commercial spaces at the ground floor
  • Rentable Function Hall & Rooms, up to 200 pax at the 2nd floor
  • Rentable Office spaces at the 3rd floor
  • Individual mailboxes, Fire Alarm, Smoke Detectors & Sprinkler System
  • 2-Unit High – Speed Elevators, CATV & CCTV Security Camera
  • Standby Generator Set
  • High Ceiling, approx. 3.70m floor to floor height
  • 95% of units with balcony, Space provision for washing machine
  • .30 x .30 Ceramic floor tiles, Granite Kitchen top & cabinets
  • All walls & ceiling are primed white
  • 3 Units Penthouses (1 unit with floor area of 257 sq.m per floor at 16th to 18th Floors)

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

RICHEL PARADIANG-TOLEDO
Licensed Real Estate Broker
PRC License No. 20331

 

 

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Why The Persimmon Condominium?

The Persimmon Condo

The Persimmon Condo for sale in Cebu brings together modern living and convenience all in one place by combining residential units and commercial establishments. With the commercial area built within the confines of the condominium community, residents are just a few steps away from shopping, dining, entertainment and other services like health, ATM, among others.

All the elements of the good life are here. Every urbanite can now recharge amidst Asian-Contemporary architecture, rejuvenating green spaces, and unparalleled city or coastal views.

Everything in Cebu is near its doorstep

The Persimmon Condo is conveniently located at M.J. Cuenco Avenue, Mabolo, Cebu City. It is near the city’s major shopping centers, business districts, BPO belt, churches, schools, hospitals, night spots and highly accessible from the main roads and highways, airport and shipping ports.

The Persimmon Condo – your most convenient and refreshing address right at the center of Cebu.

WATCH THE PERSIMMON CONDO:

Why The Persimmon?

  • Central Location (accessibility)
  • Sea and mountain views
  • An upscale development
  • Themed development (Asian Contemporary)
  • Home ambiance
  • Vertical Village feel / neighborhood appeal
  • Landscaped open space
  • Income generating investment (lease/rent)
  • Investment value growth from a trusted developer
COMMERCIAL:
  • Themed commercial neighborhood
  • Food (restaurants, cafes, etc)
  • Entertainment (resto,bars,family ktv)
  • Services (laundry)
  • Repair
  • Health and Beauty (spa/salons)
  • Grocery
  • Activity area
AMENITIES:
  • Adult lap pool and kiddies pool
  • Clubhouse
  • Function room/boardroom
  • Game room
  • Multipurpose court: basketball and badminton
  • Children’s playground
  • Landscaped open spaces
  • Commercial area fronting the Residential Enclave
FEATURES:
  • Selected units with balcony
  • All units are combineable
  • Kitchen (with under counter cabinets, sink, faucet)
  • Laundry drying cage per unit
  • Exhaust system for bathrooms
  • Space provision for washing machines
  • Telephone and cable TV ready units
  • Individual metering for water and electricity

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

RICHEL PARADIANG-TOLEDO
Licensed Real Estate Broker
PRC License No. 20331

ATTY. WILFREDO S. TOLEDO &
ATTY. JURIS ANGELI TOLEDO
Legal Consultants, Gabriel Realty & Brokerage

 

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