Rising demand to prevent glut in Cebu’s condos, says realtor

By Mia A. Aznar

Tuesday, November 29, 2011

REAL estate brokers do not see a slowing down of condominium developments in the next five years, even with the sudden growth of such projects in Cebu.

Richard Azares, incoming president of the Philippine Association of Realtors Board (Pareb)-Cebu Realtors Board (Cereb), said they remain bullish on the market for condominium units.

Azares noted that the bulk of the buyers are investors and overseas Filipino workers (OFWs), who make up 50 percent of the buyers of condominium units.

However, they also cater to starter families, retirees who don’t want the hassle of maintaining a big house, and those working in business process outsourcing companies.

Though majority of the projects are between the P1-million and P3-million range, Azares noted that there is a niche for the high-end condominium units, those that are over P5 million.

“You would be surprised,” Azares told Sun.Star, saying the more expensive condominium units are also selling fast.

While some still consider it as an investment, there are many who opt to live in condominium units.

The optimism for the condominium development comes from the fact that many of these units are already sold at the pre-selling stage, which is not happening in other countries.

Investors, on the other hand, feel real estate is the safest investment these days. “Some of them buy one unit in each development.”

Though most of these investors are Cebuanos, Azares noted business owners from Mindanao are among their buyers, particularly those who want to send their children to school here and buy condominiums for them to stay in.

He acknowledged that some are apprehensive about the sudden rise in condominium development but he allayed fears that too many are being built at the same time that there could be market saturation.

“For now, we don’t see that happening,” he said.

House and lot units are also climbing steadily, although the growth is not as fast as with condominium projects.

Azares said that for Filipinos, they can never go wrong if they invest in real estate. Instead of just keeping money in the bank, which gives low interest rates, leasing or reselling property gives them more for their money.

He cited the case of Consolacion, which once sold lots for P1,000 per square meter.

With the opening of the Cansaga Bridge and the development of a new SM mall, Azares said lots in the town now fetch prices of not less than P5,000.

However, he still believes the development is heading south, with the South Coastal Road and South Road Properties paving the way.

Published in the Sun.Star Cebu newspaper on November 30, 2011.

ALI plans to integrate business, IT parks

By Katlene O. Cacho

Tuesday, November 29, 2011

AYALA Land Inc. (ALI) recently launched Cebu Park District, a new brand that aims to promote further its two major developments here, the Cebu Business Park and Cebu I.T. Park (formerly Asiatown I.T. Park).

ALI president and chairman of Cebu Holdings Inc. Antonino Aquino last week said the new brand is meant to uplift the image of Cebu’s twin business districts as a “complete destination in itself yet complementing each other to create the premier
district of business, leisure and living in the region.”

He said the new branding would help them reinforce the firm’s footing in the real estate industry in the Southern Philippines.

Aquino compared Makati and Bonifacio Global City with CBP and Cebu I.T. Park, which have similar integrated developments. “We want to replicate the success of our developments in Manila here in Cebu,” Aquino said.

“Cebu Park District is a testimony to the company’s proven track record of building integrated cities that offer diversity, vibrancy, and dynamism. Already recognized as the city’s leading destination for shopping, dining, and recreation, on top of being a thriving business hub, efforts are now underway to integrate CBP with Cebu I.T. Park,” ALI said.

Aquino said the Cebu Park District will be a home of an integrated urban community.

“Our intent is to continue to build toward this vision: to introduce people to a mixed-use and integrated living concept where the live-work-play equity comes to life.”

More to come

ALI and Cebu Holdings Inc. have invested over P10 billion in the last 22 years. Aquino said the company will be investing over P10 billion more for new developments in Cebu over the next five years.

Six buildings are under construction and two more developments are expected to begin within the year at CBP. Cebu I.T. Park, on the other hand, continues to see rapid development with seven buildings under construction.

According to ALI, CBP and Cebu I.T. Park today compose the biggest twin master-planned developments in Southern Philippines and are both certified as business and I.T. economic zones by the Philippine Economic Zone Authority.

ALI believes with the accelerated build-up, Cebu Park District will be able to provide more opportunities for employment and entrepreneurship. CBP and Cebu I.T. Park have over 35,000 workers, a figure that’s expected to grow by 20 percent next year.

Aside from building communities, office and retail establishments, ALI has also invested in infrastructure improvements to improve pedestrian and traffic management within the parks, as well as landscaping and streetscapes to maintain the “park experience”.

Published in the Sun.Star Cebu newspaper on November 30, 2011.

ALI launches multi-tower Solinea

By Katlene O. Cacho

Friday, November 25, 2011

PROPERTY developer Ayala Land Inc. (ALI) on Thursday officially launched Solinea, the first multi-tower development soon to rise at the Cebu Business Park (CBP) under the Alveo brand.

ALI president and chairman of Cebu Holdings Inc. (CHI) Antonino Aquino said the project is expected to introduce a new landmark in Cebu, in addition to a couple more residential and commercial developments at CBP today.

Aquino said Solinea is another testament to ALI’s confidence in Cebu’s thriving local economy. The company expects the demand for residential projects in Cebu to continue to surge, given the booming tourism and business process outsourcing markets.

He also pointed out that the local property market is poised to strengthen further due to the low-interest environment. Low interest rates offered by banks have driven investors to develop residential projects since end-users can more likely acquire the units.

ALI and CHI will be investing over P10 billion in new developments in Cebu over the next five years. This is in addition to the over P10 billion it already invested in the last 22 years, Aquino said.

According to Alveo Land, Solinea is the firm’s first multi-tower development in Cebu City, master-planned and envisioned to offer city resort living—“a balanced lifestyle merging the vibrant pace of the city and the relaxing ambience of a resort-inspired environment.”

Alveo Land is the middle-income unit of ALI and is the developer of Two Serendra at the Bonifacio Global City in Taguig.

Jennylle Tupaz, project development head for Alveo Land, said Solinea is initially planned to be a five-tower development on a 2.6-hectare property at CBP.

The first phase of the development is a 29-storey tower with 591 units.

Tupaz said total investment cost for Tower 1 is estimated at P1.8 billion, while its estimated sales value is at P2.4 billion.

The Tower 1 will offer studio units (25-31 square meters) at P2.5 million; one-bedroom units (34-39 sq.m.) at P4.2 million; and two-bedroom units (50-63 sq.m.) at P5.3 million. Solinea will also offer two special units: garden flats and urban flats.

Tower 1 will also have five levels dedicated for podium parking.

Tupaz said construction of the project will begin early next year. Alveo hopes to turn over Tower 1 by the fourth quarter of 2016.

Tupaz described Solinea as a resort-residential lifestyle set in a thriving urban enclave. The development will have lush landscapes, and manicured pocket garden and open spaces.

Among its exclusive amenities are a swimming pool, central clubhouse with a gym, function and game rooms, and retail and dining areas.

The Solinea project is a joint venture of Alveo Land and CHI.

Alveo’s first entry in the Visayas-Mindanao market is its flagship project Sedona Parc, a 21-storey residential condominium project with 114 units, also located at the CBP. Sedona Parc is already 70 percent sold out.

Published in the Sun.Star Cebu newspaper on November 26, 2011.

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Officials top off Calyx Center in IT Park

By Katlene O. Cacho

Tuesday, November 22, 2011

INNOLAND Development Corp. officials topped off the company's P1-billion flag­ship "green project" Calyx Center on Monday. Construction of the firm's two other real estate projects is underway, a top official of the company said.

Innoland Development Corp. marketing director Crystal Chloe Ong said units of the mixed-used development Calyx Center are already fully sold.

She said residential units of the building will be turned over to owners in September next year. The retail component, on the other hand, will be delivered in the first quarter of 2012.

Ong said a healthcare company will occupy three floors of the building.

Calyx Center is a 26-storey green hybrid building that has over 200 residential and commercial units at the Asiatown I.T. Park. The project was the first of three developments the company worked on since last year.

Early this year, the company launched the P700-million Calyx Residences, a 27-storey "green residential tower" with 223 units at the Cebu Business Park. Ong said over 100 units or 70 percent of the residential building is sold out.

Later in the year, the company launched and started construction on The Link, a 20-storey BPO building beside i2 at the Asiatown I.T.Park.

The Link will house 12 floors of leasable office spaces, five levels of above-ground parking, one level basement parking and a retail area on the ground floor.

Ong said the company already started negotiating with potential BPO locators. She said the continued growth of the BPO industry in Cebu prompted the firm to build another office building.

The Ong family is also the owner of the TGU Towers in Asiatown I.T. Park.

In earlier interviews, Innoland chief operating officer Charles Vincent Ong said these three projects would help strengthen the company's foothold in the real estate business in Cebu.

He attributed the company's bullish outlook to Cebu's growing tourism and BPO industries.

Published in the Sun.Star Cebu newspaper on November 23, 2011.

FLI turns over 80 condo units to owners

By Katlene O. Cacho

Monday, November 21, 2011

GOTIANUN-led Filinvest Land, Inc. (FLI) has turned over 80 condominium units, valued at P200 million, of One Oasis Building 1 of to investors, a top company official said.

Tristan Las Marias, FLI first vice president and project head for Visayas and Mindanao, said 80 owner-investors and 240 of their family members have occupied the units, according to their latest headcount.

One Oasis Building 1 has a total of 130 units valued at P325 million.

Las Marias said 50 more units are being prepared for delivery and over a hundred applications are still being processed.

FLI is also the developer of the integrated community Citta di Mare, which is being built at the South Road Properties.

FLI said the first phase of the P1.9-billion One Oasis medium-rise condominium project has recorded brisk reservations and sales in the last six months.

Metropolitan living

FLI said One Oasis is marketed to be a home for individuals and families who want "quality metropolitan living." FLI said the property "is designed for people on the go, who need homes within a few minutes' drive to shopping malls, schools, and hospitals, and who seek living convenience at the heart of the city while enjoying a refreshing ambience."

One Oasis sits on a 3.7-hectare property in Mabolo. FLI plans to build 10 mid-rise buildings in the area.

Meanwhile, FLI said onsite construction of the five-storey Building 2, which had topped off last May, is progressing ahead of schedule for next month's turnover.

The firm is working to complete Building 3, which is targeted for delivery between December 2012 and January 2013.

Building 4, on the other hand, was launched last month. The tower will offer 22-square meter (sqm) studio units; 34-sqm one-bedroom units; and 40-sqm two-bedroom units.

Among the project's amenities are a multipurpose club house, adult and children's pools, basketball court, landscaped gardens, children's play area and jogging paths.

The company is also building One Oasis in the cities of Davao and Pasig.

Published in the Sun.Star Cebu newspaper on November 22, 2011.

FLI begins construction of Amalfi Oasis in SRP

By Ehda M. Dagooc (The Freeman)
Updated November 14, 2011 12:00 AM

CEBU, Philippines - Filinvest Land, Inc. (FLI) has started the construction of the Amalfi Oasis section of the Citta di Mare project at the South Road Property (SRP), exuding optimism for completion and delivery within schedule.

FLI vice chairman Andrew "Bibot" Gotianun, together with Cebu City Mayor Michael Rama and FLI first vice president and project head of Visayas and Mindanao Tristan Las Marias led the first construction inspection and project evaluation over the weekend at the SRP.

According to Las Marias work gangs are ramping up the first 150 new living units into various phases of completion.

As manpower, equipment, and materials are in place, and construction gaining momentum, "we are confident of a complete handover next year," committed Las Marias.

Backstopped by hundreds of workers, equipment, and massive financial infusion, construction work at the Amalfi Oasis and San Remo Oasis cluster projects remained in full swing. Blending seaside living with world-class facilities, the two projects positioned Cebu as the preferred second-home destination for foreign and local investors.

The Amalfi Oasis cluster consists of five-story buildings on a 390,484 square-meter property basking in fresh air, radiant sunshine and charming landscapes. At its Building 1, a mix of 150 two-bedroom (52sqm, 57sqm) and three-bedroom (85sqm, 108sqm, 113sqm) units are to be completed by December 2011, including 65 units of first-level parking slots.

The project is inspired by the Italian coastal towns along Costiera Amalfita, which is renowned for its scenic beauty, picturesque communities, and diversity.

Up to 332 units are to change hands in two buildings at the San Remo Oasis. With 164 mixed one-bedroom (25sqm) and two-bedroom (30sqm) units, Building 3 is targeted for completion in October 2013. Another 158 mixed studio and two-bedroom (45sqm) units in Building 7 will be turned over in July 2013. Up to 101 units in first-level basement parking are set aside in both edifices.

Cluster amenities include swimming pool, pool deck, bath house, outdoor activity area, club house, lounge, gazebo, basketball court, tree parks and jogging path.

Unit finishes and features include a living, dining, kitchen, bedroom, toilet and bath, terraces, doors and windows, and plumbing fixture areas made of vinyl planks, vitrified unglazed floor tiles, vitreous china, and all smooth-faced and textured paint finishes.

As for facilities, the two buildings are telephone-and CATV-ready, with garbage bins at designated areas, six-person-capacity elevators, roof deck laundry cages, and pre-paid water supply systems.

Perimeter and power lines are underground, which fit well into an elaborate drainage designed to prevent flooding. Sewerage collection is centralized alongside a complete biological waste water treatment system, road networks, concrete hollow fences, a theme wall and guard houses.

Inspired by the Italian coastal towns along the Mediterranean Sea and the Italian Riviera, San Remo Oasis and the Amalfi Oasis formed parts of the first and second phase of the development-bound, 50.60-hectare area under the joint venture of the city government of Cebu and FLI.

This low-density enclave consisting of 65 percent open-country spaces and landscaped greens, with 20-meter-wide walkways, bike lanes, and car-free zones, will later host a cluster of five-storey, medium-rise buildings, around which a relaxing, pedestrian-friendly community evolves.

Ensuring comfortable living and accessibility, San Remo Oasis will be 15 minutes away from the central business district of Cebu and the international container port, and 30 minutes away from the international airport. It will be a short walk from the proposed new college campus of the University of the Philippines.

With 50 years in the business and one of the country's leading real estate developers, the family-owned FLI provides a diverse property portfolio catering to a wide market—from its core, best-value homes to premier communities, condominiums, and leisure developments. Its assets and stockholders' equity were valued, respectively, at P165.59 billion and P62.37 billion.

The city government of Cebu owns the SRP consisting of a 300-hectare prime property it had reclaimed through a loan from the Japan Bank for International Cooperation. (FREEMAN)

Citta di Mare ‘ahead of sked’

By Katlene O. Cacho

Monday, November 14, 2011

WITH the brisk demand for reservations in Buildings 1 and 2, developers of Amalfi Oasis will start pre-selling Building 3 units in the next two months, a top official of Filinvest Land Inc. said on Saturday.

During the Citta di Mare project update report, FLI first vice president and project head for Visayas and Mindanao Tristan Las Marias said construction of Building 3 is 70 percent complete. They hope to complete the building’s structural component by the end of this month.

“The developments of Citta di Mare are way ahead of schedule given the project’s brisk reservation sales,” Las Marias said.

Architectural works are ongoing on Amalfi Building 1. FLI is targeting delivery of units in the first quarter of 2012. Building 2, on the other hand, is expected to be delivered by the second quarter next year.

“In the case of Building 3, we have not opened the units for pre-selling yet, but we might start accepting reservations in the next two months,” he said.

Premium product

Las Marias said the fast sales take-up of the units can be attributed to the firm’s innovative product.  “The Citta di Mare project is a premium product we are offering to the Cebuano market,” he said.

Amalfi Building 1 recorded brisk reservation sales of 90 percent while Building 2 is at 60 percent.

FLI started pre-selling last year. The firm hopes to get its license to sell from the Housing and Land-Use Regulatory Board (HLURB) this month. Once the firm gets its license to sell, Las Marias said they will start selling Amalfi Oasis to other areas in the Visayas and Mindanao.

Amalfi Oasis is the company’s first offering of mid-rise condominium units in Citta di Mare’s 40-hectare residential zone. Each nine five-storey buildings will have a mix of 150 two-bedroom units with 57 square meters of space priced at P5 million and three-bedroom units with 113 sqm of space priced at P10 million.

Las Marias said construction of the affordable housing component of Citta di Mare’s San Remo Oasis is on track and gaining popularity in the market.

Las Marias said the firm’s sales channels from Italy and Europe have been accepting reservations for the first two buildings.

San Remo offers one-bedroom (25 sqm) and two-bedroom (30 sqm) units priced from P1.8 million to P2.5 million. The firm expects completion of its Building 3 in October 2013. Another 158 mixed studio and two-bedroom (45 sqm) units in Building 7 will be turned over by July 2013.

Joint venture

San Remo Oasis and the Amalfi Oasis are part of the first and second phase developments of FLI under a joint venture with the Cebu City government.

FLI targets to turn over seven to eight combined residential buildings within the next two years.

Meanwhile, development of Citta di Mare’s seaside commercial complex Il Corso is expected to be completed by the first quarter of 2013.

Las Marias said completion of the complex will bring in an estimated 36,000 sqm gross leasable area with over 200 food and beverage and retail shop leasable units.

“The company remains bullish in the Cebu market. We are committed to provide quality product and we deliver on a timely manner,” Las Marias said.

Published in the Sun.Star Cebu newspaper on November 15, 2011.

Lapu, Megaworld sign deal

Friday, November 11, 2011

THE Lapu-Lapu City Government, through a joint venture with a real estate giant, plans to put up the city’s answer to Cebu City’s Asiatown IT Park.

Lapu-Lapu City Mayor Paz Radaza announced in a press conference yesterday that the City Government and Megaworld Corp. plan to construct the Mactan Town Center in Barangay Mactan.

Megaworld Corp. signed a memorandum of agreement with the City yesterday morning. The holding firm’s projects include mixed-use communities and office spaces for business process outsourcing (BPO) companies. A source privy to the Mactan project said the
development cost is projected to reach P2.5 billion.

Jericho Go, Megaworld first vice-president, told reporters the 16.8-hectare Mactan Town Center will be different from its counterpart in Cebu City, as it will not only cater to industrial and BPO companies, but also to commercial, leisure and even retirement services.

The town center will be overlooking the coast, Go said.

“All the successful ingredients to launch our project are in Lapu-Lapu City,” he said.

Go said they are also seeking accreditation with the Philippine Economic Zone Authority (PEZA) in order to declare their project as an economic zone.

Once the project starts operation, about 2,500 jobs will be created, particularly for those living in Lapu-Lapu City, Go said.

For now, some potential locators include Quantum Leap, Accenture, Hewlett Packard, Dell and IBM.
Go said they will develop the property in such a way that expansion will be easily facilitated.

As of now, a building is being constructed, and utilities like water, electricity and drainage are already in place, he said.

To meet electricity needs in the surrounding areas, Go said they have given a commitment to the Mactan Electric Company (Meco) to allow them to construct a power station within their project area.

The Metropolitan Cebu Water District (MCWD) has also committed to provide water supply in the project area and to provide a water truck in the event that a shortage occurs.

Radaza, for her part, said the project will be beneficial to the city government as it will not only create more jobs for her constituents but will also generate revenues for the City.

Published in the Sun.Star Cebu newspaper on November 12, 2011.

Cebu company to launch directory of real estate products nationwide

By Katlene O. Cacho

Wednesday, November 2, 2011

A CEBU-based real estate brokerage firm is set to launch what it described as the country’s widest property directory, which will feature about 3,000 products.

In a statement, Leuterio Realty and Brokerage founder and president Anthony Leuterio said the online brokerage directory will provide information on different property inventories throughout the country.

Leuterio said the country’s real estate industry is dynamic and there are a lot of local and foreign buyers constantly looking for good properties.

He said the directory will also provide potential buyers a wide array of real estate products, from condominiums, commercial buildings, resort homes and properties, high
to middle-end subdivisions and lot-only packages.

Apart from the online directory, the company will also produce a magazine directory that will be made available in the market.

Visayas, Mindanao

Leuterio said he will also strengthen the presence of his company in the Visayas-Mindanao area by opening branches in Cagayan de Oro City, Davao, Zamboanga Peninsula, Bohol, Dumaguete, Iloilo, Bacolod, and Leyte. He said he is projecting to tap at least 100 to 200 agents per city.

In a recent briefing, Banco de Oro chief market strategist Jonathan Ravelas said given the country’s strong domestic liquidity and the growth of business process outsourcing and surge of overseas remittances, the country’s real estate industry would continue to grow in the next three years.

“The country still has a huge housing backlog that needs to be addressed,” Ravelas said.
He said developers should take advantage of the economic situation now, taking into consideration the economic problems of Europe and the United States.

“Investments are geared towards Asia, so developers should see more opportunities because of this,” Ravelas said.

He said that so long as the population and consumer spending will continue to grow, the demand for housing and property developments will continue to increase.

Leuterio, whose company also maintains a different website portal to promote real estate inventories in Cebu, said the country is now experiencing an all-time-high in interest in real estate.

Despite the entry of more developers, especially of condominiums and subdivision projects, Cebu still has a shortage of middle and low-income residential units, he said.

“Affordability is still the priority consideration among buyers,” Leuterio said.
He said Cebu properties are priced higher than that in Manila, especially condominiums, raw lots and house and lot.

Published in the Sun.Star Cebu newspaper on November 03, 2011.

Hanaya doing well, says Aboitizland

Thursday, October 27, 2011

ABOITIZLAND’S latest project, the Hanaya Resort Residences, is gaining popularity in Cebu’s property market since it officially launched last Friday, an official said.

Aboitizland Inc. sales manager Grace Lepiten said the project is “gaining popularity” with 50 percent of the letters of intent converted into reservations. She said sales are coming from an even mix of the international Filipino market, early nesters and retirees.

“There are apparently other factors that affect sales of residential units – locations, design, amenities, among others – but the sales level that we achieved in the first month of Hanaya’s introduction is an indicator of a healthy property market at present,” Lepiten said.

She said innovative condominium developments are “very encouraging” in the property market.
Hanaya is the company’s latest mid-rise condominium project. It is located in a 5.2-hectare property in Barangay Canduman, Mandaue City. Officials said the property has a resort theme.

Hanaya’s Phase 1 construction is scheduled to be completed by the second quarter of 2013 and will have four six-storey residential buildings with about 400 condominium units.

Among the unit types are standard, deluxe and suite units in two-or-three bedroom designs.
Aboitizland has set aside P750 million as total investment for Hanaya’s Phase 1 construction.

The project’s amenities include two pools, pavilion and gazebos, themed gardens and parks, barbecue stations, exercise stations, jogging trails, basketball court with benches, clubhouse, function rooms, gym, game room, karaoke rooms and playroom.

Aboitizland will start site construction in the first quarter of 2012 with delivery of units and amenities scheduled in 2013.

Published in the Sun.Star Cebu newspaper on October 28, 2011.

City Soho

” CITY SOHO ” : A New Addition to Cebu’s ever growing Skyline.

We are hereby presenting our future project, a Fusion of Mall & Condominium Developments at B. Rodriguez St., Cebu City, (very near Fuente Osmena, Vicente Sotto, & Chong Hua Hospital). This future building is strategically located at the heart of Uptown Cebu City, and very accessible to all transportation.

The future project will house a mall with supermarket, plenty of car parking’s, and condominium units (Condo-Hotel & or Condo-Residential). The first few floors are ideal for Small Office Home Office (SOHO) for Business Office, Doctors Clinics, Dental Clinics, Law Firms, BPO offices, Medical Laboratories, and many more. As saying goes “Why Rent, If You Can Own” “Small Down-Payment and Balance is under the Rent to Own Program”.

As they say, “Cebu never fails to Amaze”.. certainly because Cebu is simply amazing!!!! And with its continued booming real estate industry comes another project of the Cebu based Golden Peach Properties, Inc. dubbed as the ” City Soho”.

City Soho is designed within the concept of Small Office, Home Office. This new concept gaining popularity in Manila is a fusion of both office and home right in your own lifestyle condominium living. The “City Soho” is a 30 storey edifice with a commercial enclave in its mezzanine floors located in the busy B. Rodriquez St., near Fuente Osmena, Cebu City. The project designed by TVA Partners Architects is a sequel of Golden Peach Properties highly successful “One Pavilion Mall and Condo Project” located in Guadalupe., Cebu City.

The “City Soho” project will house a mall with supermarket, plenty of car parking’s, and condominium units (Condo-Hotel & or Condo-Residential). The first few floors are ideal for Small Office Home Office (SOHO) for Business Office, Doctors Clinics, Dental Clinics, Law Firms, BPO offices, Medical Laboratories, and many more. As saying goes “Why Rent, If You Can Own” “Small Down-Payment and Balance is under the Rent to Own Program”.

The location of City Soho is ideal as a very good investment as well as offering an ideal living opportunities considering its location which is a good value proposition.

Goldpeach Properties, Inc. is a newly established entity under the Cebu based Gaisano Capital Group. It will be its second foray into the lucrative high rise residential condominium business, but there’s still more project in the pipeline which would not just amaze but truly makes all Cebuano’s proud.

“City Soho” prides of being located right smack into the heart of the uptown Cebu area where everything such as church, hospitals,clinics, entertainment centers, restaurants and food outlets, government offices, malls, commercial establishments etc., is just within a walking distance.

“I certainly welcome this new and exciting development in our beloved Cebu, especially that this is another development of a future true blooded Cebuano…” , – As a Skyscraper enthusiast

For more info please contact:
Name: Mark Ross
MPhone: +63.918.293.9389 | +63.922.850.1069
Phone: +63.32.412.4901 | +63.32.255.0374
Email: info@ceburealtysite.com | ceburealestateproperty@yahoo.com
Website: http://www.ceburealtysite.com/cebu-real-estate/