CITY DI MARE, South Road Property, Barangay Mambaling, Cebu City and Talisay City, Philippines
QUICK FACTS
Cebu- the queen City of the South
Consists of a main island and 167 islets
Has 9 cities (3 independent cities: Cebu City, Mandaue City and Lapu Lapu City; 6 Component cities: Bogo, CarCar, Danao, Naga, Talisay and Toledo) and 44 municipalities
Total Land Area: 4,943.72 Square Kilometers
Population (2015 Census) 4,632,359
Population (Ages 46-65) 582,000
Total Renting Population: 150,000
WHY CEBU IS AN INVESTMENT HAVEN?
-Accessibility
-Great labor force
-Increasing tourism
-Lively lifestyle
-Security
-Increase in local migration
CEBU’s KEY REAL ESTATE DRIVERS:
-Booming IT and BPO Industry
-Strategic Location
-Skilled Manpower
REAL ESTATE LANDSCAPE OF CEBU:
OFFICE SECTOR
-In the recent collier study, office market lease is dominated by the BPO voice Companies comprising 50% of the lease.
-Offshore gambling and the KPO (Knowledge Process Outsourcing) emerging as second and third with 25% and 20% respective shares in the market.
-While the remaining 5% is for various companies ranging from start-ups, law firms, and the like.
RESIDENTIAL SECTOR
-More Condominium are seen in Cebu than houses and lots.
-Total condominium stocks in Cebu is about 33,400 units, and of which 88% are sold out.
-Take up for condos are faster versus houses and lots.
-Condo’s average monthly take up is 42 units
RETAIL SECTOR
-Cebu’s retail stock is now at 1.06 million Square Meter which is more than double the 2010 level.
-Both local and national players are competing against each other and are very active.
BUYER COMPOSITION OF CEBU MARKET:
-Trends of buyers are similar to what we are seeing all over the country.
-Sweet spot is around 30 to 45 years old comprising the young professionals, millennial, and starter families.
-East Asians- Japanese, South Koreans, and Chinese are buying condos by bulks.
-There is growth now by 14.5% for affordable, 12% for mid-end, and another 12% for high-end during the first quarter of 2018.
MAJOR INFRASTRUCTURES THAT WILL PROPEL THE REAL ESTATEE MARKET IN CEBU:
-THE MACTAN-CEBU INTERNATIONAL AIRPORT EXPANSION
-CEBU-CORDOVA LINK EXPRESSWAY
-NEW CEBU INTERNATIONAL CONTAINER PORT IN CONSOLACION
-73.75 KILOMETER METRO CEBU EXPRESSWAY (TO CONNECT DANAO CITY TO NAGA CITY)
-RAPID BUS TRANSIT
Dynamic of Cebu’s Trade and Industry and Real Estate Landscape
-Cebu City
-Downtown Cebu: Colon Street
-Uptown Cebu: Fuente
-Cebu Business District
-Cebu Asiatown IT Park
-North Reclamation Area
*Parkmall
*Cebu Doctor’s University
*Chong Hua Hospital
*UCMED
*Bai Hotel
*Mandani Bay
*Big Hotel
*Gatewalk central Cebu
-South Road Properties
*SM Seaside City
*University of the Philippines
*City di Mare
*iL Corso
*Ocean Park
*Bigfoot
*SMX
*Isla Victoria
SOUTH ROAD PROPERTIES
FACTS:
-300 hectares reclamation project of City Government of Cebu
-10th largest artificial island in the world
-one of the most ambitious projects of the City Government of Cebu with a budget of about Y12B funded by Japan Bank for International Cooperation (JBIC)
-Only fully master-planned development in Cebu designed to be a SMART City.
What is SMART City?
A developed urban area that creates sustainable economic and high quality of life by excelling in key areas: ECONOMY, MOBILITY, SOCIAL CAPITAL, and/or ICT INFRASTRUCTURE
(By: Business Dictionary)
-ROAD NETWORK SYSTEMS
-BUS RAPID TRANSIT SYSTEM
-WATER DESALINATION SYSTEM
Different LOCATORS inside SRP:
-CITY DI MARE
-iL CORSO
-SM SEASIDE CITY
-CEBU OCEAN PARK
-UNIVERSITY OF THE PHILIPPINES-SRP CAMPUS
-CEBU-CORDOVA LINK EXPRESSWAY
-JG SUMMIT “ISLA VICTORIA”
-SMX- The SM Ayala Consortium
CITY DI MARE CURRENT PROJECTS FOR SALE:
-Amalfi (Click HERE to know more about this project)
-San Remo Oasis (Click HERE to know more about this project)
QUICK FACTS
Cebu- the queen City of the South
Consists of a main island and 167 islets
Has 9 cities (3 independent cities: Cebu City, Mandaue City and Lapu Lapu City; 6 Component cities: Bogo, CarCar, Danao, Naga, Talisay and Toledo) and 44 municipalities
Total Land Area: 4,943.72 Square Kilometers
Population (2015 Census) 4,632,359
Population (Ages 46-65) 582,000
Total Renting Population: 150,000
WHY CEBU IS AN INVESTMENT HAVEN?
-Accessibility
-Great labor force
-Increasing tourism
-Lively lifestyle
-Security
-Increase in local migration
CEBU’s KEY REAL ESTATE DRIVERS:
-Booming IT and BPO Industry
-Strategic Location
-Skilled Manpower
REAL ESTATE LANDSCAPE OF CEBU:
OFFICE SECTOR
-In the recent collier study, office market lease is dominated by the BPO voice Companies comprising 50% of the lease.
-Offshore gambling and the KPO (Knowledge Process Outsourcing) emerging as second and third with 25% and 20% respective shares in the market.
-While the remaining 5% is for various companies ranging from start-ups, law firms, and the like.
RESIDENTIAL SECTOR
-More Condominium are seen in Cebu than houses and lots.
-Total condominium stocks in Cebu is about 33,400 units, and of which 88% are sold out.
-Take up for condos are faster versus houses and lots.
-Condo’s average monthly take up is 42 units
RETAIL SECTOR
-Cebu’s retail stock is now at 1.06 million Square Meter which is more than double the 2010 level.
-Both local and national players are competing against each other and are very active.
BUYER COMPOSITION OF CEBU MARKET:
-Trends of buyers are similar to what we are seeing all over the country.
-Sweet spot is around 30 to 45 years old comprising the young professionals, millennial, and starter families.
-East Asians- Japanese, South Koreans, and Chinese are buying condos by bulks.
-There is growth now by 14.5% for affordable, 12% for mid-end, and another 12% for high-end during the first quarter of 2018.
MAJOR INFRASTRUCTURES THAT WILL PROPEL THE REAL ESTATEE MARKET IN CEBU:
-THE MACTAN-CEBU INTERNATIONAL AIRPORT EXPANSION
-CEBU-CORDOVA LINK EXPRESSWAY
-NEW CEBU INTERNATIONAL CONTAINER PORT IN CONSOLACION
-73.75 KILOMETER METRO CEBU EXPRESSWAY (TO CONNECT DANAO CITY TO NAGA CITY)
-RAPID BUS TRANSIT
Dynamic of Cebu’s Trade and Industry and Real Estate Landscape
-Cebu City
-Downtown Cebu: Colon Street
-Uptown Cebu: Fuente
-Cebu Business District
-Cebu Asiatown IT Park
-North Reclamation Area
*Parkmall
*Cebu Doctor’s University
*Chong Hua Hospital
*UCMED
*Bai Hotel
*Mandani Bay
*Big Hotel
*Gatewalk central Cebu
-South Road Properties
*SM Seaside City
*University of the Philippines
*City di Mare
*iL Corso
*Ocean Park
*Bigfoot
*SMX
*Isla Victoria
SOUTH ROAD PROPERTIES
FACTS:
-300 hectares reclamation project of City Government of Cebu
-10th largest artificial island in the world
-one of the most ambitious projects of the City Government of Cebu with a budget of about Y12B funded by Japan Bank for International Cooperation (JBIC)
-Only fully master-planned development in Cebu designed to be a SMART City.
What is SMART City?
A developed urban area that creates sustainable economic and high quality of life by excelling in key areas: ECONOMY, MOBILITY, SOCIAL CAPITAL, and/or ICT INFRASTRUCTURE
(By: Business Dictionary)
-ROAD NETWORK SYSTEMS
-BUS RAPID TRANSIT SYSTEM
-WATER DESALINATION SYSTEM
Different LOCATORS inside SRP:
-CITY DI MARE
-iL CORSO
-SM SEASIDE CITY
-CEBU OCEAN PARK
-UNIVERSITY OF THE PHILIPPINES-SRP CAMPUS
-CEBU-CORDOVA LINK EXPRESSWAY
-JG SUMMIT “ISLA VICTORIA”
-SMX- The SM Ayala Consortium
CITY DI MARE CURRENT PROJECTS FOR SALE:
-Amalfi (Click HERE to know more about this project)
-San Remo Oasis (Click HERE to know more about this project)
Presentation of City Di Mare at South Road Properties
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