Author: admin

---

1. Executive Summary

---

Specification: Developer
Detail: 8990 Housing Development Corporation

Specification: Project Status
Detail: Ready for Occupancy (RFO)

Specification: Project Type
Detail: Low‑rise Medium‑Rise Building (MRB)

Specification: Unit Type
Detail: Studio Unit (25 sqm)

Specification: Location
Detail: Mt. Manunggal St., Barangay Tipolo, Mandaue City, Cebu

Strategically located in the heart of Mandaue City, Urban Deca Homes Tipolo delivers one of the most affordable and accessible entry points into Metro Cebu’s real estate market. The RFO Studio unit features a functional 25 sqm layout integrating living, dining, kitchen, and toilet & bath areas, offered at a compelling total price of just ₱1,922,260 —making homeownership truly accessible for first‑time buyers, OFWs, and young professionals.

Key Differentiators at a Glance:

• RFO Advantage – No construction wait; immediate move‑in or lease.
• Best‑in‑Class Affordability – Total price under ₱2M with equity promo of just ₱90,584.
• Lowest Barrier to Entry – Reservation fee of only ₱15,000 (deductible from equity).
• Dual Financing Options – Bank Financing or In‑House Financing to suit different buyer profiles.
• Prime Mandaue Location – Walking distance to Pacific Mall, minutes to SM City Cebu and Ayala Center.
• 20‑Building Community – A large, established residential enclave with substantial rental demand.

---

2. Prime Mandaue Location: The Industrial Heart of Metro Cebu

Nestled along Mt. Manunggal Street in Barangay Tipolo, the property offers a strategic balance of accessibility, urban convenience, and affordability. Its location along the main highway corridor ensures seamless connectivity to key destinations across Mandaue and beyond.

---

Pacific Mall
Approximate Travel Time: Walking distance

Parkmall
Approximate Travel Time: Short drive

City Time Square
Approximate Travel Time: Short drive

J Centre Mall
Approximate Travel Time: ~5 minutes

SM City Cebu
Approximate Travel Time: ~10 minutes

Ayala Center Cebu
Approximate Travel Time: ~10–15 minutes

Cebu IT Park
Approximate Travel Time: ~15–20 minutes

Mactan‑Cebu International Airport
Approximate Travel Time: ~20 minutes

What Makes Tipolo a Strategic Location:

Mandaue City is the industrial and commercial heart of Metro Cebu, home to furniture manufacturers, light industry, logistics hubs, and an expanding BPO sector. The city’s metro area population reached 442,000 in 2026, reflecting a steady 1.84% annual growth rate, which consistently fuels demand for vertical housing.

Beyond its current advantages, Mandaue is undergoing unprecedented infrastructure transformation:

• Fourth Mandaue–Lapu‑Lapu Bridge (₱76.4 Billion). A four‑lane, 3.3‑kilometer bridge and coastal road, funded in part by a 120‑billion‑yen JICA loan, will connect Barangay Ibo in Lapu‑Lapu City to the Cansaga Bay Bridge area, providing an alternative crossing and significantly easing peak‑hour traffic flows.
• New Mandaue City Hospital (₱1.5 Billion). Construction is set to begin in mid‑2026, upgrading the current facility into a Level II hospital, dramatically improving healthcare access for Tipolo residents.
• Mandaue City College – New Campus. The new campus at Norkis Park in Barangay Looc is under development, further enhancing educational options in the city.
• Ayala Malls Gatewalk. A new mixed‑use mall project in Mandaue City is scheduled to open in December 2026, adding a major lifestyle and retail destination.
• Banilad Drainage Project (80% Complete). A large‑scale flooding mitigation initiative, complemented by a planned dredging of the Butuanon River, will improve overall livability.

---

3. Why Invest in Urban Deca Homes Tipolo Studio?

Mandaue City has emerged as a practical value area for real estate investment—offering a sweet spot between affordability and strong rental demand driven by the city’s industrial and commercial employment base.

Key Investment Highlights:

• Sub‑₱2M Entry Point. With a total price of just ₱1,922,260, this studio unit sits comfortably within the most active market segment. The ₱2.5 million to ₱7 million price bracket dominates sales activity in Metro Cebu, capturing nearly two‑thirds of pre‑selling take‑up in 2025–2026. Units under ₱2M are increasingly scarce.
• Strong Rental Yields in Mandaue. In 2026, Mandaue City offers estimated net rental yields of approximately 5.0% to 5.5%, supported by access to malls, offices, hospitals, and cross‑city routes. The median gross rental yield for condos in Mandaue is 5.9%. Studio apartments continue to deliver strong returns, with yields ranging from 6% to 8% annually due to affordability and high demand among renters seeking practical living spaces.
• Steady Capital Appreciation. Metro Cebu condo prices are forecast to grow at 3–7% annually through 2028, with a central projection of approximately 5% for well‑located units. The fourth bridge and new hospital will likely accelerate appreciation in Tipolo.
• Massive Rental Demand Pool. Mandaue’s diverse employment base—including industrial workers, BPO employees, retail staff, and students—creates a broad and resilient tenant pool. End‑user demand drives market stability more than speculative investment, with buyers increasingly prioritizing practical considerations like proximity to employment centers and transportation access.

Why This Studio Unit Specifically Stands Out:

At 25 sqm, the studio is efficiently designed to maximize every square meter—integrating living, dining, bedroom, kitchen, and toilet & bath areas into a cohesive, functional space. As part of a 20‑building, four‑storey condominium community, the property offers economies of scale reflected in its purchase price, while the RFO status eliminates construction delays and uncertainty, providing immediate cash flow potential for investors.

---

4. Developer Profile: 8990 Housing Development Corporation

---

Statistic: Parent Company
Details: 8990 Holdings, Inc.

Statistic: Status
Details: Formerly publicly listed; voluntarily delisted July 2025

Statistic: Industry Recognition
Details: Top 1 Pag‑IBIG Developer for Visayas (StAR Awards 2025); Top Philippine Property Developer (2015, 2017 by take‑out value)

Statistic: Projects Completed
Details: 39 completed projects across the Philippines

Statistic: Housing Units Constructed
Details: 42,884 units

Statistic: Number of Employees
Details: 285

Statistic: Key Innovations
Details: Pioneered low‑equity, low down‑payment terms in mass housing

Why Developer Reputation Matters:

8990 is considered the country’s first truly nationwide mass housing developer, pioneering low‑equity, low down‑payment terms and other market innovations that have enabled it to stay ahead of the curve. The company develops low‑cost residential complexes of medium‑rise buildings (MRBs) under the Urban DECA Homes brand, with unit floor areas typically starting at 25 sq. m. The company has been awarded as the Top 1 Developer and Highest Number of Members Served for Visayas during the Pag‑IBIG StAR Awards Visayas 2025, demonstrating consistent performance in delivering affordable housing.

The Urban DECA Homes brand operates on a “Micro Living” concept, maximizing space efficiency to keep prices accessible while delivering essential features and amenities.

---

5. Project Details

---

Category: Developer
Information: 8990 Housing Development Corporation

Category: Project Status
Information: Ready for Occupancy (RFO)

Category: Total Buildings
Information: 20 buildings (four‑storey MRB)

Category: Building Configuration
Information: All 4‑storey buildings connected to each other

Category: Unit Type
Information: Studio (25 sqm)

Category: Accessibility
Information: Walking distance to main highway

Category: Property Type
Information: Low‑rise condominium

Source: Amancia Land Realty

---

6. Unit Specifications – Studio (25 sqm)

---

Living Area
Included: ✓

Dining Area
Included: ✓

Bedroom Area
Included: ✓

Kitchen Area
Included: ✓

Toilet & Bath
Included: ✓

Balcony
Included: ✓

Design Philosophy: The 25 sqm layout is thoughtfully designed as a “Micro Living” space—every square meter is optimized for functionality without sacrificing comfort. The integrated living and dining area flows naturally into the bedroom space, while the kitchen and T&B are positioned for efficient use. The included balcony provides additional living space and natural ventilation.

Building Specifications:

The property comprises 20 buildings of four storeys each, all interconnected to form a cohesive residential community. The buildings are walk‑up (no elevator), which significantly reduces monthly association dues compared to high‑rise buildings. The first building constructed was Building 4.

---

7. Amenities & Facilities

---

Swimming Pool
Description: Kids pool

Clubhouse
Description: Multi‑purpose clubhouse for community events

Park
Description: Open space / garden area

Playground
Description: Dedicated children’s playground

Basketball Court
Description: Sports and recreation facility

24/7 Security
Description: Personnel on duty around the clock

CCTV System
Description: Security cameras in common areas

Fire Alarm / Sprinkler System
Description: Comprehensive fire safety system

Garbage Storage Area
Description: Centralized waste management

Water Refilling Station
Description: On‑premises water refilling convenience

Maintenance Personnel
Description: On‑site staff for upkeep

Additional Community Features (per listings):

• Air Conditioning – Provision for AC unit
• Smoke Detector – In‑unit safety
• Laundry / Drying Area – Indoor space for laundry needs
• Fully Fenced Perimeter – Enhanced security
• Open Space – Common areas for relaxation

---

8. Financing & Payment Options

🔹 Bank Financing

---

Total Price
Amount: ₱1,922,260.00

Reservation Fee
Amount: ₱15,000.00 (deductible from equity)

Down Payment / Equity
Amount: ₱90,584.00

Equity Promo Terms
Amount: ₱90,584 total equity (no monthly installment indicated – inquire for flexible terms)

Loanable Amount
Amount: ₱1,816,676.00

Bank Monthly Amortization Estimates:

---

Loan Term: 20 years
Estimated Monthly Payment: ₱13,015.23

Loan Term: 15 years
Estimated Monthly Payment: ₱15,330.14

Loan Term: 10 years
Estimated Monthly Payment: ₱20,168.83

Loan Term: 5 years
Estimated Monthly Payment: ₱35,121.44

🔹 In‑House Financing

In‑house financing is ideal for buyers who may have difficulty securing bank approval, prefer a more flexible approval process, or want to complete the purchase directly with the developer.

---

Item: Total Price
Amount: ₱1,922,260.00

Item: Reservation Fee
Amount: ₱15,000.00 (deductible from equity)

Item: Down Payment / Equity
Amount: ₱90,584.00

Item: Loanable Amount
Amount: ₱1,816,676.00

In‑House Monthly Amortization Estimates:

---

Loan Term: 25 years
Estimated Monthly Payment: ₱17,152.72

Loan Term: 20 years
Estimated Monthly Payment: ₱18,137.33

Loan Term: 15 years
Estimated Monthly Payment: ₱20,081.52

Loan Term: 10 years
Estimated Monthly Payment: ₱24,513.32

Loan Term: 5 years
Estimated Monthly Payment: ₱39,047.45

Comparison of Financing Options:

---

Minimum Monthly (Lowest Term)
Bank Financing: ₱13,015 (20 years)
In‑House Financing: ₱17,153 (25 years)

Lowest Monthly Overall
Bank Financing: ₱13,015
In‑House Financing: ₱17,153

Approval Process
Bank Financing: More stringent; requires credit history
In‑House Financing: More flexible; developer‑managed

Interest Rates
Bank Financing: Generally lower market rates
In‑House Financing: Typically higher than bank rates

Best For
Bank Financing: Buyers with good credit wanting lowest monthly payments
In‑House Financing: Those seeking flexible approval, or ineligible for bank loans

Additional Financing Note: Common financing options for Urban Deca Homes units also include Pag‑IBIG Fund housing loans and rent‑to‑own schemes through accredited agents.

---

9. Rental Market Analysis: Why This Unit Generates Strong Cash

---

Metric: Estimated Monthly Rent (Studio)
Value: ₱10,000 – ₱12,000

Metric: Mandaue Condo Net Rental Yield (2026)
Value: 5.0% – 5.5%

Metric: Mandaue Condo Gross Rental Yield
Value: 5.9%

Metric: Studio Rental Yield Range
Value: 6% – 8% (nationally)

Rental demand drivers in Tipolo:

• Industrial and BPO Employment. Mandaue’s furniture manufacturing, light industry, and expanding BPO sector provide a steady stream of young professionals and workers seeking affordable, conveniently located housing.
• Students. Proximity to Cebu Doctors’ University and other educational institutions creates consistent student rental demand.
• OFW Families. The ₱1.5M–₱3M price range is commonly preferred by OFWs seeking long‑term investments or future homes for their families.
• Accessibility to Major Hubs. A short commute to SM City Cebu, Ayala Center, and Cebu IT Park makes the unit attractive to employees in those areas.

Sample Rental Listing Analysis (2026):

• A furnished studio unit at Urban Deca Homes Tipolo (Building 10) is listed for rent at ₱12,000/month, featuring a double‑size bed, dining table, refrigerator, and TV rack.
• An unfurnished studio unit is listed at ₱10,000/month.

These actual rental listings validate that an investor can expect gross rental income of approximately ₱120,000–₱144,000 annually, translating to a gross rental yield of roughly 6.2%–7.5% at the ₱1,922,260 purchase price—before financing costs. The ₱10,000 per month rental income would nearly cover the bank monthly amortization of ₱13,015, leaving a minimal gap covered by the investor.

---

10. Why Choose Urban Deca Homes Tipolo Studio?

• ✅ RFO (Ready for Occupancy). No waiting period. Move in immediately or start earning rental income right away.
• ✅ Unbeatable Price Point. At just ₱1,922,260 total price, this is one of the most affordable RFO studio units in Metro Cebu—ideal for first‑time buyers and budget‑conscious investors.
• ✅ Lowest Barrier to Entry. With a ₱15,000 reservation fee and an equity promo of just ₱90,584, you can secure your unit with minimal upfront capital.
• ✅ Dual Financing Options. Bank Financing offers the lowest monthly payments (₱13,015 for 20 years), while In‑House Financing provides more flexible approval.
• ✅ Proven Rental Demand. Active rental listings at ₱10,000–₱12,000/month demonstrate strong cash flow potential with minimal vacancy risk.
• ✅ Massive Infrastructure Catalysts. The ₱76.4 billion fourth bridge, ₱1.5 billion new city hospital, Ayala Malls Gatewalk, and drainage improvements are all under construction or launching in 2026—positioning Tipolo for significant appreciation.
• ✅ Established Developer with Track Record. 8990 is the country’s #1 mass housing developer with Pag‑IBIG recognition and decades of experience in delivering affordable housing.
• ✅ Comprehensive Amenities. Swimming pool, clubhouse, basketball court, playground, 24/7 security, and on‑site maintenance personnel provide a complete living experience.
• ✅ Large Community, Strong Liquidity. With 20 buildings, the property has substantial resale and rental transaction volume, making it easier to exit when needed.

---

11. Important Considerations for Buyers

What to Keep in Mind:

• Walk‑Up Building. With four storeys and no elevator, this may not be suitable for elderly residents or those with mobility challenges. However, the lack of elevators significantly reduces monthly association dues.
• High Density. With 20 buildings, the community has higher population density than smaller boutique developments. This is typical for affordable mass housing and contributes to strong rental demand and active community life.
• Maintenance Vigilance Required. Some reviews across Urban Deca Homes properties have noted maintenance concerns, including aging building conditions and occasional garbage management issues. Prospective buyers are encouraged to conduct a site visit and speak with current residents. Thorough due diligence is recommended.
• Traffic Congestion. Tipolo can experience significant traffic during peak hours. However, this is being actively addressed by the fourth bridge and coastal road project.
• Parking Considerations. Parking can be limited and strict in Urban Deca Homes properties. Buyers requiring a parking slot should inquire separately.

💡 Ready to Reserve?

1. Reservation Fee: Only ₱15,000 (deductible from equity).
2. Secure Equity: ₱90,584 total equity promo.
3. Select Your Preferred Financing: Bank Financing (lowest monthly payments) or In‑House Financing (flexible approval).
4. Loan Application: Submit requirements to bank or developer’s in‑house financing team.
5. Move In or Lease Out: Immediately after loan approval.

---

13. Additional Resources

• Mandaue City Government Infrastructure Updates

Contact Us

Author
John Paul Ybañez Paquibot
Licensed Real Estate Broker | PRC No. 00014132 | DHSUD No. CVRFO-B-03/18-2672
Bachelors Realty and Brokerage, Inc. Cebu
G/F Cap Building, Brgy. Corner, Osmeña Blvd.
Arlington Pond St. Extension, Cebu City, 6000 Cebu

---

1. Executive Summary

---

Specification: Developer
Detail: Pacific Land Ventures & Property Development, Inc.

Specification: Project Status
Detail: Ready for Occupancy (RFO)

Specification: License to Sell
Detail: 033690

Specification: Completion Date
Detail: March 31, 2023

Specification: Number of Units
Detail: 340 across 18 storeys

Specification: Total Land Area
Detail: Approx. 1,206 sqm

Specification: Unit Type
Detail: Studio Unit (25.28 sqm)

Specification: Location
Detail: Angasil Road, Barangay Mactan, Lapu-Lapu City, Cebu

Strategically positioned in the heart of Mactan Island, Mactan Plains Residences Studio delivers a smart, high‑value entry point into one of Cebu’s most dynamic real estate markets. With a ready‑for‑occupancy studio measuring 25.28 sqm, this unit is offered at a compelling total price of ₱2,911,898—making homeownership or investment accessible without compromising on quality, location, or amenities.

For those seeking a turnkey living solution, the unit comes fully finished with premium interior features, including melamine board kitchen cabinets, granite countertops, bedroom closets, full bathroom fixtures, and complete electrical provisions for air conditioning, water heating, and range hood—all on a non‑LPG, purely electric cooking setup.

Key Differentiators at a Glance:

• RFO Advantage – No construction wait; immediate move‑in or lease.
• Low Entry Barrier – Reservation fee of just ₱10,000 (deductible from equity).
• Dual Financing Options – Pag‑IBIG or Bank Financing to suit different buyer profiles.
• Premium Amenities – Adult swimming pool, fitness gym, clubhouse, high‑speed elevators, basement parking, 100% standby emergency power.
• Prime Mactan Location – 5 minutes to Mactan Doctors’ Hospital, 10 minutes to Shangri‑La’s Mactan Resort, 20 minutes to Mactan‑Cebu International Airport.

---

2. Prime Mactan Location: Where Convenience Meets Lifestyle

Nestled along Angasil Road in Barangay Mactan, the property offers a strategic balance of accessibility, urban convenience, and island living. Its location along the Quezon National Highway ensures seamless connectivity to key destinations across Lapu‑Lapu City and beyond.

---

Destination: Mactan Newtown
Travel Time: 5 minutes

Destination: Mactan Doctors’ Hospital
Travel Time: 5 minutes

Destination: Shangri‑La’s Mactan Resort
Travel Time: 10 minutes

Destination: Aruga Mactan
Travel Time: 12 minutes

Destination: Island Central Mactan
Travel Time: 14 minutes

Destination: MerryMart Grocery (Mactan Town Center)
Travel Time: 17 minutes

Destination: Lapu‑Lapu City College
Travel Time: 17 minutes

Destination: Mactan‑Cebu International Airport
Travel Time: 20 minutes

Beyond these immediate conveniences, Mactan Island is undergoing rapid infrastructure and economic transformation. Recent expansions at the Mactan‑Cebu International Airport have significantly boosted passenger capacity and efficiency, positioning the island as a central node in the region’s transportation network. The opening of the Cebu–Cordova Link Expressway and ongoing upgrades to key road networks have dramatically improved accessibility to and from the main island. Moreover, new mixed‑use developments such as Mahi Center, a PEZA‑accredited lifestyle and business hub just minutes from the airport, are further elevating Mactan’s appeal as a destination for both leisure and enterprise.

---

3. Why Invest in Mactan Plains Residences Studio?

Mactan Island has emerged as a prime destination for real estate investment, driven by robust economic growth, rising tourism, and a flurry of infrastructure developments. A studio unit at Mactan Plains Residences offers a compelling entry point into this thriving market.

Key Investment Highlights:

• Capital Appreciation. Steady double‑digit appreciation has been observed in key areas of Mactan, fueled by limited land availability and sustained demand. With continued infrastructure spending and commercial expansion, property values are poised for long‑term growth.
• Strong Rental Demand. The Mactan condo market in 2026 shows steady growth, with annual price gains of approximately 5% and rental yields ranging from 6% to 9% in prime areas. Demand from OFW returnees, tourism workers, and airport‑adjacent professionals keeps vacancy rates low.
• Resort‑Island Lifestyle. Positioned near world‑class beach resorts, the Mactan Newtown township, and the upcoming Mahi Center, the studio unit appeals to both long‑term renters and short‑term leisure travelers seeking a modern, secure, amenity‑rich base.
• High Liquidity for Resale. Smaller studio units in well‑located, amenitized condominiums consistently rank among the most liquid real estate assets, attracting first‑time buyers, young professionals, and small investors.

Why This Studio Unit Specifically Stands Out:

At just 25.28 sqm, the studio is thoughtfully laid out to maximize every square meter—integrating living, dining, bedroom, kitchen, and toilet & bath areas into a cohesive, functional space. It is designed as a true turnkey investment: ready for immediate occupancy or lease with no additional fit‑out costs. The RFO status eliminates construction delays and uncertainty, providing immediate cash flow potential for investors.

---

4. Project Details

---

Category: Developer
Information: Pacific Land Ventures & Property Development, Inc.

Category: Project Status
Information: Ready for Occupancy (RFO)

Category: License to Sell
Information: 033690

Category: Completion Date
Information: March 31, 2023

Category: Total Land Area
Information: Approx. 1,206 sqm

Category: Building Storeys
Information: 18 storeys

Category: Total Units
Information: 340 residential units

Category: Elevators
Information: Three (3) high‑speed elevators

Category: Safety Systems
Information: Fire alarm and automatic sprinkler system

---

5. Unit Specifications – Studio (25.28 sqm)

---

Living & Dining Area
Included: ✓

Bedroom Area
Included: ✓

Kitchen Area
Included: ✓

Toilet & Bath
Included: ✓

Balcony
Included: —

Interior Finishes & Features:

---

Kitchen Cabinets
Specification: Melamine board with stainless steel sink and granite countertop

Bedroom Closet
Specification: Melamine board wardrobe

Flooring
Specification: Tiled flooring throughout; ceramic floor and wall tiles in toilet & bath

Walls & Ceilings
Specification: Painted cement finish

Bathroom
Specification: Complete fixtures, accessories, and exhaust fan

Air Conditioning
Specification: Electrical provision for AC unit

Water Heating
Specification: Electrical provision for portable water heater at shower area

Range Hood
Specification: Electrical provision for filter‑type range hood

Cooking
Specification: Non‑LPG, purely electric cooking provisions

Connectivity
Specification: Telephone and CATV provisions

Safety
Specification: Fire alarm and smoke detector in each unit

Deliverable: Finished — no additional renovation required; ready for immediate occupancy or rental placement.

---

6. Building & Amenities

---

Swimming Pool
Description: Adult swimming pool

Fitness Gym
Description: Fully equipped fitness center

Clubhouse
Description: Multi‑purpose clubhouse

Lobby & Reception
Description: Main lobby with reception area

Multi‑Purpose Court
Description: Recreational court for sports & events

Parking
Description: Basement and ground floor parking

Garbage Disposal
Description: Centralized collection with segregated garbage chutes

Mailboxes
Description: Individual mailboxes for each unit

Elevators
Description: Three (3) high‑speed elevators for efficient vertical transport

Security
Description: 24/7 security personnel

Fire Safety
Description: Fire detection and automatic alarm & sprinkler system

Emergency Power
Description: 100% standby generator

Key Operational Advantages:

• Centralized Garbage System with Segregated Chutes. Promotes cleanliness and environmental responsibility.
• Three High‑Speed Elevators. Minimizes wait times across 18 storeys.
• Standby Generator. Ensures uninterrupted power for lighting, elevators, and common areas during outages—a critical feature for both residents and short‑term renters.
• Fire Detection & Alarm System. Provides peace of mind and compliance with safety regulations.

---

7. Financing & Payment Options

🔹 Pag‑IBIG Financing (Recommended for First‑Time Homebuyers & OFWs)

---

Total Price
Amount: ₱2,911,898.00

Reservation Fee
Amount: ₱10,000.00 (deductible from equity)

Down Payment / Equity
Amount: ₱60,000.00

Equity Payment Terms
Amount: ₱10,000.00/month for 6 months

Loanable Amount
Amount: ₱2,841,898.00

Pag‑IBIG Monthly Amortization Estimates:

---

Loan Term: 30 years
Estimated Monthly Payment: ₱17,038.61

Loan Term: 25 years
Estimated Monthly Payment: ₱18,310.39

Loan Term: 20 years
Estimated Monthly Payment: ₱20,360.24

Loan Term: 15 years
Estimated Monthly Payment: ₱23,981.55

Loan Term: 10 years
Estimated Monthly Payment: ₱31,550.89

Loan Term: 5 years
Estimated Monthly Payment: ₱54,941.85

Pag‑IBIG Advantage as of 2026: Qualified first‑time homebuyers earning below ₱34,686 per month (outside NCR) may access a subsidized 3% interest rate for the first five years under the Expanded 4PH Program. Early borrowers may even lock in the 3% rate for the first ten years under the Early Bird Promo. This represents a significant savings compared to standard market rates.

🔹 Bank Financing (Alternative for Higher Income or Larger Loan Amounts)

---

Total Price
Amount: ₱2,911,898.00

Reservation Fee
Amount: ₱10,000.00 (deductible from equity)

Down Payment / Equity
Amount: ₱281,190.00

Equity Payment Terms
Amount: ₱46,865.00/month for 6 months

Loanable Amount
Amount: ₱2,620,708.00

Bank Monthly Amortization Estimates:

---

Loan Term: 20 years
Estimated Monthly Payment: ₱18,775.57

Loan Term: 15 years
Estimated Monthly Payment: ₱22,115.02

Loan Term: 10 years
Estimated Monthly Payment: ₱29,095.23

Loan Term: 5 years
Estimated Monthly Payment: ₱50,665.63

Comparison of Financing Options:

Minimum Down Payment
Pag‑IBIG Financing: ₱60,000 (plus ₱10,000 reservation)
Bank Financing: ₱281,190 (plus ₱10,000 reservation)

Equity Monthly (6 mos)
Pag‑IBIG Financing: ₱10,000
Bank Financing: ₱46,865

Lowest Monthly Amortization
Pag‑IBIG Financing: ₱17,039 (30 years)
Bank Financing: ₱18,776 (20 years)

Potential Interest Rate
Pag‑IBIG Financing: As low as 3% for qualified borrowers
Bank Financing: Standard market rates (typically 6%–8%)

Best For
Pag‑IBIG Financing: First‑time buyers, OFWs, moderate income
Bank Financing: Higher income, larger down payment capacity

---

8. Why Choose Mactan Plains Residences Studio?

• RFO (Ready for Occupancy). No waiting period. Move in immediately or start earning rental income right away.
• Smart Studio Layout. 25.28 sqm efficiently designed to maximize living, dining, sleeping, and kitchen spaces—ideal for singles, couples, or short‑term rentals.
• Premium Finishes Included. Granite countertops, tiled flooring, full bathroom fixtures, and complete electrical provisions are all part of the standard unit—no hidden upgrade costs.
• Comprehensive Amenities. From the adult swimming pool and fitness gym to the clubhouse and multi‑purpose court, every amenity is designed for modern urban living.
• Peace of Mind. 24/7 security, automatic fire detection and alarm, standby generator, and basement parking ensure safety and convenience for all residents.
• Flexible Ownership Paths. Whether you are a first‑time homebuyer leveraging Pag‑IBIG’s subsidized 3% rate, an OFW securing a retirement property, or an investor seeking rental income, the financing options accommodate your specific financial profile.

---

9. Developer Profile: Pacific Land Ventures & Property Development, Inc.

Pacific Land Ventures is an established developer in Cebu with a track record of delivering thoughtfully planned residential communities. The company’s portfolio includes Mactan Plains, Pueblo El Grande, and Midpoint Residences. The developer completed Mactan Plains Residences on March 31, 2023, demonstrating reliability in project execution and timely turnover. The license to sell (LS No. 033690) and HLURB CVR AA‑2019/02‑555 further attest to full regulatory compliance.

💡 Ready to Reserve?

1. Reservation Fee: Only ₱10,000 (deductible from equity).
2. Select Your Preferred Financing: Pag‑IBIG (lowest entry) or Bank Financing.
3. Sign the Contract to Sell and begin your 6‑month equity payment plan.
4. Move In or Lease Out immediately after loan approval.

Important Note: Real estate property values are appreciating daily. The prices and payment terms above are subject to change without prior notice. To lock in the current rate and reserve your studio unit, contact the developer’s marketing team today.

Contact Us

Author
John Paul Ybañez Paquibot
Licensed Real Estate Broker | PRC No. 00014132 | DHSUD No. CVRFO-B-03/18-2672
Bachelors Realty and Brokerage, Inc. Cebu
G/F Cap Building, Brgy. Corner, Osmeña Blvd.
Arlington Pond St. Extension, Cebu City, 6000 Cebu

Prices start at just ₱2.8M | ⭐ 5-Star Rated Development | Free Appliance Package & Financing Assistance

---

Why Saekyung Ocean Residences is the Best Investment in Mactan Right Now

While other condos on Mactan Island start at ₱5M+, Saekyung Ocean Residences delivers legitimate coastal living for as low as ₱2.8M — a price point that is almost impossible to find in this rapidly developing tourism belt of Cebu. Developed by the reliable Saekyung Realty Corporation (SKB Mabuhay Realty Corp) in partnership with the Korean government-backed KIND (Korea Overseas Infrastructure & Urban Development Corp), this 4-tower project offers a unique blend of Asian quality standards and Filipino value.

🎁 Current Buyer Promos (June 2026 Update)

For a limited time, early birds and pre-selling buyers receive a complete appliance package plus waived fees:

• FREE Split-Type Inverter Aircon (x2 for 3BR units)
• FREE Refrigerator & Washing Machine
• FREE Rangehood, Shoe Cabinet, and Kitchen Cabinets
• FREE Transfer Taxes, Water/Electric Connection, and Move-in Fees
• FREE Pag-IBIG / Bank Loan Processing Assistance (Zero hassle!)

⚡ Inventory Alert: Towers 3 & 4 are now open for reservations. High-floor units with unobstructed sea views and balconies are selling out rapidly. As of June 2026, only 45% of inventory remains.

🎯 SECURE YOUR UNIT & PROMO →

---

📍 Prime Location: Subabasbas, Lapu-Lapu City – The Heart of Mactan’s Growth

Saekyung Ocean Residences sits on a sprawling 4.5-hectare property at Subabasbas Road, Barangay Suba-Basbas — a location chosen by developers for its balance of serene coastal views and accessibility to Mactan’s economic hubs. The development offers a rare combination: a peaceful seaside environment that’s still just minutes away from everything you need.

⏱️ Travel Times from the Property:

---

✈️ Mactan-Cebu International Airport (MCIA)
Travel Time: 15-20 minutes

🏖️ Shangri-La Mactan Resort & Spa
Travel Time: 12 minutes

🏥 Mactan Doctors’ Hospital
Travel Time: 10 minutes

🛍️ Gaisano Grand Mall Mactan
Travel Time: 10 minutes

🏙️ Mactan Newtown Business Park
Travel Time: 15 minutes

🏫 University of the Visayas – Mactan Campus
Travel Time: 8 minutes

🌉 Cebu-Cordova Link Expressway (CCLEX)
Travel Time: 20 minutes to Cebu City

What Makes Suba-Basbas Unique?

Unlike the congested areas near the airport, Suba-Basbas offers a quieter, residential atmosphere while still being strategically positioned. The development’s own commercial buildings and wide internal roads (15-meter primary roadway) ensure you don’t need to venture far for daily necessities. The area is rapidly urbanizing, with new commercial developments and infrastructure projects increasing property values yearly.

---

🏗️ Project Specifications & Developer Credibility

Developer: Saekyung Realty Corporation (SKB Mabuhay Realty Corp)

• Track Record: Successfully completed Saekyung Village 1 (Phase 3), five 14-storey buildings with 1,922 units
• Partnerships: Co-invested with KIND (Korean government infrastructure agency), ensuring financial stability and construction quality
• Grand Launch: March 24, 2025 — project officially launched with full stakeholder support
• License to Sell #: 2147, 2148 (Verified with DHSUD)

Building Features (All 4 Towers)

• 16 storeys per tower (Tower 2 is 6 storeys for lower-density living)
• Total Units: 3,171 (543 residential parking slots + 70 commercial slots)
• Elevators: 4-5 passenger elevators per tower
• Safety Systems: Fire detection & automatic sprinkler, 24/7 security with guardhouse, 3 fire exit staircases
• Utilities: Backup power for common areas, cistern tank, sewage treatment plant (STP)
• Internet Ready: Pre-wired for fiber connectivity

📊 COMPARE WITH OTHER MACTAN CONDO →

---

🏊 Amenities & Facilities (Resort-Style Living)

The project is anchored by an open deck connecting all four towers, which serves as the main amenity hub. This design allows residents to access all facilities without leaving the property.

---

🏊 Adult Swimming Pool
Description: Lap pool for exercise and relaxation

🏀 Full-Size Basketball Court
Description: Regulation-sized court for sports enthusiasts

👶 Playground
Description: Child-friendly play area with safety surfaces

🍢 Barbecue Park
Description: Designated picnic and grilling area for family gatherings

🏠 Clubhouse
Description: Multi-purpose hall for events and parties

💼 Commercial Buildings
Description: 4 commercial buildings within the development (restaurants, sari-sari stores, laundry, etc.)

🚪 Elevators in All Towers
Description: 4-5 high-speed passenger elevators per building

📦 Mailbox Area
Description: Secure mail and parcel collection

🗑️ Garbage Storage Area
Description: Designated waste management zone

---

🏠 Unit Types & Pricing (Official 2026 Price List)

Studio Unit (28.98 sqm) – “The Smart Starter”

Most popular among OFWs, young professionals, and first-time investors

---

Ground – 5th Floor
Price: ₱2,800,000

6th – 9th Floor
Price: ₱2,860,000

10th – 14th Floor
Price: ₱2,920,000

15th – 18th Floor
Price: ₱2,980,000

Room Breakdown:

• Kitchen: 5.23 sqm
• Balcony: 4.68 sqm
• Toilet & Bath: 4.31 sqm
• Living/Bed Area: 14.76 sqm

✅ Best For: Single professionals, students, rental arbitrage investors
💰 Estimated Rental Income: ₱12,000 – ₱18,000/month

---

1 Bedroom Unit (58.56 sqm) – “The Lifestyle Upgrade”

Perfect for couples, small families, or those working from home

---

Specification: Total Price
Detail: ₱5,620,000 – ₱6,294,400

Specification: Reservation Fee
Detail: ₱30,000 (deductible)

Specification: Floor Area
Detail: 58.56 sqm

Specification: Layout
Detail: 1 bedroom, living/dining, kitchen, 1 T&B, balcony

✅ Best For: Couples, remote workers, small families, medium-term rental investors
💰 Estimated Rental Income: ₱22,000 – ₱30,000/month

---

3 Bedroom Unit (92.5 sqm) – “The Family Haven”

Spacious layout with master suite and maid’s room

---

Specification: Total Price
Detail: ₱9,833,600

Specification: Reservation Fee
Detail: ₱50,000 (deductible)

Specification: Floor Area
Detail: 92.5 sqm

Specification: Layout
Detail: 3 bedrooms, master’s bedroom with own T&B + balcony, powder room, maid’s room, 2 T&Bs

✅ Best For: Large families, expatriates, long-term homeowners
💰 Estimated Rental Income: ₱40,000 – ₱55,000/month

---

💰 Financing Options: Pag-IBIG vs. Bank Financing (June 2026)

Studio Unit (2.8M) – Payment Breakdown

Pag-IBIG Financing:

• DP/EQUITY (16 months): ₱7,500/month after ₱20,000 reservation fee
• Loanable Amount: ₱2,660,000
• Monthly Amortization (30 years): ₱15,948
• Monthly Amortization (20 years): ₱19,057
• Monthly Amortization (10 years): ₱29,531【user input】

Bank Financing:

• DP/EQUITY (16 months): ₱16,250/month after ₱20,000 reservation fee
• Loanable Amount: ₱2,520,000
• Monthly Amortization (20 years): ₱18,054
• Monthly Amortization (10 years): ₱27,977【user input】

💡 PRO TIP: Pag-IBIG offers lower monthly payments but requires membership. For OFWs and higher-income buyers, bank financing may offer faster approval.

---

1 Bedroom Unit (6,294,400) – Payment Breakdown

Pag-IBIG Financing:

• DP/EQUITY (16 months): ₱43,010/month after ₱30,000 reservation fee
• Loanable Amount: ₱5,576,083
• Monthly Amortization (30 years): ₱33,431
• Monthly Amortization (20 years): ₱39,949
• Monthly Amortization (10 years): ₱61,906【user input】

Bank Financing:

• DP/EQUITY (16 months): ₱37,465/month after ₱30,000 reservation fee
• Loanable Amount: ₱5,664,960
• Monthly Amortization (20 years): ₱40,586
• Monthly Amortization (10 years): ₱62,893【user input】

---

3 Bedroom Unit (9,833,600) – Payment Breakdown

Pag-IBIG Financing:

• DP/EQUITY (16 months): ₱150,525/month after ₱50,000 reservation fee
• Loanable Amount: ₱7,375,200
• Monthly Amortization (30 years): ₱44,218
• Monthly Amortization (20 years): ₱52,838
• Monthly Amortization (10 years): ₱81,880【user input】

Bank Financing:

• DP/EQUITY (16 months): ₱58,335/month after ₱50,000 reservation fee
• Loanable Amount: ₱8,850,240
• Monthly Amortization (20 years): ₱63,406
• Monthly Amortization (10 years): ₱98,256【user input】

---

📋 Pag-IBIG & Bank Loan Requirements

For Pag-IBIG Housing Loan:

1. Member must have: At least 24 monthly contributions (at least 12 months within the last 18 months)
2. Income Documents: Latest 3 months payslips or ITR (for self-employed/OFWs)
3. Valid IDs: 2 government-issued IDs
4. Employment Certificate (for locally employed)
5. Bank Statements (last 3 months)

Estimated Required Monthly Income:

• Studio: ₱50,000+
• 1 Bedroom: ₱95,000+
• 3 Bedroom: ₱145,000+

For Bank Financing:

• Higher credit score requirements
• 20-30% down payment (depending on bank)
• Processing time: 2-4 weeks (faster than Pag-IBIG)
• Best for: OFWs, self-employed with strong financials, high-income earners

---

📈 Why Mactan? Investment & Rental Potential

Mactan Island is NOT just a tourist destination — it’s an economic powerhouse.

• Mactan Economic Zone (MEZ): The second largest public ecozone under PEZA, generating ₱51.5 billion in investments and $45.32 billion in exports since 1995
• Tourism Growth: Over 3 million international tourists annually (pre-pandemic), with continuous recovery
• Infrastructure Boom: CCLEX, Mactan Airport expansion, and new bridges increasing accessibility
• Rental Demand: High demand from airport crew, BPO employees in Mactan Newtown, resort workers, and tourists seeking long-term stays

Market rents in Mactan for comparable units range from ₱400-600 per sqm per month. Saekyung’s units are positioned to capture this range upon turnover.

Appreciation Potential:

• Pre-selling vs. RFO price gap: Early buyers secure units at 15-20% below RFO prices
• Nearby comps: Similar condos in Mactan (e.g., Royal Oceancrest, Primeworld District) have appreciated 8-12% annually
• Turnover date (2 years): Perfect timing for capital appreciation before full payment completion

---

🏆 Comparison: Saekyung Ocean Residences vs. Other Mactan Condos

Saekyung Ocean Residences
Starting Price: ₱2.8M
Developer: Saekyung (Korean-backed)
Location: Suba-Basbas
Amenities: Pool, basketball, clubhouse, barbecue park
Freebies: Aircon, fridge, washer, rangehood, transfer taxes
Pag-IBIG Financing: Yes (30 years)
License to Sell: #2147, 2148
Construction Status: Under construction (pre-selling)

Royal Oceancrest
Starting Price: ₱3.0M+
Developer: Primary Homes
Location: Basak
Amenities: Pool, gym, function room
Freebies: Limited
Pag-IBIG Financing: Yes
License to Sell: Verified
Construction Status: Ready/in progress

Primeworld District Mactan
Starting Price: ₱3.4M+
Developer: Primeworld Land
Location: Agus
Amenities: Pool, gym, playground
Freebies: Limited
Pag-IBIG Financing: Yes
License to Sell: Verified
Construction Status: Pre-selling

---

💎 Verdict: Saekyung offers the lowest entry price in Mactan for a Korean-backed, large-scale development with substantial freebies. Ideal for budget-conscious investors who don’t want to compromise on quality.

---

🎯 Who Should Invest in Saekyung Ocean Residences?

---

👨‍✈️ OFW / Seafarer
Why It Fits: Low DP (₱7,500/mo for studio), Pag-IBIG accessible from abroad, agent-assisted remote reservation

💼 First-Time Investor
Why It Fits: ₱2.8M entry is lowest in class, free appliance package reduces upfront costs, rental demand is proven

🏡 Family Home Seeker
Why It Fits: 3BR with maid’s room (92 sqm) offers space for growing families at half the price of Cebu City condos

🏖️ Vacation Home Buyer
Why It Fits: Near beaches and resorts, can be rented out when not in use, property management available

📈 Airbnb Operator
Why It Fits: Strategic location near airport and tourist spots, balcony units in high demand, 4 towers mean consistent availability

👨‍💻 Remote Worker
Why It Fits: Spacious studio/1BR with balcony, fiber-ready internet, quieter neighborhood than Cebu City

---

🗓️ Turnover & Construction Timeline

• Estimated Turnover: 2 years from reservation (targeting 2027-2028 completion)
• Current Status: Towers 3 & 4 now open for reservation
• Construction Milestones:
• Groundbreaking: October 28, 2022
• Grand Launch: March 24, 2025
• Foundation work complete for Towers 1 & 2

Why buy pre-selling? Lower entry price, flexible payment terms, choice of best units (sea views, high floors), and capital appreciation by turnover.

---

❓ Frequently Asked Questions (FAQs)

1. Is Saekyung Ocean Residences a legitimate project?

Yes. DHSUD License to Sell #2147 and #2148. The developer has a proven track record with Saekyung Village 1 Phase 3 (1,922 units completed) and is backed by Korean government investment through KIND.

2. Can an OFW buy a unit remotely?

Yes. Our team handles the entire process via email, video call, and digital document signing. You can reserve using a credit card or bank transfer without flying to Cebu.

3. What are the condo dues?

To be announced (TBA) — estimated at ₱80-120 per sqm per month based on similar Mactan projects.

4. Is parking included?

Parking slots are available for free with a ₱200 annual car sticker. Limited slots (543 residential slots) — reserve early if you need parking.

5. Can I rent out my unit immediately after turnover?

Yes. The development allows rentals. Many buyers are purchasing specifically for Airbnb or long-term rental income. We can connect you with property management partners.

6. What’s the difference between Pag-IBIG and bank financing?

Pag-IBIG offers lower interest rates and longer terms (up to 30 years) but requires membership and specific contribution history. Bank financing offers faster approval and is available to non-members.

---

📞 Ready to Own a Unit? Here’s How to Start

Step 1: Reserve Your Unit

• Studio: ₱20,000 reservation fee (deductible)
• 1 Bedroom: ₱30,000 reservation fee (deductible)
• 3 Bedroom: ₱50,000 reservation fee (deductible)

Step 2: Choose Your Payment Plan

• Pag-IBIG: Lower monthly amortization, longer terms
• Bank: Faster approval, flexible terms for OFWs/self-employed

Step 3: Submit Basic Requirements

• 2 valid government IDs
• Proof of income (payslip or ITR)
• Completed application form

Step 4: Move-in in 2 Years

We’ll guide you through the entire process — from reservation to turnover.

---

🏁 Final Verdict: Why Saekyung Ocean Residences is Your Best Bet

---

Factor: Price
Verdict: ⭐⭐⭐⭐⭐ Best in class at ₱2.8M entry

Factor: Developer
Verdict: ⭐⭐⭐⭐ Proven with Korean government backing

Factor: Location
Verdict: ⭐⭐⭐⭐ Near airport, beaches, and commercial areas

Factor: Amenities
Verdict: ⭐⭐⭐⭐ Pool, basketball, clubhouse, commercial buildings

Factor: Investment Potential
Verdict: ⭐⭐⭐⭐ Strong rental demand, appreciation likely

Factor: Financing
Verdict: ⭐⭐⭐⭐ Pag-IBIG and bank options available

Factor: Freebies
Verdict: ⭐⭐⭐⭐⭐ Complete appliance package + waived fees

Bottom Line: If you’re looking for an affordable entry into Cebu’s real estate market with legitimate developer backing and solid rental potential, Saekyung Ocean Residences is currently unmatched.

---

License to Sell #2147, #2148 | DHSUD approved | Prices subject to change without prior notice. All information accurate as of June 2026.

---

🔗 Related Properties You May Like

• Affordable Condos in Cebu Under ₱3M

Contact Us

Author
John Paul Ybañez Paquibot
Licensed Real Estate Broker | PRC No. 00014132 | DHSUD No. CVRFO-B-03/18-2672
Bachelors Realty and Brokerage, Inc. Cebu
G/F Cap Building, Brgy. Corner, Osmeña Blvd.
Arlington Pond St. Extension, Cebu City, 6000 Cebu

Live near Mactan-Cebu international Airport without breaking the bank.

Plumera Residences Mactan, developed by trusted Cebuano builder Johndorf Ventures, is an RFO (ready-for-occupancy) mid-rise condominium community located in Basak, Lapu-Lapu City. With its strategic location, affordable price point, and complete amenities, Plumera is designed for first-time homebuyers, OFWs, young families, and savvy investors.

---

📍 Strategic Location: Connectivity at Your Doorstep

Plumera Residences sits along Cagodoy Road in Barangay Basak. Its prime location gives residents easy access to major destinations in Mactan Island:

• ✈️ 4.8 km to Mactan-Cebu International Airport (MCIA) – ideal for frequent travelers, OFWs, and tourism-dependent professionals
• 🏥 6.8 km to Mactan Doctor’s Hospital
• 🏫 Indiana Aerospace University & Lapu-Lapu City College
• 🛍️ Gaisano Grand Mall Mactan and Pueblo Verde
• 🚌 H-Mall V-hire terminal for easy transport to Cebu City

In 2025, the airport saw 11.6 million passengers, a surge that directly fuels demand for nearby housing.

The Cebu-Cordova Link Expressway (CCLEX) already bridges Mactan Island to Cebu City in minutes, with plans for additional ramps by 2026 to further cut travel times. These infrastructure improvements make Plumera an even stronger investment today.

---

🏗️ Developer Profile: Johndorf Ventures

Johndorf Ventures Corporation is a homegrown Cebuano developer known for building quality yet affordable residential communities.

Their Plumera Mactan project recently earned major recognition at the 13th PropertyGuru Philippines Property Awards:

• Best Affordable Condo Development in Metro Cebu
• Best Connectivity Condo Development
• Best Affordable Condo Architectural Design

The award affirmed Johndorf’s ability to deliver quality and connectivity at accessible prices. The developer is backed by a ₱6 to ₱9 billion capital expenditure plan to ensure timely completion and expansion.

---

🏢 Project Overview

---

Developer
Details: Johndorf Ventures Corporation

Location
Details: Cagodoy Road, Basak, Lapu-Lapu City, Cebu

Total Land Area
Details: 5 hectares

Building Count
Details: 19+ residential buildings

Total Units
Details: Approximately 3,207 units across all phases

License to Sell
Details: 2133, 2134, 2135

Unit Types
Details: Studio (24 sqm) & 1-Bedroom (36 sqm)

Turnover Status
Details: RFO (Towers A, B, C, F, G, H) & Preselling (Towers K, L, S)

Monthly Condo Dues
Details: ₱70 per square meter

RFO vs. Preselling: Towers A through H are ready for immediate turnover. Towers N, O, P, and Q are near-RFO (12–18 months), while Towers K, L, and S are preselling (30–36 months) with construction starting in 2026.

---

🏠 Unit Types & Specifications

Studio Unit (24 sqm)

• Ideal for: Singles, students, young professionals, rental investors
• TCP: ₱3,568,000 (bank financing)
• Equity: ₱178,400 (payable as ₱7,433/month for 24 months)

1-Bedroom Unit (36 sqm)

• Ideal for: Couples, small families, work-from-home professionals
• TCP: ₱5,467,000 (bank financing)
• Equity: ₱100,000 (payable as ₱25,000/month for 4 months)

Deliverable finishes are consistent for both types:

• Walls: Pre-cast concrete panels with semi-gloss paint (living/dining/kitchen); ceramic wall tiles in T&B.
• Flooring: Ceramic floor tiles for living, dining, kitchen, T&B, and balcony.
• Ceiling: Pre-cast concrete finish for lower floors; 12mm gypsum board for 4th floor units.
• Kitchen: Granite countertop with wood cabinet doors, stainless steel handle included.
• Windows: Sliding glass with aluminum framing.
• Doors: Provided for main entry, service area, T&B, and bedroom (for 1BR units).

---

🏊 Amenities & Facilities

Residents of Plumera enjoy a complete suite of on-site amenities:

---

Lifestyle

• Adult swimming pool
• Kids swimming pool
• Multi-purpose clubhouse
• Park / Pocket park
• Retail/commercial area
• Jogging trail
• Multi-purpose court

Security & Infrastructure

• Gate & guardhouse
• Perimeter fence
• 24/7 security
• Fire detection and alarm system (automatic)
• 15-M wide main spine road
• Underground drainage & sewer system
• 100% standby emergency power

Additional amenities include a lagoon, material recovery facility for garbage, mailbox area, and a sewage treatment plant. The pool, clubhouse, retail area, and standby power are particularly valuable in Cebu—especially during occasional brownouts.

---

💰 Financing & Payment Options

Plumera offers flexible financing to suit different budgets.

1. Bank Financing

Studio Unit (24 sqm):

• Loanable Amount: ₱3,364,600
• 20-year amortization: ₱24,105/month (estimated)
• 15-year amortization: ₱28,392/month

1-Bedroom Unit (36 sqm):

• Loanable Amount: ₱5,342,000
• 20-year amortization: ₱38,272/month (estimated)
• 15-year amortization: ₱45,079/month

2. Pag-IBIG Financing (Studio Unit Only)

The Pag-IBIG Fund offers a subsidized 3% annual rate for the first 5 years for qualified first-time homebuyers earning below ₱34,686/month (outside Metro Manila).

Studio Unit with Pag-IBIG:

• Loanable Amount: ₱3,032,000
• 20-year amortization: ₱21,722/month
• 25-year amortization: ₱19,535/month
• 30-year amortization: ₱18,178/month

This lower rate makes monthly amortization significantly more affordable over the long term.

3. In-House Financing

Available directly through Johndorf Ventures. Contact the seller for terms and conditions.

---

💡 Why Plumera Mactan Is a Smart Investment

🚀 Strong Property Appreciation

Metro Cebu’s condo market has shown consistent growth, with 3–5% actual appreciation in 2025 for condominiums. Industry analysts project 8–10% annual price appreciation in Cebu through 2028—higher than Metro Manila’s forecast.

💰 Excellent Rental Yields

For investors, Plumera’s location in Basak is a goldmine. Lapu-Lapu’s Basak/Marigondon corridor now offers estimated net rental yields of 5.8% for studios and 5.7% for 1-bedroom units—among the highest in the entire Cebu metro area.

• Median monthly Airbnb revenue in Lapu-Lapu City: ₱27,700
• Average nightly rate: $50–$53
• Occupancy rate: 30–31% for short-term rentals

📈 Major Infrastructure Catalysts

Plumera’s value is further supported by ongoing and upcoming developments:

• Mactan Expo – A ₱1.5‑billion convention center inside The Mactan Newtown, inaugurated in March 2026, is already boosting tourism and business travel.
• CCLEX Expansions – New ramps are being planned to connect the expressway directly to major Cebu City arteries, cutting commute times and increasing Mactan’s desirability.
• Mactan Newtown – Megaworld’s 30-hectare mixed-use township will continue to draw BPO locators, expats, and leisure investors, directly benefiting nearby residential projects.

---

📋 Step‑by‑Step Buying Process (Simplified)

1. Reserve your unit – Pay the ₱25,000 reservation fee (deductible from equity).
2. Choose your financing – Bank, Pag-IBIG, or in-house.
3. Pay your equity – Over 4 to 24 months, depending on your unit and scheme.
4. Apply for your loan – Submit requirements to your chosen bank or Pag-IBIG.
5. Sign the Contract to Sell – Upon approval.
6. Complete turnover – Inspect your RFO unit and move in.

---

❓ Frequently Asked Questions

Q: Is Plumera Mactan open to foreign buyers?
A: Yes, foreigners may purchase condominium units in the Philippines, subject to the 40% foreign ownership limit per building.

Q: Is parking included?
A: Parking slots are typically sold separately. Contact the seller for current availability and pricing.

Q: What are the condo dues?
A: ₱70 per square meter per month, which covers security, maintenance, and amenities.

Q: Can I rent out my unit on Airbnb?
A: Check with the condo corporation’s rules. Many units in Plumera are used for short-term rentals, given its proximity to the airport.

Q: How do I schedule a site viewing?
A: Contact a licensed real estate agent or directly message the developer for an appointment.

---

📞 Ready to Own a Unit at Plumera Residences Mactan?

Plumera gives you the perfect balance of affordability, quality, and prime location in Mactan Island’s booming real estate market. With RFO units ready for immediate turnover and flexible financing options, your new home or investment is just a few steps away.

Reserve your unit today – prices are subject to change without prior notice. For the latest availability and sample computations, contact us.

---

Disclaimer: Prices, payment terms, loan rates, and project details are subject to change without prior notice. This page is for informational purposes. Always verify current figures with Johndorf Ventures or a licensed real estate professional before making any purchase.

Contact Us

Author
John Paul Ybañez Paquibot
Licensed Real Estate Broker | PRC No. 00014132 | DHSUD No. CVRFO-B-03/18-2672
Bachelors Realty and Brokerage, Inc. Cebu
G/F Cap Building, Brgy. Corner, Osmeña Blvd.
Arlington Pond St. Extension, Cebu City, 6000 Cebu