Balai Punta Engaño: Island-Inspired Living in Lapu-Lapu City

Discover a new dimension of seaside living at Balai Punta Engaño, an island-inspired residential development that redefines modern living in Lapu-Lapu City, Cebu. Located in the picturesque Punta Engaño, Mactan, this unique development blends cultural heritage with contemporary amenities, offering an unparalleled lifestyle near the beach.

Balai Punta Engaño is more than just a residential tower; it’s a vibrant community built around a resort-amenity central court and a scenic view deck. Whether you seek a serene home near the beach or a valuable investment, Balai Punta Engaño has something to offer everyone. With its modern design, distinctive amenities, and prime location, this development sets the stage for a lifestyle like no other.

Development Key Details:
-No. of Towers: 1
-No. of Floors: 19 Storey
-Total No. of Units: 444
-Status: Ongoing Construction
-Land Area: 1,700 sqm
-Condominium Units Offered:
-Studio Units: 21 - 32.81 sqm
-1 Bedroom Units: 37.63 sqm
-2 Bedroom Units: 51.76 sqm
-Yarden Units: 50.84 – 60.38 sqm (2 storey)
-Toilet & Bath Range: 1 - 2
-Price Range: Php 3,501,000 to Php 13,821,000
-Reservation Fee: Php 20,000 to Php 50,000
-Equity Terms: 15% in 24 months, Step Up Term (3% in 8 months, 5% in 8 months, 7% in 8 months)
-Product Type: Residential

Building Features & Amenities:
-Tugkaran: Welcoming spaces and gathering spots for residents.
-Dayon: Kiddie Pool, Lap Pool, Wading Pool.
-Tapok: Function Hall.
-Obra: Work and Community Spaces.
-Duwa: Playground.
-Building Features:
-Tiered open space locations.
-Residential lobby with 24/7 security.
-Leasable storage spaces.
-2 high-speed elevators.
-WIFI in lobby and Obra (work and community spaces).
-Standby generator and sprinkler system.
-Fire detection and alarm system.

Location Proximity:
Balai Punta Engaño is strategically located in Lapu-Lapu City, Mactan, Cebu, providing easy access to various key locations:

Lapu-Lapu Monument: Nearby.
Mactan Seagrove: Nearby.
Shangri-La's Mactan Resort and Spa, Cebu: Nearby.
Movenpick Resort: Nearby.
Mactan Seaport Village: Nearby.
Mactan-Cebu International Airport: 15 minutes away.

Units & Sample Computation:

Sample Unit: Studio (Unit No: 02F-02)
Orientation: NW - Cebu North
Unit Area: 22.35 sqm
Total Contract Price (TCP): Php 4,130,000
Reservation Fee: Php 20,000
15% in 24 Months: Php 18,167/month
For Step Up - equity is as low as Php 12,988/month
85% Balance (Bank Financing): Php 3,510,500
Estimated monthly loan amortization payments for the loanable amount of ₱3,510,500.00 through bank financing at an annual interest rate of 8% for different loan terms:
5-Year Term (60 months): ₱71,180.28 per month
10-Year Term (120 months): ₱42,592.05 per month
15-Year Term (180 months): ₱33,548.17 per month
20-Year Term (240 months): ₱29,363.23 per month

Sample Unit: Yarden (Unit No: UG-12)
Orientation: Yarden Floor
Unit Area: 62.04 sqm
Total Contract Price (TCP): Php 10,836,000
Reservation Fee: Php 50,000
Regular: 15% in 24 Months: Php 47,739/month
For Step Up - equity is as low as Php 34,385/month
85% Balance (Bank Financing): Php 9,210,600
Estimated monthly loan amortization payments for the loanable amount of ₱9,210,600.00 through bank financing at an annual interest rate of 8% for different loan terms:
5-Year Term (60 months): ₱186,757.76 per month
10-Year Term (120 months): ₱111,749.99 per month
15-Year Term (180 months): ₱88,021.29 per month
20-Year Term (240 months): ₱77,041.15 per month

Additional Information:

Yarden and Yarden Plus Nestled at the ground level, the Yarden Units provide the rare privilege of owning a personal haven – a sanctuary that is your private garden. This personal enclave not only welcomes the company of your cherished pets but also invites you to indulge in the art of cultivating your own pocket of green.

Why Choose Balai Punta Engaño?

Balai Punta Engaño offers a unique blend of island-inspired living and modern convenience, making it an ideal choice for those looking to experience the best of both worlds. With its prime location near the beach, thoughtfully designed units, and comprehensive amenities, this development promises a lifestyle of comfort, luxury, and community. Whether for personal use or as an investment, Balai Punta Engaño is poised to become a sought-after address in Lapu-Lapu City.

Invest in a lifestyle that merges the serenity of island living with modern comforts at Balai Punta Engaño. Whether you're drawn to the intimate Studio units or the expansive Yarden units, this development offers a variety of living spaces designed to meet your unique preferences. With its unbeatable location and thoughtfully crafted amenities, Balai Punta Engaño is the perfect place to call home or to invest in for the future. Contact us today to learn more and to secure your spot in this exceptional community.