Royal Oceancrest Mactan moved another step closer to completion with the second tower having recently been topped off. The impressive resort condominium is being developed by Primary Homes, one of Cebu’s most respected homebuilders.
Located in Lapu-Lapu City, Royal Oceancrest Mactan is uniquely positioned in a high-potential area. The condominium is close to both the Cebu-Cordova Link Expressway and Cebu-Mactan Cebu International Airport. Additionally, retail spaces, resorts and business zones are all nearby.
The project is expected to be finished early next year with the topping off of the second tower a significant milestone towards completion. Royal Oceancrest Mactan will have four mid-rise buildings and 952 units in total.
According to the developer, 60 percent of project has been set aside for open areas hosting gardens, a bamboo tunnel, yoga pocket spaces and other nature features. Royal Oceancrest Mactan also boasts commercial spaces along with numerous amenities for residents to enjoy.
Primary Homes Vice President for Sales and Marketing, Ramero Espina, told the Cebu Daily News that the development is ideal for those wanting to invest in Mactan, one of the country’s up-and-coming destinations.
Mactan condo market remains strong
According to Primary Homes, the Mactan Island condo market is one of the few to have remained strong during the COVID-19 pandemic. The homebuilder has seen the resiliency of the Mactan Island condo market firsthand with demand actually growing. More than half of the units in Royal Oceancrest Mactan were sold over the past 18 months.
“The lockdown last year greatly affected businesses but surprisingly sales for condo units picked up, quite significantly considering the challenging times,” Espina, explained. “With billions worth of new industrial and world-class developments, Lapu-Lapu City is arguably the perfect choice to settle or invest in Cebu.”
Related: Cebu real estate market sees a slight recovery to start off 2021