Explore Saekyung Ocean Residences in Lapu-Lapu, Cebu — affordable beachfront condos with stunning amenities. Pag-IBIG financing available. Reserve your unit now!

Saekyung Ocean Residences. It’s an affordable pre-selling condominium development located in Barangay Suba-Basbas, Lapu-Lapu City, Cebu. The project comprises four 16-storey towers connected by an open deck, offering a total of 3,171 units across a 4.5-hectare property. Unit options include studio, 1-bedroom, and 3-bedroom units, all featuring balconies.

Location: Suba-basbas, Lapu-lapu City, Cebu

Location & Accessibility

• Distance to Mactan-Cebu International Airport: Approximately 20 minutes
• Nearby Attractions: Close to Maribago Bluewater Resort and Shangri-La Mactan
• Commercial Areas: Near Gaisano Grand Mall and Mactan Newtown
• Educational Institutions & Healthcare: Accessible to top schools and hospitals

Architect’s Perspective

Project Features

• Number of Towers: 4 (16-storey each)
• Total Units: 3,171
• Unit Types: Studio (29.07 sqm), 1-Bedroom (58.73 sqm), 3-Bedroom (93.16 sqm)
• Parking Spaces: 613 (543 residential, 70 commercial)
• Amenities: Swimming pools, basketball court, barbecue park, clubhouse, playground, commercial spaces
• Infrastructure: 15-meter wide primary road and 8–10 meter wide secondary roads for smooth circulation

PROMO INCLUSIONS

• Free double inverter split-type air conditioner
• Free refrigerator
• Free washing machine
• Free rangehood
• Free transfer taxes
• Free water connection
• Free move-in fees
• Free Pag-IBIG housing loan processing

STUDIO UNITS

SAMPLE COMPUTATION

Studio Unit: (FA: 28.98 sq.m)
TCP: Php2,800,000 (GF-5th Floor Only, upper floors slightly vary)
1. Reservation Fee: 20,000
2. 5% at 5,454 per month for 22 months
3. Loanable to Pag-ibig (2,660,000)

Estimated Monthly Amort to Pag-ibig (2,660,000)
30 yrs: 17,697 per month
25 yrs: 18,800 per month
20 yrs: 20,622 per month

1-BEDROOM

SAMPLE COMPUTATION

1-Bedroom Units: (FA: 58.56 sq.m)
Selling Price: Php 5,620,000
12% VAT: Php 674,400
Total TCP: Php 6,294,000
1. Reservation Fee: 30,000
2. Monthly Equity at 15,643 per month for first 22 months
3. Spot Payment of 344,158 upon loan approval
4. Loanable to Pag-ibig (Php 5,576,083)

Estimated Monthly Amort to Pag-ibig (5,576,083)
30 yrs: 37,689 per month
25 yrs: 40,038 per month
20 yrs: 43,920 per month

3-BEDROOM

SAMPLE COMPUTATION

3-Bedroom Units: (FA: 92.50 sq.m)
Selling Price: Php 8,780,000
12% VAT: Php 1,053,600
Total TCP: Php 9,833,600
1. Reservation Fee: 50,000
2. Monthly Equity at 126,120 per month for first 15 months
3. Spot Payment of 1,891,800 upon loan approval
4. Loanable to Pag-ibig (Php 6,000,000, maximum)

Estimated Monthly Amort to Pag-ibig (6,000,000)
30 yrs: 39,918 per month
25 yrs: 42,406 per month
20 yrs: 46,517 per month

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