【Property Introduction】

This property is a project located in the Mandaue area of Cebu Island, Philippines.

Mandaue is situated between Cebu's central business and commercial district, "Cebu Business Park," the economic zone "Cebu IT Park" where many global companies are based, and Mactan Island, home to the airport.


The property spans a vast 20-hectare site and is being developed over a period exceeding 10 years into an integrated complex featuring residences, offices, retail spaces, and recreational areas. The "Mandani Bay" project is a major joint venture undertaken by Hong Kong's leading developer, "Hong Kong Land," and a prominent domestic developer affiliated with the Gaisano Group, "Taft Properties." It is anticipated to transform into an attractive urban area, becoming a new core of Cebu where many people will gather in the future.


This specific property is the third tower project in Mandani Bay, consisting of 33 stories and a total of 900 units. It boasts extensive shared facilities, including a clubhouse, lounge, children's pool, adult pool, and outdoor fitness areas. Due to its popularity, the previous phases of the "Mandani Bay" project have been nearly sold out, making it a highly sought-after property. Additionally, all units in this property come fully furnished, allowing for immediate occupancy upon handover.

【Average Yield】

The average yield is expected to be around 3%. However, given Cebu's popularity and future development prospects, the property is considered a high-potential investment with anticipated property price appreciation.

【Surrounding Environment】


・Cebu Business Park: 15 minutes by car

・Cebu IT Park: 15 minutes by car

・Mactan-Cebu International Airport: 20 minutes by car

The property is highly convenient, being within a 15-minute drive to Cebu's central business areas and only 20 minutes by car from the international airport, making it ideal for private use as well. With its expansive 20-hectare site developed as an integrated community, residents benefit from the convenience of having most necessities within the complex.

【Real Estate Prices or Appreciation in Surrounding Areas】

In the Philippines, luxury residential property prices in Manila's Makati district and neighboring areas saw a 26% increase in the year leading up to March 2024, marking the highest growth among 44 global cities. This surge is attributed to the robust Philippine economy and large-scale infrastructure investments around Manila.


The real estate boom extends beyond Manila, reaching Cebu as well. With the end of the pandemic and the return of tourists, Cebu Island is poised for further development and property price appreciation, solidifying its position as a high-growth area in the Philippines' real estate market.