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Property Overview

Project Selling

Ready for Occupancy / Ready for Use

Condominium

Residential Condo

Pacific Grande Residences is a modern condominium development located in Gun-Ob, Lapu-Lapu City, Cebu. Building 17 offers affordable residential units ranging from 12.5 sqm to 24 sqm, featuring studio to 1-bedroom layouts. The development is strategically positioned less than 500 meters from the Mactan Export Processing Zone 2 and approximately 1 kilometer from Lite Industrial Park (MEPZ 3). All units include modern amenities such as electronic locking systems with card keys, porcelain tile floors, UPVC sliding windows with screens and tempered glass, and steel doors with wood grain design. The project was built in 2019 and offers a secure, quiet, and affordable living environment with comprehensive community facilities.

Building Information

Tower Building 17 4 floors

Tower Building 21 4 floors

Tower Building 24 4 floors

Developer

Pacific Land Realty Development Corp.

offices

malls

residential

Units

Available units in Pacific Grande Residences Building 17

Location & Neighbourhood

Full AddressGun-Ob, Lapu-Lapu City, Cebu, Philippines
SubdivisionPacific Grande Residences
City / MunicipalityLapu-Lapu City
ProvinceCebu
Zip Code6015
Walkability Score
65

Nearby Places

Mactan Export Processing Zone 2 (MEPZ 2)
500m5-10 minutes
Lite Industrial Park (MEPZ 3)
1km10-15 minutes
Mactan-Cebu International Airport
10km15-20 minutes
SM City Cebu
9km20-25 minutes
Ayala Center Cebu
11km25-30 minutes
Mactan Doctors Hospital
2km5-10 minutes
Lapu-Lapu General Hospital
3km10-15 minutes

About the Neighbourhood

Gun-Ob is a centrally-located barangay in Lapu-Lapu City, strategically positioned near major industrial and commercial centers. The area benefits from excellent accessibility via three major roads, making it ideal for workers in the Mactan Export Processing Zone. The neighborhood is primarily residential with strong commercial presence, offering convenient access to shopping, dining, and business establishments. The area is known for its affordability and family-friendly environment.

Flood Risk Information

Lapu-Lapu City experiences moderate flood risk in certain areas during the typhoon season (June to November). The property's location in Gun-Ob has moderate elevation but is not in the highest-risk flood zones. Standard flood mitigation measures are in place.

Legal Documentation

Clear Title

Yes

Occupancy Permit

Yes

Zoning Information

Commercial/Residential mixed-use zone under BP 220 condominium classification. Property is located in the Mactan Export Processing Zone proximity area with strategic commercial development classification.

Available Documents

Survey Plan PDF Document

Title Document PDF Document

Occupancy Permit PDF Document

All documents are subject to verification. Please consult with your legal advisor before making any decisions.

Additional Information

Reason for SellingThe developer, Pacific Land Realty Development Corp., continues to offer units as part of the ongoing project development and market expansion strategy.
Pet PolicyPets are not allowed as per house rules
Renovation HistoryBuilding 17 was completed in 2019 with modern construction standards. Regular maintenance and minor improvements have been conducted since completion.
Storage SpacesLimited storage provided in units. Common storage areas available in basement for residents upon request.
Cultural HeritageThe Gun-Ob barangay has cultural significance as part of Lapu-Lapu City's historical industrial development.
Accessibility NotesCommon areas feature wide stairs and hallways for accessibility. Ground floor units are suitable for elderly or disabled occupants. Elevator access available in select buildings.

Market Insights

Comparative Listings

urb-deca-homes-hc

3km₱1,650,000.00

baseline-residences

5km₱2,400,000.00

Rental Potential

8.5% Expected annual rental yield

Historical Price Trends

Pacific Grande Residences has shown steady price appreciation since its 2019 launch. Initial pricing started at PHP 600,000 for socialized units and PHP 965,000 for economic units. Prices have remained relatively stable with annual appreciation of 3-5% based on market conditions and inflation.

Future Development Plans

The Mactan Export Processing Zone continues expansion, and Lite Industrial Park development is ongoing. Infrastructure improvements including road widening and utility enhancements are planned for the Gun-Ob area. These developments are expected to increase property values and rental demand in the Pacific Grande Residences area.

Reviews & Feedback
7.0 (3 reviews)

John D. August 15, 2024

Good location near MEPZ. Affordable and well-maintained. Quiet and safe environment.

Maria S. September 22, 2024

Value for money is excellent. Community amenities are well-organized. Great for first-time buyers.

Robert T. October 10, 2024

Comfortable living spaces. Good facilities and management. Convenient access to work areas.