Oceanfront Premier Residences

Brgy. Kemdeng (New Villa Fria), Paragua Coastown, San Vicente, Palawan, Philippines, San Vicente, Palawan

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Property Overview

Project Selling
Pre-Selling
Condominium
Condominium

Oceanfront Premier Residences is the first residential condominium in Paragua Coastown, San Vicente, Palawan. This landmark 10-story development features 189 smart home units ranging from studios with balconies (32 sqm) to two-bedroom premier suites (105.5 sqm). All units feature wireless smart home systems accessible via mobile app, allowing remote control of lighting and appliances. With a modern wave-inspired design that seamlessly integrates with the beachside environment, the project emphasizes eco-friendly living and sustainability. Located just 5 minutes from San Vicente Airport, the property offers stunning ocean and mountain views, making it ideal for investment and vacation rental potential through the Airbnb program.

Building Information

Tower Oceanfront Premier Tower 1 10 floors
Megaworld San Vicente Coast, Inc. logo
Developer

Megaworld San Vicente Coast, Inc.

residential
hotels
malls
others

Units

Available units in Oceanfront Premier Residences

Location & Neighbourhood

  • Full AddressBrgy. Kemdeng (New Villa Fria), Paragua Coastown, San Vicente, Palawan, Philippines
  • SubdivisionParagua Coastown
  • City / MunicipalitySan Vicente
  • ProvincePalawan
  • Zip Code5407
  • Walkability Score
    75

Nearby Places

  • San Vicente Airport
    2.5 km5 minutes
  • Puerto Princesa City
    120 km3 hours
  • El Nido
    80 km2 hours
  • San Vicente Beach (14.7 km white sand)
    AdjacentWalking distance
  • Paragua Coastown Cultural Center
    2 km10 minutes
About the Neighbourhood

Located in Paragua Coastown, the Philippines' first sustainable eco-tourism township. The area features 462 hectares of pristine natural environment with tree-lined streets, mangrove reserves, elevated forest walks, and green zones. The neighborhood is designed for active adult living with modern amenities combined with nature integration. Home to the longest white-sand beach in the Philippines (14.7 km) and within a Tourism Enterprise Zone offering tax incentives.

Flood Risk Information

Located in Tourism Enterprise Zone with coastal development regulations. Being a beachfront property, standard flood resilience and disaster preparedness measures are implemented per Philippine building codes.

Legal Documentation

Clear Title
Yes
Occupancy Permit
Yes

Zoning Information

Tourism Enterprise Zone (TEZ) - Residential Condominium Classification under PD 957. Subject to TIEZA regulations and Philippine Real Estate and Business Alliance guidelines

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 Selling Primary development project sale - new launch by Megaworld Corporation to expand residential offerings in Palawan's growing tourism destination
  • Pet Policy Pet policy to be determined - contact sales office for current guidelines
  • Renovation History New construction project - no prior renovation history
  • Storage Spaces Storage lockers available in basement level - size and availability to be confirmed with sales office
  • Cultural Heritage Located within a sustainable eco-tourism township designed with Filipino heritage and culture in mind. Paragua Coastown features a cultural center and marketplace inspired by Filipino traditions and Barcelona's La Boqueria market concept.
  • Accessibility Notes All units in Oceanfront Premier are designed to be PWD (Persons with Disabilities) friendly. The project features motion-sensor hallways, barrier-free public areas, accessible parking spaces, and dedicated elevators. This is the Philippines' first active-adult living community with universal accessibility design.

Market Insights

Comparative Listings

studio-comparable
Same project₱8,900,000.00
1br-comparable
Same project₱9,150,000.00
2br-comparable
Same project₱13,000,000.00
Rental Potential
12.5% Expected annual rental yield
Historical Price Trends

Oceanfront Premier Residences was launched in pre-selling phase in 2023 with starting prices at PHP 9,000,000 for studios. Prices have remained relatively stable with selective discounts for early buyers. The project has gained market recognition as the first residential condominium in Paragua Coastown, positioning it as a premium investment opportunity in the San Vicente tourism corridor.

Future Development Plans

Paragua Coastown is a 462-hectare, 15-year master-planned eco-tourism township by Megaworld. Future developments include top-tier hotels and resorts, cultural marketplace (patterned after Barcelona's La Boqueria), biophilic medical wellness center, green school, esplanade, chapel, nature reserves, and elevated forest walkways. The project is positioned to become a premier active-adult lifestyle destination and tourism hotspot in Palawan.

Reviews & Feedback
4.6 (4 reviews)

Property Investor - Manila avatar
Property Investor - Manila June 15, 2024

Excellent investment opportunity with strong rental potential through the Airbnb program. Strategic location near airport and long white-sand beach is a huge plus.

Expat Retiree - Palawan avatar
Expat Retiree - Palawan May 20, 2024

Perfect for active retirement living. The age-friendly amenities, 24/7 services, and community programs are exactly what I was looking for. Beautiful location.

Real Estate Agent avatar
Real Estate Agent July 10, 2024

Strong pre-selling performance. Units are selling well due to unique positioning as first residential condo in Paragua Coastown and exceptional amenities.

Beach Lifestyle Enthusiast avatar
Beach Lifestyle Enthusiast August 5, 2024

Smart home features and eco-friendly design set it apart. Minor concern about completion timeline but overall impressed with the development vision.