Property Overview
Corabes Tower is a five-storey mid-rise residential condominium with a low-density schematic designed by world-renowned architectural firm Palafox Associates. Located in Gemsville Subdivision, Lahug, Cebu City, it features spacious units with natural ventilation, balconies on all units, and eco-friendly technology including a sewage treatment facility and solar-powered lighting. The development offers a blend of residential comfort with modern amenities including an infinity pool, rooftop function room, and 24/7 security.
Building Information
Units
Available units in Corabes Tower I-Condominium
Location & Neighbourhood
- Full Address19 Diamond Street, Gemsville Subdivision, Lahug, Cebu City
- SubdivisionGemsville Subdivision
- City / MunicipalityCebu City
- ProvinceCebu
- Zip Code6000
- Walkability Score70
Nearby Places
- PAREF Springdale School3 minutes5 minutes
- Cebu IT Park2 km10 minutes
- Cebu Business Park1 km5 minutes
- Ayala Center Cebu2 km10 minutes
- Waterfront Cebu City Hotel & Casino1 km5 minutes
- Mactan International Airport25 km30 minutes
- University of the Philippines Cebu2 km10 minutes
- Grand Convention Center Cebu1 km5 minutes
About the Neighbourhood
Lahug is a progressive and fast-developing barangay in Cebu City with 443 hectares of land occupied by over 35,000 residents. The area is home to major business districts, industrial zones, educational institutions, and hospitality centers. It offers excellent access to commercial, retail, and entertainment facilities.
Flood Risk Information
Located in an established residential area with proper drainage systems; moderate flood risk during typhoon season
Legal Documentation
Zoning Information
RC - PD 957 (Residential Condominium under Presidential Decree 957)
Additional Information
- Renovation HistoryCompleted construction in 2016; maintained through professional property management services
- Storage SpacesAvailable via rental arrangement
- Cultural HeritageNamed after Atty. Cornelio Rana Besinga, a World War II veteran lawyer
- Accessibility NotesPWD-friendly design with accessible ramp at main entrance and elevator service throughout building
Market Insights
Rental Potential
Historical Price Trends
Property completed in 2016 with steady market interest in Lahug area; strategic location near IT Park and business districts has maintained strong investment potential
Future Development Plans
Lahug continues to experience urban development with expansion of commercial and business districts; proximity to Ayala Center and IT Park positions property well for future growth