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Property Overview

Project Selling

Ready for Occupancy / Ready for Use

Condominium

Residential Condo

Saekyung 956 is a modern condominium complex located in Looc, Lapu-Lapu City, Cebu. This fully finished studio condominium project offers affordable yet high-quality living with 956 residential units and 60 parking spaces. The development features a Korean standard construction built to resist seismic activity, with comprehensive amenities and strategic proximity to essential services including markets, schools, hospitals, and government offices. Units are fully finished with split-type air conditioning, kitchen cabinets with granite countertops, tiled floors, and bathroom fixtures. The property offers excellent value with views of the sea, city skyline, mountains, and greenery.

Building Information

Tower Building 1 20 floors

Tower Building 2 20 floors

Developer

Rubetan Development Corp.

others

Units

Available units in Saekyung 956-Bldg. 1

Location & Neighbourhood

Full AddressCaltex Road, Barangay Looc, Lapu-Lapu City, 6015 Cebu, Philippines
SubdivisionSaekyung 956
City / MunicipalityLapu-Lapu City
ProvinceCebu
Zip Code6015
Walkability Score
72

Nearby Places

Lapu-Lapu City District Hospital
900m5-10 minutes
Lapu-Lapu City Public Market
1.2km10-15 minutes
Marie Ernestine School
1.3km10 minutes
St. Alphonsus Catholic School
1.6km15 minutes
Mactan-Mandaue Bridge
3.1km20 minutes
Mactan Coral Golf Club
4.2km25 minutes
Mactan Doctors Hospital
4.7km25-30 minutes
Mactan Cebu International Airport
6.4km35-40 minutes
SM City Cebu
5.4 miles30-40 minutes

About the Neighbourhood

Saekyung 956 is strategically located in Looc, Lapu-Lapu City, on the west coast of Mactan Island. The area is rapidly developing with excellent proximity to essential services, recreational facilities, and government centers. The location offers a blend of convenience and tranquility with fresh sea breezes and lush greenery. Close to public markets, schools, hospitals, and a short drive to the City Government Center. The area is known for its accessible coastal location and vibrant community atmosphere.

Flood Risk Information

Located in a coastal area with relatively low flood risk due to proper elevation and drainage systems implemented in the development.

Legal Documentation

Clear Title

Yes

Occupancy Permit

Yes

Zoning Information

Residential condominium zoning, compliant with DHSUD and local regulations

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 SellingDeveloper offering units for investment and primary residence purposes
Pet PolicyPet policy subject to HOA regulations (to be confirmed with management)
Renovation HistoryUnits delivered fully finished with no renovations required
Storage SpacesLimited storage in unit; common areas have designated storage zones
Cultural HeritageLocated near cultural and historical sites in Lapu-Lapu City
Accessibility NotesWheelchair accessible common areas; elevators and ramps available

Market Insights

Comparative Listings

amani-grand-resort-residences

2km₱2,000,000.00

mactan-plains-residences

3km₱1,800,000.00

brentwood-condominium

1.5km₱1,950,000.00

Rental Potential

8.5% Expected annual rental yield

Historical Price Trends

Saekyung 956 prices have remained stable with gradual appreciation. Starting from PHP 1,530,000 to 1,700,000 for studio units, the property offers affordable entry into the Lapu-Lapu condominium market. Real estate values in the area continue to appreciate, making this an attractive investment opportunity.

Future Development Plans

Lapu-Lapu City is experiencing rapid development with improved infrastructure, increased accessibility via the Mactan-Mandaue Bridge expansion, and growing commercial centers. The area is attracting more businesses, tourism, and residential developments, enhancing property values and rental potential for the Saekyung 956 location.

Reviews & Feedback
4.2 (4 reviews)

Maria Santos August 15, 2024

Great value for money. The unit is well-finished and the location is very convenient for work and shopping.

Juan Dela Cruz July 22, 2024

Excellent amenities and 24-hour security. Very satisfied with my investment here.

Rosa Villanueva September 10, 2024

Good location near market and school. The sea view is amazing from higher floors.

Pedro Garcia June 30, 2024

Affordable condo with complete amenities. Highly recommended for first-time buyers.