Cebu Real Estate Picks

Best time to buy….

Too good to pass? Developers go all out with promos, discounts to clear condo stock Local property developers are slashing prices and offering aggressive incentives to move ready-for-occupancy (RFO) condominium units, driving a notable reduction in unsold inventory, according to Colliers Philippines.

Here are the updated estimated cost of construction for 2024. Costs may vary based on project details, size and location. Cost stated herewith are not supposed to be the final basis of the entire project’s cost, but they should be good to have a rough estimate and for budget preparation. Final costs should still be consulted with your designer or builder. Value engineering could also further lower costs.

Bare finish: from 20k to 23k
Standard Finish: from 30k to 32k
Luxury finishes: 40k to 44k
Iconic finish: 65k remains the same

E.g. A luxury finished home of 300 sqm could have a budget of 13.2Mn = 300 sqm x 44k/sqm

Prices exclude design fees, furniture and equipment.
References: Construction Materials Growth rates and In-house project surveys

Start your real estate journey this month with GLOBAL ONE.

YOU are free to join our Real Estate Beginners On-Site Orientation and Training (REBOOT) on April 27, 2024, SAT @ 10:00 AM at Global One Office.

QUALIFICATIONS:
📌 Completed a minimum of 72 college units.
📌 Committed to obtain a PRC Real Estate Salesperson’s License (we will guide you).
📌 Not currently employed or affiliated with another realty or developer.
📌 No convictions by final judgment from any court, military tribunal, or administrative body.

Please complete the Sales Application Form and email the completed form to [email protected] or contact Mona at 09088138523.

See you! 🙂

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