Primary Homes Enjoys Surge in Royal Oceancrest Mactan Sales Despite Pandemic
Royal Oceancrest Mactan, the PrimaryHomes’s latest vertical development worth Php2B, is performing well above expectations with more than 60% sold at the height of the pandemic.
Surge in Demand
This increase in demand is bolstering the sales performance of homegrown developer PrimaryHomes Inc.
Despite the many challenges in the last couple of months, PHI saw a high take-up of units in its project Royal Oceancrest Mactan. This is clear proof that there is a strong demand these days for such types of properties.
“The lockdown last year greatly affected businesses. Surprisingly sales for condo units picked up despite the challenging times,” said PrimaryHomes VP for Sales and Marketing Ramero Espina.
Espina said many of their buyers are young professionals and starting families who are looking for affordable living space that they can move into right away. Also, many clients who are first-time buyers are looking for a more valuable purpose for their money.
Royal Oceancrest Mactan
Royal Oceancrest Mactan offers Finished and Bare units with a floor area of 28sq m to 60sq m. Finished units are priced between P2.4M to P6.1M while Bare units are priced more or less 20% lower at P1.9M to P4.8M. Prices already include taxes and transfer charges.
The project is a four-tower development in Barangay Basak, Lapu-Lapu City, one of the fastest-growing cities in the country. Sitting on a 1.4-ha property along Sudtunggan Road, the project is made up of mid-rise buildings with a total of 952 residential and commercial units.
Features of Royal Oceancrest Mactan
The community is designed as a safe haven of wellness and leisure with 60% of the total development dedicated to free and open space. This gives residents the chance to relax, roam, and bask in the project’s ‘green’ features.
Among the other features are a swimming pool, a clubhouse, fitness gym, play areas, jogging paths, food gardens, grilling area, and commercial spaces.
The project is close to the Mactan International Airport, the CCLEX, export zones, and first-class resorts and hotels. It is also close to export and BPO companies. For this reason, the Royal Oceancrest Mactan is definitely a great address for working professionals. It is also great for those who want to do business in the city.
“With the billions worth of new developments, Lapu Lapu City is surely the perfect place to choose in Cebu,” Ramero Espina said.
Condos are easy to acquire. In fact, buyers can get a condo through easy-to-pay financing. “The younger generation now is becoming more literate with it comes to finances and money. So we are here to support them with our great financing options,” Espina added.
Owners of units may choose to lease out their property and have the rest of the mortgage paid with the proceeds from rent. This is the best time to invest in a condo. With PHI’s commitment to quality, the properties are always of high value.
PrimaryHomes has been the most trusted real estate brand in the Visayas for 30 years. As construction of Royal Oceancrest Mactan is at its full swing, the company is set to start turning over units early next year.
PrimaryHomes is excited to announce their other Royal Oceancrest properties in Cebu, Bohol, and Negros i the coming months.
For more details about this project, call 032-253-9979 or visit the official website www.primaryhomes.com. You may also visit the showroom daily from 9AM to 5PM.
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