Cebu’s real estate landscape is set for remarkable growth beyond 2024, according to Colliers Philippines. During a recent property market briefing at City di Mare, South Road Properties (SRP), Cebu, the firm highlighted the city’s potential as a key driver of economic growth. Cebu City continues to position itself as one of the country’s most dynamic urban centers, with SRP at the forefront of this transformation. Spanning 300 hectares, SRP is set to become a new epicenter for business and lifestyle, blending commercial, residential, and recreational developments into the city’s vibrant fabric.
“We see Cebu reflecting the property rebound being seen across the country. Across all property segments–office, residential, retail, leisure, and even industrial–Colliers is projecting tremendous potential for growth beyond 2024,” said Joey Roi Bondoc, Head and Director of Research at Colliers, as he shared insights on Cebu City’s dynamic and exciting real estate scene.
City di Mare: A game-changer in Cebu’s real estate
At the heart of SRP’s transformation is City di Mare (CDM), a 58-hectare mixed-use development that stands as the largest within SRP. CDM promises a sustainable, eco-friendly live-work-play lifestyle, offering a unique opportunity for investors to take part in SRP’s evolution. Its strategic location ensures accessibility to key transport hubs, including the Cebu-Cordova Link Expressway (CCLEX), Mactan-Cebu International Airport, and the city’s international port. Additionally, a pedestrian bridge, soon to be constructed, will connect CDM directly to IL Corso Mall, further enhancing mobility within the area.
Prime commercial opportunities
CDM presents prime investment opportunities through its commercial lots in the Coastal Block and Greenway Block. The Coastal Block features five oceanfront lots, offering expansive sea and mountain views. With ample space and a higher allowable floor area ratio, these lots provide flexibility for creative designs, making them ideal for large-scale developments.
Meanwhile, the Greenway Block is designed to complement its surroundings, offering access to a 1.3-hectare Linear Park with lush gardens and adaptable spaces. This park not only encourages community interaction but also positions businesses in an environment that promotes well-being and success.
As the demand for commercial spaces grows with the area’s development, CDM’s properties offer a rare investment opportunity. From retail and hospitality to corporate offices, the need for diverse commercial spaces is expected to rise, making CDM a smart and strategic choice for forward-thinking investors.
Thriving commercial landscape
The thriving commercial landscape at CDM is further bolstered by the presence of prominent establishments, including Jollibee, Chowking, Bo’s Coffee, Caltex, The Future Golf Driving Range, and TRG Football Academy. These additions strengthen SRP’s reputation as a prime destination for business and recreation.
“What really stands out is the potential to shape the future of Cebu’s business landscape,” stated Don Ubaldo, First Vice President for Filinvest Townships. “These lots present investors with a unique opportunity to build something significant—whether it’s a headquarters, a thriving commercial hub, or an innovative development. It’s about creating spaces that are not just functional but also truly impactful for the community and the local economy.”
For more information about City di Mare, visit the official Facebook page at City di Mare or email [email protected].
