Saekyung Ocean Residences

Affordable Condominium Living in Lapu-Lapu City, Cebu

Saekyung Ocean Residences is a master-planned condominium development located in Subabasbas, Lapu-Lapu City, Cebu. Developed by Saekyung Development Corp., this project offers affordable yet high-quality homes designed for modern living.

Set on approximately 4.5 hectares, the development features residential towers, commercial spaces, and complete lifestyle amenities.

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Project Overview

Project Name: Saekyung Ocean Residences
Location: Subabasbas, Lapu-Lapu City, Cebu
Developer: Saekyung Development Corp.
Development: 16-storey residential towers (Towers 1–4)
Total Units: 3,172 units

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Unit Types

Studio Unit
Floor Area: 28.98 sqm
Price starts at: ₱2.8M
Reservation Fee: ₱20,000

1-Bedroom Unit
Floor Area: 58.56 sqm
Price starts at: ₱6.29M – ₱6.60M
Reservation Fee: ₱30,000

3-Bedroom Unit
Floor Area: 92.50 sqm
Price starts at: ₱9.83M – ₱10.3M+
Reservation Fee: ₱50,000

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Unit Features

• Kitchen cabinets with countertop
• Smooth wall finish
• Painted interior walls
• Complete electrical switches and outlets
• LVT tiled flooring
• Tiled toilet and bath with fixtures
• Cable and internet ready
• Balcony in all units
• Individual electric and water meter

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Inclusions

• Kitchen cabinet
• Range hood
• Refrigerator
• Washing machine
• Air conditioning unit
• Shoe cabinet

Fees already covered:
• Move-in fee
• Transfer taxes
• Water connection

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Amenities

• Swimming pools
• Clubhouse
• Basketball court
• Barbecue park
• Playground
• Deck areas
• Commercial spaces

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Building Features

• 4–5 passenger elevators
• 24-hour security
• Fire alarm and sprinkler system
• Fire exits
• Backup power (common areas)
• Cistern tank
• Sewage treatment plant

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Utilities

Electricity: MECO
Water: MCWD

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Payment Options

• Pag-IBIG Financing
• Bank Financing (BPI)
• Installment / Deferred Cash
• Spot Cash

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Important Notes

• Reservation is non-refundable and valid for 30 days
• 3% penalty for late payments
• ₱10,000 condo membership fee upon move-in
• Condo dues and parking fees are to be announced
• Pets allowed (subject to policy)

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Target Completion

December 2026

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Why Choose Saekyung Ocean Residences

• Affordable condo near Mactan area
• Ready with appliances upon turnover
• Ideal for rental, Airbnb, or personal use
• Multiple unit sizes for different budgets
• Strong developer with proven track record