Property Description
Saekyung Ocean Residences – Affordable Mactan Condominium
Suba-basbas, Lapu-Lapu City, Cebu
Saekyung Ocean Residences offers an unparalleled blend of modern living and coastal charm, strategically located in Suba-basbas, Lapu-Lapu City, Cebu. With 1,722 thoughtfully designed units across two 16-storey towers, this development sets a new standard in affordable luxury.
Saekyung Development Corp. combines decades of experience with cutting-edge engineering to provide high-quality homes without compromising affordability. Experience a lifestyle surrounded by convenience, natural beauty, and an enriching community environment.
Saekyung Ocean Residences presents affordable yet elegant living, with unbeatable value and strategic location in Cebu’s dynamic Suba-basbas district. Live by the ocean with modern amenities and sustainable design.
Unmatched Location: A Gateway to Convenience and Coastal Living
Saekyung Ocean Residences enjoys a prime location in Subabasbas, Lapu-Lapu City, Cebu, offering easy access to key amenities and attractions:
- Mactan Newtown: A high-end business and residential hub with office towers and luxury establishments
- Shangri-La’s Mactan Resort: A world-class beachfront resort offering leisure and dining
- Cebu-Cordova Link Expressway (CCLEX): A major infrastructure project enhancing connectivity between Cebu City and Mactan Island, making travel faster and more convenient
- Mactan Doctors’ Hospital: Leading healthcare facility ensuring convenience for residents
- Mactan Cebu International Airport: Providing seamless travel connections

Why Choose Saekyung Ocean Residences?
Saekyung Ocean Residences is a standout choice for many reasons, offering the best in affordability, quality, and location:
- Affordable Elegance
- Prime Location
- Premium Amenities
- Proven Developer
- Modern Design
- Sustainability
- Investment Potential
- Safety and Security
Construction Update 2025:
Saekyung Ocean Residences “Affordable Elegance for Everyday Living”
Find Your Ideal Home: Unit Types for Every Lifestyle
Saekyung Ocean Residences offers three unique unit types designed to accommodate various lifestyles and preferences:
- Studio Unit – 28.98 sqm
- 1-Bedroom Unit – 58.56 sqm
- 3-Bedroom Unit – 92.50 sqm
Unit Features:
- Kitchen Cabinets with Countertop
- Smooth Wall Finish
- Finished Painted Interior Wall
- Complete Electrical Switches and Convenient Outlet
- LVT Tiled floors, Tiled Toilet and Bath with Fixtures
- Cable and Internet-Ready
- Balcony In All Units
- Individual Meter for Electric & Water
Expected Completion Date Tower 1 & 2: July 2026
AVAILABILITY 2025:
- TYPE A STUDIO UNIT (28.98 sqm)
Price range: Php 2.8 – 3M
Reservation: Php 20,000 - 12 months Deferred Cash Option:
- Payable in 12 months: Php 2,780,000
- Monthly Payment: Php 231,666.67
- 24 months Installment Option:
- 1st year, 50% of TSP: Php 1,390,000
- Monthly payment: Php 115,833.33
- 2nd year, 50% of TSP: Php 1,501,200
- Monthly payment: Php 125,100
- Spot Cash Option, 5% Discount:
- Payable: Php 2,660,000
- Pag-Ibig Financing Option:
- Equity Option 1: Php 14,444.44/18 months
- Equity Option 2: Php 10,833.33/12 months
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- Php 21,666.677/6 months
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- Equity Option 3: Php 7,222.22/18 months
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- Php 130,000 after Loan Take Out
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- Estimated Monthly Amortization (20% Equity):
5 years: Php 44,467.05
10 years: Php 26,051.44
15 years: Php 20,106.97
20 years: Php 17,273.49
25 years: Php 15,677.29
30 years: Php 14,693.77
- TYPE B 1-BEDROOM UNIT (58.56 sqm)
Price range: Php 5.62 – 5.97M
Reservation: Php 30,000 - 12 months Deferred Cash Option:
- Payable in 12 months: Php 6,264,400
- Monthly Payment: Php 522,033.33
- 24 months Installment Option:
- 1st year, 50% of TSP: Php 2,795,000
- Monthly payment: Php 232,916.67
- 2nd year, 50% of TSP: Php 3,018,600
- Monthly payment: Php 251,550
- Spot Cash Option, 5% Discount:
- Payable: Php 5,339,000
- Pag-Ibig Financing Option:
- Equity Option 1: Php 33,302.22/18 months
- Equity Option 2: Php 25,000/1-12 months
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- Php 49,906.67/13-18 months
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- Estimated Monthly Amortization (20% Equity):
- 10 years: Php 58,563.67
- 15 years: Php 45,200.50
- 20 years: Php 38,830.84
- 25 years: Php 35,242.58
- 30 years: Php 33,029.36
- TYPE C 3-BEDROOM UNIT (92.50 sqm)
- Price range: Php 8.78 – 9.35M
- Reservation: Php 50,000
- 12 months Deferred Cash Option:
- Payable in 12 months: Php 9,783,600
- Monthly Payment: Php 815,300
- 24 months Installment Option:
- 1st year, 50% of TSP: Php 4,365,000
- Monthly payment: Php 363,750
- 2nd year, 50% of TSP: Php 4,714,200
- Monthly payment: Php 392,850
- Spot Cash Option, 5% Discount:
- Payable: Php 8,341,000
- Pag-Ibig Financing Option:
- Equity Option 1: Php 210,000/18 months
- Equity Option 2: Php 20,000/1-12 months
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- Php 230,600/13-18 months
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- Equity Option 3: Php 51,853.33/18 months
- Equity Option 4: Php 40,000/1-12 months
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- Php 75,560/13-18 months
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To Reserve:
- 2 Valid IDs
- if married (2 valid IDs of the spouse)
- authorization if buyer is not around during reservation
- Reservation Fee: 20K (Valid for 1 month)
Experience what sets Saekyung Ocean Residences apart
Modern Architecture
Designed with both style and function in mind, Saekyung Ocean Residences boasts a sleek, contemporary aesthetic. Its thoughtful layout maximizes space and natural light, blending harmoniously with the surrounding coastal scenery.
Strategic Location
Nestled in Subabasbas, Lapu-Lapu City, this property is ideally located with easy access to vital city hubs and serene beachfront areas, providing a perfect balance of work and relaxation.
Quality Construction
Saekyung Development Corp. employs cutting-edge engineering to ensure durability and efficiency. With over 20,000 homes built in Korea, they bring the same high standards to the Philippines, ensuring long-lasting quality and affordability.
Building Features:
- 4-5 Passenger Elevators
- 3 Fire Exit Staircases
- 24-hour Security
- Fire Protection and Automatic Sprinkler System
- Back-up Power Supply (Common Areas)
- Fire Alarm
- Cistern Tank
- STP
Exclusive Amenities for an Enhanced Living Experience
Saekyung Ocean Residences offers a range of premium amenities designed to enhance your lifestyle, from secure 24/7 access to recreational spaces:
- Swimming Pool
- Basketball Court
- Barbecue Park
- Clubhouse
- Deck Space
- Playground
- Commercial Building
Additional Features for a Seamless Living Experience
Key features include:
- Fire Safety Systems: Including fire alarms, sprinklers, and evacuation routes for maximum safety.
- Elevators: Four to five high-speed elevators to accommodate all residents with ease.
- Cistern Tank & STP: Sustainable water management systems for resource conservation.
Seize Your Opportunity
Take the next step toward securing your dream home.
With affordable pricing, premium amenities, and a strategic location, Saekyung Ocean Residences is the perfect choice for your next home or investment. Contact us today to schedule a viewing or learn more about available units.
For inquiries, site visit, reservation, project assistance, please call or message:
Betty Marquez
Property Specialist
Phone: +63 942-297-6007
Landline: 239-4078
ABLC Realty
DHSUD No. CVRFO-B-12/18-0490 valid until Dec 2025
Under: Lilibeth S Marquez, Real Estate Broker
PRC Lic No. 0020487
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