Grand Residences-Your resort, Your City, Your home

Grand Residences Cebu is a stylish and modern urban condominium village offering a secure and serene resort-feel residential community. It is an inner city living amidst a natural tropical environment.

This city-within-a-city concept offers studio, 1-bedroom and 2-bedroom units, surrounded by natural raised lawns, abundant sub-tropical landscaping, vine-draped terraces and generous open gardens with ample space for entertainment and family gatherings. The gardens can also be used as a meeting place to mingle with friends, a place to relax and reconnect with nature while the clubhouse and the pool can be a venue for family fun and entertainment.

Living at Grand Residences is an opportunity not to be missed.

Imagine your home that places you at the heart of bustling Cebu City, but feels like a weekend retreat in a 5-star resort. Your home that sits on a 3.2 hectare property that crosses all the way from Gov. M. Cuenco St., in Banilad to Roxas St. in Mabolo, making it conveniently close to major shopping malls, schools, universities, hospitals, restaurants, clubs, Cebu’s IT Park, Central Business District, and Cebu’s most prominent golf course.

A better place to live. With an address just off Ayala Access Road and on a block of Cebu’s residential area, Grand Residences will feature condominiums surrounded by lush private gardens and amenities that is unique to any condominium development in the city. Grand Residences is a prime location that will offer sanctuary to people with cosmopolitan lifestyle, yet having the urban convenience in city living.

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AMENITIES:

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Clubhouse ( 2 – 3 phases)
3 – airconditioned multi-purpose hall (combinable with bars)
2 – Multipurpose function hall /center
Poolside lounge with bar
Entertainment room

2 family rooms

3 KTV, chairs, sofar, video room with acoustic treatment on each room

Game room/sports bar

2 game rooms

3 rooms for billiards with acoustic treatment on each room

Kid’s play area – matted flooring with play equipment
Fitness Gym w/ equipment and water station
100% back-up power (light)

OUTDOOR:

(Area to be identified by Master Planner, details and enhancement by Landscaped Designer)

Kiddy Playground
Swimming Pool

Infinity pool and kiddy pool

Shower area

Themed garden

Interactive sculptural design

Park with benches, tables and BBQ stations

Jogging path with fitness stations
Ampitheatre

BUILDING FEATURES

Reception / Lobby area
2 Elevators per building (big enough to be service elevator / 15 pax capacity)
Service area at roof deck
Centralized provisions for individually metered water, electricity per floor
Balcony on selected 1BR and 2BR and Studio units (with provision of window type or split type ACU
Telephone and Cable TV outlets
Fire alarm and fire hose cabinets along corridors on each levels and fire exits
Heat and smoke detectors with sprinkler system
CCTV (Lobby, elevator and elevator lobby, hallways and exit/ entrance doors/entrance ramps
100% standby power
Centralized garbage room per floor per building
Building landscaping
2-level parking area

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PAYMENT SCHEME

Spot 95% with 7% discount, 5% balance upon turn over
100% deferred cash in 24 equal installments
30% Spot down payment with 2.5% discount, 70% balance upon turn over
20% Stretched in 24 months at 0% and 80% balance through bank financing
10% Deferred cash in 18 months and 10% lump sum on the 6th, 12th and 24th month, and 80% balance through bank financing

Notes:

Additional 12% VAT if applicable (P3,199,200 TCP and above)
Transfer tax and other charges estimated at 3% are not included in the price
Payment scheme and prices are subject to change without prior notice

ADDITIONAL INFORMATION written by the REAL ESTATE BROKER in Cebu

If there is one great distinction of this condo over other condos, it is the great amenities for wonderful living. It is a condo here in Cebu that will be turned into a resort inside the city. If you own a unit in this project, you will be a co-owner of a 3.2 hectares vast of land surrounded by lush of landscaped greenery, swimming pool, park and playground, and whole lot more. And the location? It’s great great great. It’s just the next block after Cebu Business Park/Ayala. It’s the boundary of Mabolo and Banilad, just very close to Cebu Country Club and also close to Gallery and close to SM Cebu. Here, you have the opportunity to own a studio unit for a price of P1,806,000 more or less and of course payable by installment for its equity. It also offers 1-bedroom units as well as 2-bedroom units. It can also accommodate requests for 2 or more adjacent units to be merged into one big unit.

The model units for viewing are now under construction which are now 80% finished. By next month, this can be open for viewing already. And you won’t be worried if this will be finished or not because the developer of Grand Residences is GAISANO, the owner of Gaisano grand mall in Mactan, Gaisano Grand Mall in mandaue and Gaisano Grand Mall in Talamban, They have a very good reputation here in Cebu. They have a name to protect so you can sleep well with your hard earned money.

Grand Residences will be up to 17th floor, which is just right, not too high, nor too low to avoid traffic congestion or discomfort in the use of the elevators. There will be 2 elevators and both are big enough to accommodate 15 persons with average size. Each floor has a density of 19 units. This is fact is better than the competing condominiums in IT park with a density of 23 units per floor.

We still have units facing the sea, facing the mountains and facing the city. It’s up for you to choose. The most common financing preferred by buyers is 20% down payable in 24 months no interest and the balance is payable through bank financing. This is just the right time because it is expected that in about 24 months from now, the building will have been completed already. It will be delivered to you as a finished unit ready for your appliances to be placed and your furnishings.

Grand Residences is actually the answer to the rising demand for high end condominiums with amenities equal to 5-star resort hotel and yet without the high costs that will go with it. The planners of this project has considered the factor of global crisis that even the wealthy people from abroad now shy away from high end properties due to the high costs that go with it. If you compare this to the condominiums in Ayala/Cebu Business Park, a 2-bedroom condo there with a minimum floor area of 98 square meters would average a price of P13,000,000 while the same 2-bedroom condo in Grand Residences offers P5,089,774.04 if unit is on the 6th floor for a 2-bedroom condo unit with a floor area of 54 square meters. Even though it’s smaller in floor area but the price per square meter is still much lesser. Condos in Cebu Business Park are now averaging at P132,000 per square meter while Grand Residences is averaging P93,000 per square meter. And yet, it’s amazing to point out a huge difference favorable to Grand Residences —————– IT’S A 32,000 SQUARE METERS PROPERTY, compared to over 1,000 to 2,000 square meters condominium property elsewhere. Imagine, you are a co-owner of a 3.2 hectares property by just investing for example in one studio unit worth 1.8 million? You will enjoy the luxurious lifestle, roaming around the landscaped gardens of this wide vast of land, the great wide swimming pool, the pool lounge bar, the ampitheatre, the entertainment room and game rooms for the family, clubhouse, function rooms, etc. etc. and all these at very little costs compared to other high end condominiums in Cebu City. What’s more, you live in a resort within a city. Just few minutes, you can reach Ayala Mall, or SM Mall, or Gaisano Country Mall, Banilad Trace Center, or Lahug, or Downtown Cebu, And when you want to travel to Mactan Airport, you just pass by Pope John Paul II avenue and you enjoy a very wide road for comfortable travel all the way to the airport. While others claim, they are the center of everything. Grand Residences is not only the center of everything but also the center of progress. Check the location closely and you can confirm that it’s the center of progress in all directions, to Banilad Country Mall, to IT Park, To SM Cebu and to Downtown/Uptown areas.

And what’s more, compared to condominium projects in SRP, Grand Residences stands on a natural solid ground not the fill in type of land in SRP that sits on a formerly vast of sea waters. Here in Grand Residences, you will not experience problems that are related to faulty filling up of land or you will not be bothered how long the reclaimed land will stand the test of time far into the future.

Actually, the best time to start investing in this condo project is as soon as possible because prices are offered very very low to attract buyers who are considered as investors. Very soon and anytime, prices will be made to increase sharply as the construction progresses. Aside from the very low start up price offer, you also have the privilege of choosing a unit with a very beautiful sea view. city view of mountain view and lastly, you have the advantage of paying the 20% equity over a period of 24 months no interest which will not be a privilege anymore when the condo project is halfway or approaching completion.

For those who have been wishing to own a home in Cebu Business Park but do not wish to spend the exessive costs, this is now your opportune time. The vast land of 3.2 hectares with all great amenities therein can even be superior which you will enjoy 2 years from now if you start now. Please contact us so as not to miss this golden opportunity.