Cebu’s thriving luxury property market
The thriving City of Cebu stands out as one of the most attractive property investment destinations outside Metro Manila.
With its robust economy, ongoing infrastructure buildup, and strategic location in Visayas, the Queen City of the South continues to be a key player in Philippine real estate, with national developers flocking here to tap its growth potential. Over the past years, the city’s luxury residential market, in particular, has increasingly drawn the interest of both local and international investors as well as discerning homebuyers—and for good reason.
Expanding luxury property market
According to a March 2024 report by Colliers Philippines, Cebu remains one of the most attractive and largest residential hubs outside Metro Manila, with its market for upscale and luxury residential developments likely to expand.
This growing demand, Colliers explained, is likely to be driven by local and overseas-based Cebuano investors seeking investment prospects that can also serve as viable hedges against inflation. At the same time, these investors are also keen to capitalize on the city’s strong potential for value appreciation and rental yields.
With land values rising steadily, Cebu’s residential sector, particularly its upscale and luxury segments, is no doubt poised for growth, making it a prime opportunity for savvy investors.
A game-changer in Cebu’s luxury market
One development that perfectly encapsulates the promise of Cebu’s luxury market is Shang Bauhinia Residences, a 52-story architectural masterpiece by Shang Properties Inc.
This up and coming residential development is poised to introduce a new standard of living to Cebu City, combining world-class architecture and design, expansive and unique amenities, as and its distinct dual-residence concept to cater to the city’s discerning residents.
After all, Shang Bauhinia Residences is not just another luxury development—it’s a statement of refined living.
As the first luxury project of Shang Properties in Cebu, Shang Bauhinia Residences brings together international sophistication and local artistry in a unique fusion. Collaborating with esteemed firms like P&T Group, CASAS + Architects Inc., and FM Architettura, Shang Bauhinia Residences promises the highest standards of luxury while celebrating Cebuano craftsmanship through the use of traditional materials and artful details. The property also offers sweeping views of Cebu, placing residents at the heart of a vibrant city yet still within an exclusive, serene setting.
Versatile spaces
What distinguishes Shang Bauhinia Residences is its dual-residence concept. This residential marvel presents two distinct living experiences—one for those seeking intimate, modern spaces, and another for those desiring the more spacious and highly exclusive units with private access to a signature amenity lounge.
This versatility caters to the diverse preferences of Cebu’s affluent market, allowing residents to choose between a bustling urban lifestyle or a more serene, private living experience.
The expansive amenities at Shang Bauhinia Residences further enhance its appeal. Spanning 3,800 sqm, the amenity level includes world-class fitness centers, wellness facilities, co-working spaces, lush gardens, a tropical pool, and private dining rooms. For those residing in the Shang Bauhinia Signature units, exclusive features like a stunning sky pool, infinity pool deck, and private lounges offer an elevated lifestyle.
Why invest in Cebu now
There is no doubt that the market for luxury developments in Cebu is growing, making now the ideal time to invest.
Colliers Philippines, in fact, projects that Cebu’s condominium prices will grow by 5 percent yearly from 2024 to 2028, driven by the increasing demand for upscale and luxury developments. Last year, these segments accounted for about 30 percent of total condominium launches in Cebu, up from only 8 percent in 2022. Prices in the secondary market are similarly seen to rise, as investors continue to bank on the strong appreciation potential of high-end and luxury projects.
Developers like Shang Properties are now leading this growth, with exceptional projects like Shang Bauhinia Residences all set to offer refined living experiences and the promise of a sound investment.
For those in pursuit of luxury, exclusivity, and exceptional value, investing in Shang Bauhinia Residences indeed presents a fresh chance to claim a stake in Cebu’s thriving luxury market. It’s an investment you wouldn’t want to miss.
