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Freeman Cebu Business

Major Players Outline Ambitious Plans for 2025

Ehda M. Dagooc - The Freeman

CEBU, Philippines — Primary Homes Inc. has unveiled an ambitious roadmap of projects for 2025, including mixed-use township developments in Cebu, vacation rental properties in Mactan and Panglao Islands, and house-and-lot projects in western Cebu, Bohol, and Negros.

To realize these plans, the company has allocated P10 billion in capital expenditures over the next three years, demonstrating its commitment to elevating the region’s real estate landscape.

Worldwide Central Properties Inc. (WCPI) is also preparing for aggressive expansion. WCPI President Ann Leslie Ngo noted that mixed-use properties in Metro Cebu remain in high demand, supported by favorable market conditions such as declining interest rates and a recovering economy.

“With these factors in play, we foresee a vibrant real estate market in 2025. Cebu’s strategic advantages and economic dynamism continue to make it a prime location for real estate investment and development,” Ngo remarked.

One of Worldwide Central’s flagship projects for 2025 is Vitale Suites, a 233-unit medium-density residential development in partnership with The Ascott Limited. Located on F. Cabahug Street in Mandaue City, the project focuses on health, wellness, and inclusivity, aiming to redefine urban living.

Manigsaca shared that AppleOne is set to forge stronger alliances with internationally renowned hotel brands in 2025.

“By bringing globally acclaimed luxury developments to the VisMin region, the company seeks to enhance the area’s appeal as a prime destination for tourism and leisure, setting new benchmarks in hospitality excellence,” Manigsaca said.

AppleOne is also poised to redefine luxury living with the launch of JW Marriott Residences Panglao Island in Bohol. This landmark project promises sophistication and comfort, catering to discerning homeowners seeking a haven in paradise.

Further strengthening its regional presence, AppleOne will introduce the Radisson Blu Hotel and Residences in Cagayan de Oro’s bustling uptown district. This expansion underscores the company’s commitment to elevating urban lifestyles by offering high-caliber residential options in emerging cities.

Sustained Growth and Demand Expected

Anthony Leuterio, founder of Filipino Homes, predicts a strong year for Cebu’s property market, citing a persistent supply-demand imbalance.

“The primary market within the city remains tight, with new developments selling out quickly, keeping upward pressure on property prices,” Leuterio said.

Leuterio urged developers to prioritize sustainable and affordable housing options to meet rising demand from local and international buyers. Infrastructure advancements, including the Bus Rapid Transit system, are expected to enhance connectivity, further driving demand for residential properties in Cebu’s urban and tourist areas.

With these strategic developments and favorable market conditions, Cebu’s real estate sector is well-positioned for a dynamic and lucrative 2025.

PROJECT

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