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1016 RESIDENCES @ Cebu Business Park, Cebu

A pic of Condo Unit For Sale in 1016 Residences Cebu Business Park, Cebu City, in the Philippines

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Location 1016 Residences Cebu Business Park, Cebu City
Offering Development (with a variety of units to choosen from)
Property Type Condo Unit
Transaction For Sale
Asking Price P 12,782,000 ~ P 31,836,000
Floor Area 98 m² ~ 229 m²


P 12,782,000
P 31,836,000


Location: Cebu Business Park, Cebu City

1016 Residences is a high-end residential condominium project co-developed by Ayala Land Premiere and Cebu Holdings Inc. Carrying the Ayala Land Premiere brand, the development promises to deliver an exclusive and distinct living experience.

1016 Residences is located centrally at Cebu Business Park. It is a short walk from the city’s premier retail and entertainment hub, the Ayala Center Cebu, and is directly connected to the exclusive City Sports Club Cebu – giving the residents and endless array of facilities and amenities for shopping, recreation, dining and business.

It’s convenient location is balanced with space and luxury through carefully designed spaces which take advantage of scenic views of the sea and the mountains and open up opportunities for private spaces even on the upper floors.

The 1016 Residences shall only have 109 residential units, all which are prime corner units. A 27-storey Bldg, of which 23 floors are for residential use and there are only 6 units per typical floor.

1016 Residences shall stand on approximately 2,400 sqm parcel of land in Cebu Business Park, 900 sqm of which shall be used as the buildings footprint and shall be efficiently used for landscaped parks and private gardens.

Amenities and Facilities of 1016 Residences
* Landscaped Gardens
* Kiddie Play Area
* Lobby Lounge
* Roof Deck
* City Sports Club Cebu usage rights (pool,sports, function rooms,sauna/spa, gym, dining & restaurants, business center, etc)

Building features of Ayala Land’s 1016 Residences
Efficiency Features
* Maximized natural ventilation for common areas
* Inverter-type Air Conditioning System

Convenience and Services
* Three (3) Elevators, 2 passenger lifts and 1 service elevator
* Elegantly-designed ground floor lobby
* Mail room
* Administrative office
* Centralized sanitary disposal system
* Direct access to City Sports Club Cebu

Safety and Security
* Fire Detection and Alarm System
* 24-hour security and building maintenance
* Basement proximity card access
* 100% Back-up Power

Units Specifications:
1) 2-bedrooms is sized in the range of 98 sqm-
-101sqm, with 1 appurtenant parking slot.
-2 toilet & bath, maid's room w/ t&b, dining &
kitchen, living area & balcony.

* The larger 2 bedrooms at the side of the building is
101sqm exclusive of balcony size at 3-5sqm. It’
s available for the 2nd to 20th floors. Some features: a king-sized bed can be accommodated in the Master’s Bedroom; a True or Juliet balcony alternates in every floor.

* The typical 2 bedroom is at 98sqm exclusive of
balcony. It’s located on the 3rd to the 20th floor. Balconies alternate between floors.

2) 3-bedrooms are sized at 131sqm with 2 appurtenant parking slots.
It is located at the 3rd to the 20th floors.
-2 toilet & bath, maid's room w/ t&b, living area, dining & kitchen,

Special Units of 1016 Residences
The special 3-bedrooms are sized at 184sqm-229sqm, with 2 appurtenant parking slots.

There are 2 special garden units. One of which will be a bi-level unit with 187sqm of liveable space, it also features an exclusive garden for the owner’s use. The other one shall have a private patio overlooking the landscaped garden.

There are 2 special 3 bedroom flats with a large private terrace, perfect for functions and parties. The living area is 184sqm while one unit’s terrace is at an indulgent 87sqm while the other shall be 31sqm.

There are two 3 bedroom bi-level units, two of which will have a roof deck. The livable area is a large 195sqm to 197sqm of space. These units shall be located in the 21st, 22nd and 24th. The Master’s toilet and bath shall
feature a double lavatory.

There are 2 special 3-bedroom flats with gourmet kitchen, and there is one unit with its private roof deck pool at 6×4 meters in size.
Unit Offerings of 1016 Residences Cebu
1) 2 Bedrooms (66 Units) 98-101 sqm
-Free 1 parking
2) 3 Bedroom ( 32 Units) 131 sqm
-Free 2 parking
3) 3 Bedrooms Special (11 Units) 184-229 sqm
-Free 2 parking

What are the Unit Features of 1016 Residences?
* European grade kitchen with range hood
* Kohler and Grohe bathroom fittings and fixtures
* Air Conditioning units for bedrooms and living and dining areas
* Provision for water heaters for bathrooms and kitchen
* Individual metering for water and electricity
* Maximized natural ventilation
* Audio guest anunciator system
* CATV for all bedrooms and living rooms
* Provision for 2 Telephone lines per unit
* Telephone outlets in all bedrooms and living/dining areas
* Duress button incorporated with the guest anunciator system

• -FOYER --Engineered wood planks,
• Painted Wall
• -Painted Gypsum Ceiling
• -Painted Wall
• -LIVING & DINING AREA --Engineered wood planks, Air-con Unit
• -POWDER ROOM--Homogenous Tiles
• -BALCONY--Ceramic Tiles
• -MASTER'S BEDROOM --Engineered wood planks, Air-con Unit
• -MASTER'S TOILET & BATH--Homogenous Tiles floors & walls
• -SECONDARY BEDROOMS--Engineered wood planks, Air-con Unit
• -SECONDARY COMMON T&B--Homogenous Tiles,Homogenous Tiles
o for shower area only.
• -KITCHEN, --Homogenous Tiles, Range Hood
• -UTILITY AREA, MAID'S ROOM, T&B--Ceramic Tiles
• -Natural Stone Countertops for all Kitchen
• -Stone Bathroom Countertops
Every residential unit comes with Cebu City Sport Complex shares

1A Park Suite--187 sqm 42 sqm--P29,457,000
1B Park Suite--187 sqm 42 sqm--P31,836,000

• 2C 2 BR --101 sqm 0 --P13,525,000
2F 2 BR --101 sqm 0 --P10,470,000

• 3B 2 BR --98 sqm 5 sqm --P12,782,000
3C 2 BR --101 sqm 9 sqm --P13,880,000
3D 3 BR --131 sqm 12 sqm--P18,014,000
3E 3 BR -- 131 sqm 8 sqm --P15,181,000

• 5A 2 BR -- 98 sqm 0 --P10,090,000
5B 2 BR -- 98 sqm 0 --P12,579,000
5C 2 BR -- 101 sqm 0 --P13,669,000
5D 3 BR -- 131 sqm 12 sqm --P18,109,000
5E 3 BR -- 131 sqm 8 sqm --P15,259,000

• 6B 2 BR -- 98 sqm 5 sqm --P12,917,000
6C 2 BR -- 101 sqm 9 sqm--P14,027,000
6D 3 BR -- 131 sqm 12 sqm --P18,205,000
6F 2 BR -- 101 sqm 9 sqm --P10,916,000
• 7A 2 BR -- 98 sqm 0 --P10,191,000
7B 2 BR -- 98 sqm 0 --P12,711,000
7C 2 BR -- 101 sqm 0 --P13,814,000
7F 2 BR -- 101 sqm 0 --P10,684,000

• 8B 2 BR -- 98 sqm 5 sqm --P14,878,000
8C 2 BR -- 101 sqm 9 sqm --P15,541,000
8D 3 BR -- 131 sqm 12 sqm--P19,757,000

• 9B 2 BR -- 98 sqm 0 --P14,681,000
9C 2 BR -- 101 sqm 0 --P15,333,000
9D 3 BR -- 131 sqm 12 sqm --P19,862,000
9F 2 BR -- 101 sqm 0 --P12,377,000

• 10A 2 BR -- 98 sqm 5 sqm--P12,164,000
10C 2 BR -- 101 sqm 9 sqm--P15,708,000
10D 3 BR -- 131 sqm 12 sqm--P19,969,000
10E 3 BR -- 131 sqm 8 sqm --P17,032,000
10F 2 BR -- 101 sqm 9 sqm --P12,734,000

• 11C 2 BR -- 101 sqm 0 --P15,498,000
11D 3 BR -- 131 sqm 12 sqm--P20,075,000
11E 3 BR -- 131 sqm 8 sqm --P17,121,000
11F 2 BR -- 101 sqm 0 --P12,506,000

• 12D 3 BR -- 131 sqm 12 sqm--P20,183,000
12E 3 BR -- 131 sqm 8 sqm --P17,211,000
12F 2 BR -- 101 sqm 9 sqm --P12,868,000

• 14A 2 BR -- 98 sqm 0 --P12,072,000
14B 2 BR -- 98 sqm 0 --P14,997,000
14C 2 BR -- 101 sqm 0 --P15,665,000
14D 3 BR -- 131 sqm 12 sqm --P20,291,000
14E 3 BR -- 131 sqm 8 sqm --P17,301,000
14F 2 BR -- 101 sqm 9 sqm --P12,637,000

• 15B 2 BR -- 98 sqm 5 sqm --P15,362,000
15C 2 BR -- 101 sqm 9 sqm --P16,050,000
15E 3 BR -- 131 sqm 8 sqm --P17,392,000

• 16A 2 BR -- 98 sqm 0 --P12,197,000
16B 2 BR -- 98 sqm 0 --P15,158,000
16C 2 BR -- 101 sqm 0 --P15,834,000
16E 3 BR -- 131 sqm 12 sqm--P17,484,000

• 17B 2 BR -- 98 sqm 5 sqm --P15,527,000
17D 3 BR -- 131 sqm 8 sqm --P20,426,000

• 18A 2 BR -- 98 sqm 0 --P12,325,000
18C 2 BR -- 101 sqm 0 --P16,005,000

• 19B 2 BR -- 98 sqm 5 sqm --P15,695,000

• 20E 3 BR -- 131 sqm 8 sqm --P18,052,000

21D Terrace Suite -- 184 sqm 18 sqm--P32,747,000
21F Cityscape Suite 195 sqm 9 sqm --P25,453,000

22B Horizon Suite -- 196 sqm 10 sqm --P32,404,000

• 23B Horizon Suite -- 196 sqm 10 sqm --P33,118,000

• 24F Cityscape Suite 220 sqm 18 sqm -P33,130,000

1) CASH with 8% discount.
2) TERMS: 20%, 30%, 50% downpayment, 80%, 70% & 50% balance payable until turnover of units.
3) 15% downpayment, 15% spread in 18 months, 70% thru bank financing.

1. What lifestyle can a future 1016 Residences resident
look forward to?
-It is characterized by luxury and convenience with generously spaced units and common areas and a wide array of business, retail and recreational amenities given the project’s proximity to Ayala Center Cebu, Marriot and the City Sports Club Cebu.

2. What establishments and landmarks are near 1016 Residence
-Ayala Center Cebu
-Cebu City Marriot Hotel
-City Sports Club Cebu
-Educational Institutions
-University of Southern Philippines
-University of the Philippines
- San Carlos Seminar
-Asiatown IT Parks
-Department Stores and Groceries
-Rustan’s Fresh
-Metro Gaisano
-Museums/Performance Arts/Art Galleries
-Grand Convention Center
-Waterfront Hotel in Lahug
-Carmelites Monastery
-St. Joseph Church
- Redemptorist Church
-Lexmark Plaza
-Cebu Holdings Center
-Keppel Center
-WTC Tower
-Insular Tower
-Pioneer Building
-Fitness Clubs and Spa, The Spa at Cebu
-Fitness First, Holiday Gym and Spa
Dining Experiences
-The Terraces, Ayala Center Cebu
-Cebu City Marriott Hotel
Medical Institutions
- Chong Hua Hospital
-Cebu Doctors University & Hospital
-Perpetual Succour Hospital

3. How different will be the 1016 Residences units from the other
existing condominium developments in Cebu?

-1016 Residences sets itself apart from any residential condominium in Cebu. Typical of an Ayala Land Premier (ALP) product, 1016 Residences has larger units with areas ranging from approximately 98 SQM to 220 SQM and with high-grade finishes and fittings. It is the only development with direct access to City Sports Club Cebu (CSCC) and offer usage rights to its residents.

4. Will the area of the balcony/roof deck/garden be included in the
association dues?
-Yes, maintenance of balconies, roof decks and gardens, which includes real
property taxes and insurance, will be part of the association dues.The master deed requires the unit owners to pay for their share in the maintenance expenses of these areas in the building relative to the size of the balcony, roof deck, garden adjoining the units.

In addition, maintenance and upkeep of roof deck/garden such as but not
limited to landscaping and pool maintenance are charged directly to the
unit owner.

5. Are Monthly Dues of CSCC part of the association dues?
-Yes, Club dues assessed by CSCC against the condominium corporation shall be part of the association dues charged to the residents of 1016 Residences. The Condominium Corporation shall own 109 shares of CSCC, or such number of share as there are units in the project. The Condominium Corporation shall assiong one CSCC share for every residential unit to allow him/her to enjoy CSCC rights.

6. What is the rental potential of units in 1016 Residences?
-The current average monthly rental rates for condominium in Cebu are:
* PHP 40,000-45,000 for 1-Bedroom Unit
* PHP 60,000-70,000 for 2 Bedroom Unit
* PHP 80,000 -100,000 for 3 Bedrooms/ Penthouse
Please note however that there are no existing condominium developments in Cebu comparable to 1016 Residences. Since rent is influenced by many factors, the developer cannot guarantee lease rates.

7. Is the balcony area included in the list price of the unit
-No. The balconies are listed as limited common areas in the Master Deed,
though it enhances the value of a particular unit in 1016 Residences, the
list price is applicable to the units area only.

8. What is the Parking Ratio for the units in 1016 Residences?
-Two Bedroom units are allocated 1 Parking Slot, Three Bedroom and Special Three Bedroom Units are allocated 2 Parking Slots, which may or may not be tandem.
Interested parties, please contact:
Malunde “Al” R. Bentulan, Realtor®
888 Bentulan Realty/Davao Primehomes Realty
PRC Real Estate Broker License No. 320
PTR No. 2679570 June 25, 2010
Cell Nos.:
+63 926 7801 888 (Globe)
+63 939 8301 888 (Smart)
+63 932 9347 888 (Sun)
+63 32 5112743 (PLDT)
Email Address: albentulan@gmail.com
Yahoo Messenger: albentulan
President 2010 PAREB-MAMAREB


Neighborhood Area Urban mixed-use
Proximity to...

    General Hospital 5 min
    Downtown Area 1 min
    Seaside 10 min
    Shopping Mall 1 min
    Police Station 1 min
    Fire Station 1 min
    Domestic Airport 30 min
    International Airport 30 min


Building Structure

    Height 27 floors
    Construction Concrete
    Strength Reinforced concrete columns and beams
Elevator Yes
    3 Bedrooms
    1 Bathroom (Toilet + Bath)


This property is offered by the following Realtor™:

Username albentulan
Name Malunde Bentulan (888 Bentulan Realty)

Preferred Contact Method

If possible, please use this user's preferred contact method, which is:
    Email - directly to my email address
Alternatively, this user's second most preferred contact method is:
    Mobile Phone - call me


To: albentulan

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