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Why Mactan is the perfect choice for property investment

Mactan Island has been endowed with a unique island lifestyle that serves as a driving force to be one of the most visited tourist destinations in the country today.

Its rich history, picturesque landmarks, beautiful beaches, as well as the warm friendly-smiles of the people are buoyed by continuous world-class developments that made the island a booming place to live, work, play, and learn in Central Visayas.

Construction at the 28.8-hectare The Mactan Newtown is in full-swing. Expect the pulsating vibe of Live-Work-Play-Learn by the beach township lifestyle in Mactan.

Moreover, here are the following reasons why people choose Mactan Island as the perfect choice to settle or even invest in Cebu.

Mactan Island is Cebu’s resort island with close proximity to the Mactan Cebu International Airport. As home of several first-class resorts and hotels, Mactan Island is a tourist-friendly destination that offers easy access to various historical spots in Cebu such as the famous Mactan Shrine and Lapu-Lapu Shrine. It is also surrounded by fine sand beaches and fresh mangroves, producing a rustic and sunny island ambiance.
Lapu-Lapu City in Mactan Island is the country’s fastest growing, highly urbanized city today. Lapu-Lapu City is a very strategic location that boasts with different world-class developments. The city also offers picturesque beaches that surround the island. The Marcelo Fernan Bridge, a known landmark in Mactan, is also within reach providing ready access to top commercial hubs on the main island of Cebu. It is also for this reason that the fastest growing highly-urbanized city is where Megaworld, the country’s leading real estate developer, brings its pioneering LIVE-WORK-PLAY-LEARN lifestyle township formula to develop The Mactan Newtown, which is a 28.8-hectare township with a beach.
Prices for residential condominiums are expected to jump due to massive development projects in the island. Now is the time to invest in Mactan. Urban development has led the growth of tourism, export-oriented manufacturing companies, and BPO offices in Cebu. This fueled the expected rise in the value of residential condominiums in the next three to five years by 15 to 20 percent. This growth reflects the fast-paced economic development that is happening in Lapu-Lapu City.
No congestion; population density is way lower than Cebu and Mandaue cities. According to 2010 census of the National Statistic Office, Cebu has the highest population in Central Visayas region with 2,377,588. But among the three highly-urbanized cities, Lapu-Lapu City has less density compared to Cebu and Mandaue cities. Thus, Lapu-Lapu City is still the most admirable location to live in the province.
Major developers like Megaworld are already poised to transform Mactan Island into Cebu’s next lifestyle and business hubs. Megaworld boosts the island’s transformation by introducing The Mactan Newtown as the country’s first township development by the beach. This 28.8-hectare township combines top-grade office sites, first-class commercial strips, upscale hotels and a reputable academic institution in one premier beach setting. The township also features a cyberpark, which is home to several office and business process and outsourcing (BPO) buildings. Soon to rise in the township are five hotels and an exclusive beach club, as well as sports and leisure facilities.

WHERE TO LIVE IN MACTAN

The Mactan Newtown is a 28.8-hectare mixed-use township development that has its own beach; The Mactan Newtown is the biggest central business district and tourism hub in Central Visayas.

Megaworld, the country’s leading real estate developer, brings a redefined living experience in Mactan Island through its latest residential condominium cluster that will soon rise inside the 28.8-hectare The Mactan Newtown in Lapu Lapu City.

One Manchester Place has a sophisticated vibe that characterizes the famous Megaworld stamp of modern living within an urban township masterpiece. It exudes living innovations modeled after the ‘LIVE-WORK-PLAY-LEARN’ lifestyle township concept pioneered by the company in the Philippines.

One Manchester Place is a three-tower condominium cluster which will have a direct access to a Plaza Magellan mall that will soon rise inside the township.

The Mactan Newtown’s One Manchester Place is a three-tower condominium cluster that has a direct access to a soon-to-rise Plaza Magellan mall

Within the newly acquired half-hectare area in Punta Engano road, Megaworld will be constructing a three-level lifestyle mall, which is poised to become a major landmark of The Mactan Newtown. The mall will have an iconic entrance plaza facing the famous Lapu-Lapu Shrine, the site where the historic Battle of Mactan between Lapu-Lapu and Ferdinand Magellan happened on April 27, 1521.

Available units are executive studio, one-bedroom, two-bedroom, and three-bedroom. Every unit will have a spectacular view of the historic Mactan Shrine, Magellan Bay, or the Hilutungan Channel.

Future residents will also have exclusive access to the second-level amenities floor which will have a 25-meter lap pool with sunbathing deck, in-water pool lounge and pool spa, children’s pool, pavilion, reflexology path, indoor spa, fitness and taichi area, state-of-the-art fitness gym, jogging path, dry zen garden, flower garden, children’s playground, reading nook, daycare center, business center, a function room, and ultra-modern game room.

The township will soon be home to the Newtown School of Excellence, a new school supervised by Lasallian Schools Supervision Office (LASSO).

The company is also building the Hawkers’ Gazebo, which will open this year. It is a covered food strip similar to the famous hawkers of Singapore. This will be strategically located near the main entrance of the township.

The Mactan Newtown is Megaworld’s first master planned mixed-use development in Central Visayas inspired by the company’s pioneering ‘LIVE-WORK-PLAY-LEARN’ concept. The company has been known for its successful township developments in Metro Manila such as Eastwood City, McKinley Hill, Forbes Town Center and Newport City. In the Visayas, the real estate giant is also building Region 6’s biggest business district, the P35-billion Iloilo Business Park located at the site of the old Iloilo Airport in Mandurriao, Iloilo City.

Megaworld Corporation’s sales office in Cebu also houses The Mactan Newtown showroom, where you can get more information about Megaworld’s exciting new development in Mactan.

THE MACTAN NEWTOWN

(0999) 993-1990
themactannewtown@megaworldcorp.com.

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Business

bai Hotel Cebu named 2024 PH’s Leading Business Hotel at World Travel Awards

bai Hotel Cebu VP Operations and General Manager Alfred Reyes with World Travel Awards Founder and President Graham Cooke.

bai Hotel Cebu has emerged victorious as the Philippines’ Leading Business Hotel at this year’s prestigious World Travel Awards. Standing out among the nine other contenders from across the country, bai Hotel Cebu claimed the coveted title, solidifying its position as a premier business hospitality destination in Cebu.

The award was presented to VP Operations and General Manager Alfred Reyes Assistant Director of Marketing and Communications Carlo Rivera in an awarding gala ceremony held last September 3, 2024 at City of Dreams Manila.

Held at the City of Dreams Manila, the award was handed over to VP-Operations and General Manager Alfred Reyes and Assistant Director of Marketing and Communications Carlo Rivera last September 3, 2024 at City of Dreams Manila.

This accolade, being the first of many this year, reaffirms bai Hotel Cebu’s steadfast commitment to providing world-class Filipino hospitality. “I would like to thank our guests for continuously supporting and for patronizing bai Hotel Cebu,” GM Alfred Reyes said. “This win is also yours as your loyalty inspires us to deliver the exceptional service bai Hotel Cebu is known for,” he continued.

bai Hotel Cebu’s department heads celebrating its accolade as PH’s Leading Business Hotel.

Operating since 2018 with 668 rooms, 8 restaurants, and over 13 function halls, bai Hotel Cebu has established its presence in the industry having just been awarded as Association of Southeast Asian Nation (ASEAN) Tourism Standard Awards – ASEAN MICE Venue (Meeting Room Category).

We also extend our heartfelt congratulations to the country’s Department of Tourism headed by Secretary Hon. Christina Garcia Frasco for being recognized as Asia’s Leading Marketing Campaign award for its “Love the Philippines” campaign and as Transformation Leadership in Tourism Governance.

Based in London and established in 1993, the World Travel Awards is dubbed the Oscars of the travel industry that acknowledges, rewards, and celebrates excellence across all sectors of the tourism industry. It is recognized globally as the ultimate hallmark of quality, with winners setting the benchmark to which all others aspire.

Events

A Feast for the Senses

Crimson Chefs - Masahiro Kinoshita, Naoki Eguchi, Daniel Johnston, Javier Garcia, Allan Barios, Andrew Simpson

By Joanna Cuenco

June 8 – Mactan, Cebu | For one of its biggest dining events of the year as part of the highly anticipated Cebu Food and Wine Festival, Crimson Resort and Spa Mactan curated an epicurean journey that brought guests on gastronomic flights of fancy, fine cuisine. A Feast for the Senses showcased the creativity and excellence of the resort’s culinary team through a dine-around event at its four dining destinations that invited guests to sample the best that each restaurant had to offer: international cuisine at Saffron, Spanish at Enye by Chele Gonzalez, Japanese at Aka by Naoki Eguchi, and desserts and more drinks at Azure Beach Club.

Maria Paz Perdices, Ambra Anzani, Ema Onda,Kate Anzani, Kumiko Onda, Daisy Barns

Tamsin Booth, Didier Belmonte, Frances Siao, Celeste Miranda, Bert Miranda, Bob Booth

Spirits were high and beverages flowed freely the whole evening, thanks to Philippine Wine Merchant, A Wine Company, The Wine Club, Don Revy, Sommelier Selection, Engkanto Brewery, M. Lhuillier Food Product Inc., Future Trade International, Happy Living Philippines, Equilibrium Intertrade Corporation, and Bauhinia Brewery.

Allan Barios at Saffron dessert station

Ulysse Jouanneaud

Margarette Lhuiller and Perl Jacalan

For the after-party and entertainment at Azure Beach Club, renowned mixologist Ulysse Jouanneaud took over the bar, crafting cocktails with Bacardi, Don Papa, Cointreau, and Sula Brands. Chef Allan Barrios presented a dessert spread that included key lime pralines, vanilla bourbon truffles, honey coconut cryos, and tiny flower-potted bamboo shoots that turned out to be made of pistachio. These little works of art were planted alongside vibrant green foliage, smooth stones, and a faux fog effect that created a tropical rainforest diorama out of the dessert table.

Lechon belly station at Saffron

Dessert display at Azure Beach Club

Yellowfin tuna tataki

Grilled mackerel with laksa boullabaise

The night sky and the distant lights of neighboring islands were the perfect backdrop for a high-energy LED dance performance and fantastic fireworks display that left guests in awe and applause.

Rose Hudson

Chele Gonzalez

Brava potato with chorizo at Enye

LED and Tron Dance

Aka Private Room

The Cebu Food and Wine Festival is supported by the Department of Tourism – Philippines, Visit Central Visayas, the Cebu Chamber of Commerce and Industry, Cebu Business Month, and Cebu Pacific Air.

Events

The First NUSTAR BALL

Janine Taylor, June Alegrado, Jackie Lotzof, Frances Siao, Ina Ronquillo and Christine Pelaez

The NUSTAR Ballroom, a magnificent venue at the NUSTAR Resort and Casino in Cebu, sets the stage for last night’s first-ever NUSTAR Ball.

Black was the color of night at the Zee table.

Glamorous guests from Manila and Cebu converged at the NUSTAR Ballroom, an exquisite venue within the NUSTAR Resort and Casino in Cebu. The evening unfolded with a seated 5-course dinner. The opulent feast started with Beetroot Salmon Gravlax, adorned with caper berries, caviar, set with delicate edible flowers; and a main course of Compressed Pork Belly with Crackling Skin and Baby Scallops. Another highlight was the auction of coveted items like Dior and YSL handbags, a limited-edition Bulgari watch, and an exclusive 2-night stay in Nustar’s opulent 3-bedroom villa—complete with a private pool and a dedicated butler. The charity evening benefited the Cameleon Association, an NGO based in Iloilo City created in 1997 that developed a global approach to act on the causes and effects of sexual violence against children.