Home Headlines Colliers projects significant growth in Cebu’s Real Estate Market beyond 2024

Colliers projects significant growth in Cebu’s Real Estate Market beyond 2024

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Colliers' Head and Director of Research, Mr. Joey Bondoc with CDM's Deputy General Manager, Ms. Gwen Sala along with the participants of the recent Cebu Property Market Briefing in Visitor Center, City di Mare, South Road Properties, Cebu City

At a recent property market briefing held at City di Mare, South Road Properties (SRP), Cebu, Colliers Philippines outlined the area’s immense potential as a driving force behind Cebu’s economic growth. The firm emphasized how Cebu City continues to evolve into one of the Philippines’ most dynamic urban centers, with SRP playing a key role in this transformation. Spanning 300 hectares, SRP is poised to become the new epicenter of business and lifestyle, featuring a world-class mix of commercial, residential, and recreational developments that seamlessly integrate into the cityscape.

“We see Cebu reflecting the property rebound being seen across the country. Across all property segments – office, residential, retail, leisure, and even industrial – Colliers is projecting tremendous potential for growth beyond 2024.” – Colliers’ Head and Director of Research, Joey Roi Bondoc, shares his insights on Cebu City’s dynamic and exciting real estate landscape.

City di Mare (CDM) in South Road Properties, Cebu City

Introducing City di Mare (CDM)

At the heart of this transformation lies City di Mare (CDM), a 58-hectare mixed-use development and the largest within SRP. CDM embodies a sustainable, eco-friendly live-work-play lifestyle, offering investors a unique opportunity to be part of SRP’s evolution.

Strategically located for optimal accessibility and connectivity, CDM is conveniently near key transportation hubs such as the Cebu-Cordova Link Expressway (CCLEX), Mactan-Cebu International Airport, and Cebu’s international port. This prime location ensures seamless travel to and from the township. Additionally, a soon-to-be-constructed pedestrian bridge will provide direct access from CDM to IL Corso Mall, enhancing pedestrian connectivity in the area.

Prime Commercial Lots

CDM offers prime investment opportunities through its commercial lots at the Coastal Block and Greenway Block. The Coastal Block consists of five exclusive oceanfront lots, perfectly suited for large-scale developments. With stunning views of the sea and mountains, generous lot sizes, and a higher allowable floor area ratio, these lots encourage creative opportunities for innovative designs and layouts.

The Greenway Block, while distinct from its natural surroundings, offers convenient access to a 1.3-hectare Linear Park, featuring lush gardens and adaptable spaces. This design fosters a vibrant community atmosphere and attracts high-value tenants. Businesses situated near green spaces are often more poised for growth, making the Greenway Block an ideal location for companies looking to thrive in an environment that encourages both well-being and success.

Investing in CDM properties presents a rare opportunity to tap into a thriving market. As the area develops, the demand for diverse commercial spaces—from retail and hospitality to corporate offices—will only increase, making CDM a smart and strategic investment choice.

Growing Commercial Landscape

CDM is further amplified by the influx of renowned establishments, including Jollibee, Chowking, Bo’s Coffee, Caltex, The Future Golf Driving Range, and the TRG Football Academy. These additions underscore SRP’s rising reputation as a premier destination for both business and recreation.

“What really stands out is the potential to shape the future of Cebu’s business landscape,” stated Don Ubaldo, First Vice President for Filinvest Townships. “These lots present investors with a unique opportunity to build something significant—whether it’s a headquarters, a thriving commercial hub, or an innovative development. It’s about creating spaces that are not just functional but also truly impactful for the community and the local economy.”

For more information about City di Mare, visit the official Facebook page at City di Mare or email sales@citydimare.com.

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