Mandani Bay has made it all possible for you to experience renowned cultural heritage, exciting water features, and great outdoor adventures in a luxurious urban landscape. Discover why investing in Mandani Bay can become your biggest ticket to Cebu’s world-class leisure destination.
Mandani Bay is a massive 49-acre waterfront, mixed use development strategically located along Mactan Channel in Mandaue City, Philippines. The project name “Mandani” is the former name of Mandaue, and the “Bay” refers to its apparent waterfront site.
This iconic development is a joint project of Hong Kong Land Inc, a real estate giant with completed estate developments in Hong Kong, Singapore, Cambodia, and China, in partnership with Taft Properties, the real estate firm of Vicsal Development Corporation, which manages the Gaisano Metro Retail Stores in various regions. Mandani Bay has established its difference from other neighboring condo developments through its sizeable number of project features, such as the Green Promenade, Main Boulevard, and the Boardwalk in which all can offer leisure and relaxation to everyone.
Why Invest your Hard-Money Here?
1. Learning the prominent project features
Mandani Bay is aesthetically designed around a series of podium blocks interconnected with parking links and footbridges, which allow people to move from one point to another. This premium master-planned community has residential towers erecting above the enormous podium decks that house different signature retail shops, business processing offices, and chains of condominium hotels.
A 600-meter water frontage clearly defines the balance between nature and urban setting, enabling residents to enjoy the sunset walk amidst the breathtaking scenes of the Mactan Channel. What you can find at the center of this prestigious development is the Green Promenade, a massive 300-meter tree line avenue which encourages relaxation and rejuvenation for your tired spirit. The podium allows you to shop for your favorite consumer brands, or you can visit the arts and cultural section for a complete entertainment experience. Then you can find the 30-meter Main Boulevard designed to give you full access to the sprawling seaside and impressive cityscape beyond the large-scale urban community.
2. Defining the Purpose of your Investment
The main benefit of investing in a real estate is about the opportunity to generate income, which you may use to settle your mortgage responsibilities. Mandani Bay offers you flexible payment terms that may suit your current paying capacity, and generating income through lease agreements can help you earn some extra money to pay off government taxes and condominium fees. Buying a condominium unit in Mandani Bay will definitely improve your cash flow if you plan to rent it out while enjoying unlimited access to different lush amenities provided within the master-planned community.
When investing in Mandani Bay, clearly set your objective, whether you want a condominium for extra income or convenience. If your mindset gears towards income generation, you can have your condo unit rented out in order to pay your mortgage obligations during the first few years. Expect real estate prices to increase each year, and you may gain enough profit once you have decided to sell the unit. However, it won’t be that easy to sell a property particularly if you want buyers to pay in cash, so always be mindful of the latest market trends in the real estate industry.
Now, if you focus on convenience and recreation, Mandani Bay seems more than capable of providing the best amenities you’re looking for. Utilize all exclusive features and communal areas to relax or, perhaps, plan the business you may have in mind.
3. Strong Market Demands
The Mandani Bay waterfront project is expected to be completed earlier than scheduled due to the increasing housing demands in Cebu, indicating that mixed-use condos are substantially rising in the economic statistics of the region. From the initial 12 to a 15-year timeline, the master-planned township project is ready for turnover by March 2020 and phases two by the last quarter of 2021 as reported during the recent launching of Mandani Bay Quay tower. All units in its first phase, the Mandani Bay Suites, were sold out in just a little over two years.
The 600 spacious units in Mandani Bay Quay Tower were almost sold out while unit reservations for the Quay Tower 2 continue to soar high according to reports. The Php12-billion Mandani Bay Quay tower features three high-rise residential buildings and a modern high-rise office condominium. Similar to earlier developments, it will also have a studio unit, one bedroom unit or two bedroom unit, three-bedroom suites, three-bedroom penthouse, and a number of garden units. Besides, Mandani Bay Quay will also offer a 50-meter lap pool, an outdoor fitness facility, cabanas, a multi-purpose hall, and adventure playground areas for kids and adults alike.
Upscale condominiums in Metropolitan Cebu are now gaining ground brought by several contributing factors, such as tourist influx, as well as the presence of foreign executives residing in the region. Since the Island of Cebu is now considered a premier investment hub, condominium owners may continue reaping the benefits of their hard investment over the next few decades. In fact, many luxury condominium developments continue to experience stable growth in rental fees with low-vacancy rates, particularly condos found in Cebu Business Park and Mactan Newtown where you can find a lot of outsourcing companies.
4. Offering the Best Waterfront Location for you
Mandani Bay is located along with the enriched cultural setting of Mactan channel, and you only need 25 minutes to get there from Cebu-Mactan International Airport. This remarkable mixed-use development is accessible to both first and second bridges, but it’s just a few minutes drives from the 3rd bridge (Cordova Cebu bridge), allowing you to reach Lapu-Lapu City when the two bridges are in heavy traffic. Your condo unit is also accessible to University of Cebu Medical Center, Cebu Cebu Doctors University and Cebu’s newest tourist attraction, the Ocean Park.
5. High increments of real estate value
The real estate value in Mandani Bay is always expected to rise over time as economic activities in Mandaue, like business developments and tourist attractions become inevitable. Remember that real estate investments provide a guaranteed return of investment or profits despite any risks of home depreciation, which may only happen for a short period of time. You can make more money once you decide to sell the unit as long as you maintain it in pristine condition.
The presence of Mandani Bay and other high-end condominium developments is a clear indication that Cebu is now globally recognized as one of the best lifestyle destinations in the country. No wonder why Estate Connoisseur believed that Mandani Bay has been designed to encourage active living and seamlessly combine nature with modern life.