The Reef Residences, Studio Unit 21XX-B, 14-sqm Balcony, Views of Olango
Island, Hilutungan Channel, Sea View, Morning Sun
The Reef Mactan Residences are located 9 kilometers from Mactan
International Airport on the north east side of the island and is bordered on
the south by Crimson Resort and to the north by Mactan Newtown and Shangri-La
.
The development is a two tower project. The main building is 25 stories
and houses the residences, the restaurant, the bakery, the spa, the bar, gym,
infinity pool, and hotel lobby. The 18 story Abaca Boutique Hotel is located in
the second tower just south of the residential building.
The majority of residence units are ocean facing and have a glass wall
that are east facing to seamlessly blend the indoor and outdoor space. With the
restaurant, bar, and hotel fully now operational, the residences have become
one of my favorite places to live and as of 2023, would be my personal top
choice for a personal residence in Cebu.
Property & Developer Details:
- The hotel, restaurant, bakery, and bar are all managed in partnership with the Abaca group.
- The developer is Land Caster Estates.
- The architects and designers: Budji Layug+ Royal Pineda with input from Kenneth Cobonpue
Other Important Information:
- Condo dues are 130 pesos
per sq m.
- There is a current
shortage of designated parking spaces and there is currently a waitlist.
- As part of the
development plan the developer plans on constructing a multistory parking
garage as well as additional residential villas. It would be situated on
the open lot on the west side of the building that is currently used as a
parking lot
- A future rooftop bar is
a part of the development plan; however we are not aware of the completion
date.
- There currently is a
concrete barrier that jetties out into the water in the beach area which
they will be removing in the near future; however we are not aware of the
completion date.