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ABC Prime to Develop Arc Towers in Cebu Downtown Area

Arc Towers Cebu is on the rise on Cebu City downtown area. It is a 23-storey building featuring residential and commercial spaces.

arc towers cebu
Source: MyHouse.ph

Real estate in Cebu is progressing aggressively, with the outpour of new landmarks in the metropolis. Among them is the new Arc Tower Residences that is on the rise at the N. Bacalso Corner V. Rama Street, Cebu City. Arc Towers Cebu is a venture project of ABC Prime and designed by LPPA and Broadway Malyan who are leaders and innovators of the real estate industry.

Arc Towers Cebu

Arc Tower stands on a 8,851-meter property that boasts of high-quality features that guarantees a life of leisure, satisfaction, and an elevated experience in every space.  Arc Towers will have three buildings on the rise.

“The first 23-storey residential and retail building will be completed by the end of 2022 and will have 697 units once completed,” chief operating officer Amelia Leonardo said.

The second will still be residential and commercial while the third will be a hotel development with office spaces.

The Arc Towers developer, ABC Prime, has observed that Cebu is much more promising as a property market than Manila especially for newbie developers such as them. They went on to say that Cebuano buyers are more particular with the quality of the property than the name of its developer.

Here are the features and provisions of the Arc Tower Residences taken from A.D. Visions Realty & Property Management Corporation’s website.

I. Unit features

  • Porcelain Tiles in all Dwelling Areas
  • Painted Walls & Ceilings
  • Universal Type Convenience Outlet
  • Grease Trap
  • Smoke Detection System & Sprinkler System
  • High-Quality Toilet & Bath Features & Accessories
  • Complete Lighting Fixtures
  • Kitchen Countertop
  • Upper & Lower Cabinets
  • Individual Electric & Water Meter
  • Provision for Cable TV, Telephone & Internet Line
  • Induction Cooktop & Microwave
  • Ventilation for Kitchen and Toilets
  • Window Type Air Conditioner
  • Water Heater Provision
  • Washer/Dryer Provision each unit

II. Building Features:

  • 4 Levels of Podium Parking
  • 4 Hi-Speed Elevators
  • Elevator Key Card Access
  • 24-Hour Security System
  • 100% Back-up Generator
  • Fire Alarm System and Sprinklers
  • Building Management System
  • Wi-fi at Selected Amenity Areas
  • Material Recovery Facility
  • Complete Information Directory
  • 2 Fire Exit Stairs
  • Landscaped Area
  • 5-Storey Commercial Space

II. Amenities:

  • Main Lobby w/ Reception Counter
  • Individual Mail Boxes
  • Work Space and Study Lounge
  • Conference/Function Room
  • Fitness Gym
  • 25 Meter Swimming Pool w/ Sundeck
  • Kiddie Pool
  • Sky Garden
  • Viewing Deck

The Reservation Fee is Php 25,000.00, and price starts at Php2.9M to 3.3M, inclusive of transfer charges. The payment Terms are as follows:  15% down payment (spread over 48 months), and 85% balance through bank financing.

A one-year money-back guarantee scheme is being introduced by ABC Prime, the first of its kind in the country. This scheme would return the money back to the unit buyers when they are not happy within the first year of their stay.

Proximity to key establishments is one of the main selling points of Arc Towers. Its location is within the range of key city landmarks that are mostly in Fuente area like the hospitals (Velez, Chong Hua, Vicente Sotto), schools (Southwestern University, USJR, USC-South Campus), and malls (Robinsons).

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