Undoubtedly, it is Cebu's most sought after residential development not only by locals but foreigners as well. With lots that give you the best views of the surrounding landscape and choice cuts ensconced in gorgeous valleys and hills, Maria Luisa Estate Park remains unsurpassed. A drive through this posh subdivision's winding roads will reveal why this is so.
The lush landscape gives an instantaneous calming effect to anyone who enters Maria Luisa Estate Park. Away from the maddening city lifestyle, its residents have long found comfort in the tranquility that envelopes the community. For decades, Maria Luisa Estate Park has provided security and safety to everyone who has lived there.
WELCOME TO MARIA LUISA ESTATE PARK
The Maria Luisa Estate Park Development is designed to epitomize Cebu Lifestyle at its BEST. The lots were designed to maximize the city, mountain and valley views as well as building potential of every property. Privacy and security are priorities. Ideally located in Banilad, Cebu City, it is the only remaining high-end quality subdivision that can boast of proximity to the heart of the city where home is a mere 5-10 minute drive away from work, school and malls. Once you live in Maria Luisa Estate Park, you wouldn't want to live anywhere else.
PROJECT MAIN DETAILS
updated as of June2017
|Project||Lot Area (sq.m)||Floor Area (sq.m)||Price Range (M)||Property Type||Property Extras|
|Maria Luisa Estate Park|
|Phase 9||1,035-1,369||14.5M-24M||Lot Only|
How big is the development?
Maria Luisa Estate Park is a 200-hectare fully developed project. The last phases for sale are broken down to the following:
- Phase 8 – 22 hectares SOLD-OUT
- Phase 9 – 39 hectares Few Lots left
- Phase 10 – 12 hectares SOLD-OUT
Where is it located?
The project is located in Banilad, Cebu City bordered by the Busay and Talamban Hills.
Where are the access points to the subdivision?
The Main access is thru Banilad. The 2nd access is thru Nivel hills, Busay which is just 5 minutes away from JY Square, Lahug.
What are the lot sizes?
- Phase 8 – 230-1,383 square meters SOLD OUT
- Phase 9 – 342-1,959 square meters Few Lots Left
- Phase 10 – 520-1,467 square meters SOLD OUT
How much is the investment per square meter?
Maria Luisa Estate Park lot investments start from Php14,000 per square meter for mountain side lots up to Php20,000 per square meter for super prime lots.
How long will it take to reach the area?
The development is less than 10 minutes away from Cebu's business district.
From Banilad Gate to Phase 8 – 5 minutes
- Phase 9 – 6 minutes
- Phase 10 – 4 minutes
- Phase 11 – 8 minute
From Busay Gate to Phase 8 – 8 minutes
- Phase 9 – immediately upon entering
- Phase 10 – 6 minutes
- Phase 11 – 9 minutes
How far is the project from shopping malls, airport and boat station?
- From the Banilad access gate, Banilad Town Center and Country Mall are only 2– minute drive away
- From the Busay access gate, JY Square Mall is merely a 5 – minute drive away.
- Airport is about 12 kilometers away.
- The boat station is around 7 kilometers away.
- Basketball and Tennis court Facilities
- Jogging Trails
- Three Children's Playground
- The Emerald Lake Valley
- Uninterrupted Water And Electric Utilities
- The Highland Park & Clubhouse
- Landscape Parks with Picnic Grounds
- 24-hour security
SECURITY & SAFETY
Security is a priority concern in Maria Luisa Estate Park. The Homeowners' Association does not take any risk when it comes to this matter. It has hired the services of a total of 33 guards stationed strategically in 8 guard outpost throughout the entire property. Security guards assigned at these outposts are tasked to roam around their respective areas every 2 hours.
Both Banilad and Busay entrance gates have guards imposing strict security measures such as inspection of visitors and vehicles. Aside from this, there are cctv cameras installed in the entrances to monitor the activities. Phases 9 and 11 also have additional gated entrances with guards. All these are provided to ensure the security and safety of homeowners.
• Is there sufficient water supply in the subdivision?
Maria Luisa Estate Park has abundant water source with 6 deep wells and 11 water tanks, the biggest of which has a capacity to store 51,000 gallons of water. It is more than enough to supply all the households in the subdivision. Stand-by generators are provided to pump water during brownouts to ensure continuous supply.
In terms of cost, homeowners currently pay P22.22 per cubic meter of water for a minimum consumption of 18 cubic meters or (P400.00), 19-60 cubic meter is at P25.00/cu, 61-120 is at P27.00/cu,121-200 is at P29.00/cu and 201 cubic meters up is at P35.00/cu. This amount is being determined by the Homeowners' Association.
• What is the highest elevation of the subdivision?
The highest elevation is 230 meters above mean sea level.
• Are utilities like telephone, cable services and electricity already in place?
• Telephone and Internet DSL connections are
provided by Globelines and PLDT.
• Cable services can be accessed via Dream
• Electricity throughout the entire subdivision is
provided by VECO and is ready for tapping.
One of the major considerations for success in the Real Estate Industry is the Developer's credibility. MRO Development Corporation (MRO) enjoys a credibility that has been untainted in over 45 years. As a major player in the industry, MRO continues its legacy of providing quality high-end subdivisions to the Cebuanos – where safety and security have always been a priority.
In keeping with this legacy MRO, in 2001, invested a large amount of time and money to secure the unsupported slopes in a portion of Phase 9-C in Busay. The rehabilitation measures included Soil Nailing and Shotcreting, a 1st of its kind in Cebu City. These technologies are prevalent in Hongkong, where the terrain is prone to geologic hazards. Shotcreted areas in Hongkong are able to withstand high-rise structures.
Soil Nailing is the process of drilling holes – 5 to 10 meters in depth – into the mountains. Deformed bars are inserted into the holes and cement is, thereafter, poured through the bars. The poured cement would penetrate and find its way through the holes and cracks thereby strengthening and increasing the safety factor of the lot.
Shotcreting, on the other hand, involves the use of wire mesh installed on the exposed surface of the mountains to protect the slopes from erosion. With the use of a Guncrete Machine, a 4 inch thick concrete is plastered and sprayed to cover the mesh.
Soil Nailing and Shotcreting, however, have been applied on the Open Spaces and in areas that are not salable. All Salable Lots in the Park are deemed sound and stable, and thus, suitable for house construction.
With these mitigating measures, MRO continues to enjoy the trust of not just its homeowners and investors but of the government regulating agencies such as the HLURB and the EMB-DENR. This is the same trust and confidence that has made Maria Luisa Estate Park a byword synonymous to beauty and quality.
Do all your lots have clean Titles?
Yes. We don't sell lots that are not titled. And we guarantee that all our titles are free from liens and encumbrances.
How long will processing of individual titles take?
With complete documents and full payment, it will take approximately 6 months to transfer titles to the buyer's name.
When can I build my home in Maria Luisa Estate Park?
Full payment for the lot is required before you can start building your home.
How much are the Homeowner's Monthly Dues?
Lot owners and house & lot owners share the same rate for monthly dues which is Php1.30 per square meter of lot area. Garbage disposal costs Php 505.12 per month (subject to change without prior notice and as determined by the Homeowners' Association)
- Buyer (for individual)
- Photocopy of any Government issued I.D.
- Copy of Taxpayer's Identification Number
- Buyer's Reservation Form
Buyer (for non-individual)
• Two (2) copies of Articles of Incorporation
• Two (2) copies of By-Laws
• Original & Photocopy of Secretary Certificate
- One (1) copy of T.I.N. of Corporation
- One (1) copy of T.I.N. of Authorized
- Buyer's Reservation Form
MARIA LUISA PROPERTIES
21 Paseo Annabelle, Maria Luisa Estate Park,
Banilad, Cebu City 6000, Philippines
Tel: (032) 346 2626 or (032) 346 9562
Mobile: 0917 327 9820