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1016 Residences Condo for Sale in Cebu Business Park

1016 Residences: An Ayala Land Premier Condominium in Cebu Business Park, Cebu City

Choose From 2 or 3 Bedroom Layouts at 1016 Residences, Steps from Ayala Center Cebu




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Luxury 2 and 3-bedroom condo living awaits at 1016 Residences Condominium, right beside Ayala Center Cebu in the heart of Cebu Business Park.

Elevate your lifestyle at 1016 Residences, surrounded by Ayala Center, the Cebu City Marriott, and City Sports Club Cebu.





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Maarch 11, 2026 update on 1016 Residences

1016 Residences for Sale
- Cebu Business Park, Cebu City

1016 Residences Condominium puts Ayala Land Premier living steps from Ayala Center Cebu, in the heart of Cebu Business Park.

Reservation/purchasing of this unit can be done personally in the office OR online! All payments must be directly deposited to 1016 Residences' official bank account.

1016 Residences Condo Unit Types:

Welcome to 1016 Residences, where luxury living reaches new heights. This exclusive residential condominium project is a collaboration between Ayala Land, Inc. and Cebu Holdings, Inc., carrying the Ayala Land Premier brand.

Nestled at the heart of Cebu Business Park, 1016 Residences offers a mere stone's throw from Ayala Center Cebu, the city's foremost retail and entertainment destination, with direct access to City Sports Club Cebu for shopping, recreation, and business facilities.

Thoughtful planning and design bring together a prime location, spaciousness, and opulence in every space, with awe-inspiring views of the sea and mountains, and open spaces even on the upper floors.

1016 Residences sits at 1016 Masbate Rd, Cebu Business Park, Cebu City, 6000 Cebu, PH, with ample unit space and common areas designed for comfort and elegance, near Ayala Center Cebu, the Cebu City Marriott, and City Sports Club Cebu.

ESTABLISHMENTS AND LANDMARKS NEAR 1016 RESIDENCES:

  1. Ayala Center Cebu.
  2. Cebu City Marriott Hotel.
  3. City Sports Club Cebu.

1016 RESIDENCES FEATURES AND AMENITIES:

  • Landscaped Gardens.
  • Kiddie Play Area.
  • Lobby Lounge.
  • Roof Deck.
  • City Sports Club Cebu Usage Rights.

CONVENIENCE AND SERVICES:

  1. Three Elevators (2 Passenger Lifts, 1 Service/Passenger Lift).
  2. Elegantly-Designed Ground Floor Lobby.
  3. Mail Room.
  4. Administrative Office.
  5. Centralized Sanitary Disposal System.
  6. Direct Access to City Sports Club Cebu.

SAFETY AND SECURITY:

  • Fire Detection and Alarm System.
  • 24-Hour Security and Building Maintenance.
  • Basement Proximity Card Access.
  • 100% Backup Power.

Investing in a condo at 1016 Residences puts the heartbeat of the city at your doorstep, with instant access to Cebu Business Park's premier retail, entertainment, and business scene. Beyond the location, 1016 Residences offers a lifestyle defined by luxury and convenience, with spaces designed to frame magnificent views of both the sea and mountains.

Ms. Ophelia R. Mosqueda is the authorized real estate agent for buyers of 1016 Residences Condominium in Cebu City.





Compare 1016 Residences Unit Types at a Glance

Unit Type Net Selling Price Floor Area Est. Monthly (20 yrs) Status
2 Bedroom (8th Flr., Unit B) PhP 18,832,827 98 sqm PhP 128,178 Sold View
3 Bedroom (1st Flr., Unit A) PhP 37,757,992 187 sqm PhP 256,984 Available View




1016 RESIDENCES SITE DEVELOPMENT PLAN

1016 Residences site development plan, Cebu Business Park




SAMPLE COMPUTATION, PRICE RANGE, and MONTHLY AMORTIZATION:
This may vary depending on floor location and unit orientation.
Prices at CEBU-Real Estate Shop are the same as buying directly from the sales office.



1016 Residences 2 bedroom unit, sold, Cebu Business Park
1016 Residences 2 Bedroom — SOLD

This ready-to-move-in 2-bedroom condo at 1016 Residences in Cebu Business Park is now sold. Contact us about the available 3-bedroom unit below.


www.cebu-realestateshop.com

  • Unit list price: PhP 20,925,363 — Sold.
        ◦ 8th floor, unit B — 98 sqm.
  • Discount: PhP 2,092,536.
  • Net selling price: PhP 18,832,827.
  • Reservation fee: PhP 100,000.
  • 5% Equity with 0% interest payable in;
        ◦ 6 months: PhP 157,000/month.
  • 95% Balance through spot cash or bank financing: PhP 17,891,186.
    ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
        ◦ 5 years: PhP 345,887/month.
        ◦ 10 years: PhP 198,629/month.
        ◦ 15 years: PhP 150,976/month.
        ◦ 20 years: PhP 128,178/month.
  • 12% VAT of PhP 2,259,939, not included in the net selling price above, due 30 days from date of reservation.
  • Transfer charges of PhP 633,403, not included in the net selling price above, due 6 months from date of reservation, for title processing and registration.


1016 Residences 3 bedroom unit for sale in Cebu Business Park
1016 Residences 3 Bedroom

A ready-to-move-in 3-bedroom condo at 1016 Residences in Cebu Business Park — luxurious living in the heart of the city's premier business district.


www.cebu-realestateshop.com

  • Unit list price: PhP 41,953,324.
        ◦ 1st floor, unit A — 187 sqm.
  • Discount: PhP 4,195,332.
  • Net selling price: PhP 37,757,992.
  • Reservation fee: PhP 100,000.
  • 5% Equity with 0% interest payable in;
        ◦ 6 months: PhP 314,700/month.
  • 95% Balance through spot cash or bank financing: PhP 35,870,092.
    ESTIMATED Monthly Amortization, this may slightly vary in actual bank computation:
        ◦ 5 years: PhP 693,469/month.
        ◦ 10 years: PhP 398,232/month.
        ◦ 15 years: PhP 302,692/month.
        ◦ 20 years: PhP 256,984/month.
  • 12% VAT of PhP 4,530,959, not included in the net selling price above, due 30 days from date of reservation.
  • Transfer charges of PhP 1,168,393, not included in the net selling price above, due 6 months from date of reservation, for title processing and registration.


With the 2-bedroom layout already sold, this 187 sqm 3-bedroom unit is the last available floor plan at 1016 Residences — an Ayala Land Premier address steps from Ayala Center Cebu and City Sports Club Cebu. Contact us today to confirm availability and reserve this unit.





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WHY BUY A CONDO UNIT AT 1016 RESIDENCES CEBU?

Buying a unit at 1016 Residences Condominium places you at the doorstep of Cebu Business Park, with Ayala Center Cebu a short stroll away and direct access to City Sports Club Cebu for a workout or a swim. As an Ayala Land Premier development, every 2 and 3-bedroom layout is designed to frame sea and mountain views, even from the upper floors, with spacious interiors and elegant common areas throughout. With the 2-bedroom layout already sold, the remaining 3-bedroom inventory suits buyers who want the district's most convenient address without compromising on space.

CONTACT INFORMATION FOR INTERESTED BUYERS OF 1016 RESIDENCES CONDO

Call REB Ophelia R. Mosqueda at +63-928-332-3733 to check current unit availability and schedule your site visit — with the 2-bedroom layout already sold, 1016 Residences' remaining inventory is limited.





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FREQUENTLY ASKED QUESTIONS

Buyers are generally asked for two valid government IDs and a Tax Identification Number, and, once you're ready to transfer title, proof of payment, the unit's Condominium Certificate of Title, and an updated real property tax clearance from the Cebu City treasurer's office. Our brokers walk you through every requirement personally before you submit anything to the developer or a bank.

Yes. Philippine law allows a foreign national to hold title to an individual condominium unit directly, provided total foreign ownership in the project stays under 40 percent. Ayala Land Premier developments like 1016 Residences regularly attract foreign buyers and investors on this basis, and our agents can explain the process in detail.

After the reservation fee and a 5% equity paid over 6 months, the remaining 95% balance can be settled through spot cash or bank financing. A separate 12% VAT is due 30 days from reservation, and transfer charges are due 6 months from reservation, both on top of the net selling price. Estimated monthly amortization for terms of 5, 10, 15, or 20 years is shown on the unit listing.

You can reserve a unit in person at our Cebu office or online, paying a one-time reservation fee of PhP 100,000. Reservation payments are deposited directly to 1016 Residences' official bank account, and your agent will send you the official receipt and your full payment schedule.

It's worth confirming the developer's license to sell for this Ayala Land Premier project, and reviewing the full breakdown of the unit list price, discount, net selling price, VAT, and transfer charges before signing, since VAT and transfer costs are billed separately from the net selling price on their own schedules. Our licensed broker reviews all of this with every buyer so there are no surprises after reservation.






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