The Suites of Gorordo (Mix-Used Residential Condo and Condo Hotel Units)
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The Suites at Gorordo is a high-end mix-condominium, residential and a 4-star hotel project by the Worldwide Central Properties Inc. An iconic addition to Cebu’s landscape as inspired by New York’s iconic Flatiron Building, a gleaming crystal tower. This project is the iconic blueprint of the two country’s best architecture firms, the H1 Architecture, and Jose Siao Ling and Associates.
The service suites are one of the best to offer of Cebuanos accommodation as it will be managed by the international hospitality brand Somerset. Indeed, giving you a self-generating hassle-free investment.
For the residential suites, it will be a perfect home where you can explore your creative design in your spaces. Offering the best luxury living while in the same warmth of a traditional home.
The Suites at Gorordo a welcome addition to Cebu City’s thriving landscape. It is now rise on the prominent corner of Gorordo Avenue and Archbishop Reyes Avenue. The Suites at Gorordo offers 312 luxury units with separate entrances for residential (122 units) and serviced suites (190 units). Owners of residential suites have the freedom to furnish space to their own liking and be near their place of work in Cebu Business Park.
Location
The project will rise at Gorordo Avenue corner Archbishop Reyes Avenue. It is along uptown Cebu City and can be accessed from all points via major thoroughfares. It is just a few steps away from the bustling business and commercial district of Cebu Business Park, the premier business district in the South. This area integrates business, residential, shopping, sports and recreational facilities – making it a very active area of work and play.
450 m Perpetual Succour Hospital
700 m Colegio de la Inmaculada
750 m Ayala Center Cebu
850 m St. Theresa’s College
1.4 km Velez Hospital
1.5 km Chong Hua Hospital
1.6 km Cebu Doctors Hospital
2.6 km Cebu IT Park
3 km SM City Cebu
3.5 km University of San Carlos
6 km Cebu-Cordova Link Expressway
13 km Mactan-Cebu Int’l Airport
Building Features & Amenities
The Suites at Gorordo has amenities that reflect the service, style and soul of hotel living. There are amenities shared by both residential and serviced suites, and amenities exclusive to each to foster a sense of privacy.
Whether it is a big party for family and friends or a more intimate gathering, find an ample space for celebrations of all kinds at The Suites at Gorordo.
Inspired by New York’s Iconic Flatiron Building. It will be a gleaming crystal tower that rises above the city. Soon it will become one of the city’s most prized landmark. It is truly the perfect place to call home at the heart of the cosmopolitan city. A global brand finds its home in Cebu.
Restaurants
Jacuzzi
Function Rooms
Serviced Offices
Sky Deck
Swimming Pool
Fitness Center
Bar
Lobby Lounge (residential suites)
Somerset Lobby (serviced suites)
100% back-up power
Fire alarm& smoke detection system
Two (2) fire exits per floor
24-hour Security service
Overhead Water tank
CCTV Camera
Unit Features
The Suites at Gorordo offers 361 luxury units with separate entrances for residential (157 units) and serviced suites (204 units). Owners of residential suites have the freedom to furnish space to their own liking and be near their place of work in Cebu Business Park.
For owners of serviced suites, their unit will be added to the pool of leasable units which will be managed by the serviced residence operator.
This low-density development offers separate entrances for its Serviced/Hotel suites and 215 Residential units. Owners of residential suites have the freedom to furnish their living spaces to their own liking and be near their place of work in Cebu Business Park. Serviced suites will be added to the pool of leasable units which will be managed by the serviced residence operator. The Suites At Gorordo is the only mixed-use development to be managed by a leading international property owner-operator – the Ascott Limited and its award-winning Somerset hospitality brand.
Building Facilities:
100% Emergency Power Supply
Two (2) Fire Exits Per Floor
24-Hour Security Service
Back-Up Water Supply System
CCTV Camera Per Floor
High-Speed Elevators
Well-Lit Hallways
Low Density Floor
SERVICED/HOTEL SUITES DELIVERS:
Fully-Furnished Suite
Floor to Ceiling Height as high as 3 meters
Power Cards for Unit Access
Single Split Type Air-Conditioning System
Water Heating System
Washer/Dryer (Selected Units)
CATV
Telephone
Fire Sprinkler System
Fully-Addressable Fire and Smoke Detection System
RESIDENTIAL SUITES DELIVERS:
Floor to Ceiling Height As High as 3 Meters
Provision for Multi-Point Heater
Provision for Multi Split Type Air-Conditioning System
Provision for Washer/Dryer
Provision for CATV
Provision for Telephone
Fire Sprinkler System
Fully-Addressable Fire and Smoke Detection System
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Floor: 29-Storeys
Area: 1,000 sq.m.
Residential Suites: 157 Units
Serviced Suites: 204 Units
AMENITIES AND FACILITIES:
-Restaurants
-Jacuzzi
-Function Rooms
-Serviced Offices
-Sky Deck
-Swimming Pool
-Fitness Center
-Bar
-Lobby Lounge (residential suites)
-Somerset Lobby (serviced suites)
-Two (2) fire exits per floor
-24-hour Security service
-Overhead Water tank
-CCTV Camera
-Amenities located at 8th floor (serviced suites)
-Amenities located at 8th floor and Sky Deck (residential suites)
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TURNOVER ON 2024 QUARTER
PRICELIST UPDATED AUGUST 2024
20TH FLOOR
Residential Suites with Mountain View
Unit 2009---1BR Exe.Suite w/ Den & Balcony --55.13 sqm---P12,774,000.00
21TH FLOOR
Unit 2107---1BR Suite --41.63 sqm---P9,949,680.00
Unit 2108---1BR Premier Suite w/ Den & Balcony --56.43 sqm---P13,206,000.00
Unit 2117---2BR Premier Suite --75.57 sqm---P18,418,440.00
22TH FLOOR
Unit 2203---1BR Suite --36.08 sqm---P8,627,760.00
Unit 2207---1BR Suite --41.63 sqm---P9,955,080.00
Unit 2208B--1BR Executive Suite --40.7 sqm---P9,405,120.00
Unit 2209---1BR Premier Suite w/ Den & Balcony--59.8 sqm---P13,730,280.00
OCEAN VIEW
Unit 2211---2BR Premier Suite w/ Maid's room--32.62 sqm---P15,723,960.00
Unit 2214---1BR Suite --40.18 sqm---P9,798,840.00
20TH FLOOR with Mountain View
Unit 2308---1BR Exe.Suite w/ Den & Balcony --59.8 sqm---P13,535,400.00
24TH FLOOR
Unit 2403---1BR Suite --36.08 sqm---P8,637,360.00
Unit 2406---1BR Suite --39.36 sqm---P9,422,640.00
Unit 2408---1BR Premier Suite w/ den & balcony--59.8 sqm---P13,890,480.00
Unit 2409---1BR Suite --39.58 sqm---P9,663,240.00 ocean view
25TH FLOOR with Mountain View
Unit 2504---1BR Suite --36.08 sqm---P8,642,160.00
Unit 2507B--1BR Executive Suite w/ Den & Balcony --40.7 sqm---P9,420,720.00
Unit 2508---1BR Premier Suite w/ Den & Balcony--59.8 sqm---P13,898,040.00
26TH FLOOR
Unit 2606---1BR Suite --39.36 sqm---P9,433,080.00
Unit 2607B---1BR Exe.Suite w/ den & balcony--59.8 sqm---P9,426,000.00
Unit 2612---1BR Suite --40.18 sqm---P9,820,560.00 ocean view
28TH FLOOR with Mountain View
Unit 2807B--1BR Executive Suite w/ Den & Balcony --40.7 sqm---P9,436,440.00
Unit 2808---1BR Premier Suite --59.8 sqm---P13,920,960.00
Unit 2810---2BR Premier Suite w/ Maid's room--63.35 sqm---P15,851,000.00 ocean view
Unit 2818---1BR Suite --39.06 sqm---P9,446,680.00
30TH FLOOR
Unit 3001-3002--2BR Premier Suite w/ Den--72.16 sqm---P17,101,680.00
Unit 3003---2BR Premier Suite w/ Den--75.44 sqm---P17,879,040.00
Unit 3005---1BR Exec. Suite w/ Den & Balcony--40.7 sqm---P9,452,040.00
Unit 3007---3BR Grand Suite w/ Den & Maid's room--99.56 sqm---P23,742,360.00
Unit 3008-3009--2BR Premier Suite w/ Den & Maid's room--80.36 sqm---P19,431,480.00
NOTE:
The Total Contract Price is inclusive of 12% VAT, Miscellaneous & Transfer fees, Set up Fees, Reservation Fee
PAYMENT SCHEME
RESIDENTIAL:
1.15% Downpayment payable in 24 months, 85% balance through bank financing.
2. 8.25% Downpayment payable in 24 months,1.68 75% balloon semi annually/85% balance in bank Financing.
3. Spot 5% Downpayment. 10% payable in 23months. 85% balance through bank financing.
4. Deferred Cash
5. Spot Cash
6. RFO promo
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SERVICE/HOTEL UNITS IN SOMERSET HOTEL
15TH FLOOR
SERVICE/HOTEL SUITES with Mountain View
Unit 1508---1BR Executive Suite--58.96 sqm---P14,947,644.00
Unit 1517---2BR Premier Suite--75.57 sqm---P19,713,028.50 ocean view
16TH FLOOR
SERVICE/HOTEL SUITES with Mountain View
Unit 1608---1BR Executive Suite--58.96 sqm---P14,954,989.50
Unit 1609---1BR Executive Suite--53.03 sqm---P13,323,828.50
Unit 1617---2BR Premier Suite--75.57 sqm---P19,722,739.50 ocean & Mt.view
17TH FLOOR
SERVICE/HOTEL SUITES with Mountain View
Unit 1709---1BR Executive Suite--53.03 sqm---P13,397,158.50
18TH FLOOR
SERVICE/HOTEL SUITES with Mountain View
Unit 1808---1BR Executive Suite--55.36 sqm---P13,949,656.50
19TH FLOOR
SERVICE/HOTEL SUITES with Mountain View
Unit 1901---Studio Suite--38.06 sqm---P9,946,263.00
Unit 1909---1BR Executive Suite--53.03 sqm---P13,410,604.50
Unit 1917---2BR Premier Suite--75.57 sqm---P19,751,748.00 ocean & Mt.view
NOTE:
The Total Contract Price is inclusive of 12% VAT, Miscellaneous & Transfer fees, Set up Fees, Furnishings and discounts.
PAYMENT SCHEME
Reservation Fee = P100,000.00
1. Spot 10%/20% in 12month/70% balance through bank financing.
2. Spot 10%/20% in 24months/70% balance through bank financing.
3. Deferred Cash (100% in 12months)
4. Spot Cash
Invest the BIG UNIT like a ONE BEDROOM for a bigger profit-sharing. The more units you will invest, the more profit-sharing you will received. This is just the conservative computation. Current lower hotel daily rate in Cebu City is P8,000 to P10,000/day.