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3 Bedroom Condo for Sale in 1016 Residences, Hippodromo, Cebu City, Cebu

In short: 3-bedroom condo for sale in Cebu City, Cebu with 187 sqm, 4 bathrooms, asking PHP 37,757,992 (about PHP 201,914 per sqm). Listed on Phil Realty; information updated 2026-11-13.

PHP 37,757,992

3 Bedroom Condo for Sale in 1016 Residences, Hippodromo, Cebu City, Cebu

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3 Bedroom Condo for Sale in 1016 Residences, Hippodromo, Cebu City, Cebu – photo 1

3 Bedroom Condo for Sale in 1016 Residences, Hippodromo, Cebu City, Cebu – photo 2

3 Bedroom Condo for Sale in 1016 Residences, Hippodromo, Cebu City, Cebu – photo 3

3 Bedroom Condo for Sale in 1016 Residences, Hippodromo, Cebu City, Cebu – photo 4

3 Bedroom Condo for Sale in 1016 Residences, Hippodromo, Cebu City, Cebu – photo 5

3 Bedroom Condo for Sale in 1016 Residences, Hippodromo, Cebu City, Cebu – photo 6

3 Bedroom Condo for Sale in 1016 Residences, Hippodromo, Cebu City, Cebu – photo 7

3 Bedroom Condo for Sale in 1016 Residences, Hippodromo, Cebu City, Cebu – photo 8

3Bedrooms

4Bathrooms

187Floor sqm

CondoType

About this property

Presented by Phil Realty: a 3-bedroom condo for sale in 1016 Residences, Hippodromo, Cebu City, Cebu, offering 187 sqm of floor area and 4 bathrooms. Asking price: PHP 37,757,992. Highlights include 1016 RESIDENCES 3 Bedroom; 1st floor unit A - 187 sqm; 5% Equity with 0% interest payable in; ________________________________________________; Ayala Center Cebu; Cebu City Marriott Hotel; City Sports Club Cebu; 1016 RESIDENCES CEBU FEATURES and AMENITIES; Landscaped gardens; Kiddie play area; Lobby lounge; Roof deck; City Sports Club Cebu usage rights; ]CONVENIENCE and SERVICES; Three (3) elevators (2 passenger lifts, 1 service/passenger lift); Elegantly-designed ground floor lobby; Mail room; Administrative office. Amenities and features include Air conditioning, Gym, Security, Car park, Garden, Children's area. Schedule a private viewing with Phil Realty to walk the property and review full documentation.

Amenities & features

Air conditioningGymSecurityCar parkGardenChildren's area

Location

1016 Residences, Hippodromo, Cebu City, Cebu

PHP 37,757,992

Condo · For Sale · Cebu City, Cebu

▼ 11% below Phil Realty Estimated Value

Phil Realty Estimated Value: PHP 42,430,000 · Confidence: Medium

Comparables: 11% below area asking prices (median of 4 Condo listings, same tower).
BIR: 7% over BIR zonal value — official BIR zonal value for 1016 RESIDENCES (LUZON AVENUE) (RC): PHP 188,965/sqm × 187 sqm unit floor area = PHP 35,336,455 · RDO 081 (Cebu City North) · DO 054-20 · eff. 2023.

How we estimate

Phil Realty Estimated Value is based on asking prices (no asking-to-sale discount applied). Market part: median asking PHP/sqm of comparable listings of the same type (same tower, else same barangay, else same city; at least 3; outliers removed by IQR; similar-size listings when there are enough; this listing excluded). When comparables are thin, we add or use a city/province market-to-BIR-zonal ratio calibrated on our own listings, applied to this property's BIR zonal basis. The BIR zonal value is used as a floor only (building improvements are not added). Confidence: High = 5+ same-tower or 10+ same-barangay comparables; Medium = fewer; Low = city-level or ratio estimate.

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