THE SUITES at GORORDO
PROJECT LOCATION
The project willrise at Gorordo Avenue corner Archbishop Reyes Avenue steps away from the bustling business and commercial district of Cebu Business Park.
Steps away from Ayala Center Cebu Proximity to top hospitals, schools, retail stores and transportation hubs.
The Suites at Gorordo is characterized by its sculpted gem-like form. Cebu City’s version of the iconic flatiron building. A symbol of pride and achievement of the Cebuanos.
PROJECT DESCRIPTION:
- 29- Storey building
- 122 Residential Suites (23rd – 29th floor)
- 190 Serviced Suites (9th – 22nd Floor)
- 8th Floor Amenity Area
- 5 Parking levels (2nd – 7th floor)
- Ground Floor
BUILDING FEATURES
- 2 Separate Entrance Lounges
- Lobby Lounge (residential suites)
- Somerset Lobby (serviced suites)
- 100% back-up power
- Fire alarm and smoke detection system
- Two (2) Fire exits per floor
- 24-hour security service
- Two(2) exclusive Amenity Area
AMENITIES
- Ground Floor
- Restaurant
- 8th Floor
- Swimming Pool
- Fitness Center
- Jacuzzi
- Roof Deck
- SERVICED SUITES
- Balanced global Lifestyle
- Homely warmth and local experience
- Stylish Units
- Caters to business executives and their families
Amenities located at 8th floor and Sky Deck (residential suites)
- Overhead water tank
- CCTV Camera
THE SERVICED RESIDENCE
ADVANTAGE
- Hybrid between hotels and apartments
- Higher operating profit
- Less intensive staffing requirements
- Lower marketing & maintenance costs
- Primarily driven by business into tourism
AMENITIES AND FACILITIES AT THE 7th FLOOR LOBBY
For business and events
- Business Center
- Meeting Rooms
- Function Rooms
Hotel Amenities
- Guest Reception Area
- Lounge Area
- Swimming Pool
- Fitness Center
- GF Restaurant
SERVICES FOR GUESTS OF THE SOMERSET – CEBU
- 24/7 Reception
- 24/7 Closed-circuit TV Surveillance
- Daily housekeeping service
UPDATED AS OF AUGUST 29, 2023
RESIDENTIAL SUITES
EXECUTIVE SUITE
- Floor: 20th
- Unit Area: 35.27 sqm
- Mountain View
Total Contract Price:7,719,240
- 15% Down payment: 1,157,886
- Less Reservation Fee: 75,000
- Net Down payment: 1,082,886
- Monthly Equity: 45,120.25 payable in 24 months
- 85 % Remaining balance thru Bank Financing
- Loanable Amount: 6,561,354
EXECUTIVE SUITE A (1BR)
UNIT DETAILS
- Floor: 21ST
- Unit Area: 40.18 sqm
- Ocean View
Total Contract Price: 8,973,360
- 15% Down payment: 1,346,004
- Less Reservation Fee: 75,000
- Net Down payment: 1,271,004
- Monthly Equity: 52,958.50 payable in 24 months
- 85 % Remaining balance thru Bank Financing
- Loanable Amount: 7,627,356
1-BEDROOM EXECUTIVE SUITE
UNIT DETAILS:
- Floor: 25th
- Unit Area: 36.08 sqm
- Mountain View
Total Contract Price: 7,912,440.00
- 15% Down payment/Equity: 1,187,766.00
- Less Reservation Fee: 15,000.00
- Net Down payment/Equity: 1,172,766.00
- Monthly Equity: 46,365.00 payable in 24 months
- 85% Remaining balance thru Bank Financing
- Loanable Amount: 6,730,674.00
1-BEDROOM with Den
UNIT DETAILS:
- Floor: 22nd
- Unit Area: 59.80 sqm
- Ocean View
Total Contract Price: 13,327,680.00
- SPOT 5% Down payment: 666,384.00
- Less Reservation Fee: 125,000.00
- Net Down payment: 541,384.00 to be paid after 1 month from reservation
- OTHER 10% Down payment: 1,332,768.00
- Monthly Equity: 55,532.00 payable in 24 months
- 85% Remaining balance thru Bank Financing
- Loanable Amount: 11,328,528.00
PREMIERE SUITE B (2BR)
UNIT DETAILS:
- Floor: 22nd
- Unit Area: 72.16 sqm
- Mountain View
- With parking
Total Contract Price: 15,968,040.00
- 15% Down payment/Equity: 2,395,206.00
- Less Reservation Fee: 125,000.00
- Monthly Equity: 94,591.00 payable in 24 months
- 85% Remaining balance thru Bank Financing
- Loanable Amount: 13,572,834.00
RESIDENTIAL FLOOR PLAN
RESIDENTIAL SUITES MODEL UNIT