Big News for Cebu: The Island’s Largest Indoor Arena Opens This June!

Q: Can foreigners own units in Cebu City?

Yes. Under the Philippine Condominium Act, foreigners can have 100% ownership of a condominium unit as long as the total foreign ownership of the project does not exceed 40%.

Q: What is the rental potential for these properties in 2026?

With the opening of the SM Seaside Arena and the full operation of the NUSTAR Convention Center , demand for short-term rentals (Airbnb) has surged. These projects are the closest residential options for event-goers, performers, and convention delegates.

Q: What shopping and dining options are nearby?

You are within walking distance or a 2-minute drive to Il Corso Lifemall , which offers unique alfresco dining by the sea. The massive SM Seaside City Cebu is also just 5 minutes away for all your retail, grocery, and cinema needs.

The wait is almost over. This June, Cebu officially levels up its entertainment and events game with the opening of the Seaside Arena at SM Seaside City Cebu.

Higher Rental Demand: With more events come more visitors looking for nearby accommodations.
Increased Property Value: Proximity to world-class entertainment is a high-priority “selling point” for future buyers.
Lifestyle Growth: Living in Cebu is no longer just about the proximity to the beach; it’s about having world-class entertainment right in your backyard.

For property owners, this means:

Infrastructure is one of the strongest drivers of real estate appreciation. The opening of a major landmark like the Seaside Arena transforms the South Road Properties (SRP) into a bustling lifestyle hub.

Why This Matters for Homeowners and Investors

Investment Outlook

As the largest indoor arena in the region, this world-class facility is set to become the premier destination for international concerts, major sporting events, and massive conventions. But for those of us in the real estate world, this represents something even bigger: a significant surge in property value and rental demand.

If you’ve been looking for the perfect time to secure a property in Cebu, this is it. Several of our featured projects are perfectly positioned to benefit from this development:

The Best Places to Invest Near the Action

San Remo Oasis & Amalfi Oasis: Located within City di Mare at the SRP, these Italian-inspired retreats are just minutes away from the new arena. Imagine living—or owning a rental unit—within walking distance of Cebu’s biggest events.
One Oasis Cebu: While offering a resort-style escape, its accessibility to the southern corridors makes it a strategic choice for those who want a balance of tranquility and proximity to the city’s new heartbeat.
The Median & Cebu Park Residences: As these areas remain the business hubs of the city, the addition of the Seaside Arena makes the “live-work-play” lifestyle in Cebu more complete than ever.

San Remo

Cebu SRP

Amalfi Oasis

Cebu SRP

One Oasis

Mabolo Cebu

The Median

Near IT Park

Cebu Park Residences

at the back Bonifactio District

Frequently Asked Questions

Yes. Under the Philippine Condominium Act, foreigners can have 100% ownership of a condominium unit as long as the total foreign ownership of the project does not exceed 40%.

With the opening of the SM Seaside Arena and the full operation of the NUSTAR Convention Center, demand for short-term rentals (Airbnb) has surged. These projects are the closest residential options for event-goers, performers, and convention delegates.

Yes, featured developments have RFO units where you can move in or start renting out your unit immediately. There may also be newer phases currently under development for those looking for pre-selling equity terms.

You are within walking distance or a 2-minute drive to Il Corso Lifemall, which offers unique alfresco dining by the sea. The massive SM Seaside City Cebu is also just 5 minutes away for all your retail, grocery, and cinema needs.

Parking slots are typically sold or leased separately from the condo units. Both projects have dedicated basement and street-level parking areas for residents and guests.