Your Last Chance to Own a Prime RFO Townhouse in Banawa, Cebu City
Nestled inside the peaceful and elevated community of Forest Hills, Banawa, this 2-storey corner townhouse at South East Residences offers a rare opportunity to live right within Cebu City proper. Designed by Maverick Development, the project combines quality construction, smart space planning, and a location that gives residents the perfect balance of convenience and privacy.
This is the very last ready-for-occupancy (RFO) unit, making it an ideal choice for families who need a home now, OFWs planning their return, or investors looking for a highly rentable property in a premium location.
Property Highlights
This fully finished unit sits on a 70 sqm lot with a 112 sqm floor area, offering comfortable space for everyday living.
Ground Floor Features:
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Carport
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Spacious Living Area
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Dining & Kitchen Area with countertop and built-in kitchen cabinets
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Service Area
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Common Toilet & Bath
Second Floor Features:
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Master’s Bedroom with its own Toilet & Bath
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Two additional Bedrooms
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Common Toilet & Bath
With 3 bedrooms and 3 bathrooms, this home provides excellent functionality for families and long-term growth.
Prime Banawa Location
Forest Hills is known for its strategic positioning—quiet enough for family living, yet only minutes away from Cebu’s major establishments.
Nearby landmarks include:
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Schools: CTU, CIT-U, Velez, St. Paul
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Hospitals: Cebu Doctors, Chong Hua, Hi-Precision
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Malls & Groceries: One Pavillion Mall, Paseo Arcenas, Gaisano Capital
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Business hubs: Cebu IT Park and Cebu Business Park (short drive)
Living in Banawa means enjoying the convenience of being inside Cebu City while having the privacy of a secure residential enclave.
Pricing & Payment Options
Total Contract Price: ₱9,010,000
Reservation Fee: ₱50,000
Down Payment: 20% payable in 6 months
Balance: 80% through bank financing
Spot cash options and bank financing are available.
Because this is an RFO unit, buyers can move in as soon as financing is approved.
Why This Unit Is a Rare Find
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Last RFO unit in the entire development
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Corner lot for better ventilation, privacy, and natural lighting
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Located inside Cebu City proper — no long commutes
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Move-in ready (no construction waiting time)
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Perfect for families looking for a first home, OFWs planning to settle, or investors seeking strong rental demand
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Developed by Maverick Development known for quality-built homes in Cebu
RFO units in Banawa at this price point and corner location rarely stay long in the market.
Your new home in Banawa is waiting — and this is your last chance to own it.
Disclaimer: At Cebu Property Buzz, we strive to keep our listings as current as possible. However, please be aware that prices, promotions, discounts, and property availability are subject to change at any time without prior notice. Additionally, the computations of equity per month and sample monthly amortization provided on our site may differ from actual figures due to variations in the bases used for calculations. These computations are intended for presentation purposes only and to give a general idea of the potential investment. While we endeavor to update our listings regularly, the information provided may not always reflect the most recent changes. We strongly encourage interested buyers to reach out to us directly for the latest and most accurate updates. Please note that the contents of this site should not be considered as forming a contractual agreement.