Saekyung development Company

Property Management |

Contact Saekyung development Company


Professional Information

Marigondon Beach Road
Lapu-Lapu City,
(0943) 836-0154
(032) 494-2597
(032) 494-2597

Active Developments

Map Displayed Here
Saekyung Village One, Lapu-Lapu City
Saekyung Village One - affordable condominiums with exquisite sea view at the heart of Mactan Island Cebu. A condominium that overlooks the scenic ocean of Mactan Island. Saekyung Provides a home with a very good quality and a affordable price. more 0 Available
  • Saekyung Village One Lapu-Lapu City
  • Ratings and Reviews

    do not buy or invest your money in this company. its a korean construction with very poor quality and total overpriced -

    The first condominium project “Saekyung Village One Phase 1” in Lapu-Lapu City, Mactan Island was launched in 2012 and completed 2014 with three (3) condominium buildings only, but it was advertised four buildings with 360 units total. The 4th proposed building with studio units (Selling price 500,000P each in 2012) has been re-prized in the year 2014 with a significant 100% price increase for the selling price of at least 980,000P to 1.300,000P each. The construction of the studio building started finally in 2015 at Phase 2 with a three (3) years delay without any compensation to investors who reserved studio units in Phase 1 (2013) and had financial damages due the losses on rental incomes. The studio building was completed in April 2017. All units has been advertised with tiled floors, tiled toilet, bath with fixtures, kitchen cabinets with granite countertop all in high quality. Additional free Water and Electricity connection with no move in fees. Two korean executives of the Saekyung Realty Corporation have been declared by the Municipal Council as persona non grata for allegedly being “arrogant, annoying, unpleasant and rude” to several residents and workers in the said place. Construction Materials and Interior The construction materials in the condominium project “Saekyung Village One” that includes steel, pipes, hoses, tiles, doors, kitchen sink and cabinets, electrical, faucets, fixtures etc. has been classified from experts as “the cheapest of the cheapest in the market” and has absolute poor quality. The developer granted a just 6 month warranty for the whole condominum project. Poor Customer Service A recent survey with Prospective Buyers, PAG-IBIG Buyers, Investors and Tenants has revealed that Saekyung Realty Corporation has one of the worst customer services in the entire property development industry in the Philippines. There are hundreds of customer complaints recorded in an independent investigation report. Most complaints are about Long wait and response times. In many cases is no response at all Poor attention to details Company reps with lack of friendliness, experience and knowledge Unprofessional and impersonal interactions of staff and management Often change of announcements and agreements Delay or Failure to prepare contracts to sell Delay or Failure to notarize documents Invalid or unfair reservation forms No communication between korean executives and buyers No or very bad complaint management Delay or Failure in processing of refunds Delay or Failure in processing of condominium titles

    Service Areas

    Cebu City