Be Residences

What Be Residences does

Be Residences is a Cebu, Philippines-based condominium developer operating under the Benedict Ventures / BE Group umbrella, with at least six active residential projects spanning the Metro Cebu corridor — Lahug, BE Uptown Park (a luxury twin-tower mixed-use development on Juana Osmeña Street), BE U Talamban, Balai Mandaue Central, Balai Punta Engaño (Lapu-Lapu/Mactan), and Balai Cordova. Unit pricing ranges from approximately ₱3.4M for affordable studios (Balai Cordova) to ₱40M for upper-tier units (Be Residences Lahug), covering Studio through 3BR and Penthouse configurations with resort-style amenities such as pools, gyms, co-working spaces, and landscaped common areas. The portfolio is branded under two tiers — the urban BE Residences line and the resort/coastal Balai sub-brand — and is built using conventional condominium construction with no proprietary technology platform disclosed.

The company generates revenue through one-time condominium unit sales rather than recurring contracts. Standard payment schemes involve a reservation fee, a 10–20% down payment spread over 18 to 60 months, and the remaining 80–90% balance due upon project turnover, with turnover dates extending into 2031 for some projects. Distribution is primarily sales-led through licensed real estate brokers — most notably the MyHouse.ph brokerage, which handles listings, digital consultations via Messenger/WhatsApp, and broker-assisted site visits targeting both local Filipino homebuyers and Overseas Filipino Workers (OFWs) purchasing remotely from abroad. Marketing relies on MyHouse.ph content, Facebook/Messenger, WhatsApp, and direct agent consultation, with no proprietary sales platform or technology infrastructure called out in available sources. Corporate information — including ownership structure, founding date, management team, funding history, and consolidated financials — is not disclosed in source materials, limiting due diligence visibility.

Name

Be Residences

Legal name

Be Residences

Website

https://myhouse.ph

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Be Residences is a Cebu-based condominium developer under Benedict Ventures, building six mid- to upper-tier residential projects across Metro Cebu for local Filipino homebuyers and overseas Filipino workers purchasing remotely through licensed broker channels.

Ownership category

akta.pro rank

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Marketing or Sales, Personnel, Others

Revenue model

1. Condominium Unit Sales: Be Residences generates revenue through one-time sales of condominium units to end buyers. Pricing ranges from approximately ₱3.4M to ₱40M depending on the project, location, and unit type. Payment schemes typically involve a reservation fee, a down payment spread over 18–60 months, and the remaining balance upon turnover. This is a transactional real estate revenue model with no recurring component.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Be Residences is a Cebu-based condominium developer that builds and sells multi-tower residential projects across Metro Cebu (Lahug, Uptown Park, Talamban, Mandaue, Mactan, Cordova) under the Be Residences, BE Uptown, and Balai sub-brands. It sells Studio through 3-Bedroom units at price points ranging from approximately ₱3.4M to ₱40M with flexible staggered down payment plans, targeting individual end-buyers for primary residence or investment use.

Product overview

Be Residences (also branded as BE Residences or BE Group) is a Cebu-based real estate developer specializing in vertical residential developments (condominiums) across Metro Cebu, Philippines. The company's portfolio includes multiple branded projects: Be Residences Lahug and BE Uptown Park in Cebu City offering contemporary luxury living; Balai Mandaue Central in Mandaue City providing urban convenience; and coastal properties including Balai Cordova and Balai Punta Engaño in the Mactan area. All projects are developed with focus on modern Filipino lifestyles, strategic locations, and resort-inspired amenities. The developer operates under Benedict Ventures for some projects and has established itself as a trusted name in Cebu's real estate industry.

Differentiator

Problem solved

Functional benefit

Brands

• Balai: Sub-brand under Be Residences/Benedict Ventures featuring residential developments including Balai Mandaue Central, Balai Punta Engaño, and Balai Cordova.

Products and services

• Be Residences Lahug Condominium project in Barangay Lahug, Cebu City near Cebu IT Park, offering Studio through 3-Bedroom units (₱5M–₱40M) with 15% down payment spread over 18 months and the 85% balance due upon turnover. Developed by Benedict Ventures.
• BE Uptown Park Luxury twin-tower condominium development on Juana Osmeña Street in Cebu City featuring 25- and 20-storey towers with eco-conscious design, a 3-level commercial center, Studio Suite (24 SQM, ₱8.8M) and 1-Bedroom (47.55 SQM, ₱17.4M) configurations, and 60-month staggered payment plans.
• Balai Mandaue Central Residential condominium project along A.S. Fortuna Street, Mandaue City, offering four unit types across multiple floors at price points from ₱3.5M to ₱8.8M+, with access to commercial centers, offices, schools, and healthcare facilities.
• Balai Cordova Resort-style condominium near the CCLEX Bridge in Cordova, Cebu, featuring Studio, 1BR, 2BR, and Sky Yarden units priced from ₱3.4M to ₱11.4M, with 15% down payment spread over 45 months. Developed by Benedict Ventures.
• Balai Punta Engaño Coastal condominium project in Punta Engaño, Lapu-Lapu City (Mactan), Cebu, located near beaches and resorts with a 10% down payment scheme spread over 18 months.
• BE U Talamban Condominium project along National Highway, Talamban, Cebu City, offering Studio and 2-Bedroom units with a 20% down payment scheme spread over 60 months.

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Filinvest Land Inc. Mid-market Filipino developer with vertical residential projects in key regional cities including Cebu. Competes in the same studio-to-2BR bracket with similar payment-scheme-driven sales motions.
• Vista Land & Lifescapes: National horizontal-and-vertical residential developer with growing condominium exposure. Targets similar first-time-buyer and OFW segments with extended payment terms and pre-selling models.
• DoubleDragon Properties: Mid-market Filipino developer with mixed-use vertical projects. Competes with Be Residences on price-per-square-meter in regional cities outside Metro Manila.
• Megaworld Corporation: One of the Philippines' largest real estate developers with a nationwide township portfolio including Cebu. Develops vertical residential towers in IT Park-adjacent submarkets that directly overlap with Be Residences' Lahug and Uptown Park positioning.
• SM Development Corporation (SMDC): Mass-market and mid-market vertical residential developer with projects across Metro Cebu. Competes for the same entry-level studio and 1BR buyers that Be Residences targets in the ₱3-10M range.
• Robinsons Land Corporation: Develops residential towers co-located with Robinsons malls in Cebu and other regional centers. Direct competitor in mid-market condo units proximate to commercial and BPO corridors.
• Ayala Land Inc. Philippine real estate conglomerate with residential, office, and retail developments across Cebu. Competes for the same upper-mid and luxury condo segment with deeper capital, brand, and corporate backing than Be Residences.

Regional players

• Primary Homes Inc. Cebu-based regional developer focused on affordable to mid-market residential projects. Most directly comparable peer by geography and scale; competes for the same local Cebu buyer segment.
• AppleOne Properties: Cebu-headquartered developer of horizontal and vertical residential projects in Visayas. Comparable regional focus, project size, and buyer demographic to Be Residences.

Direct peers

• Cebu Landmasters Inc. Cebu-headquartered residential and mixed-use developer; the largest local competitor and explicitly named developer of competing projects (The Wave Towers, Mandtra Residences, North Grove) listed alongside Be Residences on MyHouse.ph. Same vertical-residential product, same Metro Cebu geography, same OFW buyer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/myhouseph
• Facebookfacebook.com/myhousephofficial
• LinkedInlinkedin.com/company/myhouse-ph

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Be Residences