Philippines: Cebu Landmasters Inc., (CLI) has opened its first coliving project in Cebu, targeting students and young professionals.
A joint venture between CLI and Sugbo Prime Estate Inc., the project, called The Pad Co-Living, is located on Banilad Street in Cebu City.
The Pad Co-Living is described as “a specially created living solution for working professionals, students and travellers who are looking for an affordable and well-located address in the prime Banilad area”.
The Pad’s 156-room Building A showcases five main room offerings: Solo, Twin, Trio, Quadruple, and Family Occupancy rooms for long or short-stay guests. All rooms include toilets, while family rooms have their own dining and living area to accommodate up to four guests.
The company opened the first of the two coliving buildings within the property owned by the Farrarons family’s Sugbo Prime Estate Inc.
Next month will see the opening of The Pad Co-Living’s hostel building, Building B, a 102-room scheme that will accommodate short-stay bookings for business travellers, backpackers, and transients.
The Pad provides a minimum lease period of three months, with the option to extend contracts for up to 12 months.
Amenities comprise a rooftop deck lounge, a communal cooking area, round-the-clock security, and complimentary WiFi tailored for remote and hybrid work arrangements. Also, the facility features a rooftop restaurant and swimming pool exclusively available to hostel guests.
The Pad will also open two concept restaurants at the newest building: Sunrisers Brunch + Bistro soon to open on the ground floor, and Sunset Soirees Rooftop Restaurant on the roof deck of Building B, scheduled to open next month.
The Pad is operated by CLI’s hotel arm, CLI Hotels and Resorts Group.