Hey, Malapascua indeed is amazing, it's a must.
i love southern leytes so much so i make sure i come back every year
Malapascua + Southern leytes is doable. but could be a bit more hassle if you are using public transportation for each leg.
there are ferries leave Cebu to Massin(45mins car ride) or Hilongos (90 mins car ride) to Peter's or Sogod Bay Scuba Resort, 2 main diving facilities in the region. you can search both resort website for transportation information.
but, it's not easy to travel there all by public transportation considering it's your first time in Philippines. Plus, you need ample time travel from Malapascua to Cebu city.
I think price value wise, southern leytes is very good. but due to limited resorts options. it's not that cheap.
Alternatively.based on your preference, budget and you are travelling solo.
you can combine Malapascua and Moalboal.
Moalboal has good wall diving sites, and a big school sardines attract pelagic fishes.
laid back atmosphere, good snorkelling and many accommodation and food options.
you can take a public bus from Maya port (the port to Malapascua) to northern bus terminal (5 hours) in cebu, then hop on a taxi to southern bus terminal for a bus to Moalboal (2 hours).
Thank you, Torachen - all extremely useful information. I think maybe I gave Moalboal a raw deal.
What is it that makes you love southern Leytes so much? And where do you usually stay? I just think it looks mesmerising... Sigh!!