Is there any wet market in Subic which we can buy seafood and have them cooked at once like the D'Talipapa in Boracay?
Yes, there IS a wet market in Subic village, where fisher folk sell the catch of the day. It is HUGE, but most tourists never really go to Subic village (they stick around SBMA or the nefarious Baretto - both locatd along Subic bay and often called "Subic" by travellers and Manila dwellers).
I assume you must be staying in either SBMA or Baretto. Right?
If in SBMA, you might find the wet market at Olongapo public market (near the municipal hall) more useful and closer. It has a few rows of stalls selling fresh sea food.
If you DO wish to go to the Subic wet market, take a blue jeepney going to Subic, get down at Chowking Subic - the wet market (called Subic Public market) is just 3 minutes walking distance and is FILLED with fresh fish and sea food shops. It is just before "Collegio ng Subic" and next to Subic fire station. Located here on google maps - http://goo.gl/maps/hDx5z
as stated by @youonlyliveonce those are the public markets in the subic area. but, being a native of subic, i don't know any restaurant the has that kind of service.
By the way, "Seafood by the bay" along the Boardwalk (in SBMA) has fresh fish displayed (the lobsters and crabs are alive in a water tank and so are some of the fish)
You can choose the ones you want and they will cook it for you, in the style you want.
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