News

CLI to launch 2 more projects

CEBU-BASED property developer Cebu Landmasters Inc. (CLI) is set to launch two more projects in the remaining months of the year: The North Grove at Pristina Town and the first three towers in Manresa Town in Cagayan de Oro City. The North Grove at Pristina Town is a two-tower upper mid-market project in Cebu with over 1,000 units. This is CLI’s second development in partnership with Ixid...

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Cebu developer ramps up investments as VisMin economy perks up

CEBU CITY – Seeing post-pandemic full business potentials, a Cebu-based real estate developer is looking to deepen its investments in the Visayas and Mindanao to support the continued economic recovery in these regions.  Jose Soberano III, Cebu Landmasters Inc. (CLI) chairman and chief executive officer, on Tuesday said during the company's annual stockholders meeting that t...

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Cebu Landmasters posts 31% reservation sales rise

CEBU Landmasters, Inc. (CLI) reported its reservation sales in 2019 jumped 31% to P12.67 billion, driven by higher demand in its key projects across the country. In a statement yesterday, the listed property developer said the turnout did not only surpass its P9.6-billion reservation sales in 2018, it also exceeded its target of reaching P12.5 billion in 2019. “Reservation sales is an...

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CLI wants to develop province-owned lots

HOMEGROWN property developer Cebu Landmasters Inc. (CLI) has expressed interest in developing prime lots owned by the Provincial Government. The development was confirmed by Gov. Gwendolyn Garcia who met with officials of CLI on Monday, Jan. 13, 2020. “They expressed their interest to participate in any bidding for the development of several strategically located and highly valuable pr...

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CLI boosts landbank in key cities

CEBU LANDMASTERS, Inc. (CLI) is boosting its landbank in key cities in Visayas and Mindanao, as it prepares to ramp up expansion in the next few years. In a statement, the housing developer said it increased its landbank in the region to 1,245,485 square meters (sq.m.), 36% higher year-on-year. CLI said the company is looking to invest P50 billion in a range of projects in these properties C...

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Cebu Landmasters, IBC plan to build Iloilo residential tower

CEBU Landmasters, Inc. (CLI) is partnering with International Builders Corp. (IBC) to develop a P1.5-billion condominium project in Iloilo City. The listed Cebu-based property developer told the stock exchange yesterday it forged a joint venture agreement with IBC Chairman Alfonso G. Tan to build a residential tower in downtown Iloilo. CLI will manage and own 50% of the high-rise building, w...

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