News

Developer adds new project inside Townscapes Mactan

THE real estate arm of the ICCP Group, Pueblo de Oro Development Corp. (PDO), is on track to complete its 27.4-hectare township in Lapu-Lapu City as it launched another residential project in the area. PDO recently inaugurated the 3.7-hectare Park Place II in Barangay Babag, Lapu-Lapu City, the third exclusive subdivision in the Cebu township now dubbed as “Pueblo de Oro Townscapes Mactan...

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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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8990 Holdings forecasts year’s revenues to hit P20 billion

8990 Holdings, Inc. is expecting to record revenues of about P20 billion for 2020, driven by the partial opening of its Urban Deca Homes Ortigas project by year’s end. In a topping-off ceremony at the project’s site in Ortigas yesterday, 8990 Holdings Chairman Mariano D. Martinez, Jr. told reporters the company is expecting four of the 22 buildings that comprise the project to be co...

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Sterling Land launches first condominium project

Fresh from the resounding success of its flagship projects Minglanilla Highlands and Santa Monica Estate-Tisa, property developer Sterling Land Residences and Development ‪Inc. broke ground on its first residential condominium tower on Jan. 29, 2020. Located on St. Lawrence Street in Lahug, Cebu City, The Skyline is a 25-storey residential tower with a five-star hotel living concept. It is just...

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Mandani Bay to turnover 1.2k units in April; Phase 3 in planning stage

PROPERTY developer HT Land Inc. will turn over 1,200 condo units of Towers 1 and 2 of Mandani Bay Suites starting April this year. Gilbert Ang, Mandani Bay project director, said the turnover of the first two Phase 1 Mandani Bay Suites towers will set the standard for other developments that will be built inside the 20-hectare master-planned project in North Reclamation Area in Mandaue City....

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Arthaland starts offering P3-B ASEAN green bonds

ARTHALAND Corp. has started its offer for up to P3-billion ASEAN green bonds after obtaining its permit to sell from the Securities and Exchange Commission (SEC). In a disclosure to the stock exchange Wednesday, the niche property developer said it had started its offer period yesterday, which will last until Jan. 28. The offer covers P2-billion ASEAN green bonds with an oversubscription option...

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