Sunday 16 December
Cebu Landmasters Inc. Apr 16, 2018 @ 15:06

Cebu Landmasters logs P2.7B reservation sales in Q1


Leading VisMin property developer Cebu Landmasters Inc. (CLI) booked its highest quarterly reservation sales ever of P2.7 billion or 38 percent of its full-year target.

Owned by the Soberano family, CLI is eyeing P7 billion in reservation sales this year.

?I?m happy to report that CLI is off to a record-breaking start in 2018, recording our highest quarterly reservation sales at 2.7 billion. This validates that our Visayas and Mindanao expansion has been well-received by the market, and we still see several opportunities to expand in these key VisMin cities,? said CLI chief executive officer Jose R. Soberano III.

CLI attributed the strong sales to newly launched projects which include Building A of MesaVirre Garden Residences in Bacolod City with 294 units sold-out in one month. This prompted the opening of Building B with 442 units.

Soberano expects sales to remain robust given several big-ticket infrastructure projects in the VisMin region such as Terminal 2 of the Mactan International Airport, which is scheduled to open next month, and the proposed 1020 kilometer Mindanao Railway System which will interconnect Davao del Sur and Davao del Norte with Davao City.

Please follow and like us:

Tags: , , , , ,

Related Stories
Leading VisMin property developer Cebu Landmasters, Inc. (CLI) has teamed up with Davao’s Villa-Abrille family
The Soberano family-led Cebu Landmasters Inc. is rolling out P10.6 billion worth of projects in
Soberano-led Cebu Landmasters Inc. (CLI) said its net income surged 66 percent to an all-time
Cebu Landmasters Inc. of the Soberano family has signed an agreement with the Radisson Hotel


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.