Skip to main content

Cebu Landmasters books P2.7 reservation sales in Q1, on-track to surpass 2018 target


Leading VisMin property developer Cebu Landmasters Inc. (CLI) is on-track to meet its P7 billion reservation sales target this year after sales rose 24 percent in the first three months. From January to March, the listed company sold P2.7 billion of its ongoing developments, reaching already 38 percent of its full-year goal.

“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," said Jose R. Soberano III, CLI chief executive officer. "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.”

Casa Mira Coast brings 543 housing units to Sibulan, Negros Oriental. The development has a 24-hour security system, 40 percent open spaces, lovely views of the seaside, and includes generous amenities like swimming pool, a club house, multi-purpose court, playground and chapel.


CLI cited strong demand for newly launched projects including MesaVirre Garden Residences in Bacolod City. Building A, with 294 units sold-out one month since launch . This prompted the opening of Building B with 442 units.

The land for Bacolod’s MesaVirre Garden Residences, as well as that for another ongoing development Casa Mira Coast in Sibulan, Negros Oriental, was purchased with part of the P2.9 billion proceeds raised from the real estate firm's initial public offering last year.

CLI said its ability to employ capital quickly to purchase land and start development immediately is a testament to its fast-turnaround strategy.

The developer expects sales to remain robust as several big-ticket infrastructure projects in the VisMin region will provide growth opportunities for the real estate industry.

These include Terminal 2 of Mactan International Airport set to open on time in June 2018, the construction of the third bridge connecting Cebu and Mactan, and the Bacolod Economic Highway and flood control projects. All are in the Visayas.

In Davao region, the government plans to build the Mindanao Railway System covering a 102-kilometer stretch that will interconnect Davao del Sur and Davao del Norte with Davao City.

Comments

Post a Comment

Check out more...

Enjoy up to 29% OFF on select realme smartphones this 6.6. TikTok Birthday Sale

Don’t miss out on BIG discounts as realme celebrates TikTok 6.6 Birthday Sale! It’s finally TikTok’s 6.6 Birthday Sale and realme Philippines goes all-in to celebrate with whopping discount offerings from June 1-8 only.  Mark your calendars and get up to 29% OFF on select realme  smartphones and up to 40%  on select realme AIoT products. On top of this, the Squad is also in for a treat since they can take home exciting freebies all-week long!  From June 1-8, every purchase of the real me  C35 (4GB+128GB)  comes with a FREE TechLife Buds Classic, while anybody who will avail the  realme C33 (4GB+64GB)  will get a C-Series Tempered Glass as a freebie. To make things even more thrilling, the first few customers to buy a realme 10 Pro+ 5G (12GB+256GB) from  June 4-8  will get their very own realme Watch 3 for FREE . Additionally, everyone will also get a FREE TechLife Power Bank 100000mAh for each purchase of realme 10 (8GB+128GB), realme 10...
Post a Comment
Read more

GCash cautions against gambling apps used for phishing

A recent investigation by the National Privacy Commission (NPC) and the leading mobile wallet GCash, has led to the discovery of certain gambling sites and apps which were used for account takeovers in the recent surge of phishing scams. Additionally, some influencers may have unknowingly promoted these gaming apps without being aware of their fraudulent nature. GCash is now cautioning its users to be extremely careful when accessing online gambling sites and apps, and to avoid them altogether if possible. In this latest scheme, perpetrators created gambling apps while falsely claiming to be accredited by the Philippine Amusement and Gaming Corporation (PAGCOR). These apps deceive users with a verification process, redirecting them to a fake GCash website or payment page to top up betting credits. From there, fraudsters were able to access sensitive information such as credit card details, passwords, GCash numbers, MPINs, OTPs, and other personal data that can be exploited to gain unau...
Post a Comment
Read more

Celebrate the Mid-Year with realme's 6.6 Mega Sale

Enjoy huge discounts among freebies, vouchers, bundle deals as  realme joins Shopee and Lazada 6.6 Sale Events! realme Philippines will host a mid-year 6.6 sale on Shopee and Lazada, giving away vouchers and freebies besides the irresistible discounts for everyone. The realme 6.6 Mega Sale is the perfect excuse for an upgrade or to reward oneself after a buzzing first half of the year!   From June 6-8, realme will be offering up to 59% OFF during the Shopee 6.6 Mid-Year Sale on the realme C-Series and realme 10 (8GB+128GB). Every purchase of select smartphones will also come with a FREE Globe SIM card. Meanwhile, everyone who will avail the realme 10 Pro+ 5G (12GB+256GB) will be getting a FREE TechLife Power Bank 100000mAh along with a FREE TechLife Portable Blender 40W. On top of this, consumers can also get 15% OFF vouchers for a much sweeter deal and SPayLater for more flexible payment terms!   Here’s a quick guide to all the realme promotions this coming Shopee 6.6 Mi...
1 comment
Read more

#Gcash users can now go cashless on their next Euro trip thanks to Alipay+ partnership

GCash users can now opt for a hassle-free, cashless payment method on their next Euro trip as the Philippines’ leading mobile wallet is now accepted in Europe’s top travel destinations, including the United Kingdom, France, Germany, and Italy. This cross-border payment service is part of the e-wallet’s strengthened collaboration and partnership with Alipay+ to offer a seamless and secure payment experience, as well as real-time foreign exchange (forex) with no service fee, allowing customers to a hassle-free and rewarding travel experience abroad. Among the key merchants and stores that can accept GCash via Alipay+ are Harrods, Liberty London, and Harvey Nichols in the UK; Printemps in France; Müller and dm-drogerie markt in Germany; as well as itTaxi, and IVS Group, the leader in the vending machines market, in Italy. “In line with our fervent commitment to make our customers’ everyday lives better and more convenient, we want to make sure that they can maximize their GCash account no...
Post a Comment
Read more

DICT, GeeksPH bolsters PH startup scene with 6th Geeks on a Beach in Panglao

The Department of Information and Communications Technology (DICT) and GeeksPH announced the revival of Geeks on a Beach (GOAB) after a four-year break and is set to happen in Panglao, Bohol on November 23-24, during the Philippine Startup Week 2023. The two-day international conference, known for leveraging Philippine tourism and ICT Industry expertise, will gather hundreds of entrepreneurs, investors, innovators, and globally-acclaimed startup ecosystem players to showcase the country’s startup achievements in both local and international scenes. GOAB 2023 will offer plenary sessions exploring potential investment opportunities and breakout sessions that will focus on sector-specific topics like Fintech, EduTech, HealthTech, AgriTech, and ClimateTech and other category-specific themes centered around youth and women. The event will also feature emerging technologies discussion, pitching fest, business matching, investors’ roundtable, and exhibits from various stakeholders. To cap off...
Post a Comment
Read more