NEWS & UPDATES

We share with you regular news and updates on our company performance and the progress of our developments.

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  • Cebu Landmasters @ 20: Two decades of masterful development

    September 28, 2023

    “Every land is the same, but what we do with it separates a builder from a master,” so goes the beginning of Cebu Landmasters Inc. (CLI)’s campaign for its 20th-anniversary celebration this September. The leading property developer in VisMin proudly looks back on its storied past and ahead to the bright future as it marks …

  • Cebu Landmasters net income up 32% in first half

    August 11, 2023

    Listed Visayas and Mindanao property developer Cebu Landmasters Inc. (CLI) reported on Thursday a 32% increase in its first-half consolidated net income as the company reported a higher take-up of new launches. In an emailed statement, CLI said its consolidated net income grew to P2.1 billion, while its net income attributable to parent expanded by …

  • Cebu Landmasters sells out Davao City residential units

    August 3, 2023

    CEBU Landmasters, Inc. (CLI) has fully sold out all units in its residential development in Davao City, it said on Tuesday, calling it another “robust market absorption of projects.” In a regulatory filing, the company said all 546 studio and one-bedroom units in its P2.5-billion Mindara Residences development had been snapped up within days after …

  • CLI breaks ground on northern Cebu project

    July 3, 2023

    CEBU Landmasters, Inc. (CLI) has started construction of its residential development in the northern part of Cebu, the 15th project under its Casa Mira economic brand, it said on Thursday. In a disclosure to the stock market, the company said the 6.8-hectare site in Cebu’s Danao City is expected to generate about P1.97 billion in …

  • CLI aims to launch Luzon development next year

    June 2, 2023

    LISTED Visayas-Mindanao property firm Cebu Landmaster, Inc. (CLI) targets to launch its Luzon project developments by the middle of next year, its top official said on Thursday. “Next year would be something that we can easily target, somewhere in the middle [of the year] probably,” CLI President and Chief Executive Officer Jose R. Soberano III …

  • Cebu Landmasters posts solid start to 2023, Q1 revenue surges by 33% YoY to P4.78 billion

    May 4, 2023

    Leading developer in VisMin Cebu Landmasters, Inc. (CLI) started 2023 on a high note, registering a consolidated revenue growth of 33% in the year’s opening quarter to P4.78 billion from P3.58 billion. CLI’s net income to parent saw a 10% year-on-year growth, reaching P888 million, driven by the strong performance across all business units at …

  • Cebu Landmasters reservation sales up 14% to P19B

    February 8, 2023

    CEBU Landmasters, Inc. (CLI) posted a 13.6% increase in higher reservation sales last year to P18.8 billion, with mid-market residential projects driving sales, the Visayas-Mindanao property developer said on Tuesday. In a disclosure to the stock market, the company said sales in its mid-market residential projects surged by 95% to P8.83 billion, accounting for 47% …

  • Cebu Landmasters tops off P3-B Davao City project

    January 10, 2023

    CEBU Landmasters, Inc. (CLI) has completed its P3-billion mixed-use development in Davao City which it envisions to be a lifestyle and convention destination. “We’re pleased that The Paragon Davao will be completed just as Southern Mindanao fully opens up to travel and heightened business and leisure activity,” CLI Chairman and Chief Executive Officer Jose Soberano …

  • CLI’s Grant Cheng awarded as youngest ING-FINEX CFO of the Year

    November 24, 2022

    ‘Age is relative’ for the game-changing 41-year-old finance chief, who’s also the first awardee from a non-conglomerate organization Cebu Landmasters Inc. (CLI) Chief Finance Officer Grant Cheng believes no one should feel at liberty to waste company resources, no matter how minute, whether it’s replacing a ballpen that has ink left or not printing on …


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