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

CLI builds 100-unit Cebu City condo for informal settlers

June 21, 2021

Property developer Cebu Landmasters Inc. (CLI) will donate to the government of Cebu City a 100-unit medium-rise socialized residential condominium complex to shelter informal settlers who need to be evacuated from calamity-prone areas.

The five-story residential project, valued at P115 million, will serve as transition housing for informal settlers near rivers, creeks, seas and other danger zones. It is targeted to be completed within a year.

The medium-rise building will be the first and tallest socialized housing project to be owned by a local government outside Luzon. It will sit on a 1,350-square meter property in Barangay Lorega-San Miguel, which is within walking and biking distance to Cebu City’s business districts and thus accessible to potential job opportunities.

“CLI’s goal to help fill the VisMin [Visayas-Mindanao] housing gap includes well-planned projects for the marginalized,” said CLI chair and CEO Jose Soberano III. “At the same time, this project allows us to assist and give back to the City of Cebu where we have deep roots.”

Each of the units from the second to the fifth floors will have a gross floor area of 25 square meters, larger than the 22-sqm footprint required for socialized housing units.

The development will include open spaces, parking areas, a chapel and a multipurpose training hall where livelihood trainings can take place. It will also be provided with ramps to benefit persons with disabilities and senior citizens. This project was planned in collaboration with the Department of Human Settlements and Urban Development.

Beneficiaries of the socialized condominium will be selected by the Department of Welfare for the Urban Poor and Local Housing Board in compliance with the city’s Local Shelter Ordinance.

Meanwhile, CLI’s nominated contractor, Zumyrphil Construction, assured that during the development stage, green building practices would be followed. – By Doris Dumlao-Abadilla

Published in Philippine Daily Inquirer