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Cebu Landmasters, Inc. next Big stop is Davao

September 7, 2016

Inks three Real Estate Joint Venture with Yuson Comm. Investments

All roads lead to Davao for Cebu-based real estate developer Cebu Landmasters, Inc. (CLI), which will start working on its very first venture in Davao with 3 real estate projects starting this 2017 in partnership with the Davao-based Yuson Comm. Investments, Inc.

Cebu Landmasters recently signed a Memorandum of Agreement (MOA) with Yuson Comm. Investments of the prominent Villa-Abrille clan in Davao City last September 1, 2016.

(From Left to Right) Yuson Comm. Investments President and CEO Frederick Yuson, CLI Chairman and CEO Jose R. Soberano III & CLI Senior Vice-President and COO Jose Franco Soberano

The 3 projects will include a Mid-market condo conveniently located at E. Jacinto that will be pre-selling already by January 2017, as well as a Riverside Mixed-Use project along the McArthur Highway and a Times Beach Lifestyle Mixed-Use project in Matina, that are both in the pipeline.

CLI CEO Joe Soberano III discusses the three Davao real estate projects in detail.
(From Left to Right) CLI CEO Joe Soberano III, Norman Garden & Seigfredo Lopez of CallisonRTKL Consultancy Firm, Ar. Mike Torres

The E. Jacinto Mid-Market Condo will be a 15-storey mid-rise structure with 2 buildings. This will offer an affordable pricing scheme for the mid-market, with a premium condominium concept similar to Cebu Landmasters’ Mesaverte Residences in Cagayan De Oro, and Midori Residences and Mivesa Garden Residences in Cebu.

Cebu Landmasters Mesaverte Residences in Cagayan De Oro which is target for completion in 2018 is now 85 percent sold. Midori Residences in Cebu is now sold out while the Mivesa Garden Residences holds distinction for being the fastest selling condo in Cebu.

The 1.9 hectare Riverside Mixed-Use Project in McArthur Highway will meanwhile feature BPO offices, a residential condo, serviced residences (condotel), and retail commercial areas. And the 4 hectares Times Beach project in Matina will be a lifestyle mixed-use destination, definitely a new exciting addition to Davao’s lifestyle scene.

Norman Garden, from CallisonRTKL consultancy firm

The masterplan of the Times Beach and Riverside properties will be designed by globally renowned design consultancy firm CallisonRTKL which have produced some of the world’s most memorable and thriving living and commercial spaces in the past five decades.

Gracing the Joint Venture signing ceremony between Cebu Landmasters and Yuson Comm. Investments in Davao City last September 1, 2016 were CLI Chairman and Chief Executive Officer Jose R. Soberano III, CLI Senior Vice-President and Chief Operating Officer Jose Franco Soberano and Yuson Comm. Investments President and CEO Frederick Yuson.

“CLI is honored to work with the heirs of the son of Davao for this project. Our partnership is timely this year being the centennial of the issuing of the Original Certificate of Title for 603.7 hectares of land in Davao in the name of Francisco Villa-Abrille Juna,” said Soberano III.

“This is Cebu Landmasters very first venture in Davao and we are very proud that these prime properties has been entrusted to us by the Yuson – Villa-Abille family. This will be a great collaboration and exciting venture for both of us.” added CLI Senior Vice President and Chief Operations Officer Jose Franco B. Soberano.

For his part, Frederick Yuson of Yuson Comm. Investments expressed full confidence on the success of each project given its partnership with one of the leading and multi-awarded real estate developer in Visayas and Mindanao.

“We share the same values and the same passion towards our clients and the community. Davao will surely benefit with the coming of Cebu Landmasters here,” said Yuson.