CEBU Landmasters Inc. (CLI) finished 2017 with P4.58 billion in total reservation sales, exceeding its target by 13.75 percent and beating the 2016 result by 55.6 percent.

CLI attributed its performance to newly launched residential projects: 38 Park Avenue (Cebu IT Park) with 745 units, Casa Mira South (Cebu) with 3,200 units, Mivesa Garden Residences (Cebu) with 1,514 units, Mesaverte (Cagayan de Oro) with 798 units, and the 694-unit MesaTierra (Davao City).

These projects are now almost fully sold.

The listed company said its sales performance is affirmation that its products respond to the needs of the market and are distributed strategically to the areas where demand is strongest. (PR)