CEBU Landmasters Inc. (CLI) is set to exceed its 2017 target of P4 billion in reservations sales from projects in key Visayas-Mindanao cities, disclosed Jose Soberano III, president and CEO.

He said reservation sales for the first nine months of 2017 registered at P3.66 billion or 26 percent more than the P2.9 billion reservations sales registered for the entire 2016.

Sales drivers for third quarter reservation sales included a range of residential projects across the economic spectrum in Cebu, Davao and Cagayan de Oro.

Combined reservation sales of mid-market garden series residential condominiums in Davao and Cagayan de Oro accounted for P1.262 billion. (PR)