LISTED property firm Cebu Landmasters Inc. (CLI) is gearing up to launch 12 new projects valued at P29 billion in the second half of 2025, as the listed Visayas-Mindanao property developer sustained double-digit earnings growth in the first six months of
the year.
The upcoming developments, spanning residential, mixed-use and hotel projects, will rise in key cities such as Cebu, Davao, General Santos, Ormoc and Palawan. Seven projects are set for rollout in the next three months, targeting high-growth areas in Metro Cebu, Palawan, the Davao Region and South Mindanao. Five more residential developments will be launched in the fourth quarter, deepening CLI’s footprint in Northern Cebu and Eastern Visayas.
“Earlier launches sold out quickly, showing solid demand across VisMin markets,” said CLI chief operating officer Jose Franco Soberano. “This gives us confidence to move ahead with an aggressive launch calendar while preparing for our first Luzon project in 2026.”
In the first half, CLI’s consolidated net income climbed 13 percent year-on-year to P2.49 billion, boosted by strong sales, faster construction progress and improved revenue recognition. Revenues rose five percent to P11.87 billion, with real estate sales as the main driver. Recurring income from hotel operations surged 132 percent, while leasing revenues grew 53 percent, reflecting the company’s diversification push.
CLI chairman and chief executive officer Jose Soberano III said the performance underscored “disciplined execution” and a continued commitment to addressing the region’s housing needs despite economic headwinds.
The company booked P14.3 billion in reservation and estate sales in the first six months, up three percent from a year earlier. Flagship brands Casa Mira and Garden Series achieved a 90 percent sell-out rate for newly launched units, while One Manresa Place in Cagayan de Oro generated over P5 billion in sales within two weeks of launch. Casa Mira Gensan, launched in June, is already 85 percent sold.
As of June, total assets stood at P125 billion, fueled by ongoing project build-up and strategic land banking. CLI’s portfolio includes 127 developments, 105 property-for-sale projects, 10 hotels and six office properties, aligned with its strategy to become a more balanced and diversified real estate player. / KOC