Close Menu
    Facebook X (Twitter) Instagram
    BusinessNews.phBusinessNews.ph
    Subscribe
    • Top Stories
    • Business
    • Events / Conventions
    • National
    • Technology
    BusinessNews.phBusinessNews.ph
    Home » Cebu Landmasters Newest Condo Launch 60% Sold in 3 Weeks
    Business

    Cebu Landmasters Newest Condo Launch 60% Sold in 3 Weeks

    By Beth Laguna-SyMarch 26, 2021
    Cebu Landmasters
    Franco Soberano, executive vice-president and chief operating officer of Cebu Landmasters Inc. (Photo from CLI's Facebook page)
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Visayas-Mindanao developer Cebu Landmasters, through joint venture firm Cebu Homegrown Developers, Inc., launched its latest condominium project with premium amenities in Mandaue City, Cebu aimed at meeting the housing needs of a surging segment of upwardly mobile professionals and entrepreneurs in the region.

    The P3 billion development Mandtra Residences is managed and developed by CLI and offers condo units from 21 sqm. to 41 sqm. ranging from P2.35 million to P4.17 million. It began pre-selling its first tower in March and was close to 60% sold after three weeks.

    Jose Soberano III, president and CEO of CLI, remarked: “We want to strengthen our leadership in our home base and this joint venture enables us to have access to high value locations that allow us to offer a new generation of Cebuano entrepreneurs and professionals seeking upgraded living spaces. Our exceptional sales velocity indicates we are indeed meeting a highly felt need.”

    With construction already underway, Mandtra Residences is a three-tower development on a landscaped 12,405 sqm property with a lush tropical theme. A retail podium, a sky garden, clubhouse with adult and kiddie pools, jogging paths, fitness gym and chapel have been designed to provide homeowners a multi-faceted urban sanctuary. According to CLI executives, planning for this project took place at the height of the 2020 pandemic, so the design placed a premium on healthy living and a balanced well-being with its generous array of amenities and lush open spaces.

    The first tower with a lobby and three passenger elevators has 26 floors with 595 units ranging from studios to one-bedroom units with selected units of both sizes offering balconies. Moreover, a number of units have been designed so partitions and walls can easily be knocked down and spaces combined. The first tower is set for completion in 2025.

    Mandtra Residences will be the first in a planned series of projects from Cebu Homegrown Developers Inc. Soberano concluded: “Our partnership believes in the innate dynamism and abilities of Cebuano entrepreneurs and professionals and hope to meet their aspirations beginning with well-planned residential communities. – BusinessNews.ph

    For the latest business and finance news in Asia - Business News Asia
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Latest GA Autonomous Jet Demo Features Live Air-to-Air Engagement Capability

    July 18, 2025

    Belgian Aircrew Completes MQ-9B Training

    July 18, 2025

    A New Transatlantic Partnership for European CCA

    July 18, 2025
    Latest News

    Latest GA Autonomous Jet Demo Features Live Air-to-Air Engagement Capability

    July 18, 2025

    Belgian Aircrew Completes MQ-9B Training

    July 18, 2025

    A New Transatlantic Partnership for European CCA

    July 18, 2025

    IP Roundtable and International Publishing Forum held at Hong Kong Book Fair today

    July 18, 2025

    Cornerstone Robotics Signs MOU with NHG Health and NTU Singapore to Facilitate Accessibility of RAS to Patients in Singapore

    July 17, 2025

    BlackBerry Partners with EC-Council to Help Strengthen Malaysia’s Cybersecurity Workforce

    July 17, 2025

    “TOKIO Exciting Anime Workshop” Confirmed – Enjoy “Summer Festival at Anime Tokyo Station” This Summer Vacation

    July 17, 2025

    Global Sports Brand U.S. Polo Assn. Launches First Retail Store in Berlin, Germany

    July 17, 2025

    Hong Kong Book Fair, Sports and Leisure Expo and World of Snacks open today

    July 17, 2025

    International Land Alliance Unveils New Revenue Model Featuring 100 Rental Homes in Cabo Oasis

    July 16, 2025

    Doubleview Gold Corp Provides Comprehensive Update on Its Flagship Project – the Polymetallic Hat Deposit

    July 16, 2025

    Anime Tokyo Station: Mobile Suit Gundam GQuuuuuuX -Beginning- Special Exhibition – New Designs Added for Admission Bonus Illustration Cards

    July 16, 2025

    Formerra to Supply Foster Medical Compounds Across the Americas

    July 15, 2025

    U.S. Polo Assn. Celebrates Seventh Year Supporting the 2025 Outsourcing Inc. Royal Charity Polo Cup

    July 15, 2025

    AATec Medical and Northway Biotech Announce Partnership to Develop Industrial Production Process for ATL-105 Targeting Lung Disease

    July 15, 2025
    BusinessNews.ph
    • Home
    • Business News Asia
    • Cebu Lifestyle Channel
    • Property News
    • Events News Asia.com
    • Contact Us
    • Cebu Business News
    © 2025 All Rights Reserved | BusinessNews.ph

    Type above and press Enter to search. Press Esc to cancel.