Cebu Landmasters, Inc. (CLI), a major property developer known for its projects in Visayas and Mindanao, has just bought a huge piece of land in Dasmariñas, Cavite. The property is about 70 hectares—that’s roughly the size of 70 football fields put together!
What Will CLI Build on This Land?
According to the company’s announcement, CLI plans to turn this property into its biggest township project in Luzon. Think of a township as a mini-city where people can live, shop, study, and work all in one place.
The project will mainly focus on building homes—around 6,000 houses in total. These won’t all be built at once but will be constructed in different phases or stages. Besides homes, the township will also include:
- Commercial areas (like stores and shopping centers)
- Institutional facilities (like schools or community centers)
- Estate components (other types of properties)
Why Did CLI Choose This Location?
The land is located near Governor’s Drive in Dasmariñas, Cavite, which is part of an area called CALABARZON. This location is considered strategic because:
- It’s close to major roads like the Cavite-Laguna Expressway (CALAX), making it easy to travel to and from the area
- There are already schools, hospitals, and other residential communities nearby
- Many people are looking for homes in this area
- The infrastructure (roads, utilities, etc.) keeps improving
When Will the Project Start?
CLI is targeting to launch the first phases of the township between 2027 and 2028. This means people might be able to buy homes there in about 3-4 years.
What Does This Mean for CLI’s Business?
This purchase marks an important expansion for Cebu Landmasters. The company was founded in 2003 and has been mostly focused on building projects in Visayas and Mindanao. Until now, they’ve developed 132 different projects including residential buildings, offices, hotels, and townships across 18 cities in those regions.
Jose R. Soberano III, who is both the chairman and CEO (the top leader) of CLI, explained that this is a “key step” in expanding the company’s reach. He said they want to bring their style of building quality communities to Luzon, create jobs, and help respond to the needs of Filipino families looking for homes.
According to the announcement, this single transaction won’t significantly change CLI’s financial condition or operations in the near term, meaning the company is stable enough to handle this expansion.
About Cebu Landmasters
Cebu Landmasters is a publicly listed property developer that started in Cebu and became a leading developer in Visayas and Mindanana. The company builds various types of properties from affordable homes to office buildings, hotels, and large townships.
The Dasmariñas property is part of CLI’s broader strategy to expand into Luzon while continuing to grow its landbank (the land it owns for future projects) in a careful and disciplined way.
Source Note:This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.
