Cebu Landmasters, Incorporated is a real estate developer in the Visayas. The Cebu-based company offers various housing brands.
Among them are high-end residential properties based in major urban locales. Furthermore, Cebu Landmasters sells residential condominium units.
These real estate properties cater to the mid-market customers of the firm, as per the news posted online by Philippine daily newspaper The Philippine Star.
For its housing brand in the economic segment, the real estate company offers starter homes.
This week, Cebu Landmasters has launched Velmiro Greens Bohol. This new real estate development initiative is in the Visayan province’s municipality of Dauis.
Velmiro Greens Bohol reportedly has a predicted revenue worth approximately P900 million. Besides, it is a component of the efforts of Cebu Landmasters in expanding its footprint in Bohol.
Velmiro Greens Bohol will offer various kinds of real estate properties. They include single-detached units.
Plus, the real estate development project will offer town-homes to interested consumers. These real estate properties possess dimensions ranging from 60 to 100 square meters.
In addition, they are within a 3.6-hectare community that provides gates and 24-hour security. Velmiro Greens Bohol will offer various amenities as well.
These convenient services are reportedly close to essential establishments, including tourist destinations, schools, and shopping centers.
Moreover, Velmiro Greens Bohol will feature 204 units. By 2023, the developers expect the completion of this real estate development project.
The Velmiro brand serves the rising mid-market real estate buyers in the Visayas region.
In 2019, these consumers reportedly accounted for 37 percent of the total sales of the real estate company.
Velmiro Greens Bohol is reportedly Cebu Landmasters’ fourth Velmiro brand.
The firm has developed similar projects in other locations, including Bacolod, Cagayan de Oro, and the company’s home of Cebu.
Meanwhile, this 2020, the real estate development company intends to further grow its presence in other locations in the Visayas.
Ormoc and Iloilo are among these places where they intend to launch new real estate development projects.
In ten cities in Mindanao and Visayas, Cebu Landmasters has emerged as the top residential development firm, as per the latest research by property professionals Santos Knight Frank.
The company defeated other local and national firms. Moreover, it now has diverse real estate projects.
These are initiatives located in strategic urban locales in Cagayan de Oro, Davao City, and Cebu City.
On Thursday, March 5, 2020, Cebu Landmasters, Incorporated (PSE: CLI) closed at P4.55 per share.
This last trade price of the firm’s stock did not indicate any changes. Furthermore, the total value turnover reached P1,317,810.00.
The Philippine Stock Exchange recorded the 52-week high of the real estate development company at P5.38.
Meanwhile, its 52-week low is at P4.08.
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