Thursday, 13 November 2025, 4:50 pm

    Cebu Landmasters profit boosted by steady property market in VisMin

    Steady demand for housing and a diversified portfolio kept Cebu Landmasters Inc. (PSE: CLI) on a growth path, with net income in the first nine months of 2025 rising 6 percent to up P3.1 billion from up P2.9 billion last year.

    Revenues reached up P14.3 billion, a 2 percent increase, driven by consistent property sales and surging recurring income. The 2025 Colliers Philippines Real Estate Market Study ranked CLI as the top residential developer in the Visayas and Mindanao, capturing an 18 percent market share—cementing its dominance in the regional property sector.

    “CLI’s growth continues to be powered by real demand in VisMin’s fast-rising cities,” said Chairman and CEO Jose Soberano III. “Our focus on diverse segments allows us to deliver steady results while building communities that last.”

    Real estate sales remained the backbone of revenues, contributing up P12.4 billion from sustained construction and unit completions. Recurring income soared 72 percent, with hotel revenues more than doubling—up 101 percent—on the back of new openings and high occupancy rates. Rental income jumped 49 percent as new commercial spaces came online, reflecting CLI’s push to expand its hospitality and leasing portfolio.

    Residential reservation sales surged 27 percent to up P19.3 billion, led by the successful launches of One Manresa Place in Cagayan de Oro and Casa Mira Homes Gensan. As of September 30, total assets grew 18 percent to up P128.7 billion, boosted by project completions and new land acquisitions, including a 79-hectare township site in Liloan, Cebu.

    With 131 projects across VisMin and a rising base of hotels and offices, CLI is set to close 2025 strong—anchored on resilient demand, disciplined growth, and its vision of building lasting communities.

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