Cebu Landmasters Inc. is set to resume its project launch program in the second half of the year after addressing regulatory requirements that delayed several developments during the first six months.
The property developer said it has hurdled requirements raised by the Department of Human Settlements and Urban Development as the agency tightens licensing and permitting procedures across the industry.
DHSUD Region 7 Regional Director Mark Anthony Lindugan said several CLI projects in the region received notices of deficiency, or NDRs, because of insufficient documentary submissions and other compliance issues.
“Based on records, the non-issuance of license were associated with various regulatory and compliance concerns, including discrepancies in building permit classifications, the conversion of Temporary Licenses to Sell (TLS) to Regular LS, and pending documentary requirements,” Lindugan said.
“Some projects were likewise issued NDRs due to incomplete submissions, non-compliance with applicable standards or the need for technical rectification and referral back to the concerned Local Government Units,” he added.
Among the CLI projects with pending deficiencies and compliance concerns were North Grove at Pristina Town Towers 1 and 2, Alto Ranudo, Mirani Homes Bogo, and Casa Mira South Phase 4B.3.
CLI said the deferment of several project launches in the first half was primarily due to regulatory requirements that it needed to complete as DHSUD strengthened its licensing and permitting process.
“These requirements have since been hurdled, and CLI is now ready to proceed with its planned launches for the rest of the year,” the company said.
CLI plans to launch 11 projects with more than 5,600 units and an estimated sales value of P25 billion in the coming months. The developments will be rolled out across Cebu, Mactan, Ormoc, Butuan, Davao, and Panglao.
The company said it used the first half to complete documentary requirements and secure the necessary approvals, shifting a significant portion of its launch pipeline into the second half.
CLI President and CEO Jose Franco Soberano said the company supports DHSUD’s efforts to strengthen regulatory compliance, noting that tighter requirements can raise industry standards and promote responsible development.
“CLI, as a whole, will continue to cooperate with the national government’s push to reduce the country’s housing backlog,” the company said.
The cleared pipeline gives CLI an opportunity to regain launch momentum, but the regulatory episode also highlights the increasing scrutiny developers face as government agencies seek to strengthen consumer protection and ensure projects meet licensing and technical requirements before reaching the market.
For CLI, the immediate test is whether the cleared projects can translate into strong sales as the company enters the second half with a substantial inventory pipeline.
