LISTED developer Cebu Landmasters Inc. (CLI) on Tuesday reported strong sales momentum for 2025, which it said was supported by an active project pipeline and rising income streams alongside continued expansion in Visayas-Mindanao and a growing foothold in Luzon.
The company said it had launched more than 4,500 residential units, with combined value of around P31.3 billion across Cebu, Cagayan de Oro, Palawan and General Santos.
Chairman and CEO Jose Soberano III said the company remained focused on expansion while maintaining its mission of delivering quality real estate developments.
“As we deepen our presence in VisMin and enter Luzon, we remain guided by our mission to deliver masterful real estate experiences that uplift lives, and our vision of becoming the country’s most trusted developer,” he added.
Strong take-up was seen in projects such as One Manresa Place in Cagayan de Oro and Casa Mira Homes Gensan, contributing to a 91-percent sell-out rate across completed, ongoing and newly launched developments.
Cebu Landmasters said the performance underscored sustained end-user demand across its core markets.
Recurring income increased, with revenues rising 57 percent to P735 million from P467 million a year earlier.
Hotel revenues jumped 79 percent to P431 million, supported by higher occupancy and expanded room inventory of 797 rooms from 640.
Leasing revenues increased 40 percent to P227 million, driven by a higher gross leasable area of 71,000 square meters from 41,000 square meters, while management fees also posted a 21-percent increase.
The company said it was continuing to diversify its revenue base beyond residential sales, with hospitality and leasing becoming stronger contributors to overall earnings.
Cebu Landmasters also expanded its landbank, including a mixed-use development in Liloan, Cebu, and a 70-hectare property in Dasmariñas, Cavite, its first major entry in Luzon.
The company's share price fell by two centavos to close at P2.50 each on Tuesday.
NAZYLEN JOY MABANGLO
