Leading developer in VisMin Cebu Landmasters, Inc. (CLI) closed 2025 on a strong note, posting record residential reservation of PHP24.6 billion, up from PHP16.9 billion the previous year, driven by robust housing demand and sustained take-up across its expanding portfolio.
“Our record sales reflect a clear focus on building where demand is real and delivering on our commitments. Even through periods of volatility, we continue to deliver as planned and build developments that meet market needs and create lasting value for the communities we serve,” CLI SEVP & COO Jose Franco Soberano said.
The listed company’s revenues reached PHP18.5 billion, with net income remaining stable year-on-year. Results were partly shaped by the timing of project completions and revenue recognition, alongside steady construction progress across developments.
With the exclusion of lot sales, CLI real estate sales and related finance income remained the main revenue driver, reaching PHP17.3 billion, up 10 percent from PHP15.8 billion comparable revenue in the year prior. Consolidated net income reached PHP4.03 billion for the year, slightly higher year-on-year, reflecting steady contributions from completed projects and recurring income streams.
Pipeline
Strong sales were backed by an active launch pipeline, with more than 4,500 residential units rolled out during the year, carrying a combined value of around PHP30.3 billion across Cebu, Cagayan de Oro, Palawan, and General Santos.
Projects such as One Manresa Place in Cagayan de Oro and Casa Mira Homes Gensan saw strong take-up days after market launch, helping drive a 91 percent sell-out rate across completed, ongoing, and newly launched developments, underscoring firm end-user demand.
Recurring income streams continued to expand, with revenues from hospitality, leasing, and management fees rising 57 percent to PHP735 million from PHP467 million a year earlier.
Hotel revenues grew 79 percent to PHP431 million, supported by higher occupancy and an expanded room inventory of 797 rooms from 640. Leasing revenues rose 40 percent to PHP227 million.
New markets
CLI continued to strengthen its footprint in VisMin, including developments such as its mixed-use landbank in Liloan, Cebu, while taking a significant step into Luzon.
The company recently secured a 70-hectare property in Dasmariñas, Cavite, marking its first major entry into the Luzon market. The site is expected to support a future township in one of the region’s fastest growing corridors, opening a new phase in CLI’s geographic expansion.
CLI now has 132 projects across residential, office, hotel, co living, co working, mixed use, and township developments in 18 key cities across the Visayas and Mindanao.
CLI Chairman and CEO Jose Soberano III also highlighted, “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.”
