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Pre-owned 1 BR Condo w/ Parking at Madison Park West, BGC
Pre-owned 39 sqm 1 BR Condo w/ Parking at Madison Park West, BGC FOR Sale for only 11.5M!
📍 Madison Park West 7th Avenue corner 36th and 38th Streets North, Bonifacio Global City, Taguig, 1637 Metro Manila, Philippines. 🔹ABOUT THE DEVELOPMENT Madison Park West is a luxury condominium development located in Bonifacio Global City (BGC), Taguig, Philippines. The development is designed to embody a cosmopolitan lifestyle, drawing inspiration from New York City’s Madison Avenue. It aims…
#Affordable Condo#affordable condo in quezon city#commercial properties in cagayan de oro city#condo for sale in las pinas#condo for sale philippins#Condominium#condominium for sale in las pinas#condominium pasig#condominium philippines#foreclose#foreclosures#homes for sale in vancouver#house nd lot in the philippines#jm listings#jm real estate#las pinas condo#las pinas condominium#pasig#pasig city#real esetate pasig#real estate philippines investment#residences#sun residences
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5 Ways Young Professionals Can Save Up For A New Home
In Filipino culture, it is common for families to be tightly knit. Due to this norm, most children stay with their parents unless they decide to move out, get a job in another place, or get married. Most parents also prefer having their children stay to remain close with them and to help them save money. Aside from that, living with parents in the childhood home also gives a feeling of familiarity.
However, some disadvantages may come along with it. Firstly, children, despite being of age, might stay dependent on their parents. Secondly, there are higher chances of arguments within the family especially since the children will learn to have opinions and decisions that might be different from their parents’. Lastly, there will be little to no room for privacy and personal space.
In the Philippines, some young adults have started living on their own despite being fresh out of college and in their early twenties. On the other hand, there are others who are unable to because of financial incapability. Despite having jobs, some are unable to move out because their income may not be enough. There are also other young adults whose salaries and priorities are focused on helping with the bills at home or their siblings’ tuition fees to give back to their parents.
However, these obligations and traditions should not become a hindrance to young adults when it comes to buying a house. Here are some ways young professionals can save up for their own house:
#1 Figure Out How Much You Need Find out how much down payment and other additional charges will cost when first purchasing a home. After doing so, you’ll be able to adjust and gauge how much you need to save every payday.
#2 Keep Track of Expenses It is a good idea always to list down what you’re spending on every day. This will let you see which items and commodities are unnecessary and are costing you a lot.
#3 Save and Be Minimalistic Millennials and young adults are more susceptible to spending more. This is because of the rise of many new brands, gadgets, new restaurants, and fashion trends.
Spending money on these items also becomes more tempting with social media where posting what you recently purchased or how your Instagram feed looks has become synonymous with social status. However, young professionals need to be reminded to focus more on needs and not wants.
Opt for bringing your baon for lunch or eating at your local karenderya instead of eating at fast food chains and expensive restaurants (which are also less healthy than home-made meals). Choose a ten-peso sachet of coffee instead of visiting a coffee shop daily. Avoid buying items that aren’t necessarily needed such as new gadgets, accessories, or shoes.
#4 Make a Budget Plan To help achieve number 3, you can create a budget plan where you tabulate your income, how much you should spend for basic needs, savings for your down payment, and a little bit of extra for yourself. This budget plan should be followed as much as possible so that you don’t overspend or lose track of the necessities that should be paid and prioritized.
#5 Boost Income There are many ways to increase your savings and income, and one of those ways is to make use of free your time for a side-job. While you’re still young and have the energy, use your free time to earn instead of spending every weekend out with your friends, shopping and dining.
You can even search for part-time jobs online. If you have hobbies such as sewing, knitting, painting, or tutoring, you can use your weekends to provide these services to people who need them.
In sum, saving up for a new house should become a choice and a priority for young adults. While you’re still young and are starting to earn your own money, save up because a house is a lifetime investment while additional material objects and trends do not last for long.
In Cagayan de Oro, A Brown Company Inc. specializes in real estate and has houses for sale that are an excellent choice for young professionals. One of these is Ignatius Enclave, Xavier Estates Phase 6. It is located in Upper Balulang and opened this year last June.
The modern home has an upper floor with a master’s bedroom with its own toilet and bath, walk-in closet, and veranda. The top floor also has one additional bedroom. The lower level has an extra bedroom, a toilet and bath, and a dining area with a sliding door that leads to the garden. The home also has its own parking space, and the location is also flood-free, gated, and is accessible to establishments, schools, and churches.
Save up for your own home and make us your optimum choice, visit our website http://www.abrown.ph/ for more information.
#Cagayan de Oro Real Estate#Cagayan de Oro Properties#cagayan de oro real estate houses for sale#Cagayan de Oro House and Lot for Sale#de Oro House and Lot for Sale
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A First-Time Homebuyer's Guide to Buying a Home
We make some pretty significant purchases over the course of our lives that make us a tad bit emotional - that red sports car, a Chanel handbag, or that trip to Europe we’ve always dreamt of. None, however, can ever compare to the roller coaster of emotions of buying a first home.
Our homes represent more than just our financial capabilities; it’s where we experience many firsts, where we find comfort after a long day at work and where we are able to raise a family. A home is more than just four walls and a roof. A home is where you begin a new aspect of your life, and it’s only right to find and choose the right place to start.
Buying a home, however, just doesn’t happen overnight. It requires a lot of time and a tedious but crucial process - and here are 4 basic steps you can take in purchasing your first home:
1. Ask If You’re Ready In many cases, a home is a permanent commitment. It costs a lot more than renting. Once you decide to purchase one, it would be fairly difficult to back out. Ask yourself if you’re ready for a commitment that does not only require time and effort but a substantial amount of money as well.
2. Determine Your Budget Frankly speaking, one can’t purchase a huge house on a shoestring budget. On the other hand, if you spend too much on a house, you won’t be able to address other important needs like daily expenses, emergency savings, or saving up for retirement. You need to consider the actual amount of money you can spend and stick to it. Do not stretch your budget; otherwise, you might end up with a huge pile of debt.
3. Scout for a Loan Getting a loan approved prior to buying a house prevents you from overstepping your budget boundaries. Scout for the best loan offer, and when you find it, you can then start looking for a house.
4. Look for a Good Realtor Find someone who works in your area. These realtors will know the best neighborhoods and specific details like the nearest hospital and what-not. Next is to make sure the realtor is competent. He/she should understand your wants and needs and look for offers that are best suited for you.
Purchasing a home is a major milestone. Consider these steps and avoid first-time home buying mistakes. Be prepared, and help safeguard your finances in the process.
Thus, if you’re looking for Cagayan de Oro real estate houses for sale, let licensed and experienced realtors do the search for you.
Check out one of A Brown Company, Inc.’s projects, Coral Resort Estates, for a glimpse of one of the beautiful developments it has done over the years. For more details, visit their website at http://www.abrown.ph/real-estate/.
#Cagayan de Oro Real Estate#Cagayan de Oro Properties#cagayan de oro real estate houses for sale#Cagayan de Oro House and Lot for Sale
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Cebu developer retains market leadership in VisMin
#PHnews: Cebu developer retains market leadership in VisMin
CEBU CITY – A publicly listed real estate developer has retained its market leadership in Visayas and Mindanao (VisMin) in 2020, according to a recent market study by property consultant Santos Knight Frank (SKF).
The Cebu-based Cebu Landmasters Inc. (CLI) has the largest market share from among real estate firms providing condominium projects and subdivisions in the region.
The study disclosed that CLI accounted for 18,683 units or 12 percent of the available 86,126 units in VisMin, pulling ahead of developers operating nationwide based on third quarter 2020 data.
Its closest rivals were Sta. Lucia Realty and Development and Camella Homes, at 11,897 units and 11,768 units, respectively.
Franco Soberano, executive vice-president and chief operating officer of CLI, on Monday said: “The high sales velocity of our projects even at the height of the lockdowns in key cities verify a deeply felt need especially among VisMin economic and mid-income earners to own their own homes. We intend to continue fulfilling this need in 2021 with 8,000 more units in 15 residential projects in Cebu, Ormoc, Bacolod, Iloilo, Cagayan de Oro and Davao.”
A market study by Leechiu Property Consultants corroborated that the VisMin housing backlog would be at 2.85 million houses by 2022, with an average annual demand of 475,000 new housing units.
Of this number, 200,000 mid and economic housing units are needed per year.
But only a handful of the current top 10 VisMin developers in 2020 are likely to maximize opportunities provided by the mid and economic income segment in 2021 and beyond.
A number of these developers extended project completion and turnover dates due to the pandemic, the study revealed.
Soberano said that by mid-year 2020, CLI’s housing inventory was similarly at risk of being overtaken by strong demand.
But the firm leaned on its strategic relationships with local stakeholders including local government units to minimize delays in planning and construction.
It thus succeeded in rolling out nine new projects with 4,300 units in Bohol, Iloilo, Dumaguete, and Davao.
“The year 2020 opened our eyes further to how high the demand truly is for quality housing in VisMin,” Soberano said, “and we hope to build on our growth momentum to satisfy this great need.” (PNA)
***
References:
* Philippine News Agency. "Cebu developer retains market leadership in VisMin." Philippine News Agency. https://www.pna.gov.ph/articles/1130017 (accessed February 09, 2021 at 03:54AM UTC+14).
* Philippine News Agency. "Cebu developer retains market leadership in VisMin." Archive Today. https://archive.ph/?run=1&url=https://www.pna.gov.ph/articles/1130017 (archived).
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Photo
https://i0.wp.com/www.ceburealestate.com.ph/wp-content/uploads/2017/02/38-Park-Avenue.jpg?fit=1000%2C1099
Jose Soberano III likes to keep it all in the family.
In 2000, he left his post as vice president of an Ayala subsidiary to build his own real estate company, Cebu Landmasters Inc. (CLI).
Soberano is CLI’s president and chief executive officer. His wife, Marose, is the executive vice president for finance. His son Franco is the senior vice president and chief operating officer, while his daughter Joanna Marie is also vice president and marketing director.
But Soberano also considers his employees – all 177 of them – as family.
Even their customers are treated like kin: in the homeowner associations of their residential condominium and village projects, the family sits as board members so that they can stay abreast of their customers’ needs and concerns. CLI also has an in-house customer care and property management team to maintain customer satisfaction, during, and after turnover.
As the company gears up for aggressive expansion in the Visayas and Mindanao (VisMin) region this year, Soberano’s family will grow even bigger.
And since CLI is eyeing an initial public offering (IPO) in the Philippine Stock Exchange (PSE) next month, soon, the public can be part of Soberano’s financial growth, too.
Homegrown success
Though his company is only 13 years old, Soberano is a veteran in the VisMin real esate scene. He has three decades of experience in the property industry, including 23 years with the Ayala Group. He was part of the team that built Ayala’s Cebu Holdings, Inc. (CHI).
In 2016, CLI’s sales reached P2.17 billion, a 41% increase from 2015. Net income was at P702 million, higher by 30% from the previous year.
In 2003, he founded Cebu Landmasters. His first project was a village in Balamban town, for employees of a Japanese shipbuilding company. The houses sold out very well and Soberano replicated his success in other cities in the countryside of Cebu. Economic housing became CLI’s flagship development.
But Soberano didn’t stop there, and in 2010, CLI began venturing into vertical projects in Cebu City’s premiere business and residential districts. Aside from condominiums, CLI has also built office and mixed use properties, and even struck a hotel partnership deal with Ascott.
Majority of their residential projects are sold out within 12 months, some even selling out within a few months. Now, CLI has 11% market share and is Cebu’s top local developer next to Ayala Land.
In 2016, CLI’s sales reached P2.17 billion, a 41% increase from 2015. Net income was at P702 million, higher by 30% from the previous year.
The company has already 28 completed and ongoing projects under its belt in Cebu, Cagayan de Oro and Davao. Cebu Landmasters is also investing P12 billion in 14 additional residential and commercial projects that will be launched not just in key cities like Cebu, Davao, and Cagayan De Oro, but in also in Iloilo, Bacolod, and Dumaguete.
Soberano is confident about CLI’s success in these ventures. Since CLI is a homegrown company, they are deeply familiar with the needs and wants of their market: the price point, connections, partnerships and the buyers.
“We feel that these are places in VisMin with strong potentials and where there is need for more housing,” Soberano said. Global services firm PwC has identified Iloilo, Cebu, Bacolod, and Davao as some of VisMin’s “investment hotspots,” where real estate will be a key driver in economic growth.
VisMin makes up about 27.3% of the Philippine’s annual gross domestic product (GDP). The influx of tourists and BPO companies in the region is creating a need for more commercial and mixed-use developments.
The spike in OFW remittances since last year is also expected to increase demand for good value housing across the country.
‘We build with you in mind’
Last year, CLI revamped its tagline, “we build with you mind.” It mirrors their promise to always deliver value for money for their clients.
The company’s core strengths are its local roots and hands-on approach to real estate. They’re familiar with the exact needs and wants of their customers. They’re known for always completing projects on time.
They’re also better positioned to get the best deals from the region’s top players. Because CLI is a trusted joint venture partner of prime landowners in VisMin, they can build projects that are never more than 2km away from a main road.
But even now that CLI is a multimillion-peso company, Soberano still adds his personal touch to the company and treats it like a family business.
He’s never missing in the company’s activities. He is on top of the selection and visits for land prospects and is always present in community talks, groundbreakings, launches, and even press briefings. He hopes to lead by example and encourages his family and employees to embrace the same values.
His vision is for CLI to become the most preferred developer in VisMin, not just in the residential and commercial segment, but also in the hospitality industry.
To fund the expansion, he is now welcoming the public to his family.
Cebu Landmasters intends to be the first homegrown Cebuano developer to be publicly listed in the PSE. The company has filed an application with the Securities and Exchange Commission (SEC) to sell up to 580 million common shares through an initial public offering, targeted to be available by May. The SEC has granted CLI approval last April 20.
The company plans to raise P3.8 billion from sold shares, which will be priced up to P6.65 per unit. – Rappler.com
38 Park Avenue in Cebu, Cebu Land Masters, Cebu Landmasters http://www.ceburealestate.com.ph/how-a-family-business-became-cebus-top-local-developer/
0 notes
Photo
https://i0.wp.com/www.ceburealestate.com.ph/wp-content/uploads/2017/02/38-Park-Avenue.jpg?fit=1000%2C1099
Jose Soberano III likes to keep it all in the family.
In 2000, he left his post as vice president of an Ayala subsidiary to build his own real estate company, Cebu Landmasters Inc. (CLI).
Soberano is CLI’s president and chief executive officer. His wife, Marose, is the executive vice president for finance. His son Franco is the senior vice president and chief operating officer, while his daughter Joanna Marie is also vice president and marketing director.
But Soberano also considers his employees – all 177 of them – as family.
Even their customers are treated like kin: in the homeowner associations of their residential condominium and village projects, the family sits as board members so that they can stay abreast of their customers’ needs and concerns. CLI also has an in-house customer care and property management team to maintain customer satisfaction, during, and after turnover.
As the company gears up for aggressive expansion in the Visayas and Mindanao (VisMin) region this year, Soberano’s family will grow even bigger.
And since CLI is eyeing an initial public offering (IPO) in the Philippine Stock Exchange (PSE) next month, soon, the public can be part of Soberano’s financial growth, too.
Homegrown success
Though his company is only 13 years old, Soberano is a veteran in the VisMin real esate scene. He has three decades of experience in the property industry, including 23 years with the Ayala Group. He was part of the team that built Ayala’s Cebu Holdings, Inc. (CHI).
In 2016, CLI’s sales reached P2.17 billion, a 41% increase from 2015. Net income was at P702 million, higher by 30% from the previous year.
In 2003, he founded Cebu Landmasters. His first project was a village in Balamban town, for employees of a Japanese shipbuilding company. The houses sold out very well and Soberano replicated his success in other cities in the countryside of Cebu. Economic housing became CLI’s flagship development.
But Soberano didn’t stop there, and in 2010, CLI began venturing into vertical projects in Cebu City’s premiere business and residential districts. Aside from condominiums, CLI has also built office and mixed use properties, and even struck a hotel partnership deal with Ascott.
Majority of their residential projects are sold out within 12 months, some even selling out within a few months. Now, CLI has 11% market share and is Cebu’s top local developer next to Ayala Land.
In 2016, CLI’s sales reached P2.17 billion, a 41% increase from 2015. Net income was at P702 million, higher by 30% from the previous year.
The company has already 28 completed and ongoing projects under its belt in Cebu, Cagayan de Oro and Davao. Cebu Landmasters is also investing P12 billion in 14 additional residential and commercial projects that will be launched not just in key cities like Cebu, Davao, and Cagayan De Oro, but in also in Iloilo, Bacolod, and Dumaguete.
Soberano is confident about CLI’s success in these ventures. Since CLI is a homegrown company, they are deeply familiar with the needs and wants of their market: the price point, connections, partnerships and the buyers.
“We feel that these are places in VisMin with strong potentials and where there is need for more housing,” Soberano said. Global services firm PwC has identified Iloilo, Cebu, Bacolod, and Davao as some of VisMin’s “investment hotspots,” where real estate will be a key driver in economic growth.
VisMin makes up about 27.3% of the Philippine’s annual gross domestic product (GDP). The influx of tourists and BPO companies in the region is creating a need for more commercial and mixed-use developments.
The spike in OFW remittances since last year is also expected to increase demand for good value housing across the country.
‘We build with you in mind’
Last year, CLI revamped its tagline, “we build with you mind.” It mirrors their promise to always deliver value for money for their clients.
The company’s core strengths are its local roots and hands-on approach to real estate. They’re familiar with the exact needs and wants of their customers. They’re known for always completing projects on time.
They’re also better positioned to get the best deals from the region’s top players. Because CLI is a trusted joint venture partner of prime landowners in VisMin, they can build projects that are never more than 2km away from a main road.
But even now that CLI is a multimillion-peso company, Soberano still adds his personal touch to the company and treats it like a family business.
He’s never missing in the company’s activities. He is on top of the selection and visits for land prospects and is always present in community talks, groundbreakings, launches, and even press briefings. He hopes to lead by example and encourages his family and employees to embrace the same values.
His vision is for CLI to become the most preferred developer in VisMin, not just in the residential and commercial segment, but also in the hospitality industry.
To fund the expansion, he is now welcoming the public to his family.
Cebu Landmasters intends to be the first homegrown Cebuano developer to be publicly listed in the PSE. The company has filed an application with the Securities and Exchange Commission (SEC) to sell up to 580 million common shares through an initial public offering, targeted to be available by May. The SEC has granted CLI approval last April 20.
The company plans to raise P3.8 billion from sold shares, which will be priced up to P6.65 per unit. – Rappler.com
38 Park Avenue in Cebu, Cebu Land Masters, Cebu Landmasters http://www.ceburealestate.com.ph/how-a-family-business-became-cebus-top-local-developer/
0 notes
Photo
https://i0.wp.com/www.ceburealestate.com.ph/wp-content/uploads/2017/02/38-Park-Avenue.jpg?fit=1000%2C1099
Jose Soberano III likes to keep it all in the family.
In 2000, he left his post as vice president of an Ayala subsidiary to build his own real estate company, Cebu Landmasters Inc. (CLI).
Soberano is CLI’s president and chief executive officer. His wife, Marose, is the executive vice president for finance. His son Franco is the senior vice president and chief operating officer, while his daughter Joanna Marie is also vice president and marketing director.
But Soberano also considers his employees – all 177 of them – as family.
Even their customers are treated like kin: in the homeowner associations of their residential condominium and village projects, the family sits as board members so that they can stay abreast of their customers’ needs and concerns. CLI also has an in-house customer care and property management team to maintain customer satisfaction, during, and after turnover.
As the company gears up for aggressive expansion in the Visayas and Mindanao (VisMin) region this year, Soberano’s family will grow even bigger.
And since CLI is eyeing an initial public offering (IPO) in the Philippine Stock Exchange (PSE) next month, soon, the public can be part of Soberano’s financial growth, too.
Homegrown success
Though his company is only 13 years old, Soberano is a veteran in the VisMin real esate scene. He has three decades of experience in the property industry, including 23 years with the Ayala Group. He was part of the team that built Ayala’s Cebu Holdings, Inc. (CHI).
In 2016, CLI’s sales reached P2.17 billion, a 41% increase from 2015. Net income was at P702 million, higher by 30% from the previous year.
In 2003, he founded Cebu Landmasters. His first project was a village in Balamban town, for employees of a Japanese shipbuilding company. The houses sold out very well and Soberano replicated his success in other cities in the countryside of Cebu. Economic housing became CLI’s flagship development.
But Soberano didn’t stop there, and in 2010, CLI began venturing into vertical projects in Cebu City’s premiere business and residential districts. Aside from condominiums, CLI has also built office and mixed use properties, and even struck a hotel partnership deal with Ascott.
Majority of their residential projects are sold out within 12 months, some even selling out within a few months. Now, CLI has 11% market share and is Cebu’s top local developer next to Ayala Land.
In 2016, CLI’s sales reached P2.17 billion, a 41% increase from 2015. Net income was at P702 million, higher by 30% from the previous year.
The company has already 28 completed and ongoing projects under its belt in Cebu, Cagayan de Oro and Davao. Cebu Landmasters is also investing P12 billion in 14 additional residential and commercial projects that will be launched not just in key cities like Cebu, Davao, and Cagayan De Oro, but in also in Iloilo, Bacolod, and Dumaguete.
Soberano is confident about CLI’s success in these ventures. Since CLI is a homegrown company, they are deeply familiar with the needs and wants of their market: the price point, connections, partnerships and the buyers.
“We feel that these are places in VisMin with strong potentials and where there is need for more housing,” Soberano said. Global services firm PwC has identified Iloilo, Cebu, Bacolod, and Davao as some of VisMin’s “investment hotspots,” where real estate will be a key driver in economic growth.
VisMin makes up about 27.3% of the Philippine’s annual gross domestic product (GDP). The influx of tourists and BPO companies in the region is creating a need for more commercial and mixed-use developments.
The spike in OFW remittances since last year is also expected to increase demand for good value housing across the country.
‘We build with you in mind’
Last year, CLI revamped its tagline, “we build with you mind.” It mirrors their promise to always deliver value for money for their clients.
The company’s core strengths are its local roots and hands-on approach to real estate. They’re familiar with the exact needs and wants of their customers. They’re known for always completing projects on time.
They’re also better positioned to get the best deals from the region’s top players. Because CLI is a trusted joint venture partner of prime landowners in VisMin, they can build projects that are never more than 2km away from a main road.
But even now that CLI is a multimillion-peso company, Soberano still adds his personal touch to the company and treats it like a family business.
He’s never missing in the company’s activities. He is on top of the selection and visits for land prospects and is always present in community talks, groundbreakings, launches, and even press briefings. He hopes to lead by example and encourages his family and employees to embrace the same values.
His vision is for CLI to become the most preferred developer in VisMin, not just in the residential and commercial segment, but also in the hospitality industry.
To fund the expansion, he is now welcoming the public to his family.
Cebu Landmasters intends to be the first homegrown Cebuano developer to be publicly listed in the PSE. The company has filed an application with the Securities and Exchange Commission (SEC) to sell up to 580 million common shares through an initial public offering, targeted to be available by May. The SEC has granted CLI approval last April 20.
The company plans to raise P3.8 billion from sold shares, which will be priced up to P6.65 per unit. – Rappler.com
38 Park Avenue in Cebu, Cebu Land Masters, Cebu Landmasters http://www.ceburealestate.com.ph/how-a-family-business-became-cebus-top-local-developer/
0 notes
Photo
https://i0.wp.com/www.ceburealestate.com.ph/wp-content/uploads/2017/02/38-Park-Avenue.jpg?fit=1000%2C1099
Jose Soberano III likes to keep it all in the family.
In 2000, he left his post as vice president of an Ayala subsidiary to build his own real estate company, Cebu Landmasters Inc. (CLI).
Soberano is CLI’s president and chief executive officer. His wife, Marose, is the executive vice president for finance. His son Franco is the senior vice president and chief operating officer, while his daughter Joanna Marie is also vice president and marketing director.
But Soberano also considers his employees – all 177 of them – as family.
Even their customers are treated like kin: in the homeowner associations of their residential condominium and village projects, the family sits as board members so that they can stay abreast of their customers’ needs and concerns. CLI also has an in-house customer care and property management team to maintain customer satisfaction, during, and after turnover.
As the company gears up for aggressive expansion in the Visayas and Mindanao (VisMin) region this year, Soberano’s family will grow even bigger.
And since CLI is eyeing an initial public offering (IPO) in the Philippine Stock Exchange (PSE) next month, soon, the public can be part of Soberano’s financial growth, too.
Homegrown success
Though his company is only 13 years old, Soberano is a veteran in the VisMin real esate scene. He has three decades of experience in the property industry, including 23 years with the Ayala Group. He was part of the team that built Ayala’s Cebu Holdings, Inc. (CHI).
In 2016, CLI’s sales reached P2.17 billion, a 41% increase from 2015. Net income was at P702 million, higher by 30% from the previous year.
In 2003, he founded Cebu Landmasters. His first project was a village in Balamban town, for employees of a Japanese shipbuilding company. The houses sold out very well and Soberano replicated his success in other cities in the countryside of Cebu. Economic housing became CLI’s flagship development.
But Soberano didn’t stop there, and in 2010, CLI began venturing into vertical projects in Cebu City’s premiere business and residential districts. Aside from condominiums, CLI has also built office and mixed use properties, and even struck a hotel partnership deal with Ascott.
Majority of their residential projects are sold out within 12 months, some even selling out within a few months. Now, CLI has 11% market share and is Cebu’s top local developer next to Ayala Land.
In 2016, CLI’s sales reached P2.17 billion, a 41% increase from 2015. Net income was at P702 million, higher by 30% from the previous year.
The company has already 28 completed and ongoing projects under its belt in Cebu, Cagayan de Oro and Davao. Cebu Landmasters is also investing P12 billion in 14 additional residential and commercial projects that will be launched not just in key cities like Cebu, Davao, and Cagayan De Oro, but in also in Iloilo, Bacolod, and Dumaguete.
Soberano is confident about CLI’s success in these ventures. Since CLI is a homegrown company, they are deeply familiar with the needs and wants of their market: the price point, connections, partnerships and the buyers.
“We feel that these are places in VisMin with strong potentials and where there is need for more housing,” Soberano said. Global services firm PwC has identified Iloilo, Cebu, Bacolod, and Davao as some of VisMin’s “investment hotspots,” where real estate will be a key driver in economic growth.
VisMin makes up about 27.3% of the Philippine’s annual gross domestic product (GDP). The influx of tourists and BPO companies in the region is creating a need for more commercial and mixed-use developments.
The spike in OFW remittances since last year is also expected to increase demand for good value housing across the country.
‘We build with you in mind’
Last year, CLI revamped its tagline, “we build with you mind.” It mirrors their promise to always deliver value for money for their clients.
The company’s core strengths are its local roots and hands-on approach to real estate. They’re familiar with the exact needs and wants of their customers. They’re known for always completing projects on time.
They’re also better positioned to get the best deals from the region’s top players. Because CLI is a trusted joint venture partner of prime landowners in VisMin, they can build projects that are never more than 2km away from a main road.
But even now that CLI is a multimillion-peso company, Soberano still adds his personal touch to the company and treats it like a family business.
He’s never missing in the company’s activities. He is on top of the selection and visits for land prospects and is always present in community talks, groundbreakings, launches, and even press briefings. He hopes to lead by example and encourages his family and employees to embrace the same values.
His vision is for CLI to become the most preferred developer in VisMin, not just in the residential and commercial segment, but also in the hospitality industry.
To fund the expansion, he is now welcoming the public to his family.
Cebu Landmasters intends to be the first homegrown Cebuano developer to be publicly listed in the PSE. The company has filed an application with the Securities and Exchange Commission (SEC) to sell up to 580 million common shares through an initial public offering, targeted to be available by May. The SEC has granted CLI approval last April 20.
The company plans to raise P3.8 billion from sold shares, which will be priced up to P6.65 per unit. – Rappler.com
38 Park Avenue in Cebu, Cebu Land Masters, Cebu Landmasters http://www.ceburealestate.com.ph/how-a-family-business-became-cebus-top-local-developer/
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https://i0.wp.com/www.ceburealestate.com.ph/wp-content/uploads/2017/02/38-Park-Avenue.jpg?fit=1000%2C1099
Jose Soberano III likes to keep it all in the family.
In 2000, he left his post as vice president of an Ayala subsidiary to build his own real estate company, Cebu Landmasters Inc. (CLI).
Soberano is CLI’s president and chief executive officer. His wife, Marose, is the executive vice president for finance. His son Franco is the senior vice president and chief operating officer, while his daughter Joanna Marie is also vice president and marketing director.
But Soberano also considers his employees – all 177 of them – as family.
Even their customers are treated like kin: in the homeowner associations of their residential condominium and village projects, the family sits as board members so that they can stay abreast of their customers’ needs and concerns. CLI also has an in-house customer care and property management team to maintain customer satisfaction, during, and after turnover.
As the company gears up for aggressive expansion in the Visayas and Mindanao (VisMin) region this year, Soberano’s family will grow even bigger.
And since CLI is eyeing an initial public offering (IPO) in the Philippine Stock Exchange (PSE) next month, soon, the public can be part of Soberano’s financial growth, too.
Homegrown success
Though his company is only 13 years old, Soberano is a veteran in the VisMin real esate scene. He has three decades of experience in the property industry, including 23 years with the Ayala Group. He was part of the team that built Ayala’s Cebu Holdings, Inc. (CHI).
In 2016, CLI’s sales reached P2.17 billion, a 41% increase from 2015. Net income was at P702 million, higher by 30% from the previous year.
In 2003, he founded Cebu Landmasters. His first project was a village in Balamban town, for employees of a Japanese shipbuilding company. The houses sold out very well and Soberano replicated his success in other cities in the countryside of Cebu. Economic housing became CLI’s flagship development.
But Soberano didn’t stop there, and in 2010, CLI began venturing into vertical projects in Cebu City’s premiere business and residential districts. Aside from condominiums, CLI has also built office and mixed use properties, and even struck a hotel partnership deal with Ascott.
Majority of their residential projects are sold out within 12 months, some even selling out within a few months. Now, CLI has 11% market share and is Cebu’s top local developer next to Ayala Land.
In 2016, CLI’s sales reached P2.17 billion, a 41% increase from 2015. Net income was at P702 million, higher by 30% from the previous year.
The company has already 28 completed and ongoing projects under its belt in Cebu, Cagayan de Oro and Davao. Cebu Landmasters is also investing P12 billion in 14 additional residential and commercial projects that will be launched not just in key cities like Cebu, Davao, and Cagayan De Oro, but in also in Iloilo, Bacolod, and Dumaguete.
Soberano is confident about CLI’s success in these ventures. Since CLI is a homegrown company, they are deeply familiar with the needs and wants of their market: the price point, connections, partnerships and the buyers.
“We feel that these are places in VisMin with strong potentials and where there is need for more housing,” Soberano said. Global services firm PwC has identified Iloilo, Cebu, Bacolod, and Davao as some of VisMin’s “investment hotspots,” where real estate will be a key driver in economic growth.
VisMin makes up about 27.3% of the Philippine’s annual gross domestic product (GDP). The influx of tourists and BPO companies in the region is creating a need for more commercial and mixed-use developments.
The spike in OFW remittances since last year is also expected to increase demand for good value housing across the country.
‘We build with you in mind’
Last year, CLI revamped its tagline, “we build with you mind.” It mirrors their promise to always deliver value for money for their clients.
The company’s core strengths are its local roots and hands-on approach to real estate. They’re familiar with the exact needs and wants of their customers. They’re known for always completing projects on time.
They’re also better positioned to get the best deals from the region’s top players. Because CLI is a trusted joint venture partner of prime landowners in VisMin, they can build projects that are never more than 2km away from a main road.
But even now that CLI is a multimillion-peso company, Soberano still adds his personal touch to the company and treats it like a family business.
He’s never missing in the company’s activities. He is on top of the selection and visits for land prospects and is always present in community talks, groundbreakings, launches, and even press briefings. He hopes to lead by example and encourages his family and employees to embrace the same values.
His vision is for CLI to become the most preferred developer in VisMin, not just in the residential and commercial segment, but also in the hospitality industry.
To fund the expansion, he is now welcoming the public to his family.
Cebu Landmasters intends to be the first homegrown Cebuano developer to be publicly listed in the PSE. The company has filed an application with the Securities and Exchange Commission (SEC) to sell up to 580 million common shares through an initial public offering, targeted to be available by May. The SEC has granted CLI approval last April 20.
The company plans to raise P3.8 billion from sold shares, which will be priced up to P6.65 per unit. – Rappler.com
38 Park Avenue in Cebu, Cebu Land Masters, Cebu Landmasters http://www.ceburealestate.com.ph/how-a-family-business-became-cebus-top-local-developer/
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Foreclosed Studio 1529 The Linear Makati
Own a Makati studio condo for less! This foreclosed unit (24 sqm) at The Linear awaits. 15th floor, great amenities. Cash or Bank Financing. Viewing by appointment (3 days' notice). Contact JM Listings: +63968-649-9260
📍 Unit No. U1529, 15/F, Tower 2A, The Linear, corner of Malugay and Mayapis Sts., Brgy. San Antonio Village, Makati City 🔹ABOUT THE DEVELOPMENT The Linear Makati is a prominent mixed-use development located in the heart of Makati City, specifically at the corner of Mayapis, Malugay, and Yakal Streets in Barangay San Antonio. Developed by Filinvest Land, this project consists of two 24-story…
#Affordable Condo#affordable condo in quezon city#commercial properties in cagayan de oro city#condo for sale in las pinas#condo for sale philippins#Condominium#condominium for sale in las pinas#condominium pasig#condominium philippines#foreclose#foreclosures#homes for sale in vancouver#house nd lot in the philippines#jm listings#jm real estate#las pinas condo#las pinas condominium#pasig#pasig city#real esetate pasig#real estate philippines investment#residences#sun residences
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Photo
https://i0.wp.com/www.ceburealestate.com.ph/wp-content/uploads/2017/02/38-Park-Avenue.jpg?fit=1000%2C1099
Jose Soberano III likes to keep it all in the family.
In 2000, he left his post as vice president of an Ayala subsidiary to build his own real estate company, Cebu Landmasters Inc. (CLI).
Soberano is CLI’s president and chief executive officer. His wife, Marose, is the executive vice president for finance. His son Franco is the senior vice president and chief operating officer, while his daughter Joanna Marie is also vice president and marketing director.
But Soberano also considers his employees – all 177 of them – as family.
Even their customers are treated like kin: in the homeowner associations of their residential condominium and village projects, the family sits as board members so that they can stay abreast of their customers’ needs and concerns. CLI also has an in-house customer care and property management team to maintain customer satisfaction, during, and after turnover.
As the company gears up for aggressive expansion in the Visayas and Mindanao (VisMin) region this year, Soberano’s family will grow even bigger.
And since CLI is eyeing an initial public offering (IPO) in the Philippine Stock Exchange (PSE) next month, soon, the public can be part of Soberano’s financial growth, too.
Homegrown success
Though his company is only 13 years old, Soberano is a veteran in the VisMin real esate scene. He has three decades of experience in the property industry, including 23 years with the Ayala Group. He was part of the team that built Ayala’s Cebu Holdings, Inc. (CHI).
In 2016, CLI’s sales reached P2.17 billion, a 41% increase from 2015. Net income was at P702 million, higher by 30% from the previous year.
In 2003, he founded Cebu Landmasters. His first project was a village in Balamban town, for employees of a Japanese shipbuilding company. The houses sold out very well and Soberano replicated his success in other cities in the countryside of Cebu. Economic housing became CLI’s flagship development.
But Soberano didn’t stop there, and in 2010, CLI began venturing into vertical projects in Cebu City’s premiere business and residential districts. Aside from condominiums, CLI has also built office and mixed use properties, and even struck a hotel partnership deal with Ascott.
Majority of their residential projects are sold out within 12 months, some even selling out within a few months. Now, CLI has 11% market share and is Cebu’s top local developer next to Ayala Land.
In 2016, CLI’s sales reached P2.17 billion, a 41% increase from 2015. Net income was at P702 million, higher by 30% from the previous year.
The company has already 28 completed and ongoing projects under its belt in Cebu, Cagayan de Oro and Davao. Cebu Landmasters is also investing P12 billion in 14 additional residential and commercial projects that will be launched not just in key cities like Cebu, Davao, and Cagayan De Oro, but in also in Iloilo, Bacolod, and Dumaguete.
Soberano is confident about CLI’s success in these ventures. Since CLI is a homegrown company, they are deeply familiar with the needs and wants of their market: the price point, connections, partnerships and the buyers.
“We feel that these are places in VisMin with strong potentials and where there is need for more housing,” Soberano said. Global services firm PwC has identified Iloilo, Cebu, Bacolod, and Davao as some of VisMin’s “investment hotspots,” where real estate will be a key driver in economic growth.
VisMin makes up about 27.3% of the Philippine’s annual gross domestic product (GDP). The influx of tourists and BPO companies in the region is creating a need for more commercial and mixed-use developments.
The spike in OFW remittances since last year is also expected to increase demand for good value housing across the country.
‘We build with you in mind’
Last year, CLI revamped its tagline, “we build with you mind.” It mirrors their promise to always deliver value for money for their clients.
The company’s core strengths are its local roots and hands-on approach to real estate. They’re familiar with the exact needs and wants of their customers. They’re known for always completing projects on time.
They’re also better positioned to get the best deals from the region’s top players. Because CLI is a trusted joint venture partner of prime landowners in VisMin, they can build projects that are never more than 2km away from a main road.
But even now that CLI is a multimillion-peso company, Soberano still adds his personal touch to the company and treats it like a family business.
He’s never missing in the company’s activities. He is on top of the selection and visits for land prospects and is always present in community talks, groundbreakings, launches, and even press briefings. He hopes to lead by example and encourages his family and employees to embrace the same values.
His vision is for CLI to become the most preferred developer in VisMin, not just in the residential and commercial segment, but also in the hospitality industry.
To fund the expansion, he is now welcoming the public to his family.
Cebu Landmasters intends to be the first homegrown Cebuano developer to be publicly listed in the PSE. The company has filed an application with the Securities and Exchange Commission (SEC) to sell up to 580 million common shares through an initial public offering, targeted to be available by May. The SEC has granted CLI approval last April 20.
The company plans to raise P3.8 billion from sold shares, which will be priced up to P6.65 per unit. – Rappler.com
38 Park Avenue in Cebu, Cebu Land Masters, Cebu Landmasters http://www.ceburealestate.com.ph/how-a-family-business-became-cebus-top-local-developer/
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Living Within The City
There is a demand for more homes in Cagayan de Oro as a result of the economy’s growth. Jobseekers and entrepreneurs alike are coming to the city in search of better opportunities.
This has given rise to the number of real estate properties in the city. Cagayan de Oro Realty provides these individuals accessible houses for sale in CDO from Pontefino Estates’ latest subdivision project, St. Francis Heights! - cagayandeororealty.com
#House and lot for sale in Cagayan de oro city#Single detach house for sale in cdo#House for rent in cdo#Affordable house for sale in cdo#Low cost housing in cdo#v#Cagayan de oro real estate properties#Low cost condo in cdo#Affordable townhouse in cdo
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5 Features of the Modern Minimalist Home
They say that home is where the heart is. This is true to some extent as the home is where the family resides.
It is also where we spend much of our time to rest after a long day at school or at work. That’s why we always say we can’t wait to go home after a long and exhausting day.
We also feel safest when we are at home because of our family and our personal space surround us. We also look forward to coming home because it is where our belongings are too.
However, having too many items and less space in our home can get quite annoying, and we might end up hating our area instead of enjoying it. Hence, getting a home that maximizes and adequately utilizes space should be a priority for families, both old and new.
Home designs are just like fashion. They change according to what’s trending and according to what’s needed.
Nowadays, minimalist home designs are what’s in, and space has been made an essential aspect for homes these days. This means that less furniture is being more preferred inside the house.
Due to this trend, many pieces of furniture have also been designed to be easily movable, foldable, and usable for other purposes. All in all, the modern home only has furniture and items that are needed and designs that are more timeless.
Furthermore, the modern home also has these features:
#1 Simple Form Modern homes are mostly square, and rectangle spaces and upper floors are stacked above the levels below.
#2 Open and Light Most modern homes have large glass windows that easily let the light inside in areas such as the kitchen, living room, and doors towards the terraces. Matted glass is then usually installed in more private areas such as bedrooms and bathrooms.
#3 Wooden and Marble Textures with Neutral Colors A lot of modern homes have wooden or marble texture finish on their items of furniture such as kitchen cabinets and drawers. These elements can also be found by the staircases and in the walls of the living room.
These elements are then finished in neutral colors such as white, black, brown, or grey which are definitely timeless and will most likely still look visually pleasing in future trends. These kinds of textures and colors can also be easily matched with any color of furniture and other home items.
#4 Bare Floors Modern homes usually forego carpets and floor coverings since these can be very hard to clean. They can also be quite expensive especially when you plan on covering the entire floor of your home.
However, bare floors are so much easier to clean and easily match your home’s overall aesthetic. With carpeted floors, you have to find the perfect color and pattern that won’t clash with your home’s design. Bare floors in modern homes are usually made of polished hardwood, marble, or tiles.
#5 Contemporary Exterior Details You might have noticed that a lot of old homes have gates and pillars that are grandiose with their floral or swirling patterns. Others even have large cursive letters of the family’s last name initials on their gates and fences.
However, modern minimalist homes do not usually incorporate these kinds of features. Instead, they make use of horizontal or vertical pillars that are painted in neutral colors.
All in all, the modern and minimalist home design is suitable for new families and old families who wish to start anew with a new home.
In Cagayan de Oro City, there are new, modern and minimalist properties with these features from A Brown Company, Inc. We are a company that specializes in real estate developments that are also nature-themed and follows the concept of a well-planned integrated community. We are also the company behind the development of Xavier Estates, Xavier Estates Phase V-B, Teakwood Hills, and Coral Resort Estates in Northern Mindanao. Additionally, our properties are picturesque, heavily guarded, highly elevated and flood-free, filled with greenery, parks and playgrounds, and are near major establishments. Get your own modern and minimalist home, find out what we have to offer you here http://www.abrown.ph/.
#Cagayan de Oro Real Estate#cagayan de oro properties#cagayan de oro real estate houses for sale#Cagayan de Oro House and Lot for Sale#de Oro House and Lot for Sale
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Enjoy the Real Comfort of Your First Home
A home is a place where you find comfort and affection. The very structure or the building itself doesn’t make a home; it is the people who live in it and truly love and care for each other who make your house a home. However, the structure still constitutes a great part in the making of a home. It is, therefore, one of the most important reasons why it has to be done excellently.
In the Philippines, particularly in the city of Cagayan de Oro, you can have several options for choosing a home depending on your budget and your lifestyle. This is especially true if you are buying your first home.
That being said, for those first-time home buyers out there looking for the perfect house, here are a couple of tips to help you out.
Know Exactly How Much You Can Afford and Where You Want to Live
As a first-time home buyer, you might be overwhelmed with the many great home options you can possibly choose, but if they do not fit your budget, then you need to think again. Remember, while a home is an investment, you also have other financial obligations that you should not compromise. By being able to determine the exact amount that you are willing to pay for your home, you can save yourself from the possibility of having financial difficulties in the future.
You should also consider the location of your home as this will be the place where you will be starting your family or where your children will be growing up. Your choice can often be heavily dependent on how much you can spend for your home. If your finances allow you to live in a high-end subdivision, then that is great! However, if you have a limited budget, then you can opt for a less expensive one that still assures you of a safe and decent environment. Moreover, there are many affordable homes that are in good areas and offer the convenience you need, so just be patient in finding the one that is right for you.
Look for a Reliable Developer and Good Financing Options
It is important for your home developer to have already been in the business for quite some time, and has already proven their worth. This is to ensure that you won’t just be wasting your money.
You can also find a government agency that can assist you with your needs for financing, as this can make buying your home less stressful and more exciting.
When you are contemplating buying your first home in Cagayan de Oro City, you can check out Ventura Residences. It provides affordable homes that are good for starter families, and it offers the amenities of a high-end subdivision since it is located inside the premises of Xavier Estates. It is also owned and developed by A Brown Company, the provider of excellent Cagayan de Oro properties and ideal homes in some areas in Northern Mindanao. Know more about them by visiting their website at http://www.abrown.ph/real-estate/.
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Property developer exec hopeful on hitting 10% revenue goal
#PHnews: Property developer exec hopeful on hitting 10% revenue goal
MANILA – An official of Cebu Landmasters Inc. (CLI) remains optimistic about a 10-percent revenue jump this 2020 amidst the pandemic, saying construction works in its various projects continued even during the quarantine period.
In a virtual briefing Monday, CLI executive vice president and chief operating officer Jose Franco Soberano said the company turned over several projects in recent months as they resumed construction works by about 90 to 100 percent after quarantine measures were eased.
“We are on-track to hit our year-end guidance, which we provided in the second quarter, of plus or minus 10 percent versus last year’s performance,” he said.
Last year, the Cebu-based real estate developer reported a 21-percent rise in net income to PHP2.01 billion, surpassing its PHP2-billion target.
As of end-September this year, the company reported a net income of PHP1.5 billion.
Total revenues reached PHP5.709 billion, lower than the PHP5.947 billion in the same period last year, which Soberano said is “not unique” for the company given the impact of the pandemic.
He said they have remaining projects to be launched this quarter and these are already in the final part of regulatory compliance.
For 2021, Soberano said they plan to launch about 13 to 15 projects since most of their current projects are already 90 to 100 percent sold.
“Real estate is in a position to bounce back strongly,” he said, citing CLI’s capacity to hit record sales in the first nine months this year despite the pandemic.
During the same event, CLI director Beauregard Grant Cheng said the company is still faring well amidst the challenging environment.
“While Cebu Landmasters was affected just like everyone else in the industry during the pandemic, in terms of the slowdown in our performance, you can see that we still performed relatively well,” he said, attributing this to the company’s ability to “navigate the local regulatory environment.”
Based on market segment, the company’s mid-market projects accounted for the bulk of the sales in the third quarter at 40 percent, followed by the economic sector, high-end, and the socialized housing projects.
By location, projects in Cebu remain the major driver with a share of 50 percent followed by those from Cagayan de Oro, Bacolod, Davao, Dumaguete, Iloilo, and Bohol.
Cheng said reservation sales gave a big boost on the company’s revenues, especially those coming from the Casa Mira Iloilo, Velmiro Greens Bohol, and Casa Mira Towers Mandaue.
He is optimistic about surpassing their 2019 reservation sales given the robust business this year.
The company’s total assets as of end-September this year amounted to PHP48.18 billion, higher than the PHP38.28 billion in end-December 2019.
Liabilities increased to PHP34.01 billion from end-2019’s PHP24.54 billion. (PNA)
***
References:
* Philippine News Agency. "Property developer exec hopeful on hitting 10% revenue goal." Philippine News Agency. https://www.pna.gov.ph/articles/1122018 (accessed November 17, 2020 at 04:27AM UTC+14).
* Philippine News Agency. "Property developer exec hopeful on hitting 10% revenue goal." Archive Today. https://archive.ph/?run=1&url=https://www.pna.gov.ph/articles/1122018 (archived).
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https://i0.wp.com/www.ceburealestate.com.ph/wp-content/uploads/2017/02/38-Park-Avenue.jpg?fit=1000%2C1099
Jose Soberano III likes to keep it all in the family.
In 2000, he left his post as vice president of an Ayala subsidiary to build his own real estate company, Cebu Landmasters Inc. (CLI).
Soberano is CLI’s president and chief executive officer. His wife, Marose, is the executive vice president for finance. His son Franco is the senior vice president and chief operating officer, while his daughter Joanna Marie is also vice president and marketing director.
But Soberano also considers his employees – all 177 of them – as family.
Even their customers are treated like kin: in the homeowner associations of their residential condominium and village projects, the family sits as board members so that they can stay abreast of their customers’ needs and concerns. CLI also has an in-house customer care and property management team to maintain customer satisfaction, during, and after turnover.
As the company gears up for aggressive expansion in the Visayas and Mindanao (VisMin) region this year, Soberano’s family will grow even bigger.
And since CLI is eyeing an initial public offering (IPO) in the Philippine Stock Exchange (PSE) next month, soon, the public can be part of Soberano’s financial growth, too.
Homegrown success
Though his company is only 13 years old, Soberano is a veteran in the VisMin real esate scene. He has three decades of experience in the property industry, including 23 years with the Ayala Group. He was part of the team that built Ayala’s Cebu Holdings, Inc. (CHI).
In 2016, CLI’s sales reached P2.17 billion, a 41% increase from 2015. Net income was at P702 million, higher by 30% from the previous year.
In 2003, he founded Cebu Landmasters. His first project was a village in Balamban town, for employees of a Japanese shipbuilding company. The houses sold out very well and Soberano replicated his success in other cities in the countryside of Cebu. Economic housing became CLI’s flagship development.
But Soberano didn’t stop there, and in 2010, CLI began venturing into vertical projects in Cebu City’s premiere business and residential districts. Aside from condominiums, CLI has also built office and mixed use properties, and even struck a hotel partnership deal with Ascott.
Majority of their residential projects are sold out within 12 months, some even selling out within a few months. Now, CLI has 11% market share and is Cebu’s top local developer next to Ayala Land.
In 2016, CLI’s sales reached P2.17 billion, a 41% increase from 2015. Net income was at P702 million, higher by 30% from the previous year.
The company has already 28 completed and ongoing projects under its belt in Cebu, Cagayan de Oro and Davao. Cebu Landmasters is also investing P12 billion in 14 additional residential and commercial projects that will be launched not just in key cities like Cebu, Davao, and Cagayan De Oro, but in also in Iloilo, Bacolod, and Dumaguete.
Soberano is confident about CLI’s success in these ventures. Since CLI is a homegrown company, they are deeply familiar with the needs and wants of their market: the price point, connections, partnerships and the buyers.
“We feel that these are places in VisMin with strong potentials and where there is need for more housing,” Soberano said. Global services firm PwC has identified Iloilo, Cebu, Bacolod, and Davao as some of VisMin’s “investment hotspots,” where real estate will be a key driver in economic growth.
VisMin makes up about 27.3% of the Philippine’s annual gross domestic product (GDP). The influx of tourists and BPO companies in the region is creating a need for more commercial and mixed-use developments.
The spike in OFW remittances since last year is also expected to increase demand for good value housing across the country.
‘We build with you in mind’
Last year, CLI revamped its tagline, “we build with you mind.” It mirrors their promise to always deliver value for money for their clients.
The company’s core strengths are its local roots and hands-on approach to real estate. They’re familiar with the exact needs and wants of their customers. They’re known for always completing projects on time.
They’re also better positioned to get the best deals from the region’s top players. Because CLI is a trusted joint venture partner of prime landowners in VisMin, they can build projects that are never more than 2km away from a main road.
But even now that CLI is a multimillion-peso company, Soberano still adds his personal touch to the company and treats it like a family business.
He’s never missing in the company’s activities. He is on top of the selection and visits for land prospects and is always present in community talks, groundbreakings, launches, and even press briefings. He hopes to lead by example and encourages his family and employees to embrace the same values.
His vision is for CLI to become the most preferred developer in VisMin, not just in the residential and commercial segment, but also in the hospitality industry.
To fund the expansion, he is now welcoming the public to his family.
Cebu Landmasters intends to be the first homegrown Cebuano developer to be publicly listed in the PSE. The company has filed an application with the Securities and Exchange Commission (SEC) to sell up to 580 million common shares through an initial public offering, targeted to be available by May. The SEC has granted CLI approval last April 20.
The company plans to raise P3.8 billion from sold shares, which will be priced up to P6.65 per unit. – Rappler.com
38 Park Avenue in Cebu, Cebu Land Masters, Cebu Landmasters http://www.ceburealestate.com.ph/how-a-family-business-became-cebus-top-local-developer/
0 notes