• Cebu Landmasters completes P115M Socialized Condo


      Cebu Landmasters completes P115M Socialized Condo for Cebu City Informal Settlers, also Breaks Ground on a Second P100M Walk-Up for Mandaue City Settlers

      Leading developer in VisMin Cebu Landmasters, Inc. (CLI) donates two medium-rise condo buildings valued at P215 million for informal settlers in Cebu City and Mandaue City as part of the listed company’s commitment to providing quality and sustainable in-city vertical socialized housing.


      Cebu Landmasters recently turned over the P115 million medium-rise building Walk-Up Sugbo 1 to the Cebu City government. Located on a 1,350 sqm property in Barangay Lorega-San Miguel the project has 100 units for informal settlers residing in the area.

      After completing in only 12 months, CLI recently turned over Walk-Up Sugbo 1 to the Cebu City government and broke Ground on Tower 4 of the Mandaue City government’s Tipolo Residences.




      Cebu Landmasters recently turned over the P115 million medium-rise building Walk-Up Sugbo 1 to the Cebu City government. Located on a 1,350 sqm property in Barangay Lorega-San Miguel the project has 100 units for informal settlers residing in the area. L-R: CLI COO Franco Soberano, CLI CEO Jose Soberano III, Cebu City Vice-Mayor Raymond Garcia, Cebu City Mayor Mike Rama, DSHUD Secretary Eduardo del Rosario, and Lorega Barangay Captain Fitzgerald Herrera.

      Walk-Up Sugbo 1

      Located on a 1,350 sqm property in Barangay Lorega-San Miguel, the P115 million medium-rise building called “Walk-Up Sugbo 1” with 100 units completed in less than one year will be home to over 100 beneficiary families.

      A hundred families living in danger areas, with more than 60% coming from Lorega, will be resettled to the units on the ground floor to the fifth floor of Walk-Up Sugbo 1. Each unit has a floor area of 25 sqm. or more than the 18 sqm. required for socialized housing units. All units are adequately ventilated with sun baffles mounted on units with balconies.

      “To us, this is the most meaningful project. We are now starting a project that will become a model. It will become a standard. We hope this will be emulated not just by us but also by other developers,” said CLI chairman and chief executive officer Jose Soberano III.

      Soberano also explained that CLI always gives more regardless of the market it serves. “We don’t only build homes; we build sustainable communities. And, we want to give decent homes to the marginalized because they deserve nothing less,” he highlighted.

      Walk-Up Sugbo 1 is a collaboration between Cebu Landmasters, Inc., the Cebu City Government, and the Department of Human Settlements and Urban Development (DHSUD) and is designed to provide quality transition housing for informal settlers living in danger zones. It is also the tallest socialized housing development in VisMin. One of the most generously-appointed socialized housing buildings. The building features a ground-floor chapel, retail spaces for rent, a parking area, and a Livelihood Training and Multi-Purpose Hall donated by Cebu Landmasters Foundation. It also has PWD-friendly ramps leading to the fifth floor for the elderly and differently-abled residents. Solar panels will provide electricity for common areas like hallways, stairways, and the property.

      Cebu Landmasters’ property management arm CLIPM will also lend its expertise to train Cebu City’s property management to efficiently manage Walk-Up Sugbo 1, which was constructed in just one year. The building will also be provided with a sewage treatment plant to ensure proper solid waste management.


      CLI will begin conventional hybrid construction of the 90-unit tower 4 of the Tipolo Residences, a mid-rise socialized housing building in Mandaue City. Each unit in Tipolo Residences Building 4 will have a gross floor area of 24.79 sqm. It is expected to be completed in 18 months. The photo above was during the recent unveiling of the project. L-R: CLI COO Franco Soberano, Mandaue City councilor Nerissa Soon-Ruiz, CLI CEO Jose Soberano III, Mandaue City vice-mayor Glenn Bercede and Mandaue City councilor Jun Arcilla.

      Tipolo Residences

      Cebu Landmasters will also begin constructing the 90-unit tower 4 of the Tipolo Residences, a mid-rise socialized housing building in Mandaue City. This is intended for the victims of the 2019 fire in Tipolo who are temporarily residing inside the Cebu International Convention Center and for informal settlers living dangerously along the city’s rivers and creeks. Each unit in Tipolo Residences Building 4 will have a gross floor area of 24.79 sqm. It is expected to be completed in 18 months.

      CLI applies active and passive green design features to both projects. All units are situated to receive sufficient daylight, reducing energy use. In addition, the ground floor units and common area spaces are lifted to allow cross ventilation. A large self-watering green wall is also integrated to provide cooling.

      Both medium-rise housing projects in Cebu City and Mandaue City are CLI’s socialized housing compliance in partnership with DHSUD to make affordable and decent housing and basic services available to underprivileged and homeless settlers.

      DHSUD Secretary Eduardo del Rosario said, “this modality is the first done by the private sector,” and he encouraged other developers to follow suit. “I hope this similar project can be undertaken not only in Cebu City but also nationwide and in most urban cities that need the active participation of developers,” del Rosario underscored.

      The CLI and Cebu Landmasters Foundation teams work closely with the local governments of Cebu City and Mandaue City in the social preparation process and give recommendations on the rental rate, tenure, house rules, guidelines, and property management.

      CLI has more than 100 projects in different stages of development for high-end, mid, and economic markets in 15 key cities in Visayas and Mindanao.
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