Cebu Landmasters’ 1st Davao project now in full swing
Cebu Landmasters Inc. has started the construction of MesaTierra Garden Residences, a 22-story residential building in Davao City.
The project, which is expected to meet the housing needs of the city’s working middle class segment, is 50 percent owned by CLI under a joint venture company, Yuson Excellence Soberano Inc.
The company has sold 90 percent of the project’s 694 unit inventory since its launch last February.
“This is another shining example of CLI projects with very short sell out periods, a proof of the public’s faith in the company’s build quality,” CLI said.
Turnover of the units is slated in the third quarter of 2020.
CLI aims to further expand its presence outside its homebase of Cebu through key land acquisitions and strategic partnerships in key cities of Visayas and Mindanao.