C05057-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Jun 29, 2023
2. SEC Identification Number
CS200321240
3. BIR Tax Identification No.
227-599-320-000
4. Exact name of issuer as specified in its charter
CEBU LANDMASTERS, INC
5. Province, country or other jurisdiction of incorporation
CEBU CITY, CEBU, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
10TH FLOOR, PARK CENTRALE, B2 L3, JOSE MA. DEL MAR ST., CEBU IT PARK, APAS, CEBU CITY Postal Code 6000
8. Issuer's telephone number, including area code
(032) 2314914
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON SHARES 3,465,201,467
11. Indicate the item numbers reported herein
OTHER ITEMS

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Cebu Landmasters, Inc.CLI

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Cebu Landmasters breaks ground on 15th Casa Mira project in Danao City, already 96% sold
Background/Description of the Disclosure

● Cebu Landmasters, Inc. (CLI) puts in motion the construction of Casa Mira Homes Danao in northern Cebu.
● The development will be completed in 2026 and is expected to generate P1.97 billion in sales revenue.
● The success of Casa Mira Homes Danao is prompting CLI to soon introduce a new affordable housing development in the area as part of its efforts to help close the region’s housing gap.


Leading real estate developer in VisMin Cebu Landmasters, Inc. (CLI) kicks off the construction of Casa Mira Homes Danao, the 15th development under its flagship economic brand.

The market’s reception to the 6.8-hectare property that sits in the northern city of Danao in Metro Cebu has been remarkable, with 595 of its housing units marked at 96%-sold. Expected to generate P1.97 billion in sales revenue, the development is set to be completed in 2026.

“Casa Mira turns the Filipinos’ dreams into a reality by making home ownership attainable with affordable, quality developments that offer more value, more space and more amenities to be enjoyed by families,” CLI President and CEO Jose R. Soberano III said. “Casa Mira also allows CLI to help address the region’s housing gap. To date, Casa Mira has already provided more than 16,000 vertical and horizontal housing units all over VisMin. Additionally, given the success of the project in the northern part of Cebu, we are now in the process of introducing a new affordable housing development in the area soon.”

The location of Casa Mira Homes Danao contributes to its strong demand. The development presents premium connectivity with direct access to the Central Nautical Highway, providing residents with convenient access to essential establishments. Within close distances to Casa Mira Homes Danao are schools, grocery stores, the city hall, the provincial hospital, and the city port. Danao City is also only 25 kilometers away from Cebu City and has the necessary urban conveniences being the growth center of the northern part of Cebu province.

Casa Mira Homes Danao offers a variety of unit types. Floor areas range from 42 sqm to 72 sqm for townhouses and single detached units with either two or three bedrooms. Features include kitchen, dining and service areas; powder room; porch; and carport. Meanwhile, the unit prices range from Php 2.23 million to Php 3.6 million.

Residents and investors are assured of peace of mind with 24/7 security at Casa Mira Homes Danao, featuring a perimeter fence and guardhouse. To ensure that the development will be well maintained, Casa Mira Homes Danao will be managed by Cebu Landmasters’ property arm CLIPM (Cebu Landmasters Property Management, Inc.).

For more information about CLI and Casa Mira Homes Danao, check out https://www.cebulandmasters.com/project/casa-mira-homes-danao/.

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Other Relevant Information

NOTE: The disclosure contains forward-looking statements and facts that are subject to considerable risks and uncertainties. These forward-looking statements include, but are not limited to, statements about known and unknown risks; uncertainties and other factors that may cause actual results to differ from expected future performance.
Filed on behalf by:
Name Clarissa Mae Cabalda
Designation Corfin/Investor Relations Manager