CLI expands to Eastern Visayas with Casa Mira Homes Ormoc
Leading developer in VisMin Cebu Landmasters, Inc. (CLI) has accelerated its expansion to Eastern Visayas with the recent launch of Casa Mira Homes Ormoc, a 685-unit subdivision project on a 9-hectare property expected to generate sales of Php 2 billion in revenues.
Pre-selling activities preceded the launch of the Php 950 million development offering townhouses and single-detached units with floor areas from 42 sqm – 62 sqm. Casa Mira Homes Ormoc is now close to 70% sold attesting to the popularity of the list company’s economic housing brand.
CLI chairman and CEO Jose Soberano III said: “We are pleased that Casa Mira has facilitated the company’s expansion to untapped markets like Ormoc. At the same time, it has offered prospective families in VisMin a chance to make the big leap to first-time homeownership.”
Casa Mira Homes Ormoc, to be completed in 2023, is the eleventh Casa Mira development in VisMin. The residential brand is designed with generous amenities such as chapels, swimming pools, play areas, basketball and tennis courts and wide open spaces in line with its promise to offer more for the Filipino family.
CLI is set to unveil more new Casa Mira projects in Cebu, Ormoc, Bacolod, Iloilo, Cagayan de Oro, Davao, Dumaguete and Palawan within the year. Prior to Ormoc, Casa Mira recently launched a four-tower residential condominium in Bacolod City offering studio and one-bedroom units. Homes tailored to meet the preferences and needs of each location have propelled CLI to become the Visayas-Mindanao residential market leader in terms of inventory, according to a recent study of SKF.
CLI has a portfolio of 63 residential projects across VisMin offering close to 30,000 units for the high-end, mid-market and economic segments. Total sales value of these projects is Php 73.6 billion with 89% already sold out. The leading VisMin developer is all set to launch 20 new projects in 2022.
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