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#CebuLandmasters Inc. (CLI)  has achieved a remarkable feat by selling out its Velmiro Heights Davao project in just two days. This achievement has generated a whopping Php 2.7 billion in sales. The project, which is the company’s second horizontal development in Davao City, consists of 362 units.

Velmiro Heights Davao is situated on an 11.52-hectare lot in Barangay Magtuod. The property offers stunning views, ample spaces, wide road networks, pedestrian circulation, and security. It features Zen-inspired single-detached and single-attached houses on lot sizes ranging from 100 to 258 square meters, with prices ranging from P5.2M to P11.15M.

 

The gated property boasts a guardhouse and premier amenities such as a clubhouse with a function hall, swimming pool and kiddie pool, basketball court, fitness gym, children’s playground, natural green reserves, and an al fresco dining area.

Velmiro Heights Davao is the seventh residential development under CLI’s Velmiro brand. The brand, part of the company’s Garden Series, caters to mid and upper mid-market buyers and is designed to maximize space. The brand has a total of 2,377 residential units across Visayas and Mindanao.

CLI Chairman and CEO Jose Soberano III attributes the record-breaking sales performance of Velmiro Heights Davao to the strong market acceptance of CLI’s projects in Davao. He notes that their residential projects in the area have been selling out in just a few days or weeks after market introduction.

CLI has a diverse portfolio of residential, hotel, mixed-use, and township projects in Davao. Its first project, the 694-unit Mesatierra Garden Residences, is already completed. This was followed by the completion of the site development of the 23-hectare Davao Global Township, which was awarded as Best Township in Asia by the Asia Property Awards.

By the last quarter of 2024, CLI will start turning over units from Casa Mira Towers LPU Davao and One Paragon Place, the residential component of the mixed-use The Paragon Davao. The 263-room Citadines Paragon Davao is also set to open its doors to the public in early 2026.

CLI has 94 residential projects across 17 key cities in VisMin and has delivered more than 16,000 housing units to various markets in the region. Nearly 4,600 of these units are in Davao City. CLI is also planning to expand to Luzon soon.

FAQs

1. What is Velmiro Heights Davao? Velmiro Heights Davao is a residential project by Cebu Landmasters Inc. located in Barangay Magtuod. It features 362 Zen-inspired houses on an 11.52-hectare lot.

2. How many units does Velmiro Heights Davao have? Velmiro Heights Davao consists of 362 units.

3. What amenities does Velmiro Heights Davao offer? The property offers a clubhouse with a function hall, swimming pool and kiddie pool, basketball court, fitness gym, children’s playground, natural green reserves, and an al fresco dining area.

4. What is the price range of the houses in Velmiro Heights Davao? The houses in Velmiro Heights Davao are priced from P5.2M to P11.15M.

5. What other projects does Cebu Landmasters Inc. have in Davao? CLI has a diverse portfolio of residential, hotel, mixed-use, and township projects in Davao, including Mesatierra Garden Residences and Davao Global Township.