photo by Kim Zaldivar

Cebu Landmasters, Inc. (CLI) has just acquired a 7.2-hectare property in uptown Cagayan de Oro for its second project in the city called Velmiro Heights, a modern mid-range residential development which will be launched in the 1st quarter of 2018.

In a disclosure at the Philippine Stock Exchange (view it HERE), CLI purchased the land for P133 million from the proceeds from its Initial Public Offering (IPO).

Velmiro Heights CDO is a fitting follow up of CLI’s MesaVerte Residences, a 3-tower high-rise condominium project located in the downtown area now 95% sold out.

See our previous post below on the location of Velmiro Heights CDO.

Cebu Landmasters’ Velmiro Heights will be in Uptown CDO

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