CEBU Landmasters Inc. (CLI) generated P2.7 billion from its 362-unit Velmiro Heights Davao, selling fully the project in just two days.
Velmiro Heights Davao is located on an 11.52-hectare lot in Barangay Magtuod and has stunning views, generous spaces, wide road networks, pedestrian circulation and security.
It offers single-detached and single-attached Zen-inspired houses on lot sizes ranging from 100 to 258 square meters. Prices range from P5.2 million to P11.15 million.
The gated property has a guardhouse and premier amenities such as a clubhouse with function hall, swimming pool and kiddie pool, basketball court, fitness gym, children’s playground, natural green reserves and al fresco dining area,.
Velmiro Heights Davao is the seventh residential development of CLI’s Velmiro brand, which is part of the company’s Garden Series catering to the mid and upper mid-market buyers and is efficiently designed to maximize space. The brand has a total of 2,377 residential units all over Visayas and Mindanao.
“The record-breaking sales performance of Velmiro Heights Davao shows the strong market acceptance of CLI’s projects in Davao,” said Jose Soberano III, CLI chairman.
“The residential projects we launched in the area have been selling out in just a few days or within weeks after market introduction,” Soberano added.
CLI has 94 residential projects all over 17 key cities in VisMin and has delivered more than 16,000 housing units to different markets in the region. Close to 4,600 units are in Davao City. CLI will soon be expanding to Luzon.
