Aug 25, 2026 · by BalayHub Admin · 4 min read

Cebu Landmasters Launches ₱25B of Projects: What Buyers Get

Cebu Landmasters launches 11 projects worth ₱25 billion and 5,600 units in Cebu, Mactan, Davao, Panglao, Ormoc and Butuan in H2 2026: what buyers get.

Cebu Landmasters Launches ₱25B of Projects: What Buyers Get

The second half of 2026 will bring the biggest wave of new homes the Visayas and Mindanao have seen in a year, and it comes from one company. The Cebu Landmasters launches announced on August 12 run to more than 11 projects worth about ₱25 billion (about $400 million / €344 million) and over 5,600 units across Cebu, Mactan, Ormoc, Butuan, Davao and Panglao, plus the developer's first projects in Luzon, in Pasig City and Cavite, according to the Philippine Star and the Daily Tribune. The reason it all lands at once is the same reason buyers have had so little to choose from: licenses to sell.

The company had "really no new launches in the first half," its chief executive told reporters, as SunStar reported, because approvals slipped; only about 93 licenses had been issued nationwide by early August against 800 to 900 in a normal year. Reservation sales fell to ₱10.7 billion (about $171 million / €147 million) from ₱14.3 billion (about $229 million / €197 million), revenues eased 1 percent to ₱10.2 billion (about $163 million / €140 million) and net income came in at ₱2 billion (about $32 million / €27.5 million), while the existing portfolio sold through to 95 percent. Demand was there. Product was not. That is about to reverse in the regional cities where this group is the largest developer.

What is coming, city by city

The pipeline is concentrated where CLI already has a track record. In Cebu City and Mandaue the group's Casa Mira towers set the economic segment benchmark, and new phases will compete with its own resale stock in Casa Mira Towers Guadalupe and the other Cebu towers. On Mactan the beachtown format, seen in Costa Mira Beachtown Mactan in Suba Basbas, is the model for the Panglao launch in Bohol, where Costa Mira Beachtown Panglao already carries the brand. In Davao the group has moved up the ladder from Casa Mira to the 26 storey One Paragon Place and the East Village at Davao Global Township, due this year, which our Davao shortlist covers building by building. Ormoc and Butuan are the frontier: mid market condominiums in cities that have had almost none.

The Luzon entry is the strategic news. A Pasig project puts a Cebu developer into the Ortigas orbit against the Manila majors, and a Cavite project puts its house and lot format into the country's busiest first home market. Neither has a launch date attached yet.

What it means if you are buying in the Visayas or Mindanao

First, choice returns. A buyer in Cebu who spent the first half choosing between resale units and a handful of older phases will see fresh inventory in the economic and mid market brackets, and prices at launch will be the market's new reference. Our Cebu area guide sets the current benchmarks: Cebu City condominiums around ₱113,000 (about $1,810 / €1,560) per square meter and a ₱7.5 million (about $120,000 / €103,000) house and lot median across the province's 40 listed houses, with Mactan at about ₱136,000 (about $2,180 / €1,870) per square meter in the Lapu-Lapu guide. In Davao the house median in our listings is ₱5.4 million (about $86,400 / €74,400) and a resale condominium asked about ₱86,600 (about $1,390 / €1,190) per square meter, so a launch priced above those numbers is asking you to pay for newness and the developer's name.

Second, timing matters more than usual. With approvals scarce, the first phases of a licensed project tend to sell fast and the developer has little reason to discount, so early buyers get choice of unit rather than a lower price. If you want a specific floor or a corner, register before launch. If you want a bargain, the better hunting is in the 95 percent sold portfolio, where the last units in a finished tower can be negotiated, and in the resale market that new launches will put under pressure in the same neighborhoods.

Third, the same rules apply as anywhere. Ask for the license to sell number for the exact phase, not the estate; a project launched in the second half because its license arrived in the second half is fine, one launched without it is not. Read the pre selling checklist before the sales lounge, and know the regulator's 30 day complaint rule if a turnover date slips.

The wider signal

A ₱25 billion (about $400 million / €344 million) regional pipeline from a single company, after a half year with nothing, tells you where the country's housing growth is going: to Cebu, Davao, Bohol, Leyte and Caraga, where land is cheaper, incomes are rising and the big Manila groups are thin on the ground. For an investor the regional cities offer lower entry prices and rents that hold, as the Cebu versus Davao comparison sets out; for a family they offer a new home that a Metro Manila budget could not buy. Browse the current condos in Cebu City and Davao to see what today's asking prices look like before the new phases reset them.

Company figures are from the sources cited as of their publication dates; launch dates, prices and phases are the developer's to confirm. This is general market information, not investment advice.

Dollar and euro figures are approximate conversions at ₱62.5 per US dollar and ₱72.6 per euro (ECB reference rates, 2026-09-08).

Frequently asked questions

What is Cebu Landmasters launching in the second half of 2026?

More than 11 projects worth about ₱25 billion (about $400 million / €344 million) and over 5,600 units across Cebu, Mactan, Ormoc, Butuan, Davao and Panglao, plus its first Luzon projects in Pasig City and Cavite, as announced on August 12, 2026. The launches were pushed into the second half because licenses to sell arrived late; the company said it had no new launches in the first half while its existing portfolio sold through to 95 percent.

Will the new launches lower condo prices in Cebu and Davao?

Not at launch. With approvals scarce nationwide, licensed projects face little competition and first phases tend to sell fast, so early buyers get choice of unit rather than a discount. Prices may soften on resale units and the last inventory of finished towers nearby, which is where a bargain hunter should look. Our benchmarks are about ₱113,000 (about $1,810 / €1,560) per square meter in Cebu City, ₱136,000 (about $2,180 / €1,870) in Mactan and ₱86,600 (about $1,390 / €1,190) in Davao.

Why did Cebu Landmasters have no launches in the first half of 2026?

Because licenses to sell were delayed: only about 93 had been issued nationwide by early August against 800 to 900 in a normal year, according to SunStar. That pushed the company's planned launches into the second half, cut reservation sales to ₱10.7 billion (about $171 million / €147 million) from ₱14.3 billion (about $229 million / €197 million) and eased revenues 1 percent to ₱10.2 billion (about $163 million / €140 million), while net income came in at ₱2 billion (about $32 million / €27.5 million).

What should I check before reserving a unit in one of the new projects?

The license to sell number for the exact phase you are buying, the developer's completed projects in that city, the turnover date and the remedy for delay written into the contract, the association dues budget and parking. Compare the launch price per square meter with resale units in the same district, and remember that a project launched late because its license arrived late is normal in 2026; one launched without a license is not.

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