The real estate market in the Visayas and Mindanao (VisMin) region continues to show strong growth, as Cebu Landmasters Inc. (CLI) reported the near sell-out of its latest condominium project in Cagayan de Oro City.
One Manresa Place drew a strong response from buyers, highlighting the rising demand for high-quality residential spaces outside Metro Manila. The three-tower residential complex project located within the 14.6-hectare Manresa Town, was nearly 90-percent sold, earning P5 billion in sales equivalent to 823 units within just two weeks from launch.
“We are energized by the overwhelming response to One Manresa Place,”said CLI chairman and chief executive Jose Soberano III.
“This affirms the region’s readiness for more high-value developments, proving that demand in VisMin remains strong and underserved.”
Growing confidence
The quick take-up of units in One Manresa Place reflects strong market confidence in CLI’s vision for integrated, community-centered living. Located beside Xavier University’s future Masterson Campus, the project is designed for students, professionals and families who seek modern, sustainable homes in a well-planned township.
Featuring open spaces, sky gardens, co-working areas and wellness facilities, the development combines comfort with green living. It has already sold most of its units, joining a long list of successful CLI residential projects across major Visayas and Mindanao cities.
Set to be completed by 2030, One Manresa Place has studio, one-bedroom and two-bedroom units tailored to contemporary urban living.
Studio units cost from P4.6 million to P7 million, one-bedroom units from P 5.6 million to P 12.8 million and two-bedroom units from P16 million to P18.5 million.
The units all have floor-to-ceiling windows, private balconies and flexible spaces to attract a wide range of tenants and buyers, including students, professionals and families.
VisMin’s real estate
CLI’s strong performance in Cagayan de Oro mirrors the broader trend in the region. Most of the company’s residential inventory in Vis-Min cities has already been sold, showing deep and consistent demand.
The region also holds a large portion of the country’s 6.7 million housing backlog, underlining the need for more residential developments.
To meet the continued strong demand, the property firm is expanding further in cities like Cebu and Davao, launching new residential, commercial and hotel projects.
As CLI continues to grow its presence, it remains committed to building well-designed, sustainable communities that support the long-term growth of the Vis-Min region.
