Leading VisMin developer Cebu Landmasters, Inc. (CLI) has kicked off the construction of its P1.97 billion Casa Mira Homes Danao, the 15th development under its flagship economic brand.
In a disclosure to the Philippine Stock Exchange, the firm said the market’s reception to the 6.8-hectare property that sits in the northern city of Danao in Metro Cebu has been remarkable, with 96 percent of its 595 housing units already marked as sold.
Expected to generate P1.97 billion in sales revenue, unit prices range from P2.23 million to P3.6 million. The development is set to be completed in 2026.
“Casa Mira turns the Filipinos’ dreams into a reality by making home ownership attainable with affordable, quality developments that offer more value, more space and more amenities to be enjoyed by families,” CLI President and CEO Jose R. Soberano III said.
He added that, “Casa Mira also allows CLI to help address the region’s housing gap. To date, Casa Mira has already provided more than 16,000 vertical and horizontal housing units all over VisMin.”
“Additionally, given the success of the project in the northern part of Cebu, we are now in the process of introducing a new affordable housing development in the area soon,” Soberano noted.
The location of Casa Mira Homes Danao contributes to its strong demand. The development presents premium connectivity with direct access to the Central Nautical Highway, providing residents with convenient access to essential establishments.
Within close distances to Casa Mira Homes Danao are schools, grocery stores, the city hall, the provincial hospital, and the city port.
Danao City is also only 25 kilometers away from Cebu City and has the necessary urban conveniences being the growth center of the northern part of Cebu province.
Casa Mira Homes Danao offers a variety of unit types. Floor areas range from 42 sqm to 72 sqm for townhouses and single detached units with either two or three bedrooms.
Features include kitchen, dining and service areas; powder room; porch; and carport.
Residents and investors are assured of peace of mind with 24/7 security at Casa Mira Homes Danao, featuring a perimeter fence and guardhouse.
To ensure that the development will be well maintained, Casa Mira Homes Danao will be managed by Cebu Landmasters’ property arm CLIPM (Cebu Landmasters Property Management, Inc.).
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The article was originally published in Manila Bulletin and written by James A. Loyol.