CLI expands portfolio with P5.4-B Cebu township

Listed property developer Cebu Landmasters, Inc. (CLI) expanded its real estate portfolio with the launch of Pristina Town, a prime township development in northern Cebu City.

In a stock exchange report on Monday, CLI said the P5.4-billion North Grove is a 7.2-hectare mixed-use estate featuring a garden-themed residential condominium that caters to the mid and upper mid-market segments.

Developed by Cebu Homegrown Developers Inc., a joint venture between CLI and Ixidor Holdings, Pristina Town is designed to meet the demand for sustainable, high-value urban living near Cebu’s key infrastructure and lifestyle hubs.

"Pristina Town is expected to strongly contribute to and benefit from the development of Cebu’s North Growth Center — an emerging hub transforming northern Cebu City into a vibrant, sustainable, and inclusive urban and economic center," CLI chairman and CEO Jose Soberano III said.

"The township stands out with its abundant green spaces, energy-efficient smart lighting, and innovative water reuse system."

North Grove, the township’s first residential project, features two towers — Lumina and Terra — with a total of over 1,000 units. 

Lumina offers 386 studio, one-bedroom, and one-bedroom garden units ranging from 24 to 35.14 square meters (sqm), while Terra has 643 studio units between 22.75 and 25.37 sqm. Both towers incorporate garden-inspired amenities such as a fitness gym, lounge areas, and multi-purpose decks.

The project also includes a podium retail space spanning nearly 3,800 sqm, with plans for a supermarket and new retail concepts to enhance residents’ lifestyles.

North Grove is Cebu Homegrown Developers Inc.’s second project, following the successful completion of Mandtra Residences.