Cebu Landmasters defers Luzon entry

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LISTED Visayas-Mindanao developer Cebu Landmasters Inc. (CLI) is deferring its entry into the Luzon market to 2026, expressing confidence that concerns over an oversupply of residential units in Metro Manila will have corrected.

“The good thing with our timing now is if we do acquire early next year, these are really inventory that will be available in 2026,” CLI Chief Operating Officer Jose Franco Soberano told reporters last week.

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