The continuous increase in office spaces shows proof of how Cebu’s economy is on a steady rise. Real estate industry experts have reported that there will be a 47% growth in office supply up to the year 2020. Due to the presence of a skilled labor pool, multinational companies are expanding business operations in the queen city of the south. This will surely benefit the property sector and ensure a positive business outlook in the years to come.
Here are some of the key players in Cebu’s real estate scene:
Citrineland Corporation has been committed to fostering communities where owning a home at a reasonable price does not compromise the quality of life. With Harmonis as its pioneering project back in 2014, they have been keeping up with their commitment as seen in their other projects such as Serenis North, Serenis South, and The Median.
King Properties is the developer behind Avenir and Meridian. They have a vision in improving Cebuano’s quality of life by creating peaceful, harmonious, and sustainable communities.
Cebu Landmasters Inc., a Cebu home-grown real estate developer of residential, office, hotel and mixed-use projects, was established in 2003. They developed big-name projects such as 38 Park Avenue, Asia Premier Residences, Park Centrale, Citadines Cebu City, and Astra Centre.
Innoland Development Corporation was registered with Philippine Securities Exchange Commission in 2005. Since its inception, the company has lended its brand and expertise to help develop various commercial, industrial, and residential properties. They are the developers of Calyx Centre, Calyx Residences, and Link.