Cebu Landmasters to pump P33b into Davao Global Township
Cebu Landmasters Inc. (CLI), the leading developer in the Visayas and Mindanao, followed up on the expansion plans announced at its recent Annual Stockholders Meeting in Cebu City by officially opening to the public the roads of its P33-billion Davao Global Township (DGT) on May 25.
Source of pride
Developed to become a source of pride for Davaoeños, DGT serves as the first township of CLI through YHEST Realty Development Corp., a joint venture between CLI and the Yuson, Huang, and Tan families belonging to the Villa-Abrille clan of Davao. The township broke ground in November 2018.
A 30-minute-drive away from the Francisco Bangoy International Airport, DGT creates a thriving global business district at the heart of Davao City. The idea is for the world-class township to serve as an address to be proud of, while generating business opportunities for Davao City and neighboring communities, CLI said in a statement.
“We are thrilled with the anticipated opening of DGT, which we envision as Davao’s central business district and lifestyle hub that will greatly contribute to the city’s economy,” said CLI chairman and CEO Jose Soberano III.
“Given DGT’s prime location and future-proof design and engineering principles, which include sustainability and green features, we believe it will live up to its name as a world-class township,” he added.
CLI beefs up growth trajectory
CLI is expected to launch P29.75 billion worth of pipeline projects this year to further solidify its growth trajectory after a record-breaking performance in 2022, the company announced during its 2023 Annual Stockholders Meeting at Citadines Cebu City.
The company aims to expand to Luzon in the next two years through the affordable housing market, establish its foothold further in the hospitality segment, and double down on its sustainability initiatives.
Besides filling VisMin’s housing backlog by expanding to new areas, CLI is also establishing its foothold in the hotel and tourism industry with three projects to open in 2023, namely The Pad, lyf Cebu City at Base Line Center, and Citadines Bacolod City.
The YHEST Board of Directors and CLI top executives led DGT’s official opening on May 25, along with special guests from the government and the private sector.
DGT Weekend Market offers unique finds, amazing food galore
Following the ceremony, local musical acts took the stage in a concert called “DGT Festival,” headlined by rock band UrbanDub and celebrity couple performers TJ Monterde and KZ Tandingan.
Aside from the DGT Festival, the township’s official opening also launched the DGT Weekend Market. Set to open four days a week—Thursdays to Sundays from 4pm to 1am—the upscale outdoor bazaar is set to delight Davaoeños with unique finds, amazing food, and other exciting offerings.
Expected to become the new place-to-be that elevates the locals’ weekend experience, the DGT Weekend Market will be set up weekly at the first block of the township.
Best Township plums under DGT’s belt
Under phase 1 of DGT is the township’s first residential project, The East Village at DGT, set for completion in Q3 2026. Inspired by the rich culture and life in the progressive Davao City, the development presents over 2,000 residential units spread across the six-tower vertical village. Unit categories include modular studio, one-bedroom and 2-bedroom cuts, with value ranging from P143,000 to P149,000 per square meter.
Even before the official opening of its roads, DGT has already won several top recognitions, including the 2021 Best Township Development in the Philippines by PropertyGuru Philippines Property Awards and Best Township Development in Asia by PropertyGuru Asian Property Awards.