CLI building P9 billion condo in Cebu

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Elijah Felice Rosales - The Philippine Star

October 25, 2025 | 12:00am

MANILA, Philippines — Property builder Cebu Landmasters Inc. (CLI) has started the construction of a P9-billion tower that would serve as the maiden site of what would be Cebu’s first Japanese-inspired residence.

CLI yesterday kicked off the construction of The Wave Towers, with the initial P9.2-billion project Nagomi, a partnership with NTT Urban Development (NTT UD) Asia.

The project sets off the rise of Cebu’s first Japanese-inspired residence, enhancing the province’s status as a property hub.

In coming up with the concept of The Wave Towers, CLI formed a joint venture called CLI NUD Ventures Inc. along with NTT UD Asia. CLI chairman and CEO Jose Soberano III said his firm has combined its expertise with NTT UD Asia in pursuing the project.

CLI NUD Ventures consulted Japanese designer Nikkei Sekkei Ltd. in drawing up the project, as it wants The Wave Towers to embody the balance and precision of Japanese architecture. CLI is combining these Japanese aesthetics with Filipino warmth in building The Wave Towers.

Likewise, the project is co-designed by engineering company SY^2 Plus Associates Inc., one of the country’s leaders in structural development, assuring that the towers meet global standards on safety.

“This partnership brings to life a shared vision, one that combines innovation, craftsmanship and respect for culture and community,” Soberano said.

Based on CLI NUD Ventures’ plan, the first tower  will be made up of 40 floors and 409 units, each of which will be equipped with a modern kitchen, built-in storage and glass-enclosed bathrooms.

The two- and three-bedroom units feature a multipurpose room and shoe cabinets to emulate the makings of a Japanese home. All units in the tower also come with intercom systems and smart locksets for safety and security.

Nagomi will be developed with a commercial podium, dedicated parking, five elevator sets and a 1.8-meter hallway. The tower’s sixth floor will offer a spa, pool, gym and a kids’ play area.

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