Duros Land Properties sold-out 3 projects in 2019, gears for more in 2020!

Homegrown developer Duros Land Properties had a banner year for 2019 as it sold-out three of its projects in Cebu City and Liloan, Cebu.

This was announced by its president, Fe Mantuhac Barino during the Broker’s Appreciation Night party held in IC3 Convention Center.

In front of Cebu’s top real estate brokers and sellers, Mrs Barino, together with husband Lito Barino, the founder and chairman of Duros conglomerate announced the successful 2019 campaign that depleted the inventories of two residential subdivisions in Liloan and that of its condominium project in Lahug, Cebu City.

The Padgett Place is a 26-storey premium condominium with luxurious amenities and ultra-spacious units is located in Molave st. Lahug.

Woodland Park Residences Phase 1 in Upper Yati, Liloan, with its more than 150 units were likewise sold-out.

Another project, Bay-Ang Ridge which was launched only last December 2018 also saw its inventories wiped-out within the year.

Due to the rapid take-up of its projects, The Barino couple divulged that Duros Land has prepared an exciting line-up of new developments for 2020.

First in the list is a high-end 74-hectare lot only subdivision in the famed Lataban Hills in Barangay Lataban, Liloan. With amenities like an orchard forest, communal garden and access to Liloan Golf among others, it is certainly going to be another blockbuster in the making.

Then there’s a 20-storey residential condominium project in the highly sought-after area of Imus, Cebu City. It is conveniently located halfway between University of San Carlos and Robinsons Galleria Cebu.

Also in the company’s pipeline for next year is a midrise condotel project in Panglao, Bohol adjacent to the new international airport. It is the first Duros Land project in Boholandia and its second outside Cebu after the Gana Siargao Resort in Siargao Island.

Project Development Head Ian Mantuhac and Architect Lester Banzon both revealed that more projects are in the drawing board both inside and outside Cebu with the company’s considerable land bank.

Minore Hotel, another Duros Land project right in the heart of Cebu’s business district is also set to open in the second quarter while One Tectona Condominium in Liloan, Cebu will top-off in the third quarter, both of next year.

A busy year that was and an even busier year ahead for Duros Land Properties.