Listed Cebu Landmasters Inc. (CLI) posted record high reservation sales of P8.5 billion in the first half of the year, up 14 percent from P7.4 billion year-on-year, as it saw sustained housing demand.

The Visayas-Mindanao developer in a disclosure on Monday said that it recorded P5.2 billion sales in the second quarter alone, surpassing the P4.6 billion a year ago.

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