Listed real estate developer Cebu Landmasters, Inc. (CLI) has partnered with Japan’s NTT Urban Development Asia (NTT UD Asia) to launch the P9.2-billion The Wave Towers, a new premium residential project within the master-planned Cebu IT Park.
This landmark development is being constructed by CLI NUD Ventures, the official joint venture formed by the two companies.
A New Standard of Premium Living
The Wave Towers is designed as a two-tower complex that will offer a range of unit types, including studio, one-bedroom, two-bedroom, and three-bedroom layouts. The project was officially announced by CLI in a regulatory filing this Wednesday.
The first tower to be developed, the 40-story Nagomi Tower, will feature 709 premium units. Furthermore, each unit will be finished with minimalist, Japanese-inspired aesthetics and high-quality interiors.
Extensive World-Class Amenities
To enhance the resident experience, The Wave Towers will offer two full floors of curated amenities. The sixth-floor amenity deck will include a comprehensive pool complex with a sauna and spa, a fitness center, a serene Japanese garden, a children’s play area, and a game room.
Additionally, the 37th floor will host a Sky Amenity Deck, featuring a lounge library, a dedicated wellness gym, and a spacious open-air sky deck.
Practical and Premium Features
Beyond the residential units, the project will also include retail spaces on the ground and podium levels. For convenience and reliability, the development will be equipped with wide corridors, five elevators, and full backup power.
To showcase these features, CLI has already opened a dedicated showroom for The Wave Towers, where potential customers can view the project’s designs and explore the model units.
About the Developers
NTT UD Asia is the real estate unit of the Japan-listed telecommunications giant NTT Group. The company has a significant international footprint, with projects in major global cities like New York, London, and Tokyo, and specializes in commercial properties and mixed-use developments across Southeast Asia.
CLI, on the other hand, is a dominant force in the Philippine regions of Visayas and Mindanao, with a portfolio of nearly 130 projects across 18 cities.
