Places

CLI ventures into co-living, opens The Pad in Q3 2023

Friday, April 14

Leading developer in Vismin Cebu Landmasters, Inc. (CLI) through Sugbo Prime Estate, the company’s joint venture with the Fararrons Family introduces its co-living brand set to open for occupancy in Q3 this year.

Located within Banilad High Street, a 7,500 sqm mixed-use property along Banilad Road in Cebu, The Pad Co-Living is CLI’s first co-living space built for students and young professionals looking for a communal space and flexible housing option right at the heart of the bustling city.



The two-tower development features 256-room accommodation available for long-term dormitory stays and hostel bookings of up to 440 persons.

The Pad Co-Living highlights a flexible room arrangement for single, double, or multi-sharing occupancy for up to 4 people. Its fully furnished rooms, curated amenities, and soon-to-open retail outlets are purposely built to provide those who are looking for shared living spaces together with people who have similar values, passion, stories, and ambitions.



Designed to complement the lifestyle of a young hardworking Cebuano, each 15 sqm unit at The Pad Co-Living is complete with a bed with mattress, an ensuite toilet, and bath, a work desk and chair, a closet, and air-conditioning.




The Pad Co-Living’s five-story building is also adorned with an in-house roof deck lounge, a shared cooking area, 24/7 security, and free wifi access ideal for those with remote work. Adjacent to the building is a rooftop restaurant and swimming pool for hostel guests.

Its strategic location along Banilad Road, Cebu City provides nearby access to central business districts, and commercial and retail establishments and is structured along a national road, making it an easy walk or travel for future residents.




The property is a walk away from Cebu IT Park—a hub for Business Process Outsourcing (BPO) firms, and a ride away from top educational institutions.

CLI chairman and CEO Jose Soberano III said: “We’re happy to unveil our first venture into co-living. The Pad will provide a secure transient home to young professionals like IT-BPO workers and students seeking well-located, affordable housing that they will be proud of.




Cebu Landmasters has a total portfolio of 10 properties under CLI Hotels and Resorts. 

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