Cebu Landmasters and Japan’s NTT Urban Development (NTT UD) Asia have recently broken ground on The Wave Towers, beginning with its first tower, Nagomi, the P9.2-billion first phase of the project.
Through their joint venture, CLI NUD Ventures, Inc., the development marks Cebu’s first Japanese-inspired residential community, introducing a new wave of modern living to the city.

“The groundbreaking and launch of phase 1 of The Wave Towers mark a significant milestone for both Cebu Landmasters and NTT UD. This partnership brings to life a shared vision – one that combines innovation, craftsmanship, and respect for culture and community. More than just a collaboration, The Wave Towers stand as a testament to Cebu’s growing prominence as a center for world-class real estate development,” said Jose Soberano III, CLI chairman and chief executive.
The Wave Towers were designed in consultation with Nikken Sekkei, a Japanese firm celebrated for precision, balance, and elegance in modern architecture. The project fuses Japanese aesthetics with Filipino warmth, drawing inspiration from the natural flow of waves to create a harmonious blend of calm and energy.


Designed by SY2, a leading structural design firm in the Philippines, the towers meet international standards for structural integrity and resilience. Nagomi Tower will rise 40 storeys with 709 premium units, featuring modern kitchens, built-in storage, TOTO bathroom fixtures, smart locksets, AV intercoms, split-type air-conditioning, and provisions for appliances. Two- and three-bedroom units also include Japanese-designed multipurpose rooms and shoe cabinets.
Residents will enjoy a sixth-floor shared amenity Deck with a spa, pool complex, fitness center, Japanese garden, kids’ play area, and game room. The 37th-floor Sky Deck offers a gym, library lounge, and open-air viewing deck. The tower also features a commercial podium with curated retail spaces, five elevators, wide hallways, and dedicated parking.


The Wave Towers is the first joint venture between CLI and NTT UD Asia, a subsidiary of Japan’s NTT Group with projects in Tokyo, New York, London, Boston, Melbourne, and Ho Chi Minh City. This partnership demonstrates NTT UD Asia’s confidence in CLI’s expertise and leadership in VisMin real estate.
Through The Wave Towers, CLI and NTT UD Asia aim to redefine Cebu’s urban living, blending Japanese design sensibility, Filipino warmth, and a shared commitment to innovation.







