Cebu Landmasters Inc. (CLI) and Japan’s NTT Urban Development (NTTUD) Asia recently launched The Wave Towers, a P 9.2-billion premium residential development in Cebu IT Park, one of the country’s top business and IT hubs outside Metro Manila.
The Wave Towers is the first project under CLI NUD Ventures, a joint venture between CLI and NTTUD Asia. It also marks CLI’s first international partnership.
NTTUD is the real estate arm of Japan’s NTT Group and has developments in cities such as New York, London, Boston, Melbourne, and Tokyo.
The project is inspired by Japanese design principles and Cebuano creativity. It aims to offer a calm and high-quality urban lifestyle in one of Cebu’s busiest districts.
“With The Wave Towers, we’re setting a new standard for Cebu’s urban living, where design meets cultural respect and harmony,” said CLI chairman and chief executive officer Jose Soberano III.
“This vision is made possible through our partnership with NTT UD Asia, blending their global design expertise with our local insight to create homes that reflect purpose and lasting value.”
The development will have two residential towers, starting with the 40-storey Nagomi Tower. “Nagomi” is a Japanese word that means harmony or calm. The tower will include 709 residential units with minimalist interiors, smart digital locks, modern intercom systems, premium bathroom fixtures, and luxury vinyl tile flooring in bedrooms.
The project will also offer lifestyle amenities. The 6th Floor amenity deck will include a pool complex with sauna and spa, fitness center, Japanese garden, children’s play area and game room. The Sky Amenity Deck on the 37th floor will have a lounge library, wellness gym and open-air sky deck with city views.
Retail spaces at the ground and podium levels will offer dining options. The building will also have five elevators, wide corridors and full backup power for added comfort and convenience.
The Wave Towers will offer studio, one-bedroom, two-bedroom and three-bedroom units to meet upscale market demand and deliver strong long-term investment value.
