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COMMONWEALTH ESTATE INCORPORATED

COMMONWEALTH ESTATE INCORPORATED
    

Commonwealth Estate, Inc. (CEI) is a Cebu-based real estate developer managed by industry experts with over 20 years of experience individually. Among the pioneers of large-scale vertical and horizontal housing developments in Cebu, CEI utilizes the synergy derived from the diverse backgrounds of its incorporators-construction, real estate, manufacturing, and engineering-to address the need for affordable, high-quality, and value-packed housing products and services.

Company History

1992

CEI is incorporated in June 1, primarily as a joint effort betweenPrimary Structures Corporation (PSC) and MATIMCO, two established Cebu-based enterprises-the former an important force in construction, the latter a leader in the lumber and wood industry. Both companies envision high-quality but reasonably priced low- to middle-cost housing developments for Cebuano dwellers.

The Villa del Rio Project-a four-phase, 400-unit development spread out over five hectares-is successfully launched. The five types of housing units (Palacios, Turriano , Hidalgo , Amorsolo, and Sedeño) generate exceptional word-of-mouth, especially due to its pre-cast concrete technology and distinctive subdivision layout and affordable prices.

  
1993CEI forms a subsidiary, Common Bacayan Development Corp (CBDC), to develop Phases 2 and 3 of Villa del Rio . CEIremains the developer of Phases 1 and 4; it also retains overall marketing duties for the entire project.
  
1996

PSC assumes full ownership of CEI as MATIMCO divests to focus on its core businesses. The new CEI board decides to develop high-rise condominiums for urban dwellers. The undertaking complements CEI's existing subdivision projects. Thus, the reorganization results in the following corporate structure:

  • East Apex Properties, Inc. (EAPI) - incorporated to focus on vertical development (high-rises) and high-end housing units
  • CBDC - responsible for horizontal development (subdivisions)
  • CEI - becomes the marketing arm of the group
  
1997The model unit of East Aurora Tower is unveiled as part of an 18-storey residential condominium project developed by EAPI. By situating itself in a prime location at Villa Aurora, Mabolo, Cebu City -an accessible site located in a good neighborhood- East Aurora Tower , with its four parking lots, is able to distinguish itself from the construction frenzy of the time.
  
1998

East Aurora Tower is completed despite a regional economic crisis the previous year that forces other developers to delay or altogether abandon their projects.

Villa del Rio 2 at Pit-os, Talamban, Cebu City, developed byCBDC, is launched. The development comprises over 250 housing units spread over four hectares of land covering five phases.

  
1999

Within a year of the Villa del Rio 2 launch, nearly 80% of the Villa del Rio 2 housing units are sold.

Riding the momentum of the success of Villa del Rio I and II, Garden Bloom Acres, with over 300 housing units spread out over a five-hectare property in Pitogo, Consolacion, Cebu , is successfully launched. It is an impressive display of versatility byCEI as an entirely new market is tapped with the unveiling of Garden Bloom Acres. More affordable than the Villa del Rio developments, Garden Bloom Acres demonstrates that CEI is equally adept at building both middle- and high-end housing communities.


The Projects


Villa del Rio I
Bacayan, Cebu

A tranquil, six-hectare, Mediterranean-inspired community with brick roads, red-hued pavements, and Old Spanish-style houses. Villa del Rio I captures the essence of the countryside by providing tasteful private homes nestled amid the lush greenery, cool fresh air, and a view of the calming Butuanon River . Large parks and playgrounds, enlightened landscaping, and a multi-purpose center ensure a thriving sense of community.

Villa del Rio II 
Pitos Talamban, Cebu City

Drawing on our rich Spanish heritage for its design, Villa del Rio II presents discriminating middleclass families a wide selection of houses located in a serene enclave and constructed with the highest workmanship. For families who seek affordable housing, this is nevertheless prosperous living with a comprehensive array of amenities-even its own commercial center-and a progressive, lower-density subdivision layout.

Garden Bloom Acres 
Consolacion, Cebu

Young couples dream. Of starting a family. Of owning a house. Garden Bloom Acres nurses their dreams into reality by offering them the dignity of affording their first home. A home that is near their child's school. Near the mall where they may enjoy contented afternoons as a family. Near the church so together they may express gratitude for their blessings. As young couples embark on their brave new journey, Garden Bloom Acres is the first stop.

Puerto del Sol 
Pooc, Talisay City, Cebu

A gateway to the best things in life, Puerto del Sol seamlessly unites nature's riches with the peace of mind of modern subdivision living. Lovingly landscaped entrances and an elegant guardhouse welcome your arrival. The 63 house and lots spread out over 10,000 square meters are as far removed from the rigors of life as you could ever hope to be. Encounter the charms of making your home also your hideaway.

Villa del Rio Mactan 
Babag, Mactan City, Cebu

Historic Mactan seems to possess it all-world-class beach resorts, an international airport, a well-known casino, a vibrant export zone. But until now, the island lacked a living space worthy of its multi-faceted qualities. Villa del Rio Mactan fills this gap, drawing on Mactan's vitality then infusing its unique version of serenity. At Villa Del Rio Mactan, the perfect getaway simply means going home.

East Aurora Tower 
Villa Aurora, Kasambagan, Mabolo, Cebu

Urban living at its most progressive-18 painstakingly planned floors that is the new preferred residence of the successful urbanite. East Aurora Tower ensures all the qualities of high-end condominium living are present-a prime location that is a stone's throw away from shopping centers, schools, and churches along with 24-hour security. Yet it does not forget that, in the end, it is still what you will call home. The elegant lobby is contrasted by the hominess of oak flooring in the bedroom and the restful view from its much-praised roof deck gazebo.

North Singson Flats 
Guadalupe, Cebu

There are those who prefer the coziness of a walk-up flat to the frenzy of a high-rise apartment. North Singson Flats grants you the accessibility, comfort, and luxury of the latter, but in the form of three-storey and studio-type units. The first of its kind in the region, these flats are designed for dwellers who want to watch the sunset from their very own balcony, who desire the homey familiarity of being able to walk straight to your front door without the aloofness of having to enter an elevator.

Brookfield Subdivision 
Sudtunggan, Lapu-Lapu City, Mactan Island, Cebu 

For free spirits who nevertheless long for a deep sense of community. Just a short distance from the famous beaches of Mactan, Brookfield Subdivision attracts a certain kind of person-nature-lovers who seek the fellowship of kindred spirits, parents who want their children to be able to walk the tree-lined streets and play with their friends down the road, neighbors who share happy afternoons outdoors over barbeque and drinks. It's all about community at Brookfield

Acacia Place 
Banawa, Cebu City 

Urban living redefined. Tucked away in a quiet corner, in the bustling heart of the metropolis, is a sanctuary where family and relationships flourish. A product of a reputable developer, Acacia Place is an oasis that is a harmony of modern village amenities and landscaped gardens

188 Sunflower Drive 
V. Rama Avenue, Cebu City 

188 Sunflower Drive is an everyday adventure for you to get to know your community, have great and secured time for your family, and that sought-after peace of mind and little luxuries that make everyday living truly rewarding. At 188 Sunflower Drive, life blossoms!

Collinwood 
Basak, LapuLapu City 

At Collinwood, marvel at the way life becomes simply as you want it to be: comfortable, secure and with all the necessities, conveniences and little luxuries within reach. We offer Spanish-inspired houses designed to suit yours and your family's very discerning tastes.

The CEI Advantage

Living in the Queen City of the South has its own rewards, specially if you choose to live in a community built by CEI.

Among the very first to develop large-scale housing projects in the island province of Cebu , CEI has a vast knowledge of the area where their communities rise. Guided by its mission of enriching Filipino lives, CEI makes use of the combined expertise of its people-in construction, manufacturing, engineering and real estate-to provide more than just high-value structures.

All CEI developments are characterized by an apparent attempt to raise the quality of life of its residents. The workmanship, amenities and services that come with each development all indicate a community that is well-planned and responsibly managed.

Owning a CEI property is a worthy investment. Apart from its value and quality, its location also serves as a very good reason to invest. Being the focal point of growth and development in the Philippine South, historic Cebu boasts of having the highest economic growth rate in the country, leading in both traditional and non-traditional exports.

The island province is also a prime tourist destination-rich with cultural and historic heritage and blessed with luxurious white sandy beaches, incomparable diving grounds and year round tropical weather.

Very accessible, Cebu can be reached from anywhere in the world. Its Mactan International Airport services flights from all over the globe.

While life can be highly-urbanized in a thriving metropolis such as Cebu, it can be very idyllic as well. Surrounded by crystal blue waters and numerous beautiful islets, Cebu is a haven for leisure. Five-star hotels and first-class resorts abound in the island. So do golf courses and countless places to go to relax, play, dine, shop or simply enjoy life.

So come live in a community where the backdrop is the merging of history and progress, culture and modernity, past and future. Where quality of life is foremost in the minds of the people who built it. Where the good life is not just a promise but an everyday experience.

Our Mission

To enrich the Filipino lifestyle by providing top-quality shelter at the best value through a holistic integration of advanced housing technology, innovative financing, and creative marketing with the objective of establishing well-planned and responsibly managed communities.

Our Vision

CEI, by building dynamic communities, ensuring total customer satisfaction, and promoting the welfare of its employees, will sustain its growth and become the nationally recognized industry leader in real estate development.

Corporate Values

- COMMITMENT
- QUALITY ORIENTATION
- TEAMWORK
- INNOVATIVENESS

     Come make CEI your home...

 

OUR DEVELOPMENTS

WOODCREST RESIDENCES
COLLINWOOD
BROOKFIELD SUBDIVISION
188 SUNFLOWER DRIVE



 

 
Tel # +63.32.254-3054 | +63.32.254-3058 | +63.32.253-1315 (F) | +63.32.253-8025 (F)
CEI Building, 311 V. Rama Avenue Cebu City Cebu
primaryhomes@gmail.com
 
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