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.
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Woodcrest Residences
In a peaceful nook, in Guadalupe, Cebu City, Woodcrest Residences
provides the harmony between your fast-paced lifestyle, and the desire
to be embraced by a naturally therapeutic environment.
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Collinwood
Quench your thirst for a life so dreamed and realize it with
Collinwood: a place built to be yours!
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La Montaña Homes
A socialize housing development with very affordable, attractive and well constructed Row House, Duplex and Single Detached units located in Barangay Cabangahan, Talamban, Cebu.
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188 Sunflower Drive
Our take of upscale West Coast living is nestled perfectly in the heart
of vibrant Cebu City! At 188 Sunflower Drive, life blossoms!
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Acacia Place
Come… Seek out that place where innocence and simple motivations dwell.
It is that most sacred of places, where the real and meaningful values
of life are precious. Family. Kins. Friends.
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Brookfield Subdivision
We know it's not really the choice of fancy houses that will make you
want to own a home. It's the meaningful relationships you're bound to
develop and cherish while living there.
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Past Projects
Villa del Rio I
Bacayan, Cebu
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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.
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Villa del Rio II
Pitos Talamban, Cebu City
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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.
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Garden Bloom Acres
Consolacion, Cebu
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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.
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Puerto del Sol
Pooc, Talisay City, Cebu
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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.
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Villa del Rio Mactan
Babag, Mactan City, Cebu
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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.
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East Aurora Tower
Villa Aurora, Kasambagan, Mabolo, Cebu
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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.
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North Singson Flats
Guadalupe, Cebu
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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.
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Company History
| 1992 |
CEI is incorporated in June 1, primarily as a joint effort between Primary 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.
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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. |
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| 1993 |
CEI forms a subsidiary, Common Bacayan Development Corp (CBDC), to develop Phases 2 and 3 of Villa del Rio . CEI remains the developer of Phases 1 and 4; it also retains overall marketing duties for the entire project. |
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| 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
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| 1997 |
The 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. |
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| 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 by CBDC, is launched. The development comprises over 250 housing units spread over four hectares of land covering five phases. |
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| 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 by CEI 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. |
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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. |
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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. |
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Corporate Values
- COMMITMENT
- QUALITY ORIENTATION
- TEAMWORK
- INNOVATIVENESS |
AFFILIATES: |
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