FeatureFinanceProperty

DMCI Homes eyes Metro Manila and Davao for Condo Expansion Project

“We’re looking at new product formats that would suit the evolving needs and preferences of the market but still consistent with our value-for-money proposition,”

Quadruple A developer DMCI homes aims to add more residential condo projects within and outside the Metro Manila area this 2018 after record year in sales and reservation last 2017.

A report from the DMCI mentions that strong sales of all its ongoing developments last year helped DMCI Homes record Php 38.9 billion in sales and reservations – 53 percent higher than its target of Php 25.5 billion for 2017.

For this year, the property arm of DMCI Holdings Inc. has lined up mid-rise and high-rise developments in Parañaque, Las Piñas, Pasig, Pasay, Manila and Quezon City.

Eight residential condo projects have been penciled in for launch in 2018.

“We’re looking at new product formats that would suit the evolving needs and preferences of the market but still consistent with our value-for-money proposition,” DMCI Homes President Alfredo Austria said.

The developer known for building resort-inspired communities is also eyeing another residential condo project in Davao City following the consistent strong sales recorded by its initial offering in the King City of the South, Verdon Parc adds the DMCI report.

The company is bullish on Davao City’s real estate sector following positive forecasts on residential projects in urban areas all over the country for 2018.

Related Articles

Back to top button