DMCI Homes 3Q Sales Jump 35%

Makati—(PHStocks)—Mid-segment developer DMCI Homes, a subsidiary of DMCI Holdings Inc. (PSE: DMC) racked up 5,842 residential units in sales and reservations as of September 2016, a 35 percent increase from 4,331 units the previous year.

The double-digit growth pushed unit reservation sales of DMCI Homes to rise 38 percent to PhP19 billion from PhP13.8 billion last year. Top-selling projects include Brixton Place, Lumiere Residences and Sheridan Towers, all located in Pasig City.

This year, the developer has launched five new projects. Alea Residences in Bacoor City, Cavite; Brixton Place in Pasig City and Verdon Parc in Davao City were launched in the second quarter while Calathea Place in Sucat, Paranaque City and The Celandine in Balintawak Cloverleaf area in Quezon City were unveiled in the third and fourth quarter, respectively.

Before the year ends, DMCI Homes is set to introduce two more projects, Oak Harbor Residences, a luxury waterfront property in Bay City and the first project under the DMCI Homes Exclusive line, and Infina Towers, a two-tower high-rise project near Katipunan in Quezon City. Prices of units at Oak Harbor Residences will range from PhP9-34 million.

This year, company also announced that 12 new buildings among its ongoing projects are now ready for occupancy. These buildings are located in the following projects: Arista Residences, Zinnia Towers, Verawood Residences, The Birchwood, One Castilla Place, Outlook Ridge Residences, and Levina Place.

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