Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

DMCI Homes eyes up to 3 new projects

by
December 2, 2024
in Top News
0
DMCI Homes eyes up to 3 new projects
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter
THE VALERON TOWER — DMCIPROJECTS.NET

By Almira Louise S. Martinez, Reporter

CONSUNJI-LED developer DMCI Homes, Inc. is eyeing to launch two to three more projects in 2025, according to its president.

“If sales are very good, we will launch maybe two or three more projects,” DMCI Homes President Alfredo R. Austria told reporters on Friday last week.

However, this may not happen in the first half of 2025 “due to recent project launches,” he noted.

He cited new projects in Quezon City, One Delta Terraces, and Kalea Heights, the company’s first four-tower project in Cebu.

DMCI Homes is targeting P37 billion in sales and reservations for 2025.

According to Mr. Austria, Baguio, Quezon City, Taguig, and Laguna are some of the possible areas for the DMCI Homes’ next launches in the second half of 2025.

He said the company aims to focus on the sales of its existing projects before venturing into new ones.

“We also want our sales team to focus on our ready-for-occupancy projects.”

The Cresmont, a single-tower condominium in Quezon City by DMCI Homes, will have its unit turnover this month, remaining on track with its original schedule.

“We saw that many projects around us are not finished on time,” Mr. Austria said. “Despite the difficulties of the environment, especially brought by the pandemic, our delivery is still on time.”

Reflecting on the company’s challenges during the lockdown, Mr. Austria said that the majority of Cresmont units had been sold before the pandemic.

“It was actually almost sold out in 2019 before the pandemic. It was selling fast,” he said. “After the pandemic, Chinese buyers, one after the other, backed out.”

He noted that even Filipino buyers canceled their payments because of the public health crisis.

At present, around 190 units have become available again in the project.

DMCI Vice-President for Project Development Dennis O. Yap said that the lower interest rate will help the company increase its ready-for-occupancy sales.

“Before, maybe the market was discouraged from buying ready-for-occupancy units because of the interest rate,” he told BusinessWorld.

“Our main target end-users want to be able to occupy the units right away,” he said. “So, we feel like the situation of our ready-for-occupancy units will definitely improve.”

ShareTweetPin

Related Posts

Have a taste of the perfect day in paradise with SULÀ Spirits
Top News

Have a taste of the perfect day in paradise with SULÀ Spirits

January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
Top News

First months of 2025 likely rainy amid La Niña conditions, says PAGASA

January 8, 2025
December inflation rises to 2.9%
Top News

December inflation rises to 2.9%

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
PHL end-December dollar reserves drop to $106.8B
Top News

PHL end-December dollar reserves drop to $106.8B

January 7, 2025
Next Post
PhilHealth budget tied to tobacco tax money, credit ratings upgrade

PhilHealth budget tied to tobacco tax money, credit ratings upgrade

Recommended

How to finance a vehicle through your business

How to finance a vehicle through your business

November 19, 2024
Crypto Market Recap: White House Hosts Bitcoin Summit, Texas Votes “Yes” on Bitcoin Reserve

Crypto Market Recap: White House Hosts Bitcoin Summit, Texas Votes “Yes” on Bitcoin Reserve

March 9, 2025
Arts & Culture (08/28/24)

Arts & Culture (08/28/24)

August 27, 2024
Stock Market News UK Update: FTSE 100 & 250 Rise

Stock Market News UK Update: FTSE 100 & 250 Rise

April 1, 2025
DoE sees about 300 participants in Renewable Energy Market

DoE sees about 300 participants in Renewable Energy Market

December 23, 2024
“UKPW25 Summit and UK Partner Week 2025: BPL’s Revolutionary Event for the UK”

“UKPW25 Summit and UK Partner Week 2025: BPL’s Revolutionary Event for the UK”

November 19, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Terms & Conditions
    • Thank you

    Copyright © 2024 investdailypro.com | All Rights Reserved