DMCI Homes, the mid-segment housing arm of the Consunji group, said sales of its residential units grew 25 percent in the first half from a year ago while reservation sales in the period soared by 39 percent to P13.5 billion.
The company said it sold 3,753 residential units in the first six months of this year compared to 3,011 units in the same period last year, while reservation sales climbed to P13.5 billion from P10.4 billion a year ago.
It said half of these reservation sales were driven by projects such as Lumiere Residences, Sheridan Towers, Brixton Place and newly launched developments Alea Residences and Verdon Parc.
DMCI Homes has committed to spend more than P10 billion this year to fund its project
developments and land acquisitions, mostly geared towards meeting strong demand for quality housing among middle-class buyers.
“We’re very excited with the projects we have in the pipeline. Five are set for launch this second half and in two of these projects, we’re offering something very different,” DMCI Homes president Alfredo R. Austria said.
One of the projects in the pipeline is a high-rise hybrid development that includes residential, commercial and office spaces, which marks the company’s entry into office space leasing.
Another project is a twin-tower high-rise development fronting Manila Bay, which is seen as the first luxury resort-inspired residential development of DMCI Homes.
The projects expected for launch in the second half are located in Makati, Parañaque and Quezon City.