Property developer DMCI Homes has reported brisk demand for its residential condominium project in Pasig, Prisma Residences, prompting further expansion of this project.
The property developer, which has 11 residential condominium towers in Pasig City to date, now plans to add another tower to its Prisma Residences development along Pasig Boulevard to meet rising demand.
The third building, Kiran, is now being planned following brisk take-up of the first two, Astra and Celeste. As of September, the two buildings were 98-percent sold with combined total reservation sales of some P8.7 billion.
The Prisma Residences and another development in the area are among the top contributors to the strong sales performance of DMCI Homes in the first three quarters of 2018.
The property arm of DMCI Holdings recorded P33.48 billion in reservation sales for the first three quarters of 2018, putting it on track to meeting its P40 billion adjusted sales target for the year.
“If it’s any indication of the robust property market in the city, our Pasig projects have been consistent key contributors to the company’s growth through the years,” DMCI Homes assistant vice president for project development Dennis Yap said.
“Prisma Residences, for one, has always been a top-seller since the first tower was launched in 2017,” he added.
The strong take-up for residential units in the two-hectare property with resort-inspired amenities was attributed to its prime location along Pasig Boulevard corner C.P. Garcia Avenue (C5 Road).
Prisma Residences is situated in the middle of the Ortigas and BGC central business districts and pitches a 360-degree view of the Ortigas and Makati skylines, as well as the mountains of Antipolo and Laguna de Bay at the roof deck.
DMCI Homes’ other residential condo projects in Pasig City include: Satori Residences, Brixton Place, Lumiere Residences, Sheridan Towers, East Raya Gardens, Riverfront Residences, Mayfield Park Residences, Levina Place, and Mirea Residences.