DMCI unit launching P18B worth of projects

DMCI Homes, the property development unit of listed DMCI Holdings, said it would unveil seven new residential condominium projects worth P18 billion this year.

In a statement, the company said these would translate to about 6,088 units of fresh inventory for the mid-income property market.

The new projects—to be put up in strategic areas in Metro Manila—are consistent with the developer’s unique proposition of providing top-quality condominium homes to young families.

Compared to entry-level studio units mostly constituting the mid-income segment, DMCI Homes offers more spacious options such as two-bedroom units. The projects will be a mix of mid- to high-rise vertical community developments. These include: Zinnia Towers, along North EDSA, Quezon City; One Castilla Place in Valencia, Quezon City; a high-rise development along A. Bonifacio St. in Quezon City; Verawood Residences in Acacia Estates, Taguig; Torre de Manila on Taft Ave. in Ermita, Manila; and Serissa Residences, a medium-rise community along Alabang-Zapote Road in Las Piñas.