Stock News 2012: DMCI eyes 20% sales growth

Map of Quezon City's legislative districts. (Photo credit: Wikipedia)
DMCI Homes, the property development unit of Consunji-led firm DMCI Holdings Inc., is eyeing a 20 percent growth in sales and reservations this year, according to a top company official.

DMCI president Isidro A. Consunji said the company is accelerating product launches this year to take advantage of the flourishing property sector, supported by low interest rates.

“Sales and reservations are forecast to rise 20 percent this year from P17 billion in 2011,” Consunji said.

DMCI Homes has earmarked P13 billion this year for the launch of seven new residential projects equivalent to 5,800 units.

The new projects will be a mix of mid-to high-rise vertical community developments, located in key strategic areas within Metro Manila.

Among these new projects include One Castilla Place in Valencia, Quezon City, Zinnia Towers (located along North Edsa, Quezon City), a high-rise development in another prime Quezon City location along A. Bonifacio Street; Verawood Residences in Acacia Estates, Taguig; Torre de Manila a high-rise development in Taft Avenue in Ermita, Manila and Serissa Residences, a medium-rise community along Alabang-Zapote Road in Las Piñas.

The housing segment contributed P1.245 billion to DMCI Holdings’ total net income in the nine months ending September 2011, up 23 percent from P1.01 billion the previous level.

DMCI Homes registered a 25 percent rise in revenues to P5 billion with sales coming from existing projects - East Raya, Magnolia Place, Mahogany Place 3, Ohana Residences and Rosewood Pointe.

http://www.philstar.com/Article.aspx?articleId=781505&publicationSubCategoryId=66

Stock News 2012: DMCI bares 7 condominium projects

DMCI Homes, the property development unit of DMCI Holdings, announced Tuesday at least seven new residential condominium projects that will be unveiled in 2012, investing up to P18 billion or around 6,088 units of fresh inventory in the burgeoning local mid-income property market.

These new projects – located in key, strategic areas within Metro Manila – are in line with the developer's unique proposition of providing top-quality condominium homes to young families. Such developments continue to live up to the company's reputation for pioneering genuine resort-inspired residential condominium communities.

Additionally, compared to entry-level studio units mostly comprising the mid-income segment, DMCI Homes offers more spacious options such as two-bedroom units, which are considered its standard or most popular offering among buyers.

The projects will be a mix of mid- to high-rise vertical community developments. These include: Zinnia Towers, located along a prime property along North EDSA, Quezon City; One Castilla Place in Valencia, Quezon City; a high-rise development in another prime Quezon City location along A. Bonifacio Street; Verawood Residences in Acacia Estates, Taguig; Torre de Manila a high-rise development in Taft Avenue in Ermita, Manila and Serissa Residences, a medium-rise community along Alabang-Zapote Road in Las Piñas.

DMCI Homes is a company of innovative builders and engineering experts that develop modern-day living solutions for urban families. Each of its developments is built with world-standard craftsmanship borne from D.M. Consunji Inc.'s almost 60 years of experience in the construction and development industry.

http://mb.com.ph/articles/347664/dmci-bares-7-condominium-projects

Stock News 2011: DMCI flaunts high-rise expertise

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With DMCI Homes taking the top spot in the medium-rise residential development category, it’s only consequential for the builder-developer to literally, level up.

The company’s latest project is Flair Towers – a two-tower high-rise condominium complex that will reflect the same winning advantages that have generated success for DMCI Homes’ mid-rise projects all over the metro. Following the developer’s commitment to innovation, this project will emerge with its own outstanding attributes that will distinguish it from other products in the market.

DMCI Homes uses its 55-year construction heritage to do what may seem impossible: turn high-rise living into a resort-style daily experience. Rising at 41 storeys on 1.4 hectares of prime land, Flair Towers uses the company’s expertise in creating luxurious communities for condo dwellers. DMCI Homes tempers the modern constraints of urban living through a grand solution: the Lumiventt Design Technology.

This innovative concept in high-rise living refers to an architectural building design that aims to maximize the natural benefits of “light” (lumen) and air (ventus). The Lumiventt design allows light to enter and fresh air to freely circulate among common areas and even in the residents’ individual units through Sky Patios, or three-storey high openings at the front and back of each building, on every five floors.

http://www.mb.com.ph/articles/322854/dmci-flaunts-highrise-expertise