DMCI Homes, Inc. unveiled on Wednesday the fourth tower at its P3-billion Verdon Parc residential estate in Davao City, following the robust take-up of the first three towers.
In a statement issued Thursday, the residential arm of DMCI Holdings, Inc. said the last tower in the estate called Maurin will have 22 storeys with units covering a range of 28 to 56.5 square meters each. Units are priced at P2.9 million upwards.
Maurin’s launch comes amid the sale of 837 units from the first three towers in Verdon Parc, called Martel, Belvedere, and Trevans, worth P2.76 billion.
DMCI Homes said unit buyers were a mix of end-users and investors, owing to the proximity of the development to commercial establishments, educational institutions, places of worship, hospitals, and government agencies.
“As reflected by Verdon Parc’s consistent strong sales performance, more and more Davaoeños are seeing residential condos as versatile solutions to urban living challenges,” DMCI Homes Assistant Vice-President for Marketing Jan Venturanza was quoted as saying in a statement.
The company has earlier said the entire development will have a total of 1,978 units, with completion slated for 2021. Maurin is expected to be completed by October of that year.
DMCI Homes’ residential condominium also features single-loaded hallways, garden atriums, a kiddie pool, lap pool, gazebo, fitness gym, entertainment room, children’s play area, and podium deck area.
DMCI Homes booked a net income of P2.7 billion in the first nine months of 2017, up 59% from year-ago levels due to higher sales and reservations.
Shares in DMCI Holdings stood at P13.80 at the close of Thursday’s trading at the Philippine Stock Exchange, down by 20 centavos or 1.43% from the previous session. — Arra B. Francia
