DAVAO CITY — Sales from DMCI Project Developers, Inc.’s (DMCI Homes) residential project here, the Verdon Parc complex, has hit P5 billion as of June this year with more than half of the 2,204 units already sold.
In an e-mail to BusinessWorld, a representative from DMCI Homes’ marketing department said 1,536 units at Verdon Parc have been sold so far, including 663 out of the 696 in the second building, called Belvedere.
DMCI Homes announced in June that it is on track to complete Belvedere and turn over the units to buyers by March 2020.
The less than 200 units in the first building, the mid-rise Martel, were turned over in January 2017.
Construction for two other towers, Trevans and Maurin, are also under way with full project completion targeted by 2021.
Meanwhile, DMCI Homes, a unit of DMCI Holdings, Inc., has started processing the required permits for another project, which will be in partnership with local firm NCCC Group of Companies.
The project consists of a shopping mall and condominium at the site of NCCC’s Ma-a property that was razed by fire in December 2017.
Aside from the building permit from the Davao City administration, the project must also secure a preliminary approval and locational clearance from the city council.
“We will provide you with the details of the project once we get the permits,” the company said in the e-mail.
The planned condominium component would be a high-rise, two-tower building with 30 floors each. — Carmelito Q. Francisco
