DMCI Homes has almost sold out its three-tower residential condominium called Prisma Residences in Pasig City, generating about P11.4 billion in reservation sales.

The Consunji-led property developer said in a statement that it is now down to the last 214 units for the project, thanks to high demand in the area.

Citing a study by property consultant Colliers International, DMCI Homes said high residential demand in Pasig is seen to continue in the next three years due to the entry of offshore gaming firms.

“Colliers expects leasing to remain firm over the next three years as the entry of offshore gaming firms in Quezon City and Ortigas Center should boost residential demand in these areas,” Colliers International said in its 2nd quarter property market report.

The company also noted a study by Santos Knight Frank, which said that Ortigas and Makati booked the fastest take-up rate at more than 20 units per month, compared to almost 150 units per month in the Bay Area in the second quarter.

The continued demand for units in Pasig City has prompted DMCI Homes to launch another project in the area.

“We are currently exploring product designs that could better address the needs of homebuyers in the area,” DMCI Homes Assistant Vice President for Project Development Dennis Yap said in a statement.

DMCI Homes targets to complete Prisma Residences’ Astra building by April 2022. The Celeste tower is set to be finished in April 2023, while the Kiran building will be complete by April 2024.

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