REVOLUTION Precrafted on Monday said it has signed P10-billion deal with Community Creators, Inc. (CCI)to supply homes for the latter’s two residential communities in Rizal and Bulacan.
In a statement, the property-tech company said it will supply 1,300 single detached homes and condominium units in Revolution Hills at Amiya Raya in San Mateo, Rizal. The homes are sized from 72 square meter (sq.m.) to 142.4 sq.m., with prices ranging from P5.9 million to P11 million.
Revolution Precrafted will also supply 30 sq.m. to 40 sq.m. condominium units through low-rise buildings in the same community. The company expects to generate P9.5 billion in revenues from the project.
“This new development is a major project for us. We have always wanted to launch projects that have close proximity to Metro Manila. We envision Revolution Hills at Amiya Raya to be a game changing development,” Jose Roberto “Robbie” R. Antonio, founder and CEO of Revolution Precrafted, said in the statement.
For the project in Malolos, Bulacan, the company will supply 90 homes. Owners of another 60 lots previously sold by CCI will be given the chance to avail of Revolution Precrafted’s units. Revenues from this project are estimated at P500 million.
Revolution Precrafted said construction of the units for the CCI projects will begin in the second quarter of 2019.
The company is currently developing prefabricated structures for Century Limitless Corp. for the $1.1-billion Batulao Artscapes in Nasugbu, Batangas, the $750-million Revolution Flavorscapes in Mexico, Pampanga, and the $125-million Puerto Azul project in Cavite.
Revolution Precrafted has also forged partnerships with property companies in Japan, Puerto Rico, Ecuador, Brazil, and Cyprus, among others. — Vincent Mariel P. Galang