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True to DMCI Homes’ commitment of delivering projects on or ahead of time, two of the company’s top-selling developments in Pasig City are now ready for occupancy (RFO), a year ahead of their respective turnover schedules.

The turnover of units in Sheridan Towers’ South Tower and Lumiere Residences’ East Tower starting in the second half of September, comes amid the robust sales recorded by both resort-inspired developments of the country’s first Quadruple A developer, DMCI Homes.

The two-tower development in Sheridan Street in Pasig City is already 100 percent sold out as of September 2017, earning over P7 billion from the 2,204 total unit inventory.

On the other hand, 97% of the 2,412 total unit inventory Lumiere Residences is already sold as of September this year. The three-tower development in the corner of Pasig Boulevard and Shaw Boulevard has posted sales take-up amounting to P8.1 billion since it was launched in 2013.

"We'd like to believe that the consistent high sales recorded by all our developments is because we were able to provide superior value for our clients’ money in our earlier projects," DMCI Homes President Alfredo R. Austria said.

"In return, we always aim to repay our clients' trust by among others, delivering their dream homes at the earliest possible time," he added.

Sheridan Towers’ South Tower is originally set for turnover in November 2018 while Lumiere Residences’ East Tower is initially targeted for RFO in October next year.

DMCI Homes President Alfredo R. Austria recently led officials and employees in honoring the latest awardees of Sikat, Angat, and Tumpak Quality Programs who he said had fueled the unprecedented sales success DMCI Homes has been enjoying in recent years.

Leading the awardees are the first batch of Sikat employees or those who were nominated by their internal or external customers for their excellent performance at work or for rendering quality service.

Sikat awardees include Belinda Dela Cruz, remedial accounts assistant of Legal Department; Luisito Diez, staff member of the Information Technology Department; Floyd Ban, associate property manager of Mahogany Place 3; and Edgar Sanchez, property manager of Rhapsody Residences.

For the company's year-long Tumpak construction quality management competition, the third batch of awardees are the following: Alea Residences project-in-charge Christian Tuazon (Quality Compliance Consciousness and Quality Responsiveness Awards, Category A); Brio Tower PIC Enhart Tolentino (Quality Compliance Consciousness Award, Category B); and Asteria Residences PIC John Edchel Tugado (Quality Compliance Consciousness Award, Category C).

On the other hand, Dansalan Gardens by Property Manager Mary Delot Estaris (older projects); Siena Park Residences by Property Manager Jonalyn Bendo (old projects); and The Amaryllis by Property Manager Richelle Paringit (new projects) were the top awardees for the second quarter evaluation of the property management competition Angat.

Held at the Multipurpose Hall of DMCI Homes Corporate Center last August, the company also took the opportunity to recognize employees who recently passed their respective licensure examinations.

Recognized for passing the Architecture licensure examinations were Architects Eunice Abalos, Gene Paulo Cabezudo, Jillian Dane De Guzman, Julie Anne Torres, Ann Catherine T. Patagnan, and Emmanuel Ryan Ornos, who are all members of the Design and Engineering team.  Richard Jara and Mara Ferelie Olavere of Construction department were also recognized for being newly licensed architects.

Oak Harbor Residences, DMCI Homes' first luxury development is over 98 percent sold out less than a year after it was launched in the fourth quarter of 2016.

The first and only luxury waterfront property in Bay City developed by DMCI Homes Exclusive—the premium brand of the Philippines' first Quadruple A builder-developer—has earned P6.64B from over 400 units sold as of August 29.

Oak Harbor Residences occupies a sprawling 12,000 square meter property right in front of Manila Bay and a kilometer away from Okada Manila.

Jan Venturanza, DMCI Homes AVP for Marketing said the company has expected the phenomenal sales of Oak Harbor Residences given the high demand for waterfront homes and the property’s excellent location.

“With Oak Harbor, you’re getting a premium waterfront home in an emerging business and entertainment hub that is made by the Philippines' leading developer of resort-inspired condominiums. So our expectations were really high on this project,” Venturanza said.

The resort-themed luxury condominium development’s sales success reflected the increasing demand for properties outside Metro Manila's major central business districts (CBDs) such as in Manila Bay area as shown in the second quarter report of Colliers International.

The global real estate services company said potential buyers, investors, and tenants should consider areas outside CBDs given that these locations offer competitive rents and prices, as well as better capital appreciation potential.

Fort Bonifacio and Manila Bay area lead supply growth of residential units in Metro Manila, the Colliers International’s report said.

"The availability of developable land and the benefit of future infrastructure improvements make these locations attractive," Colliers International senior research manager Randwil Dinbo Macaranas said.

Despite the high demand for properties outside major CBDs, Colliers International still advised developers to differentiate their products by providing lifestyle-oriented amenities, unique retail options, and recreational elements within their development.

Oak Harbor Residences’ Westport and Lauderdale buildings are up for completion in June 2020. The third building, Aston, is seen to be finished by December 2021.