July 18, 2019
Quezon City, in recent years, has evolved into a charming community that entwine...
January 10, 2011
DMCI Homes, todayâ€™s leading resort-inspired residential communities, sustains its winning form into 2011 by formalizing a tie-up with BDO Capital and Investments Corp., an umbrella group of ancillary banks and financial institutions, which will pave the way for the builder/developerâ€™s unprecedented growth as a major player in the Philippine real estate industry.
With bullish plans of expanding its construction projects and land acquisition initiatives, DMCI Homes is aiming to work with BDO Capital to accomplish goals for growth prospects.
Joseph Ramil Lombos, DMCI Homes Director for Finance and Operations, explained that at the onset, DMCI Homes was initially targeting P5 billion to raise from the corporate notes facility as allocation for land acquisition, project construction developments, and other general corporate requirements in 2011. Eventually through fund sourcing, DMCI Homes came out being oversubscribed at P10 billion.
â€œIn itself, we already considered the feat as a milestone for the company, despite the presence of bigger real estate companies in the Philippines,â€ Lombos said. â€œBanks and financial institutions are now regarding DMCI Homes as one of the big real estate companies.â€
The agreement with BDO Capital is likewise being considered by DMCI Homes as â€œa vote of confidenceâ€ for the company. â€œDMCI is known as the countryâ€™s leading construction and development industry for than 50 years. As such, we feel that it is a good way for DMCI Homes to be known more as a real estate company. Coupled with new projects weâ€™ll soon be introducing to the market and close monitoring of major infrastructure projects, thereâ€™s no way weâ€™d have difficulty attaining our goal of becoming one of the top real estate companies in the country today.â€
For 2011, Lombos shared that the company is planning to continue land acquisition to add to its existing properties then start off project launch in last quarter of 2011-2012.
In all this, however, Lombos noted they are also looking at the market with caution. â€œWeâ€™d like to manage where we are going so weâ€™re looking at a faster turnaround for the properties, to develop them as fast as we can and translate to market sales right away.
For now, DMCI Homes will still focus on what it does best â€“ building medium-rise developments which constitute 70% of its projects. The triple A builder-developer has established its expertise in this segment, offering bigger condo units with livable spaces along with other advantages such as resort-style amenities, first-rate quality finishes and building provisions, an efficient property management office, plus real value-worthy financing schemes for condo homes.
With the eventual shift to high-rise developments, the same trademark advantages started by DMCI Homes for its mid-rise projects will be sustained, Lombos said. He cited as an example current projects like La Verti Residences in the Pasay-Taft-Manila area which will offer a high-rise condo built amidst lots of space and greenery.
Signs are positive for consistent growth for the company well into 2011, with 2010 sales hitting the P15 billion mark, in the process attaining one of the top rank real estate companies in terms of gross sales.
DMCI Homes is the countryâ€™s premier triple A builder-developer that brings serviced, themed communities within reach of urban families who once had limited residential options, but still aspire to achieve a comfortable, enriching quality of life proximate to their place of interest. For on DMCI Homes projects, please call 324-8888 or visit the website: https://www.dmcihomes.com
Leave us a message and we will get back to you as soon as possible.
Personal, sensitive and privileged information that you provide shall be used for transactions related to the sale of the Company’s products and all matters arising out of the said transaction.
All information collected by the Company shall be considered accurate unless the Client/Potential Client requests for update. It shall never be the responsibility of the Company to ensure validity/accuracy of information shared by the Client/Potential Client.
Under the Data Privacy Act of 2012, you have the right to access, modify, erase and/or object to any processing of personal, sensitive or privileged data that you have provided to us. To do so, kindly contact our Data Protection Officer with the following information:
The Company will not impose any charge to cover the cost of verifying a request for information and locating, retrieving, reviewing and copying any material requested.
Please note, however, that the Company’s decision to provide such access or consider any request for correction, erasure and objection to process of the personal data as it appears in our records is subject to any exceptions under applicable laws, rules and regulations and/or the Act.
We have implemented technological, organizational and physical security measures to protect your information from loss, misuse, modification, unauthorized or accidental access or disclosure, alteration or destruction. We put in effect safeguards such as:
Keeping and protecting your information using a secured server behind a firewall, deploying encryption on computing devices and physical security controls
Restricting access to your information only to qualified and authorized personnel who hold your information with strict confidentiality including third-party personnel/company who may be required to process your information.
The data will be kept within 10 years from date of last engagement (e.g. release of transferred title, release of documents related to back-out) or as may be required by existing laws, rules and regulations, unless you request your data to be deleted in our systems, databases and hard copies earlier than this date, subject to limitation of applicable laws and/or the Act. Once deleted, your information will no longer be searchable or included in anonymous searches and will be completely removed from all the storage location.
By agreeing to this policy, you explicitly and unambiguously consent to the collection, processing and storage of your personal, sensitive and privileged data by DMCI Project Developers, Inc. for the purpose(s) described in this Data Privacy Notice.
You can drag the map pin to change your location.
A company representative will be in touch with you shortly.OK