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The Erin Heights | September 22, 2021
DMCI Homes hopes to sustain its strong recovery from the pandemic-induced slowdown last year by focusing on its strengths as a builder and developer of resort-inspired condominium communities.
Regaining its momentum from the sales success of its two project launches last year—Alder Residences in Acacia Estates, Taguig and The Camden Place in Malate, Manila—the Quadruple A developer launched The Oriana along Aurora Boulevard in Quezon City in April this year.
After The Oriana, the company is eyeing to launch one-tower project The Erin Heights along Commonwealth Avenue in Tandang Sora, Quezon City before year-end to capitalize on the strong demand for residential spaces in the city.
Like the transit-oriented development, The Oriana, DMCI Homes expects to generate homebuyers and investors’ interest in The Erin Heights because of the property’s proximity to the Tandang Sora Station of the Metro Rail Transit System Line 7 project, top universities, and lifestyle-focused places of interest in the area.
DMCI Homes President Alfredo Austria said the company’s integration of in-house design, engineering, and construction in its business process helped the company launch and deliver projects despite the limitations brought about by the coronavirus pandemic.
“Even before the pandemic, our approach has served our company well, allowing us to be more agile in optimizing our product offerings according to market requirements. This translates to better cost control and better value for our customers in terms of new or better product features,” Austria said.
“This also allows us to introduce improvements and innovations and offer larger living spaces, and more generous features and amenities at more affordable price points which we believe makes our brand prosper no matter the situation,” he added.
DMCI Homes’ exceptional performance in the first half of 2021 has helped its parent firm, DMCI Holdings Inc., record Php9.5 billion in first-half consolidated net income, nearly five times the Php2 billion it reported last year.
Contributions from DMCI Homes soared 6,018 percent from Php38 million to Php2.3 billion on higher construction accomplishments and recognition of down payment from new accounts.
DMCI Homes is the Philippine’s first Quadruple A real estate developer known for building quality resort-inspired communities in Mega Manila, Baguio, Boracay and Davao City. The company has now more than 60 properties in its portfolio since it was launched in 1999.
To learn more about DMCI Homes’ pre-selling and ready for occupancy projects, units for lease, and special promos, log on to www.dmcihomes.com or call (632) 5324-8888. You can also visit leasing.dmcihomes.com to know more about opportunities in leasing and rent-to-own programs of DMCI Homes.
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