September 26, 2018
Strong sales of Pasig condo seen to further boost DMCI Homes income this year
Artist’s illustration of the kiddie pool of DMCI Homes’ Fairlane Residences development in Kapitolyo, Pasig City.
DMCI Homes expects to further boost its earnings this year with the consistent strong sales posted by its residential projects.
One key contributor is Fairlane Residences in Kapitolyo, Pasig City which has posted P7.52 billion in total sales revenue as of September 24, 2018.
The single-tower development is already 99 percent sold, with just 8 units left of the 1,140 total unit inventory.
The property arm of DMCI Holdings, Inc. has posted a net income of P2.488 billion for the first six months of the year, higher than the P1.759 billion recorded for the same period last year.
As a developer that puts premium on referral marketing, company President Alfredo Austria attributed the strong reservation sales of DMCI Homes residential projects to the positive feedback of satisfied clients.
“We’d like to think we have gained a strong following because of our track record of building homes that are of high-quality and value for money. Our clients really feel that they made the right decision in investing in DMCI Homes,” Austria said.
Artist’s illustration of Fairlane Residences’ lap pool.
“For us, it has always been about whether we are making our customers happy. With the consistent strong sales of our projects, we feel this is bearing fruit for the company,” he added.
Intended for up and coming urban dwellers and young families, the 51-level residential tower along West Capitol Drive offers a mix of spacious two-bedroom and three-bedroom units ranging from 52 to 81 square meters. The units are reasonably priced at Php 7.14 million onwards.
Featuring modern architecture and tropical design, Fairlane Residences, which is up for completion in 2024, boasts of generous living spaces and first-rate resort-inspired amenities designed to suit today’s lifestyle and wellness needs.
The exclusive community is easily accessible via MRT-3 Boni station and major thoroughfares such as EDSA, Pioneer Street, Shaw and Pasig boulevards.
Another transportation infrastructure project being constructed near the property is the BGC–Ortigas Center Link Road which is seen to further improve the inter-city travel in Pasig, Mandaluyong, Taguig and Makati.
Fairlane Residences is one of the developments of DMCI Homes, the country’s first Quadruple A developer known for building quality resort-inspired communities in Mega Manila, Baguio, Boracay and Davao City. Each of its properties is built with world-standard craftsmanship borne from D.M. Consunji Inc.'s over 60 years of expertise in the construction and development industry.
To learn more about Fairlane Residences and other DMCI Homes projects, call (632) 324-8888. News and other updates are also posted on the company's official social media accounts on Facebook, Twitter, Instagram and YouTube.