MANILA, Philippines — DMCI Houses, the property improvement arm of the Consunji Group, is bullish on its progress within the leisure property section following sturdy reservations gross sales posted by the corporate’s second mission beneath its leisure model, DMCI Houses Leisure Residences.
DMCI Houses mentioned that 84 % of the practically 700 condotel models within the first constructing of the Moncello Crest mission in Tuba, Benguet have already been reserved since its launch in Might 2024, translating to roughly P4.9 billion in reservation gross sales.
The gross sales success of Blanca constructing has prompted the launch of the mission’s second constructing, Silva, which is able to supply one other 52 models.
Positioned simply minutes from Baguio Metropolis, Moncello Crest is an eco-agri improvement providing models starting from 35 to 91.5 sq. meters, with costs beginning at P7.95 million.
Moncello Crest’s Blanca and Silva buildings shall be prepared for occupancy by November 2028 and August 2029, respectively.
With the market’s optimistic response, DMCI Houses president Alfredo Austria mentioned the corporate is eager on pursuing new alternatives within the leisure section.
“We’re inspired to proceed increasing our leisure portfolio to help this rising market,” Austria mentioned.
The corporate’s third and upcoming leisure improvement shall be situated in Laguna.
Moriyama Nature Park in Laguna is a premium Japanese onsen-inspired mission designed to faucet into the rising demand for home tourism amongst Filipino households and vacationers.
“If ever, it is going to be a condotel with occasions services. Initially, lower than 100 models,” Austria mentioned.
Nonetheless, Austria mentioned it’s nonetheless unsure if the mission may be launched this yr.
“We’re making an attempt to complete the planning and design and permits earlier than the top of the yr, however undecided if we can end as a result of we would redesign one thing there,” he mentioned.
DMCI Houses Leisure Residences is the brand new model of DMCI Houses providing resort condotels in sought-after trip locations everywhere in the nation.
Solmera Coast, its first leisure mission, was launched in August 2023.
The mission captured the curiosity of each traders and seaside lovers, being the one tropical Asian-inspired seaside park condotel in San Juan, Batangas.
Following the success of its Solmera Coast property,DMCI Houses Leisure Residences launched final yr Moncello Crest in Benguet.