August 16, 2025 | 12:00am
MANILA, Philippines — Vista Land & Lifescapes Inc., the Villar Group’s listed property developer, booked a four-percent enchancment in revenue within the first half on increased income from actual property gross sales.
From January to June, Vista Land’s internet revenue elevated to P6.71 billion from P6.44 billion in the identical interval in 2024.
The corporate’s income from actual property gross sales reached P10.07 billion within the first half, up by 5 % from final 12 months’s P9.62 billion.
“This was primarily attributable to the rise within the general completion price of offered inventories of a few of its enterprise models in addition to the popularity of the numerous financing part for the interval,” Vista Land mentioned.
Actual property income of Brittany climbed by 27 % year-on-year to P1.15 billion as a result of increased variety of offered houses accomplished or below development in addition to tons solely within the Mega Manila space within the high-end or upscale residential phase.
Vista Residences actual property income additionally elevated by seven % to P2.86 billion, whereas that of Communities Philippines inched up by three % to P3.6 billion.
Vista Residences is the enterprise unit of Vista Land that develops and sells vertical initiatives throughout the nation.
In the meantime, actual property revenues of Camella and Crown Asia noticed a slight drop to P1.99 billion and P469 million, respectively.
Rental revenue for the primary semester grew by three % to P8.7 billion, primarily attributable to the rise in charges for the interval.
By means of six distinct enterprise models, Vista Land operates its residential and industrial property improvement enterprise.
Camella Houses, Communities Philippines, Crown Asia, Brittany and Vista Residences are centered on residential property improvement, whereas Vistamalls is concerned in industrial property improvement.
