Last year, the company registered a 71-percent jump in gross sales to P14.7 billion from P8.6 billion a year before, cementing its position as the leader in the mid-rise segment of the condominium market.
“DMCI is a Triple A builder-developer backed by its mother company, the DMCI Group. We are proud to say that we have proven ourselves in the industry and to our valued clients, whom we owe for our unprecedented income growth of more than 300 percent since we started 10 years ago,” said DMCI Homes director for finance and operations Joseph Ramil Lombos.
For 2011, Lombos said the company is targeting a 20-percent growth rate or a gross sales revenue of P18 billion.
This, he said, would be achieved with the launch of at least eight new projects in key areas around Metro Manila.
At present, the main challenge for the company is to maintain a certain inventory for sales, eyeing available areas for redevelopment as potential additions to its land bank, he said.
“We have identified certain properties including parcels of land formerly housing manufacturing buildings and warehouses as future sites of our projects. Since we have defined our focus toward medium-rise projects, we are looking for three- to five-hectare lands that can accommodate such type of development,” Lombos added.
For more details on DMCI Homes and Condos, you may contact Reby Ramirez @ +63 919.699.3572 / +63 922.883.9308 / +63 916.4044.555 / +632 404-4534 or e-mail her @ reby_ramirez@yahoo.com.
Lastly, FYI for related information on the new real estate law, RA 9646, please proceed to www.RA9646.com, the online repository of updated information on Real Estate Service Act of 2009 (RESA).
source: Philippine Daily Inquirer, April 6 2011
