DMCI Homes bets P16B on new projects, eyes housing rebound
‘We will continue offering value-for-money homes with practical financing options, while rolling out new projects at a pace that reflects both opportunity and prudence.’
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‘We will continue offering value-for-money homes with practical financing options, while rolling out new projects at a pace that reflects both opportunity and prudence.’
Share
Consunji Family-led DMCI Homes is going all in this year — rolling out four new residential projects backed by a P16-billion spending plan to ride the recovering housing market.
“With interest rates expected to ease, we anticipate a healthier environment for homebuyers and a gradual recovery in the housing market,” DMCI Homes president Alfredo R. Austria said in an interview with reporters on Friday.
“We will continue offering value-for-money homes with practical financing options, while rolling out new projects at a pace that reflects both opportunity and prudence,” he added.
The new lineup includes One South Drive, a luxury development in Baguio City; Moriyama Nature Park, a Japanese-inspired leisure community in Calamba, Laguna; and residential projects in Quezon City and Taguig City.
DMCI Homes is targeting a mix of premium, leisure and mid-market buyers.
Most of the P16 billion will fund 13 ongoing projects and prep for upcoming launches, with the rest spent on land and equipment.
Last year, the company’s rent-to-own program hit a record P14.5 billion in total property value, nearly doubling the P7.3 billion posted in 2024.
