Quadruple A developer DMCI Homes is allotting nearly P12 billion for its capital expenditures for 2017. Around P8.4 billion will be used for project development and another P3 billion will be used for land acquisition. The rest will go to existing buildings and improvements.

This year, DMCI Homes plans to launch eight projects with over 15,300 units to increase its product offerings. The units have a total sales value of over P57 billion.

“Every year, we strive to come up with exciting projects for our valued clients. This is in line with our goal to satisfy the changing needs and preferences of the market,” DMCI Homes President Alfredo Austria said.

He added, “We hope that our new projects further reaffirm our reputation as a builder of high quality, best value homes and resort­inspired communities that promote quality lifestyle among Filipinos.”

For the first quarter of 2017, DMCI Homes already launched two of the eight slated project developments for the year. These projects are Prisma Residences in Pasig City and Mulberry Place in Taguig City.

Scheduled to be launched in the second and third quarter of the year, the remaining six projects include hybrid developments, high­rise towers and a much anticipated mixed­used facility offering residential and office units. These upcoming projects are located in Mandaluyong, Makati, Pasig, Paranaque and Quezon City.