DMCI Homes, the country’s first Quadruple A real estate developer, registered an all­time­high sales and reservations record of P13.1 billion during the first three months of the year, more than double (119%) the P6 billion sales value posted during the same period in 2016.

The record increase was due to the triple­digit growth in the number of residential and parking units sold during the reporting period. From 1,687, the number of residential units surged 183 percent to 3,085.

Meanwhile, parking units sold during the first quarter totaled 1,787, a 194 percent improvement from 922 the prior­year quarter.

Leading the list of DMCI Homes’ top project performers is Oak Harbor Residences, the company’s first and only luxury waterfront property located in Paranaque City, followed by Prisma Residences, a three­tower development in Pasig City.

Brisk sales for the company’s developments outside Metro Manila, specifically Baguio City and Davao City, also contributed to the all­time­high sales value.

“The local real estate industry is getting more and more competitive. Product superiority is really key to achieving growth despite the competition. We are grateful to our clients for choosing DMCI Homes. Their trust and confidence in our brand means a lot to us,” said DMCI Homes president Alfredo R. Austria.

This year, DMCI Homes is launching eight projects to expand its product offerings. The projects will have a total value of P57 billion or 50 percent more than the P38 billion generated by the seven projects launched last year.