Quadruple A developer DMCI Homesrecorded P33.48 billion in reservation sales for the first three quarters of this year, up by 7 percent from P31.34 billion for the same period last year.

Consistent strong sales performance of key projects put the company on track to meet its P40 billion adjusted sales target for the year.

One key contributor was Kai Garden Residences in Mandaluyong City which posted P8 billion in total sales revenue as of September 30. Other top contributors for the first three quarters are Pasig City projects Fairlane Residences and Prisma Residences, which earned P7.26 billion and P3.18 billion in sales and reservations, respectively.

This year, DMCI Homes launched three new residential projects, namely Fairlane Residences, The Atherton in Parañaque City, and Satori Residences in Pasig City.

The leading resort-inspired community developer has also increased its total land value to P9 billion from P4.9 billion for the same period last year, which include new acquisitions in Visayas and Mindanao.

“This is part of the company’s plan to expand outside Metro Manila which started with Outlook Ridge Residences in Baguio City and Verdon Parc in Davao City. We are also hoping to help address the housing needs in other key cities like Cebu in the near future,” DMCI Homes President Alfredo Austria said.

Upholding its thrust of delivering quality homes on time or ahead of schedule, DMCI Homes completed this year 10 buildings in various projects namely Bristle Ridge in Baguio City, Brio Tower in Makati City, Asteria Residences in Parañaque City, Mirea Residences and Lumiere Residences in Pasig City and Ivorywood in Taguig.

DMCI Homes has been providing quality homes and resort-inspired communities nationwide since 1999. To date, the company has launched a total of 72 projects.