DMCI Homes allots P10B for QC project

DMCI PROJECT DEVELOPERS, Inc. (DMCI Homes) is investing P10.5 billion to build a two-tower residential condominium in Quezon City.

The property arm of DMCI Holdings, Inc. is building The Oriana, its second residential property along Aurora Boulevard.

“We launched The Oriana in response to the demand for homes in communities where schools, work places, supermarkets, healthcare institutions, leisure zones and transportation networks are all within walking distance,” DMCI Homes Vice-President for Project Development Dennis Yap said in a press release.

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“Even before the pandemic, there has been a big demand for homes and rental properties in transit-oriented communities. More so now with people putting a premium on their health and well-being because of the health crisis,” he added.

The property’s north and south towers will have 54 and 56 floors, respectively.

Launched in April, the north tower offers two-bedroom units that range from 54.5 to 81.5 square meters (sq.m.). The north tower will be ready for turnover in April 2026. Units are available for pre-selling starting at P17,000 per month.

Amenities include swimming pools, a picnic area, a basketball court, upper deck garden, and a promenade offering city views.

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The Oriana will also have a reception lounge, entertainment room, game area, and fitness gym. Additional facilities include a co-working space, convenience store, and laundry station.

The 9,314-sq.m. property will be accessible through the Anonas and Katipunan stations of the Recto Avenue-Masinag, Antipolo LRT Line and the proposed Anonas station of the Metro Manila Subway system.

DMCI recently announced that it generated P8.6 billion in reservation sales for its Infina Towers on Aurora Boulevard, Quezon City.

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Article and Photo originally posted by Business World last May 11, 2021 12:01am and written by  Jenina P. Ibañez.

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