Manila Bulletin - 2021-05-05


DMCI Homes launches ₱10.5-B condo

Business News

DMCI Homes, the residential development unit of DMCI Holdings, is investing over ₱10.5 billion to build a twotower residential condominium development along Aurora Boulevard, Quezon City. Called The Oriana, the project is intended to attract both end-users and investors looking to be part of a vibrant Quezon City district with high growth prospects. This is because of the area’s advantageous location near business centers, top universities, and existing and upcoming transportation infrastructure. Sitting at the center of a transit-oriented community, the 9,314 square meterproperty is served by public transport that includes train terminals like the Anonas and Katipunan stations of the Recto Avenue-Masinag, Antipolo LRT Line and the proposed Anonas station of the highly anticipated Metro Manila Subway system. “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. The Oriana is the second residential venture of DMCI Homes along Aurora Boulevard, Quezon City after the sales success of Infina Towers, also a two-tower residential project. “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,” Yap said. The Oriana will have two towers, the North and South towers, which have 54 and 56 floors of residential units respectively. The North Tower, which was launched in April, will offer 1,242 units—all two-bedroom layouts measuring 54.5 square meters (sq. m) to 81.5 sq. m. An initial inventory of 552 units have been released for preselling, with starting price of ₱6.7 million per unit. Ideal as first home or rental property investment, the units will have space-efficient layouts and highly functional features such as bigger windows and doors; with daybed or balcony layout; sliding door partitions to maximize lighting inside the units; balcony glass railings; and provision for splittype air-conditioning unit. In line with DMCI Homes’ signature of thematic resort-style communities, the property is designed with expansive spaces to enjoy the outdoors such as lap pool, leisure pool, kiddie pool, children's play area, picnic area, covered basketball court, upper deck garden and Sky Promenade which overlooks the majestic mountains of Antipolo and other breathtaking city views. The Oriana will also have amenities such as reception lounge, entertainment room, game area, fitness gym and Sky Lounge. A Sky Bridge will be constructed to connect the two towers so residents can conveniently share and enjoy the roof-deck amenities. Residents will also have a number of essential indoor facilities such as a flexible coworking space, convenience store, laundry station, water station, and garbage chute feature to cater to the residents’ everyday chores and needs. The Oriana’s North Tower will be ready for move-ins starting April 2026. (James A. Loyola)



Manila Bulletin

© PressReader. All rights reserved.