8990 sees sales of P4-billion from 13 Tondo towers

Mass housing developer 8990 Holdings Inc. expects to generate P4 billion in sales this year from 13 building residential complexes within an 8.4-hectare project in Tondo, Manila.

8990 Holdings said the demand for Urban Deca Homes Manila project had been strong after the whole development neared completion.

The Tondo project, the company’s largest to date, will deliver 13,000 units with a total estimated value of P20 billion.

Sales reservations to date are nearing 2,000 units with a total of 3,200 units expected to be delivered before the end of the year.

Revenues from Tondo project in the first quarter of 2018 reached P1 billion.

“Once our buyers saw that buildings are already nearing completion, we noticed a significant jump in our sales. We are certain we will see this trend continue as we roll out more units to meet the strong demand for housing in the Tondo area,” said 8990 Holdings president and chief executive Willie Uy.

Topics: 8990 Holdings Inc. , Urban Deca Homes Manila , Willie Uy
COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by Manila Standard. Comments are views by readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with Manila Standard editorial standards, Manila Standard may not be held liable for any false information posted by readers in this comments section.
AdvertisementSpeaker GMA