Aboitiz Land Inc., the real estate arm of the Aboitiz Group, said over the weekend that after several months into the general community quarantine, average monthly sales already exceeded pre-pandemic levels, reflecting the impact of innovative selling techniques and the shifting preferences of property seekers.
AboitizLand said reservation sales for the months following the community quarantine averaged above 80 percent of original targets despite lockdown restrictions, and was well on its way to exceed the 2019 performance.
“We are seeing sustained demand for our residential developments despite the limitations brought about by the pandemic. We are attributing this to a shift in our customers’ preferences towards houses and lots in next-wave cities, as bigger living areas, open spaces and amenities become more essential for work-life balance for people in quarantine,” said AboitizLand president and chief executive David Rafael.
