Developer breaks ground for new housing project-A A +A
Wednesday, November 6, 2013
A NEW mass housing, to be developed by premier mid-cost real estate developer 8990 Housing Development Corp. will rise in a 54-hectare property up north of Davao City.
Staying true to its promise to provide affordable houses to Dabawenyos, the company held the groundbreaking of its new Deca Homes Subdivision in Indangan, Buhangin District last October 25.
8990 HDC president JJ Atencio said the new project in the city -- its third -- can very well speak of the success the company has attained in providing middle-income families not only affordable but also quality homes.
"We are continuing with this 3rd project in Davao, Deca Homes Indangan, we are continuing track record and legacy of providing affordable and quality homes to the middle-income and lower middle-income families in Mindanao, especially Davao City through the provision of very strong and very affordable housing using a home financing in-house plan," he said.
Deca Homes Subdivision will be housed in a 54-hectare lot, as an addition to the growing communities in Indangan.
8990 HDC Project manager Juliet Domingo said housing units come in two types, the bungalow and the loft, both will be sporting fresher and newer exterior design, making it a perfect place to live in for families.
"Naay pud (There will be bastketball court, landscape areas, and perimeter fence," she said.
A total of 3,427 housing units will be erected for the entire housing development. At least 30 of them will be turned over to new owners as early as next month.
What they are doing now is making the casting forms, which will serve as molders to the solid walls of the houses.
The phase 1 has 600 units. The entire project will be completed in three years' time.
Domingo said they use the pre-cast method to develop each unit, allowing them to build in as fast as seven days. They are targeting to complete the casting forms by second week of November.
"Mura ka og gabake, buhasan og flour lutuon so naa naka og cake (You're like baking cake, you pour in the mixture in the pan, bake and then you have a cake)," she said.
Atencio and Pag-ibig Fund executives are also in the early talks to provide members a home financing scheme so that Dece Homes is within easier reach.
"Ang among balay, asa man ka makakuha og ana nga price nga naa tanan? Naa tay amenities na makita sa high-end pero naa siya sa low-cost. The same gihapun makita sa among Mintal, mao na ang among advatnage (Where can you find a house that comes in complete package? We have ameneties that of a high-end but in a low-cost level)," Domingo said.
Published in the Sun.Star Davao newspaper on November 06, 2013.