IN AN attempt to support the booming real estate industry of Davao City, 25 exhibitors mostly real estate developers, participated during the first Property Investment and Home Expo 2017 at Abreeza Ayala Malls which opened on September 14 and will last until Wednesday, September 20.
According to Urban Expo event manager Romelyn Lantonio, they have decided to come up with an event that would bring almost all the real estate developers in Davao City under one roof as they have seen the potential the city has in terms of real estate investments.
"We are expecting in the next three to five years that Davao would look like Cebu or even more. Maybe we are still far from Manila but as what we can see with what is happening around us, we might already be going there," said Lantonio.
Among the developers that participated in the expo were Jenson Land and Realty Development Corp., Eurotower International Corp., Toshi Tim Land, Inc., Uraya Land Development Corp., Urban East Development Cor., Alveoland Proerties, Accendo Commercial Corp., Matina Enclaves, DMCI-PDI, Communities Davao, Inc., Filinvest Land, Suntrust Properties, Inc., Alson's Development and Investments Corp., and Mandani Bay, a guest developer from Cebu City.
They have also included booths of Mazda Davao and Suzuki Davao for those who are interested in cars as to go with their house. PS Bank also participated in the expo showcasing their housing and car loan programs.
Lantonio added that they are planning on another round of the expo by the end of November or the first week of December when there are more shoppers especially that it is nearing the Yuletide season. She said most of those inquiring are around 40 years of age.
Marivic Palacios, property consultant of DMCI Homes said those who inquire from them come from different neighboring provinces and cities including those from General Santos City and Cotabato City.
"We will monitor them as for the turn over but the expo mainly wants the developers to gain more contacts and to reach out to the buying public," Lantonio said.