THE Arezzo Place project of Phinma Properties is already 60 percent sold and they look forward to sell out by a year or two, said Phinma Properties executive.

On the sidelines of their Reloaded Sales Conference 2018 event last Wednesday night, February 7, the new Phinma Properties President and chief operating officer Julian V. Concepcion said the buyers of their Arezzo Place units are 80 to 90 percent Dabawenyos.

“Some of our buyers are Overseas Filipino Workers (OFWs) and there are retirees who would like to have a smaller unit rather than a big house to maintain. We have those kinds of people buying into the project. Most of them are from Davao, I would say, 80 to 90 percent. The rest are from the regional area like Cotabato, Surigao, those areas,” said Concepcion.

Arezzo Place is a 12-building project of the company and is located at Doña Pilar, Pampanga, Davao City. Each building is 5-storey high and is composed of 18 units per floor. Unit area varies from 30 square meters (sqm) to 32.4 sqm. According to Concepcion, prices for their units range from P2 million to P2.1 million.

In September 2017, their 4th building was topped off and the constructions of the 5th and 6th buildings are currently ongoing.

In an earlier interview with Phinma Properties Construction Management Division Manager architect Cris Iglesias, their balanced affordability and good quality sets them apart from the other residential developments in the city.

“As far as quality is concerned, the amenities and everything, I think we are better off in terms of affordability. So our quality and affordability is balanced,” said Iglesias.

Concepcion also invited other interested Dabawenyos to come and visit Arezzo Place to see for themselves what the residential development has to offer.

“It’s an excellent project where you can see what quality is all about and also the location is very nice,” he said.

Aside from real estate developments, Phinma Group of Companies is currently into diverse businesses including the academic, Phinma Energy, franchise of Microtel, Union GalvaSteel, and Fuld & Company, Inc., a consulting firm.