ROBUST, that is how Seawind condominium is performing, particularly in terms of sales.
Just nearly two years after the Damosa Land Inc. (DLI) condominium project was launched on April 15, 2015, its first five towers were already sold-out while the sixth tower is 26 percent sold as of January 2017.
DLI vice president Ricardo Lagdameo said the brisk sales of its condo project will continue as a surge of demand in condo investments is evident in Davao City.
Lagdameo added that the company has benefitted a lot from the current trend here and the booming economy of the city.
“What we’re experiencing right now is what the city is experiencing as well,” Lagdameo said.
Lagdameo also reported that a topping off ceremony was held on February 8, 2017, to signify the completion of Seawind’s first tower which is scheduled to be turned-over to buyers starting May 2017.
The Tower Two’s turnover ceremony is set on the third quarter of this year.
“We already started the construction of our 3rd Tower last March 3,” he said.
Also, Seawind had its Entrance Complex inaugurated on March 16, 2016, and its clubhouse completed since October 28, 2016.
As a homegrown developer, Damosa Land’s projects serve mostly domestic buyers, with overseas Filipino workers comprising 24 percent of its clients.
Other real-estate projects of DLI are Damosa Fairlanes, Agriya in Panabo City and others.
DLI is the real estate and property development arm of home-grown conglomerate Anflocor Group of Companies.