DAVAO CITY — Damosa Land Inc. (DLI) is aiming to complete its six-building Seawind condominium project by next year, with construction currently ahead of schedule.
“All six towers should be finished already by the end of 2020, which is actually our original construction schedule. Our original plan was to finish it in six years. We are sticking to that schedule,” DLI Vice President Ricardo F. Lagdameo told BusinessWorld during a company event last week.
Seawind’s fifth tower was originally targeted for completion by May 2020.
“So the construction has been ahead of schedule, even for Tower 6 wherein we are also few months ahead of schedule,” Mr. Lagdameo said.
“The topping off shows that we are sticking to our timetable and our commitment to our customers,” he added.
Seawind, DLI’s first condominium project launched in August 2015, is within a 2.7 hectare property in Davao City’s Sasa area.
Its amenities include a swimming pool, clubhouse, pocket parks, walkways, commercial complex and a public transport terminal.
Mr. Lagdameo said they aim to finish the whole project by the end of next year.
Of the 1,161 total units in the six buildings, about 97% are already sold, according to Mr. Lagdameo.
“Majority of our buyers are mostly of working age about 25 years old to 45 years old and employed by various companies. We also have some executives and a lot of Anflocor employees,” he said.
DLI is the property development arm of the Floirendo-owned Anflo Management and Investment Corp. (Anflocor). — Maya M. Padillo