The property arm of Consunji-led conglomerate DMCI Holdings amassed a nearly 100-hectare landbank in Luzon amid plans to diversify into leisure and township projects. | miguelrcamusINQ /PDI
Its revenues fell 18 percent to P4.85 billion in the first quarter, partly due to rising cancellations of residential projects.
DMCI Homes will launch this month Solmera Coast, an “Asian tropical-inspired” condotel project in San Juan, Batangas, under the DMCI Homes Leisure Residences sub-brand.“This business model allows the company to generate revenues from both the sale and rental of the units. Buyers, in turn, can use the unit as a vacation home and receive a share in the rental revenue, which can help offset the cost of ownership,” DMCI said.
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Chedeng exits PAR but rains to continue in parts of LuzonSevere Tropical Storm ChedengPH exited the Philippine Area of Responsibility late Sunday evening but rains may continue in some parts of Luzon until today due to the southwest monsoon. | janebautistaINQ /PDI
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Southwest monsoon to bring rain over parts of LuzonThe southwest monsoon will bring cloudy skies, rain showers over various parts of Luzon on Tuesday, PAGASA reported.
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Habagat to bring scattered rain over Northern, Central LuzonThe southwest monsoon or Habagat will bring cloudy skies, scattered rain showers and thunderstorm over parts of Northern and Central Luzon, PAGASA reported.
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‘Habagat’ forces class suspension in parts of LuzonInclement weather due to the enhanced southwest monsoon, or “habagat,” was experienced in a large part of northern and central Luzon, prompting several local government units to suspend classes on Tuesday.
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Around 50 families in Catbalogan lose homes in fireTACLOBAN CITY -- About 50 families, composed of more than 300 individuals, lost their homes in a fire in Barangay 13, Catbalogan City, Samar on Saturday, June 10. Based on a report from the Bureau
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Most Filipinos feel safe in homes, neighborhoods – OCTANEARLY nine out of 10 Filipinos believe that they feel safe within their communities, while seven out of 10 said that they feel safe in their own homes, according to a survey conducted by OCTA Research.
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