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Manila Bulletin devider Business devider DMCI Homes completes first luxury project

DMCI Homes completes first luxury project

Published Oct 22, 2020 05:00 am

DMCI Homes, the residential arm of DMCI Holdings, has completed the first two buildings of Oak Harbor Residences, the first project of its premium brand DMCI Homes Exclusive.

Located along Jackson Avenue in Asiaworld, Parañaque City, the first luxury waterfront property at the resplendent Bay City will begin accepting move-ins to the completed 16-storey Lauderdale and 15-storey Westport buildings starting this October through a sectional turnover process.

The turnover of the two buildings’ 262 units will start from the upper ground floor (UGF) to the sixth floor and to be followed by units from the seventh floor to the Penthouse. 

DMCI Homes said construction of the third building, Aston, continues to progress well. The 15-storey building, which has a total of 164 units, is up for turnover on December 2021.

Launched in 2016, Oak Harbor Residences, is the first project developed by DMCI Homes Exclusive, DMCI Homes’ premium brand offering distinctive and superlative living experiences for a select clientele.

The property was a big seller immediately after it was put out in the market. All units, with an introductory price between P9.9 million to P34 million, were easily sold out, contributing to the company a total of P6.7 billion in revenue in 2017.

At present, Oak Harbor Residences units are valued at a price between P13 million to P50 million.

Many of its buyers were drawn by the combination of prime location and urban conveniences, as well as its offering of a spectacular Manila Bay view and cityscapes, and luxe set of amenities tastefully designed to complement the light and breezy feel of resort-living.

These include an audio-visual room, game area, fitness gym, and a swimming pool for each building. Apart from an audio-visual room, Oak Harbor Residences also has big private spaces for family events, parties and gatherings. 

Unit owners may choose to have intimate gatherings at the Altana Hall or throw a big party at the 554-square meter (sq. m) The Marella Deck—the biggest enclosed Sky Lounge among DMCI Homes properties. The 11,871-sq. m property also includes a garden atrium, open air lounges, roof deck gardens and the proprietary Lumiventt Design Technology, which allows maximum natural light and airflow within the building and to home units through single loaded hallways, three-storey high Sky Patios and breezeways.

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