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Manila Bulletin devider Business devider The Stock Market devider DMCI Homes' condotel sales surge past P5.6 B

DMCI Homes' condotel sales surge past P5.6 B

Published Sep 21, 2023 09:14 am

DMCI Homes reported that reservation sales for its inaugural venture into the leisure property market, Solmera Coast in San Juan, Batangas, DMCI Homes' have surged past the P5.6 billion mark since its launch last Aug. 7.

The residential business of the Consunji family’s DMCI Holdings Inc. reported that as of Sept. 15 this year, 93 percent of Solmera Coast's launched inventory of nearly 800 condotel units have already been reserved.

DMCI_Homes_Solmera_Coast.jpg
DMCI Homes Leisure Residences' Solmera Coast in San Juan, Batangas

Solmera Coast, the flagship project of DMCI Homes under its leisure brand DMCI Homes Leisure Residences, offers an array of unit sizes ranging from 34 to 91.5 square meters. 

The unit options include studios, one-bedroom, and two-bedroom units, with prices varying between P7.1 million and P17 million.

The condotel units are spread across three mid-rise buildings, Matahari, Kartika, and Bumi, which are scheduled for occupancy in February 2027, May 2027, and August 2027, respectively.

Following the remarkable sales success of the condotel units, DMCI Homes Vice President for Project Development Dennis Yap announced the company's plans to launch the residential phase of the project.

Yap said residential units will be offered in the two remaining buildings, Nusa and Asri.

“In light of the outstanding sales performance of the condotel units, we're excited to unveil the next buildings of Solmera Coast. The residential units, located in the Nusa and Asri buildings, will provide a unique beach park living experience for those seeking a beach park lifestyle," Yap said.

Solmera Coast has captured the interest of investors and beach enthusiasts alike, being the only tropical Asian-inspired beach park condotel in San Juan, Batangas. 

With its unique beachfront location, the development not only offers a rewarding investment opportunity but also provides a tranquil haven for leisure and pleasure.

Spanning 7.5 hectares, the property offers ample open spaces and event venues for a complete beachside experience. Solmera Coast boasts a range of amenities, including five swimming pools, a game area, a gym, two restaurants, and a convention center. 

Solmera Coast is located in San Juan, Batangas, a prime destination for travelers. The area has seen a surge in tourist arrivals, reaching one million between January and June 2022.

DMCI Homes facilitates rental transactions through a trusted hotelier, allowing property owners to maximize their investments even when they are away. Units are designed for tropical living, equipped with essential fixtures for a seamless turnover.
 

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