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Manila Bulletin devider Business devider The Stock Market devider DMCI Homes expands Benguet condotel after booking ₱4.9 billion sales

DMCI Homes expands Benguet condotel after booking ₱4.9 billion sales

Published May 29, 2025 02:30 pm
Consunji-led DMCI Homes reported that it has so far booked ₱4.9 billion in reservation sales for Moncello Crest in Tuba, Benguet—the company’s second project under its leisure brand, DMCI Homes Leisure Residences.
Launched in May 2024, 84 percent of the nearly 700 condotel units in the project’s first building, Blanca, have already been reserved. The sales success of Blanca Building has prompted the launch of the project’s second building, Silva, which will offer another 52 units.
“The positive market response reflects the company’s strong performance at Solmera Coast in San Juan, Batangas, where units were quickly sold out following its launch in August 2023,” DMCI Homes said.
Property consultancy firm Colliers Philippines even cited Moncello Crest in a news report as a good example of condotel projects doing well outside Metro Manila.
Buoyed by the market’s positive response, DMCI Homes President Alfredo Austria said the company is motivated to pursue new opportunities in the leisure segment.
“We are encouraged to continue expanding our leisure portfolio to support this growing market,” Austria said.
Located just minutes from Baguio City, Moncello Crest is an eco-agri development offering a peaceful highland retreat. Unit sizes range from 35 to 91.5 sqm, with prices starting at ₱7.95 million.
Amenities include a jacuzzi, fire pits, a restaurant, cafe, spa, gym, entertainment room, outdoor play area, and a convention center, with scenic mountain views and Filipino-inspired indoor spaces—some crafted by global firm Aedas.
With its cool climate, scenic location, and strong leasing potential, Moncello Crest is a compelling investment for those seeking a vacation home and passive income in one.
Buyers can earn from their units through a rental pool program, while also enjoying at least 30 free room nights annually through Leisure Plus—redeemable at Moncello Crest, Solmera Coast, and other future DMCI Homes Leisure Residences properties.
Moncello Crest’s Blanca and Silva buildings will be ready for occupancy by November 2028 and August 2029 respectively.

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