Malaya
THURSDAY FEBUARY 03, 2011 PHILIPPINES
Young professionals, start-up families, and upgraders from the South now have the option of moving to a DMCI Homes development and enjoy its location advantages with the leading developer’s new project, Siena Park Residences.
Set to rise on a 3.1-hectare prime property, Siena Park Residences will be comprised of 11 five-storey buildings offering medium density living and the same winning attributes that have validated the DMCI Homes brand as the top name in medium-rise developments in the metro, including single-loaded corridor and garden atriums.
With a strategic vantage situated in the quiet side of West Service Road in Barangay Sun Valley, Bicutan, Parañaque City, Siena Park Residences will emerge as a convenient address for professionals working in the business districts of Makati, Bonifacio Global City, and Alabang. They can access these destinations via a short drive or travel distance, passing through main roads such as West Service Road, Skyway, and South Luzon Expressway.
Another benefit of their location will give young families the comfort of having their needs within easy reach, through proximity to various leisure and recreation spots, shopping malls, hospitals, schools, and domestic/ international airports.
Located only five minutes away from DMCI Homes’ first project in Parañaque, Raya Garden Condominiums, Siena Park Residences is located near another popular landmark, SM Bicutan, barely 500 meters away. Other notable commercial establishments are likewise accessible: Glorietta and Greenbelt in Makati are just 10 minutes away via Skyway while Alabang Town Center and Festival Mall Alabang are just 15 minutes away.
Established schools are found within easy travel distance: Don Bosco, Assumption San Lorenzo, and Collegio San Agustin in Makati; International School Taguig, Asia Pacific College Magallanes, St. James Parañaque, Southville International School, San Beda College Muntinlupa, and De La Salle Santiago-Zobel Muntinlupa. St. Luke’s Medical Center Taguig and Asian Hospital and Medical Center are accessible from Siena Park Residences, while public markets, sports centers, churches, and other major destinations can be reached easily via Skyway, Expressway and service road.
While other projects are situated right in the middle of busy districts, the proximity to such hectic venues subjects residents to noise pollution and a constantly chaotic environment. Siena Park Residences gets the location advantage of being situated in a quiet property bounded by industrial districts and residential subdivisions.
Amidst the existing residential projects around its vicinity, Siena Park Residences will present the best value-for-money propositions and stand out as a genuine tropical garden village with invigorating recreational amenities. These include outdoor amenities with an activity lawn, playcourt, pool complex with waterplay, and a clubhouse. This central amenities area will be adorned with lush landscaping and attractive accents like a deck and cabanas. Inside the clubhouse, residents will discover plenty of activities in the game room, fitness gym, audio visual room, and multi-function hall.
Siena Park Residences can be reached via at least two major routes. One is from EDSA: Take the south bound route of EDSA. Upon reaching Magallanes Interchange flyover, follow lane going to Nichols/SLEX. Drive straight and exit at the Merville tollgate / West Service Road. Drive straight towards Bicutan, and they will find the Siena Park Residences gate beside Toyota Bicutan Showroom.
From C5 Road, motorists can take the south bound route, climb C5 flyover going to SLEX southbound, then Exit to Bicutan, detour at SM Bicutan going to West Service road north bound, drive a few meters and turn left upon reaching the Toyota Bicutan Showroom.
DMCI Homes is the country’s premier triple A builder-developer that brings serviced, themed communities within reach of urban families who once had limited residential options, but still aspire to achieve a comfortable, enriching quality of life proximate to their place of interest.
Business Mirror
Written by Miguel R. Camus / Reporter
Wednesday, 02 June 2010 22:07
"As it's going right now, we are exceeding the target," Austria said.
He added DMCI Homes will enter new markets and will likely retool its portfolio, currently composed of middle-rise residential condominiums, to include more high-rise structures in the coming years.
DMCI Homes, which has been building themed communities for the past 10 years, said its projects are priced lower by 40 percent compared with that of other developers. The bulk of the company's housing units has a selling price below P2.5 million.
]]>Malaya Business Insight
BY ALBERT CASTRO
THURSDAY JUNE 3, 2010 PHILIPPINES
Since starting operation in 2000, the company has delivered a total of 10,000 units and has created communities like Raya Gardens in Merville, Paranque, Rosewood Pointe in Acacia Estates, in Taguig City, Tivoli Garden Residences in Mandaluyong, and Magnolia Place in Quezon City.
The company has completed a total of 20 projects with 12 active projects.
It became visible in the real estate market since 2006 as it developed projects closer to main thoroughfares. Much of the company's 70 hectare landbank is located in Taguig City.
The company now has projects that can be found in nearly all the cities in Metro Manila.
In 2009, the company booked a revenue of P7.1 billion, up from P3.9 billion the previous year. Net income this year is seen to hit P1 billion.
"Our order was to grow 20 percent a year," said Austria.
"If the buyer is a developer, they may pause buying if the interest rates go up, but if it's a family, they will still buy even if the rates go up a little," said Austria.
In reservation sales term, the company booked P9.5 billion last year, compared to P8.5 billion the previous year. This year DMCI is targeting a reservation sales of P10.5 billion, said is seen to exceed by about 25 percent, according to Austria.
This year, the company launched Cedar Crest, a medium-rise project in Taguig City, The Redwoods in Fairview, Quezon City, and Iris Tower at Tivoli Garden Residence.
For the second half of the year, DMCI Homes plans to launch La Verti Residences --- a twin high-rise tower located behind the Manila Adventist Hospital along Donada st., Taft Ave., Pasay; Flair Towers --- a two-tower high-rise along Reliance corner Pines st., near EDSA; Sienna Park Residences --- a medium-rise development in West Service Road, Bicutan, Paranaque; a medium-rise development in Visayas Ave., QC.; and another medium-rise property in Muntinlupa that will be set on a sprawling 3 hectare property. Total capex for the year is at P5.5 billion.