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DMCI allots ₧10.5 billion for new condo project in Quezon City

DMCI Homes Inc. on Tuesday said it is investing some P10.5 billion to build the Oriana, a two-tower residential condominium development along Aurora Boulevard in Quezon City.

With the development, the property arm of listed firm DMCI Holdings Inc. is aiming to attract both end-users and investors looking to be part of Quezon City district with high growth prospects, owing to the area’s advantageous location near business centers, top universities, and existing and upcoming transportation infrastructures.

Sitting at the center of a transit-oriented community, the 9,314 square meter property is served well by public transport that includes train terminals like the Anonas and Katipunan stations of the Recto Avenue-Masinag, Antipolo LRT Line and the proposed Anonas station of the highly anticipated Metro Manila Subway system.

“We launched Oriana in response to the demand for homes in communities where schools, work places, supermarkets, healthcare institutions, leisure zones and transportation networks are all within walking distance,” DMCI Homes Vice President for Project Development Dennis Yap said.

This is the second residential venture of DMCI Homes along Aurora Boulevard after Infina Towers, also a two-tower residential project.

“Even before the pandemic, there has been a big demand for homes and rental properties in transit-oriented communities. More so now with people putting a premium on their health and well-being because of the health crisis,” Yap said.

The project will have two towers, the North and South towers, which have 54 and 56 floors of residential units respectively.

The North Tower, which was launched in April, will offer 1,242 units—all two-bedroom layouts measuring 54.5 square meters to 81.5 square meters An initial inventory of 552 units have been released for pre-selling, with a starting price of P6.7 million.

Ideal as first home or rental property investment, the units will have space-efficient layouts and functional features such as bigger windows and doors; with daybed or balcony layout; sliding door partitions to maximize lighting inside the units; balcony glass railings; and provision for split-type air-conditioning unit.

The Oriana will also have amenities that cater to different lifestyles and age groups, such as reception lounge, entertainment room, game area, fitness gym and Sky Lounge. A Sky Bridge will be constructed to connect the two towers so residents can share and enjoy the roof-deck amenities.

Residents will have a property management office as well as a number of essential indoor facilities such as a flexible co-working space, convenience store, laundry station, water station and garbage chute feature to cater to the residents’ everyday chores and needs.

The company said the property’s North Tower will be ready for move-ins starting April 2026. Available units are now preselling starting from P17,000 per month.

Read full article on BusinessMirror

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