Business World

DLI’s Davao condo project nearly sold out

- Padillo Maya M.

DAVAO CITY — Damosa Land, Inc. (DLI) said it has nearly sold out all the units of the Seawind, a six-building condominiu­m project in the northern part of the city.

Of the 1,161 units, DLI said only 129 units at the Seawind’s six towers remain unsold.

DLI Vice- President Ricardo F. Lagdameo said it will inaugurate Tower 1, and turn over 165 units to owners today (Aug. 28).

Meanwhile, Tower 2 is expected to be completed in September this year.

DLI said constructi­on of Tower 3 has started and is targeted to be completed by the third quarter of 2018.

The low-rise condominiu­m developmen­t is located on 2.86- hectare property in Km. 11 Sasa, facing the Davao Gulf and the Island Garden City of Samal.

Each Seawind tower has eight floors, with units ranging from studio to three-bedroom types. It also has a clubhouse, a pool, parks, play areas, and a commercial strip, along with a public transporta­tion terminal.

Aside from the Seawind condominiu­m, DLI is also currently completing its first horizontal venture, the upscale Damosa Fairlane subdivisio­n, located in a seven-hectare area within the central part of the city.

DLI is the real estate and property developmen­t arm of the Anflo Group of Companies. It is responsibl­e for developing business and lifestyleo­riented commercial center Damosa District that houses the Anflocor Corporate Center, Damosa Gateway, Damosa Market Basket, Damosa Business Center, and the Philippine Economic Zone Authority- accredited Damosa IT Park. —

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