Leading mass housing developer 8990 Holdings, Inc. announced it has completed close to 40,000 units in 16 ongoing residential developments throughout the country as of June 2021.
These include subdivisions popularly known as Deca Homes as well as mid-rise and high-rise condominiums under the Urban Deca Homes brand that are in different stages of development.
The completed units, which stood at 36,574 as of last June, represent about 45 percent of the total 81,472 deliverables distributed in 8990’s housing projects in Luzon, Visayas, and Mindanao, according to the company’s construction and engineering update contained in the President’s Report for the second quarter of 2021.
Deca Homes, Urban Deca projects
These figures cover the following 8990 Holdings developments:
- Deca Clark Resort and Residence Phase 1 to 12, Urban Deca Homes Marilao (MRB), Deca Homes Meycauayan, Urban Deca Homes Manila, Urban Deca Homes Ortigas, Urban Deca Homes Hampton, and Urban Deca Homes Mahogany in Luzon;
- Urban Deca Homes Tisa 2, Urban Deca Homes Banilad, Deca Homes Pavia Resort and Residences 2, Deca Homes Sta. Barbara, Deca Homes Leganes, Deca Homes South of Bacolod, and Deca Homes Gregoria Residences Ormoc in the Visayas;
- Deca Homes Talomo, and Deca Homes Gensan 1 in Mindanao.
Monterrazas de Cebu
Updates on the company’s newly-acquired high-end mountain development Monterrazas de Cebu were also included in the report. The project covers 200 hectares of prime residential estate in Barangays Guadalupe, Sapangdaku, Buhisan, and Tisa and is being developed in phases.
The company said land development has been completed for North Ridge, North Ridge Expansion 1, North Ridge Residences, and the Peaks 1 and 2. North Ridge Expansion 2 stands at 92 percent, Peaks 3 at 50 percent, and Monterrazas Prime at 15 percent.
Acquiring Monterrazas allowed 8990 Holdings to add to its landholdings in Cebu City for future expansion.