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17 May 2018

8990 Q1 net income jumps by 37%

2019-01-09T05:41:16+08:00May 17, 2018|Newsroom, Philippine Daily Inquirer|

Leading mass housing developer 8990 Holdings posted a 37-percent year-on-year growth in first quarter net profit to P1 billion on higher real estate sales and better-than-targeted margins. 8990 disclosed to the Philippine Stock Exchange yesterday that gross revenue rose by 57 percent year-on-year to P2.5 billion in the first quarter, posting its strongest first-quarter residential topline performance so far, driven ..

16 May 2018

8990 nets P1B

2019-01-09T05:51:46+08:00May 16, 2018|Newsroom, Philippine Daily Inquirer|

Leading mass housing developer 8990 Holdings posted a 37-percent year-on-year growth in first quarter net profit to P1 billion on higher real estate revenues and better-than-targeted margins. Gross revenues rose by 57 percent year-on-year to P2.5 billion, posting its strongest first-quarter residential topline performance so far, driven by the increased contribution of its various projects nationwide. Net income margin of ..

19 Mar 2018

8990 top housing developer in Visayas

2019-01-09T06:29:11+08:00March 19, 2018|Newsroom, Philippine Daily Inquirer|

Mass housing developer 8990 Holdings Inc. remains the top housing developer in the Visayas for the third straight year in 2017, based on Pag-IBIG loan take-out value. 8990’s branches in Visayas were able to deliver P2.4 billion in housing loan accounts to the state-controlled Home Development Mutual Fund (HMDF) or Pag-IBIG. This figure represented 43 percent of 8990’s overall HDMF ..

10 Mar 2018

Realizing dreams in Tondo

2019-01-09T06:37:09+08:00March 10, 2018|Newsroom, Philippine Daily Inquirer|

There are different reasons why consumers choose certain products. Purchase decisions are often defined by one’s preference, budget and needs. There are those who make a purchase for investment purposes, while others buy for their own use or as a way to upgrade their current lifestyle. Whatever the case may be, what would most likely clinch that decision to buy ..

03 Mar 2018

Homes made affordable in the heart of Manila

2019-01-09T06:43:42+08:00March 3, 2018|Newsroom, Philippine Daily Inquirer|

Owning a decent and affordable home right in the heart of Manila is now possible. Mass housing developer 8990 Holdings Inc. is helping the hardworking Filipino realize this dream through its latest project, Urban Deca Homes Manila, the first large scale, mixed use development to rise in the Tondo area. “Urban Deca Homes Manila in Tondo is not an investment. ..

13 Feb 2018

Housing developer 8990 holdings is biggest Pag-IBIG user

2019-01-09T06:48:45+08:00February 13, 2018|Newsroom, Philippine Daily Inquirer|

Mass housing champion 8990 Holdings is the country’s top property developer in terms of takeout value from the state-run Home Development Mutual Fund or Pag-IBIG. 8990 Holdings’ total Pag-IBIG loan takeout, referring to individual members’ home financing taken over by the housing agency, amounted to P5.52 billion last year, translating to a 116-percent growth. Pag-IBIG recently awarded the country’s top ..

12 Feb 2018

8990 Pag-IBIG’s top housing developer

2019-01-09T06:51:19+08:00February 12, 2018|Newsroom, Philippine Daily Inquirer|

Mass housing developer 8990 Holdings is the top property developer in the country in terms of loan take-out value from the state-run Home Development Mutual Fund (HDMF) or Pag-IBIG. 8990 Holdings’ total Pag-IBIG loan take-out – or individual members’ home financing taken over by the housing agency – amounted to P5.52 billion last year, translating to a 116-percent growth. Pag-IBIG ..

31 Jan 2018

Housing developer unloading P2.8B in receivables

2019-01-09T06:58:25+08:00January 31, 2018|Newsroom, Philippine Daily Inquirer|

Housing developer 8990 Holdings has signed a deal to unload P2.8 billion worth of housing receivables, freeing up liquidity to build more houses for the mass market. In a disclosure to the Philippine Stock Exchange, 8990 Holdings said its subsidiaries had entered into a deal to sell contract-to-sell (CTS) receivables to Dearborn Resources and Holdings Inc. The company encourages buyers ..

20 Jan 2018

8990 rolls out new Cebu project

2019-01-09T07:28:14+08:00January 20, 2018|Newsroom, Philippine Daily Inquirer|

Mass housing developer 8990 Holdings Inc. has rolled out a new mid-rise condominium complex in Cebu City that will bring to the Visayan property market about P2 billion in new affordable residential inventory. Urban Deca Homes Tisa 2—8990 Holdings’ second condominium project in Barangay Tisa, Cebu City—seeks to cater to young, working professionals and parents as well as college students ..

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