8990 Holdings expands Cebu presence with 2 new projects
Leading mass housing developer 8990 Holdings is expanding its footprint in the Visayas with the rollout of two new “family-friendly” residential projects in Mactan, Cebu worth a combined P7 billion.
The two projects are so far 8990 Holdings’ largest ventures in the region—Deca Homes Mactan Prime and Urban Deca Homes Mactan, both of which are located in the highly urbanized city of Lapu-Lapu.
“Our projects in Cebu are a testament to our commitment to providing decent homes to the Filipino at an affordable price,” 8990 Holdings president and CEO Januario Jesus Gregorio Atencio III said in a press statement. The site is also only 2.6 kilometers from the planned third Mactan Bridge, which is expected to be completed in 2022, providing homebuyers convenience.
The two new projects account for close to 70 percent of the company’s current pipeline in Cebu. Both are expected to be completed by the end of 2023.
Deca Homes Mactan Prime is a gated community situated in a 30-hectare property and has an estimated project value of P4.2 billion.
Urban Deca Homes Mactan is a 15-hectare property valued at P6.5 billion that will house mid-rise buildings with a total of 6,828 units. |
