PROPERTY developer DataLand, Inc. plans to launch a two-tower mixed-use residential and office development worth P11 billion by the end of the first quarter of next year.
“We have to change the business model. Previously, the business model was purely an office project,” DLI Vice President for Development and Customer Turnover Group Felimon G. Yee Jr. said on the sidelines of the company’s 10The development is described by the property development arm of building construction firm DDT Konstract, Inc. as “one of the future landmarks of the EDSA skyline standing at 55 and 54 floors.
“The demand is there for residential [units] and the office has been quite passive because [of the pandemic]. We tried to shift the business model and we have tried as well to honor the buyers of offices,” Mr. Yee added. Units in the development will range from a studio unit with sizes from 28 sq.m. to 30 sq.m. to a three-bedroom unit at 98 sq.m. to 100 sq.m.
DLI Executive Vice President Joseph Ramil B. Lombos said the edge of DLI is the group’s own construction arm.
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