Damosa Land prepares to launch 2 projects in Davao del Norte

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Damosa Land’s Seawind project
Damosa Land, Inc.’s Seawind project won an Asia Pacific Property Award.

DAVAO CITY — Damosa Land, Inc. (DLI) is preparing to begin marketing and pre-selling activities this year for its two new residential projects in Davao del Norte, the Agriya township in Panabo City and the Bridgeport complex on Samal Island.

“We are finalizing everything (development plans) and soon we will introduce both to the market,” DLI Vice-president Ricardo F. Lagdameo told BusinessWorld in an interview last week.

Agriya is an 88-hectare mixed use project, of which 20 hectares will comprise the residential component. The rest will be for open spaces, commercial areas, and a graduate school of the University of the Philippines Los Baños.

Bridgeport, on the other hand, is a 12-hectare complex with condominiums and a 20-unit exclusive subdivision for stand-alone houses.

In Davao City, DLI has started construction for the last of its six-tower condominium project Seawind.

Two buildings are already up, while the third and fourth are scheduled for completion this year, according to Mr. Lagdameo.

Seawind, DLI’s first condominium project, recently won the Asia Pacific Property Award 2018 for the condominium Philippines category.

“This award serves as a seal of quality that we are following the international standards in property development,” said Mr. Lagdameo.

DLI, the real estate arm of the Floirendo-owned Anflo Management and Investment Corp., is engaged in residential, commercial and leisure, industrial, and mixed-use developments within Mindanao.

The Asia Pacific Property Awards is part of the International Property Awards for residential and commercial property professionals in the world. — Carmelito Q. Francisco