Damosa Land, which is part of Anflo Management and Investment Corporation’s real estate arm, is accelerating the progress of its first condominium project. Encouragement for this is due to the brisk sales of the first four out of six owned buildings. Covering a 2.8-hectare area, the Seawind project comprises of six low-rise towers, recreation facilities, and a public transportation terminal, among others.
The first two towers contains 165 units each and are already sold out. The pre-selling for the next two towers is already underway. The first tower sold out last July, which prompted the launching of the second tower, which also sold out shortly afterwards. The target of the company is to finish at least one building per year. Half of the buyers are just locals from neighboring areas and the city itself.
