DMCI Homes on Wednesday said sales of its newest residential condominium in Mandaluyong hit P4.8 billion barely a month after it was launched.
The company said as of early this month, its Sage Residences—the single-tower 50-storey development in Barangay Mauway in Mandaluyong—has sold 633 of the initially launched 812-unit inventory.
Sage Residences offers a mix of studio, one-, two- and three-bedroom units ranging from 30 to 95 square meters. Unit prices range from P6.11 million to P14.14 million.
DMCI Homes expects to generate a total of P12.46 billion sales from the project, which is targeted for turnover in February 2028.
“Sage Residences continues to generate interest from homebuyers who see the project as a convenient home or a high-value income property primarily because of its excellent location in the middle of major commercial and business districts of Makati, Taguig and Pasig,” the company said.
The property is accessible via EDSA, Boni Avenue or Shaw Boulevard. The company said going in and out of the property is easy because of its proximity to the MRT-3 Boni and Shaw Stations, and the abundance of transport options in the area.
A few minutes from Sage Residences are business centers Ortigas, Rockwell and Capitol Commons and prestigious schools such as Immaculate Conception Academy, Xavier, Poveda and La Salle Greenhills.
“Sage Residences is a sound investment not just because of its prime location, but also for its generous unit cuts, innovative designs, holistic amenities and green building features,” the company said.
Amenities include an indoor and outdoor play area, gym, ground floor pool complex, shooting court and a picnic and snack bar area.
Sage Residences also has a distinctive roof-deck that contains an elevated Sky Deck Pool, a Sky Garden and two Sky Lounges.
To support the changing lifestyle needs of residents, units and common areas of the property will have a free, unlimited, built-in, commercial-grade internet service, similar to the service premium hotels provide their guests.
“Sage Residences will be a showcase of DMCI Homes’ dedication to functional and sustainable design as it will bear its design innovation that brings abundant natural light and fresh air to the condominium.”
The property will also have a facility capable of collecting and treating wastewater to make it fit for general use, landscape irrigation and maintenance of amenities.