By NEILWIN JOSEPH L. BRAVO
With its construction development moving on pace, the Matina Enclaves saw its sales progress go up the target curve.
Since commencing construction in November last year, sales for the Matina Enclaves’ Building 3 has risen to 65 percent–reason why sales execs at the Escandor Development Corporation (Esdevco)-owned development are in the mood to be upbeat.
Building 3 is the third of ten projected towers comprising the Residences sector of the mixed-use real estate project located at Quimpo Boulevard next to the famous Davao City Golf Club.
Project manager Gerald Kent Garces reported the sales update last Friday as he provided construction development progress for the initial venture of Esdevco into real estate development. Esdevco is owned by the Escandor family known for their security agency firm Davao Allied Security and Investigation Serices (DASIA) and The Royal Mandaya Hotel, among others.
“It’s a big sales progress given that the market today is really very tough,” said Garces who commended Matina Enclaves’ sales team as well as participating real estate brokers. “I congratulate the sales and marketing teams for a job well done.”
Among the major developments for construction, Garces said, are the awarding of contract for the swimming pool project which is slated early next month and the preparation of detailed drawings of Arcadia in May.
Garces also stressed that preparation of detailed drawings of Arcadia may start or end in May 2016.
Foundation works is set to commence next week for Building 2. Meantime, the turn over for Building 3 has been set to January 8.
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