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Damosa Land to finish Seawind project by 2020

Original Article Published in Edge Davao on September 4, 2019

Written By: Maya Padillo

Article Link: https://edgedavao.net/2019/09/04/damosa-land-to-finish-seawind-project-by-2020/

COMMITMENT. Damosa Land, Inc. vice president Ricardo “Cary” F. Lagdameo says the blessing of Seawind Tower 4 and the topping off of Tower 5 signify that the company is within its timetable to deliver its commitment to clients. Construction of the remaining buildings, according to Lagdameo, is three months ahead of schedule. Lean Daval Jr

With the topping off of the Tower 5, the Seawind project of Damosa Land Inc (DLI) is nearing completion. 

DLI Vice President Ricardo “Cary” Lagdameo told Edge Davao they are eyeing to finish the six-tower mid-rise condominium project located in a 2.7 hectare property in Sasa by the end of 2020.

“All six towers should be finish already by the end of 2020 which is actually our original construction schedule. Our original plan was to finish it in six years. We are sticking to that schedule,” Lagdameo said during the blessing of Tower 4 and topping off ceremony of Tower 5 on Wednesday, September 4.

Lagdameo emphasized it is a plus point that real estate companies should do and give what they promised to the buyers. 

“The topping off shows that we are sticking to out timetable and our commitment to our customers if we tell them that their units will be ready at a certain time we really as much as possible to meet those deadlines. Since we topped off the structure is completed and everything inside,” he said. 

He said construction of Tower 5 is actually two or three months ahead of schedule and is set to be completed in May 2020.

“So the construction has been ahead of schedule even for Tower 6 wherein we are also few months ahead of schedule,” he said. 

Lagdameo added that working ahead of schedule means they can deliver their commitment to the buyers. 

He said they are targeting to turn over units of Tower 5 by next year. “Turn over will be done floor by floor. We based it on one is the availability of the units. Because everybody purchase units in different times so it has to match with their payment schedules.” 

Tower 5 has a total of 214 units and according to Lagdameo most of the units are already sold while for the whole project they only have about 3 percent remaining units. 

“Majority of our buyers are mostly of working age about 25 years old to 45 years old and employed by various companies. We also have some executives and a lot of Anflocor employees,” he said. 

For Tower 6, construction is already at the third floor. He said they are also eyeing to finish construction by next year. 

Seawind was launched on August 8, 2015. It is located in an elevated area with the view of the Davao Gulf and Samal Island. It has alloted only 25 percent of the entire development to building spaces while 75 percent is dedicated to open living spaces such as the clubhouse, pocket parks, and walkways. The township will also have a commercial complex with a public transport terminal that will provide basic services for the community. 

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