Camella Homes eyes expansion in Mindanao
June 24, 2012 § Leave a comment
Sunday, March 18, 2012
CAMELLA is seeking more expansion in Mindanao this year.
In a press conference Saturday at the Mandaya Hotel Davao, Cnythia Villar said the family business will be expanding its coverage in Valencia, Marbel in South Cotabato and Ozamis City for this year.
Villar said they will be building low-rise infrastructures in Mindanao catering to most middle-class clients.
The investment for every Camella is amounting to over P100 million, she said.
In Metro Manila, she said they have high-rise and low-rise buildings catering to upper and middle-class families.
Based on her assessment, the middle-class families in the city are not yet ready for high-rise condominiums. (ALC)
Published in the Sun.Star Davao newspaper on March 19, 2012.