DMCI Homes, the property arm of DMCI, is wallowing in a sea of red ink as it compensates buyers for the quake-damaged condos in Davao.
The Davao City office issued an evacuation order for residents of Magallanes Residences, another DMCI-developed condominium in Davao City.
Residents of four DMCI condominiums in Davao City have blasted the Consunji family for neglecting them and causing them stress and sorrow.
President Rodrigo Duterte did not mince words when he confronted bilyonaryo Sid Consunji for his “nonchalant” attitude in addressing the hundreds of customers demanding compensation for the quake-damaged condos.
The newly-created Department of Human Settlement and Urban Development’s (DHSUD) first order of business is to fix the issues involving the collapsed condominiums in President Duterte’s hometown.
Concerned netizen Lot Cabading Seras wants the Consunji family, who owns DMC-Property Developers Inc. to stop downplaying the damage caused by a series of earthquakes in Mindanao to Palmetto Place in Davao.
Palmetto Place, a condominium built by the DMCI-Consunji group in Davao City, has been ordered shut down by the local government due to extensive damage suffered during the series of quakes which shook Mindanao from October 29 to November 1.
