Deny pa more! Netizens find proof DMCI-Consunji owns quake-torn Ecoland 4000 condo

Deny pa more! Netizens find proof DMCI-Consunji owns quake-torn Ecoland 4000 condo

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Netizens aren’t buying DMCI and the Consunji family’s denial that they own the Ecoland 4000 condominium complex in Davao City, which collapsed following the magnitude 6.5 earthquake which hit parts of Mindanao earlier this week.

In a statement, DMCI said it is not the developer of Ecoland 4000.

“The company was not involved in the development, design, and construction of the said project,” it said, adding that Verdon Parc was its only project in Davao City.

A portion of Ecoland 4000 condominium complex’s Himeji building suffered heavy damage following the powerful earthquakes which rocked Mindanao on October 29 and 31.

Local reports said mid-rise condominiums were built by DMC Urban Property Developers Inc. (DMC-UPDI).

Netizen @ptbilog said DMC-UPDI must be “coincidentally” holding office in DMCI’s building along Chino Roces Avenue in Makati City.

An article posted by the newspaper Business World on its website on May 23, 2017, titled “DMCI Homes plans new Davao condo project,” identified DMC-UPDI as a sister company of DMCI.

“The P3-billion Verdon Parc project, which DMCI took over from sister company DMC Urban Property Development, Inc. last year, consists of four buildings in a three-hectare property in the Ecoland area,” a portion of the article read.

The website, dmc-updi.blogspot.com said DMC-UPDI was behind the real estate project Ecoland 4000, Magellanes Residences, Palmetto Place, Hacienda and Verdon Parc.

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