LEISURE real estate developer Landco Pacific Corp. sales have been surging in the past five months as buyers eye open spaces amid the pandemic, the company said.
“Profit-wise, we have recently experienced sudden surge and increase in pricing of our projects because of the clamor for wider, open space (and) laid-back environment,” Landco Chief Financial Officer Vivian S. Liban said in an online briefing on Thursday.
“In the last five months, we have experienced a surge in sales.”
The developer of the Peninsula de Punta Fuego, Landco properties include residential beach side developments and leisure tourism estates.
Ms. Liban said that the company used the lull in business activities and construction during the pandemic to streamline its business processes.