Robinsons Land Corp. plans to launch P12 billion worth of residential projects this year as demand for residential property remains robust.
RLC president Frederick Go said in an interview following the annual stockholders' meeting that the group lined up four new projects across its residential brands. These projects are located in Pasig and Parañaque.
Go said on top of the P12 billion worth of new projects, RLC would also have projects under the joint ventures with Hong Kong Land Group and Shang Properties Inc.
Go said the company in partnership with SPI would launch a high-end residential project in Bonifacio Global City by the second half of the year. RLC in a joint venture with HKLG will also launch a high-end residential project in Pasig in the second half.
Go said with the aggressive launches, the company was expecting reservation sales to exceed the P15.3 billion posted in 2018.