Haus Talk breaks ground for P500-M Celestis project - BusinessWorld Online

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HAUS Talk, Inc. started the construction of its horizontal housing Celestis project, which it expects to “conservatively” bring P500 million in revenues of P200 million in earnings. READ:

“It is expected that half of the sales and earnings will be realized by yearend and the other half by the succeeding year,” Haus Talk said in statement on Thursday.

The company said the project is targeted for middle-class buyers, “although based on company experience, the company’s buyers come from all classes.” The company is optimistic given the success of its previous housing projects that “were all sold out even before project completion.” Haus Talk added that “earnings from this project alone shall exceed the total earnings of the company for the previous year.” This is on top of the company’s other planned projects for 2022, which are also “highly profitable.”

Source: News Formal (newsformal.com)

 

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