Business

Consunji-led property unit reaches settlement with fifth of damaged condo tenants

Urban Property Developers Inc. (UPDI) has assured President Duterte that it is committed to resolving its issues with the affected unit owners of its Ecoland 4000 condominium.

Urban Property Developers Inc. (UPDI) has assured President Duterte that it is committed to resolving its issues with the affected unit owners of its Ecoland 4000 condominium.

Nagmatigas pa! Sid Consunji refuses to pay 3 DMCI condos damaged by Davao quake: Cracks, non-structural damages are normal

In a statement, UPDI revealed that 20 percent of the residents of the damaged building had already agreed to a settlement as of Jan.10

Gov’t stops Consunjis from collecting dues from tenants of collapsed Davao condo

The five-story Ecoland 4000 building was declared unsafe after it was hit and partially damaged after a 6.5 magnitude quake shook Mindanao last October.

‘Arrogant’ Consunji replies to Duterte’s tirade: Will pay DMCI-Ecoland owners 150% of quake-damaged units

“We have ongoing discussions with the rest of the unit owners to finally settle this matter,” UPDI said.

‘Pag ako naasar, padapain kita! Duterte tells Consunji to shut up on Maynilad, pay buyers of DMCI’s collapsed condo first

“We would also like to assure President Rodrigo R. Duterte and our unit owners that we are fully committed to resolving this issue in a fair manner at the soonest possible time,” the property firm added.

‘Wag kang arogante! Duterte to shut down DMCI if Consunji does not pay quake-damaged Davao condo

UPDI issued the statement just a day after Duterte threatened to ban DMCI Homes.

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