8990 Holdings Inc. Stock Analysis HOUSE.PM

8990 Holdings, Inc. engages in the business of mass housing development. The firm's business segment includes the construction of low-cost mass housing; construction of medium-rise condominium units; construction of high-rise condominium units, and hotel operations. Under the brand name DECA Homes, its residential subdivisions are located in Cebu, Iloilo, Davao, Pampanga, and Cavite. The company constructs over three types of housing unit, including single-story detached, single-story attached, and townhouse. The floor areas range over from 35 square meters (sq. m.) to 120 sq. m. Its facilities include concrete roads and an underground drainage system. The company also develops low-cost residential complexes of medium-rise buildings (MRBs) under the Urban DECA Homes brand. The floor area for an MRB unit ranges over from 25 sq. m. to 36 sq. m. The Company has also ventured into high-rise condominium projects under the brand name, DECA Towers in the urban areas of Metro Manila.