Housing developer Javer has proven that in the property market, fortune indeed favors the bold. With results that read like a financial fairy tale, the third quarter of this year saw Javer's EBITDA ascending to new heights, showcasing a 23.6 percent growth that landed squarely at 412.3 million pesos. You might be wondering how this miracle came to pass – well, the answer is a delightful mix of higher unit sales, improved product variety, heftier price tags, and a dash of cost-cutting magic.
In the land of real estate, Javer seems to be writing its own rules. The number of units sold in the third quarter surged by 1.9 percent, totaling a whopping 3,230 homes. Not too shabby, right? But that's not all; in the grand scheme of things, from January to September 2023, Javer managed to deed an impressive 9,378 homes. That's a 2.7 percent increase from the previous year. We're talking about a relentless real estate juggernaut.