MidPark Towers Launch Sales Exceed P1.2 Billion

Paranaque City, Philippines, November 20, 2018 — D.M. Wenceslao & Associates,
Incorporated (PSE: DMW) announces that its wholly owned subsidiary Aseana
Residential Holdings Corp. (ARHC) has sold P1.2 billion on the grand launch of its second
residential project, MidPark Towers.

“The successful reception of the MidPark Towers is a demonstration of our customers’
growing confidence in our ability to deliver quality residential products,” said Delfin
Angelo “Buds” C. Wenceslao, chief executive officer.

Comprising four 15-story buildings, MidPark Towers offers various sizes ranging from
36 sq.m. for a studio unit to 108 sq.m. for a three-bedroom unit. It features multiple
indoor and outdoor gathering spaces, immediate neighborhood amenities and locational
conveniences such as airports and lifestyle options. It also reflects modern architecture
built in minimalist leanings against a full glass façade overlooking Aseana City’s
greenway—a pedestrian park and promenade that stretches from Roxas Boulevard to
Manila Bay.

“MidPark homeowners want to live in a walkable and well-connected progressive
community. They look for a combination of public spaces, innovative entertainment and
retail concepts and an environment that is both pedestrian-friendly and transitoriented.”
Centrally located in Aseana City, MidPark Towers is bordered by two main avenues—
Aseana Avenue and Macapagal Boulevard. The property is within walking distance from
Ayala Malls Bay Area and the planned Light Rail Transit (LRT) Aseana station. MidPark
Towers is situated within two to five kilometers from all terminals of Ninoy Aquino
International Airport (NAIA) and the recently inaugurated Paranaque Integrated
Terminal Exchange (formerly known as Southwest Integrated Bus Terminal Exchange).

ABOUT D.M. WENCESLAO & ASSOCIATES, INCORPORATED
DMW is an integrated property developer with expertise in land reclamation,
construction and real estate development. It is the master developer and primary owner
of Aseana City, a development project with a total land area of 107.5 hectares located
along the coastal waters of Manila Bay. Since 1965, DMW has reclaimed more than 2.4
million square meters of land, leased or developed 245,000 square meters of land and
buildings, and completed over 100 construction and infrastructure projects including
large, complex government developments throughout the Philippines.
For further information, please contact:
iro@dmwai.com