October 31, 2025 | 12:00am
MANILA, Philippines — The Antonio family’s Century Properties Group, through its first-home business segment PHirst Park Homes Inc. (PPHI), is taking significant steps to help address the country’s housing backlog, with plans to invest P8.39 billion to build over 13,000 new units.
PPHI intends to implement newly awarded housing contracts covering 13,150 new units before the end of the year, with the units to be built across nine project locations nationwide.
The company said the projects have been awarded to its in-house construction arm, PHirst Build, alongside long-standing partner Megawide Construction Corp., to ensure timely delivery and maintain construction efficiency.
The new units consist of PPHI’s economic, affordable and mid-income home models.
PHirst Build is set to handle the construction of 6,326 units in several Luzon locations, including the newly launched PHirst Park Homes Sto. Tomas and PHirst Park Homes Magalang East.
Megawide, meanwhile, will deliver 5,824 precast housing units valued across five projects located in key growth areas such as Cavite, Laguna and Batangas.
PPHI said that 1,000 more units are currently in the contract awarding stage and are expected to complete this year’s development plan.
Th upcoming batch will increase PPHI’s total housing stock to 42,456 units.
As of end-2024, the company had already awarded 29,306 units to dedicated construction firms since its founding in 2017.
“Our initiatives, through innovative construction methods and strategic partnerships with contractors and suppliers, represent a strong continuation of our mission to provide affordable housing solutions – making quality homes more accessible to Filipino families and helping elevate their communities,” PPHI vice president for technical operations division Roy Lachica said.
“These also help us to continue our expansion into more locations nationwide as the company responds to the country’s growing demand for housing,” he said.
PPHI operates in 31 active projects across Luzon and Visayas, with developments in key locations in Cavite, Laguna, Batangas, Quezon Province, Bulacan, Pampanga, Bataan, Nueva Ecija and Bacolod City.
PPHI said that more than 15,000 units have been completed by the first half, with projections indicating that the number could rise to approximately 18,000 units by the end of the year.
Further, the company said that over 10,000 units have been turned over to buyers within the same period, with expectations to reach more than 14,000 by the end of 2025.
“These figures show PPHI’s continued commitment to timely delivery and high-quality project execution,” it said.