Century Properties to Deliver 13K Housing Units

Century Properties Group’s PHirst Park Homes Inc. (PPHI) is adding 13,150 new housing units before the end of this year as part of efforts to address the housing backlog in the country.

PPHI’s rapid growth reflects the company’s successful track record in the housing sector. (Photo: Century Properties)

To be built across nine project locations nationwide, the total value of the new housing units amounts to ₱8.39 billion, which the company described as a strategic move underscoring PPHI's commitment to meet the growing demand for affordable yet high-quality homes for Filipino first-time buyers.

To ensure timely delivery and maintain construction efficiency, the projects have been awarded to PPHI’s in-house construction arm, PHirst Build, along with long-standing partner Megawide Construction Corp. (MCC).

The 13,150 new units consist of PPHI’s Economic, Affordable, and Mid-Income Home Models.

PHirst Build will 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.

Meanwhile, Megawide will deliver 5,824 precast housing units across five projects located in key growth areas such as Cavite, Laguna, and Batangas.

Additionally, 1,000 more units are currently in the contract-awarding stage and are expected to complete this year’s development plan.

As of the end of 2024, the company had already awarded 29,306 units to dedicated construction firms since its founding in 2017. This upcoming batch will significantly expand PHirst’s portfolio, increasing its total housing stock to 42,456 units.

PPHI’s rapid growth reflects the company’s successful track record in the housing sector.

By the first half of 2025, more than 15,000 units had been completed, with projections indicating that this number could rise to approximately 18,000 units by year’s end.

Additionally, PPHI reported that over 10,000 units had been turned over to buyers within the same period, with expectations to reach over 14,000 by the end of 2025.

These figures demonstrate PPHI’s continued commitment to timely delivery and high-quality project execution.

“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,” said Engr. Roy C. Lachica, Vice President for the Technical Operations Division of PPHI.

“These also help us continue our expansion into more locations nationwide as the company responds to the country’s growing housing demand.”

Boosting Capabilities with Partnership and Efficient Technologies

PPHI’s expansion is made possible through strong partnerships and collaboration. Together, PHirst Build and Megawide implement a strategic and innovative construction approach, allowing PHirst to offer practical and scalable solutions.

Leveraging advanced Precast and Cast-In-Place (CIP) building systems, this partnership ensures faster and more sustainable construction, greater efficiency, and consistent quality across all developments.