Century Properties Group of businessman Jose Antonio is speeding up construction of affordable housing units to spur faster growth and help meet the huge unmet housing need in the country.
The company is beefing up its land bank in line with its goal to build 20,000 affordable housing units annually as it expects this segment to become a major driver of growth in the next few years.
It is acquiring properties in Cavite, Laguna, Batangas and Bulacan.
CPG recently launched the 26-hectare Phirst Park Homes in Tanza, Cavite, offering 2,877 units priced at P1.1 million to P1.8 million each.
The Antonio-led firm plans to tap the first homebuyer market in high growth areas.