PHirst Park Homes Inc. (PPHI), a unit of Century Properties Group, announced a major expansion with the award of new contracts covering 13,150 housing units across nine project sites nationwide, valued at P8.39 billion.
The initiative aims to help close the Philippines’ national housing gap by accelerating the delivery of affordable, high-quality homes.
The new projects are scheduled for implementation before the end of 2025, underscoring PPHI’s commitment to Filipino first-time buyers.
PPHI vice president for technical operations Roy Lachica said the company’s innovative construction methods and strategic partnerships would allow for the delivery of “quality, affordable homes faster and more efficiently.”
“These projects not only meet the growing demand for housing but also uplift the communities we serve,” he said.
Construction of the units will be handled by PPHI’s in-house builder, PHirst Build, and its long-time partner, Megawide Construction Corp.
PHirst Build will take on 6,326 units in Luzon, including the recently-launched PHirst Park Homes Sto. Tomas and PHirst Park Homes Magalang East.
Since its establishment in 2022, PHirst Build has overseen the construction of over 12,000 homes nationwide, representing 31 percent of PPHI’s total portfolio.
Megawide will deliver 5,824 precast units across five developments in Cavite, Laguna and Batangas.
An additional 1,000 units are currently in the contract awarding stage, which will complete this year’s development pipeline.
Both PHirst Build and Megawide jointly apply advanced Precast and Cast-In-Place (CIP) systems to accelerate construction timelines, improve efficiency, and ensure consistent quality across projects.
Since its founding in 2017, PPHI has awarded a total of 29,306 units to partner contractors. The new batch will expand its portfolio to 42,456 housing units.
By mid-2025, PPHI had completed over 15,000 units, with the number projected to reach 18,000 by yearend. More than 10,000 homes have already been turned over to buyers, with the total expected to exceed 14,000 by December 2025.
