Private developers have expressed support for a new price ceiling for socialized housing jointly issued by the Department of Human Settlements and Urban Development and the Department of Economy, Planning and Development.
The Subdivision and Housing Developers Association (SHDA) said it welcomed the issuance of Joint Memorandum Circular 2025-001, signed on Dec. 1 by DHSUD Secretary Jose Ramon Aliling and DEPDev Secretary Arsenio Balisacan, along with the release of its implementing rules and regulations.
It said it “is greatly appreciative of the efforts of DHSUD Secretary Jose Ramon Aliling and DEPDev Secretary Arsenio Balisacan for the adjustments of the price ceiling for socialized housing and the crafting of the corresponding implementing rules and regulations in the joint memorandum circular”.
“The new price ceiling is reflective of the current increases in the price of land, labor and materials and will ensure the support for the production of socialized housing both vertical and horizontal project,” it said in a statement.
The circular is the product of months of technical discussions among the government agencies and private sector groups including the SHDA, the National Real Estate Association, the Organization of Socialized and Economic Housing Developers of the Philippines and the Chamber of Real Estate Builders Association.
Under the updated price ceiling, the maximum selling price for a socialized house-and-lot package is now at P950,000. Socialized condominium units may be sold at up to P1.8 million.
Aliling said the new ceiling reflects proposals raised by private developers and aligns with efforts to accelerate the Expanded Pambansang Pabahay para sa Pilipino Program of President Ferdinand Marcos Jr. He noted that the circular was crafted with consideration for homebuyer protection, as the minimum required size for socialized housing units has been increased to 24 square meters.
Aliling said the circular resulted from open and transparent dialogue between the government and private developers. He said the department expects an increase in socialized housing production as the country enters 2026.
The adjustment complies with Republic Act 11201, which mandates the housing department and the former National Economic and Development Authority, now reorganized as DEPDev, to jointly review and revise the ceiling as needed.
The law allows for revisions not more than once every two years to reflect prevailing economic conditions.
