Century Properties Group Launches P6.35 Billion Housing Expansion in Calabarzon
What happened
Century Properties Group unveiled two house-and-lot developments in Laguna and Batangas, with a combined estimated sales value of P6.35 billion. These projects, offered under the PHirst brand, will provide 3,265 residential units. The expansion marks CPG’s entry into the Calabarzon region with projects located near industrial zones and employment centers.
From bworldonline.com
Why it matters
The launch expands CPG's horizontal housing business outside of Metro Manila, aiming to serve the local workforce. The increased housing demand and investment influx validates regional economic growth in the area.
From bworldonline.com
Who's involved
- BatangasProvince where one of the new housing projects is located.
- CalabarzonAdministrative region where the housing expansion is taking place.
- CalauanMunicipality where one of the new housing projects is located.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- BatangasSpeculative
Could see increased investment and construction activity from the new housing project.
- CalauanSpeculative
Could see increased investment and construction activity from the new housing project.
- CalabarzonSpeculative
May see increased housing demand and investment influx validating regional economic growth.
- China Bank SavingsSpeculative
Might see increased consumer lending opportunities due to higher housing demand in the region.
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The entities involved
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Batangas
province of the Philippines
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Calabarzon
administrative region of the Philippines
Nothing else this week.