Century Properties diversifies

Antonio family-led Century Properties Group (CPG) plans to launch a new housing line that pitches affordable housing units outside Metro Manila priced starting at P1.1 million to first-time homebuyers such as start-up families.

The maiden offering for this “first home” market segment for CPG will be a P2-billion housing project in Tanza, Cavite involving 2,877 homes in a 26-hectare community, CPG disclosed to the Philippine Stock Exchange on Monday.

“The launch of this new segment effectively expands the company’s portfolio of residential offerings, from luxury and mid-priced condominiums in the business districts and city centers to competitively priced first homes within boom towns outside of Metro Manila, while maintaining Century’s tradition of quality, innovation, and unique customer experience across all market segments,” said CPG chief operating officer Marco Antonio, who is also managing director for the company’s first home unit. Doris Dumlao-Abadilla