Homeqube Pte Ltd., a Singapore-registered construction firm, on Tuesday announced an ambitious plan to build 1,000 housing units in the Philippines this year, targeting total investment of around P1 billion. Founder and CEO Jose Paolo Calma revealed the proposal during a recent briefing, saying the goal is to tackle the country’s housing crisis by making homebuilding faster and more affordable.
Priced at only around P1 million, Calma said Homeqube’s all-in-one platform aims to empower Filipinos in various living conditions—from beach lots to farmland—to construct homes on their acquired land. “Sustainable development is at the forefront of our mission, bringing regenerative living concepts to the Philippine property sector,” he said.
The Philippines faces a backlog of approximately 6.5 million residential spaces, producing only 140,000 homes annually. To disrupt the traditional development model, Homeqube integrates blockchain and artificial intelligence into its operations, significantly reducing lead times and costs associated with conventional construction.
Homeqube has established a USD1 million production plant in Pampanga to create prefabricated materials, using glass fiber reinforced polymer (GFRP). This lightweight yet durable material allows for flexible configurations while minimizing the environmental footprint of construction. It is designed to withstand harsh weather, including winds of up to 310 kilometers per hour, and resistant to fire, termites, and rust.
In addition, the company has developed an online home delivery service that encompasses the permitting phase and material acquisition, leading to a streamlined 30-day installation and delivery process. The innovative approach also includes investments in a Carbon Kevlar Cargo boat to ensure materials reach even the most remote island habitats.
Calma expressed confidence in Homeqube’s model, saying, “By choosing materials that regenerate, we can create a resilient environment, adapting to our evolving needs.”
