Empire East Land Holdings Inc., a subsidiary of Megaworld Corp., announced on Tuesday a P25-billion capital expenditure plan over the next five years, targeting the development of residential communities anchored on master-planned, transit-oriented locations.
Company president and CEO Anthony Charlemagne Yu said the sustained demand in the mid-market housing segment, supported by long-term urbanization and a favorable macroeconomic backdrop, underpins the investment commitment. The recently concluded elections and continued infrastructure momentum were cited as further catalysts for expansion.
“With a P25 billion capex pipeline over the next five years and a 426-hectare land bank, we are well positioned to lead sustainable growth while offering high-value products in strategic locations,” Yu said.
The company aims to address the essential housing needs of working Filipinos and young families—segments seen as resilient despite elevated interest rates and selective supply surpluses in investor-centric developments.
Yu emphasized that Empire East’s transit-accessible projects are largely insulated from vertical housing oversupply, distinguishing the company’s offerings from investor-heavy high-rise developments. “We’re building where real end-user demand exists,” he said.
As part of the Megaworld group, Empire East expects to benefit from group-level synergies while retaining its niche market focus. Yu also acknowledged the ongoing impact of global uncertainties, including the U.S.-China trade conflict, on construction costs and sentiment, noting that the Philippines remains a strong candidate for supply chain diversification and potential BPO growth—both drivers of housing demand.
The company is closely monitoring global developments to adapt procurement strategies and protect project margins, ensuring price competitiveness amid market shifts.
