Century Properties Group Inc. (CPG), led by president and CEO Jose Marco R. Antonio, announced its entry into the Mindanao real estate market, marking a significant milestone in the company’s nationwide expansion. The move will be spearheaded by its horizontal housing brand, Phirst Park Homes Inc., with the first Mindanao project scheduled for launch in the third quarter this year.
The foray into Mindanao represents CPG’s first development in the region and part of a broader plan to roll out around 10 projects over the next two years. The expansion underscores the company’s commitment to serving the growing demand for affordable housing in emerging provincial markets amid favorable macroeconomic conditions and ongoing government infrastructure investments.
Antonio emphasized the company’s strategic focus on growth centers across seven of the country’s 17 administrative regions. “CPG is well positioned to accelerate its expansion across the country,” he said during the company’s annual stockholders’ meeting. “These new areas will become high-growth corridors attracting commercial, residential, and industrial development.”
Phirst Park Homes president Ricky M. Celis said the brand will continue developing independent gated communities while also pursuing township projects, building on the success of Phirst Centrale Batulao and Phirst Centrale Hermosa in Bataan.
CPG is targeting six to eight new projects in the near term across its residential brands, covering over 100 hectares and more than 10,000 housing units, with an estimated sales value of ₱25 billion.
