Century Properties Group Inc. (CPG) reported a 14 percent year-on-year increase in net income to ₱1.22 billion for the first half of 2025, up from ₱1.07 billion in the same period last year, driven largely by stronger sales from its horizontal housing segment.
Consolidated revenue rose 7 percent to ₱7.64 billion, bolstered by continued momentum in horizontal development through First-Home Residential Developments Inc., which contributed ₱5.23 billion, or 68 percent of total revenue generation. Premium residential development accounted for 21 percent or ₱1.61 billion, while commercial leasing and property management added 7 percent (₱535 million) and 3 percent (₱264 million), respectively.
CPG president and CEO Marco R. Antonio attributed the gains to customer trust and the firm’s diversified portfolio. He emphasized the company’s strategic focus on expanding into high-growth markets, with plans to launch two new premium horizontal projects in Pampanga and Cavite by 2026.
The firm’s Phirst brand, which anchors its affordable housing portfolio, is also scheduled to launch six to eight new projects in 2025, including its first development in Mindanao.
Backed by a ₱12 billion capital expenditure plan for 2025 — ₱10 billion for Phirst and ₱2 billion for premium projects — CPG is reinforcing its dual-market strategy, balancing growth between affordable and premium residential offerings while strengthening recurring income from commercial operations.
