PH1 World Developers Inc., a unit of Megawide Construction Corp., projects generating P1.8 billion in revenue from its Trece Martires development in Cavite.
Situated on a five hectare lot, the property is expandable to 30 hectares and will have 330 units in total when completed, the company said. It broke ground on the site over the weekend.
This develops four months following the introduction of Northscapes, the company’s first horizontal development in San Jose del Monte, Bulacan.
PH1 landscapes general manager Eric Gregor Tan is optimistic on the sales performance of the company’s latest project in Cavite based on the uptake of its counterpart project in the north.
“Almost 80 percent of Northscapes had been sold in 2023,” Tan said.
Northscapes is offering single-attached, townhouse and middle-unit townhouses in two-storey, three-bedroom units priced from P3 million to P8 million.
“Just like Northscapes, our latest offering in Trece Martires is envisioned to offer an extraordinary kind of living. We aim to set the bar high in terms of innovation in horizontal development,” he said.
Tan said the Cavite development caries Northscapes’ features such as the incorporation of energy-saving features into the structure of each unit.
Solar energy panels ensure each home use solar energy and lessen electricity bills and reduce carbon footprint. Its tinted windows prevent excessive sunlight and heat from seeping into the unit and its insulated walls protect the interior from scorching outdoor temperatures, keeping homes cool given the area’s tropical climate. Energy efficiency will also be felt throughout the development with solar-powered streetlights and e-shuttle services. Electric and telecommunication cables are also installed underground, eliminating unsightly overhead wirings.
PH1 president Gigi Alcantara said the company’s projects in the greater Manila area are disrupting the Philippines’ real estate and infrastructure sectors, challenging conventions while setting elevated standards in property development.
“Through our parent company’s innovative technologies, we herald developments that provide a wide range of extras: extra space, extra convenience, and extra value,” she said.
Alcantara said the company looks to augment its horizontal-project pipeline over the next two years and its Luzon expansion focused in San Jose del Monte, Bulacan and Cavite, including Trece Martires, and potentially in Batangas.
The company also plans expanding to the Visayas, specifically Cebu and Iloilo.
“We are looking at 200 hectares for the PH1WD horizontal pipeline. This will enable us to launch two horizontal projects annually for the next few years,” Alcantara said.
