Real Estate Philippines

Residences at Commonwealth breaks ground for Tower 8

Century Properties recently held the groundbreaking of Quezon South Tower (Tower 8 ) of its first residential development in Quezon City, The Residences at Commonwealth. Marco R. Antonio, Century Properties COO led the rites together with CPG officials and Century Properties Management Construction Corp. (CPMCC) executives. Set to rise to 16 stories, the Quezon South [...]

By | September 22nd, 2015|Uncategorized|

Developers, mall owners offer traffic solutions

Who says the solution to the hellish traffic in Metro Manila lies with motorists, pedestrians, highway police and the MMDA (Metropolitan Manila Develoment Authority) alone? Certainly, even the property sector has a stake in this issue, for is it not true that a community is also defined by the interrelationship of public and private infrastructures? [...]

By | September 22nd, 2015|Uncategorized|

Century plans low-cost housing

Century Properties Group plans to venture into the horizontal economic housing development to strengthen its real еstatе portfolio that includes vertical projects, and leasing, leisure and tourism-related businesses. Century said in a presentation during a recent analysts’ briefing it planned to build affordable house and lot developments in next wave cities that had attracting significant [...]

By | September 22nd, 2015|Uncategorized|

CPG’s pre-sales down 34% in first half,improves in second quarter

CENTURY Properties Group Inc.’s pre-selling of condominium units declined in the first semester year-on-year but sales take-up improved in the second quarter compared to the first on robust demand from overseas Filipinos. CPG disclosed to the Philippine Stock Exchange on Tuesday that it had registered a 46 percent quarter-on-quarter increase in its pre-sales to P4.49 [...]

By | September 2nd, 2015|Uncategorized|

Century sells fewer units in first half

CENTURY Properties Group, Inc. saw a slowdown in pre-sales in the first half of the year as the property developer deliberately held back on new project launches to sell remaining inventory. The property firm of Jose E.B. Antonio, a former diplomat, registered a 24% drop in pre-sales to P4.49 billion in the second quarter from [...]

By | September 2nd, 2015|Uncategorized|

High-End Developer Posts Lower Reservation Sales in First Half

Century Properties Group Inc. generated lower reservation sales in the  first half of the year at P7.56 billion, a 33.68 drop from P11.4 billion last year due to less  product launches  starting last year. Century Properties, however, posted   a 46 percent increase in actual sales   to  P4.49 billion in  the second quarter from P3.07 billion [...]

By | September 2nd, 2015|Uncategorized|

Century Properties Q2 pre-sales jump 46% on OFW demand

Rеal еstatе developer Century Properties Group Inc. posted strong growth in pre-sales for the second quarter of the year on continuing strong housing demand from overseas Filipino workers (OFW) and the strong take-up in the office space segment. In a disclosure posted on the Philippine Stock Exchange website Tuesday, Century said pre-sales for the second [...]

By | September 2nd, 2015|Uncategorized|

Century Properties’s Q2 presales up on OFW, office sector demand

PROPERTY developer Century Properties Group (CPG) Inc. said presales rose by almost half during the second quarter mainly coming from its flagship project in Makati City. The company said it had presales of P4.5 billion in the April-to-June period, as against the P3.07 billion recorded in January to March. CPG said the higher sales came [...]

By | September 2nd, 2015|Uncategorized|

Century Properties cuts earnings in H1

MANILA, Philippines - Century Properties Group Inc. reported a five percent drop in net income in the first half to P1.01 billion. Total revenues amounted to P6.17 billion, of which P4.98 billion came from real еstatе sales. In the second quarter alone, pre-sales jumped 46 percent to P4.49 billion amid strong demand from the overseas [...]

By | September 2nd, 2015|Uncategorized|