No serious disruption in housing sector — Villar Group

Published February 21, 2022, 12:00 PM

by Bernie Cahiles-Magkilat

BRIA Homes, a property development subsidiary of the country’s leading property developer Villar Group, said the housing sector did not suffer serious disruptions despite the prolonged pandemic.

In a statement, BRIA Homes said that throughout the Covid-19 pandemic, Philippine real estate did not suffer serious disruptions as some might have anticipated.

“Homebuilders continue to report significant increases in sales, affirming the notion that whatever economic forces are at work, consumers will always have a basic need for shelter,” said BRIA Homes Division Head Eduardo T. Aguilar.

Aguilar said that these factors, plus the long-held dream of every Filipino to own a home, will continue to fuel the demand for viable housing nationwide.

According to Aguilar, these factors will support further expansion in real estate construction projects. With that, the property sector provides widespread employment—for both skilled and unskilled workers—and creates a demand for housing materials and related services. It also generates multiplier effects in terms of steady employment in the manufacturing sector, Aguilar added.

Aguilar cited data from the Philippine Statistics Authority (PSA), which showed a 114.1 percent increase in construction projects in the second quarter of 2021. In addition, property consultancy firm Colliers said completed and ongoing public infrastructures are likewise pushing developers to build even more master-planned communities outside Metro Manila, thereby encouraging economic growth.

On the part of Bria, Aguilar said the housing developer will continue to launch housing projects in key towns and cities in the Philippines. BRIA has over 50 residential communities in Luzon, Visayas, and Mindanao.

To date, BRIA Homes remains a trusted and reliable real estate developer for many Filipinos–building value-for-money house-and-lot units and condominiums that attract young, single professionals, starting families, entrepreneurs and property investors.

“We are more than happy to offer a wide range of housing options for all Filipinos, especially now that individuals and families are realizing the value of owning a safe, secure, and stable home,” said Aguilar. “We are also gratified to know that BRIA’s expansive product portfolio helps drive economic growth across the country.”

Aguilar further assured Filipinos that BRIA will continue to upgrade its services and develop more communities to provide livable, well-designed homes in more areas nationwide.

Future BRIA homeowners are primed to enjoy convenience and access to essential destinations such as schools, hospitals, malls, groceries, banks, and pharmacies. As for mobility, BRIA communities are located close to major road networks and highways.

Amenities-wise, BRIA developments feature jogging paths and wide-open green spaces, while recreational facilities like basketball courts and multi-purpose halls spur residents to pursue friendly community ties. Security within the property is ensured with 24-hour CCTV coverage, guarded entrances and exits, perimeter fences, and solar lighting at night.

Because BRIA aims to provide the best quality of life for Filipinos, communities boast Internet-ready homes and digital access to an efficient property management team. BRIA also offers digital services such as cashless transactions via e-wallets and online payments through partner banks.

Bria Homes is a subsidiary of Golden MV Holdings, Inc., one of the top real estate companies in the country under the Villar Group