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Manila Bulletin devider Business devider The Stock Market devider CPG's affordable housing business drives 14% profit jump to ₱1.2 billion

CPG's affordable housing business drives 14% profit jump to ₱1.2 billion

Published Aug 11, 2025 12:49 pm  |  Updated Aug 11, 2025 01:57 pm
Antonio-led Century Properties Group Inc. (CPG) reported a 14 percent growth in net income to ₱1.22 billion in the first half of 2025 from ₱1.07 billion in the same period last year on the strength of its affordable housing business.
In a disclosure to the Philippine Stock Exchange, the firm said its consolidated revenues improved by even percent to ₱7.64 billion compared to ₱7.16 billion in the comparative period last year.
CPG’s First-Home Residential Developments (PHirst) segment remains the primary revenue growth driver, contributing ₱5.23 billion, representing 68 percent of total revenues.
The Premium Residential Developments segment accounted for 21 percent with a contribution of ₱1.61 billion, while the Commercial Leasing and Property Management segments contributed seven percent or ₱535 million and three percent or ₱264 million, respectively.
“Our strong performance in the first half of 2025 reflects the continued trust of our customers and the resilience of our diversified portfolio,” said CPG President and CEO Marco R. Antonio.
He added that, “As we move forward, we remain focused on expanding strategically into high-potential markets through both our affordable and premium residential offerings.”
As part of its strategic diversification efforts, the company is set to expand its Premium Residential Developments portfolio with the planned launch of two new horizontal projects.
The first will be in Pampanga, while the next is in Cavite. Both developments are scheduled for formal launch in 2026.
PHirst, on the other hand, is on track with its planned launches of six to eight new projects in 2025, including its first development in Mindanao, slated for launch in the third quarter of 2025.
“As we move forward, CPG remains focused on diversifying its revenue streams within the affordable and premium residential segments supported by commercial leasing and property management, while strategically expanding its market presence across key growth corridors nationwide,” said Antonio.
He noted that, “These initiatives are aligned with our long-term vision of delivering enduring value to our stakeholders and meeting the evolving needs of Filipino families across the country.”
For 2025, CPG’s capital expenditure (capex) is set at ₱12 billion, comprising up to ₱10 billion for PHirst and up to ₱2 billion for Century’s premium line, positioning the company for future growth.

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Century Properties Group Inc. Marco R. Antonio
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