Government raises price ceiling for bigger better socialized homes
By Trixee Rosel
At A Glance
- DHSUD and DEPDEV approve higher price ceilings for socialized housing.
- JMC 2025-001 crafted through extensive consultations and deliberations.
- New limits apply to house-and-lot packages and condominium units.
DHSUD Secretary Jose Ramon Aliling and DEPDEV Secretary Arsenio Balisacan, joined by officials from both agencies, discuss the updated price ceiling for socialized housing during an inter-agency meeting aimed at strengthening the government’s housing initiatives.
The Department of Human Settlements and Urban Development (DHSUD) and the Department of Economy, Planning and Development (DEPDEV) approved higher price ceilings for socialized housing projects to enable larger and higher-quality homes nationwide.
DHSUD Secretary Jose Ramon Aliling described the Joint Memorandum Circular (JMC) 2025-001 as the outcome of extensive consultations and careful deliberations between DHSUD and DEPDEV officials.
He said the measure benefits both homebuyers and private developers of socialized housing, creating a win-win situation for all stakeholders.
Aliling noted that the updated price ceiling will encourage the development of larger and higher-quality housing units while maintaining competitive prices, offering more choices for families.
The new price limits cover house-and-lot packages as well as condominium units.
The update complies with Republic Act 11201, which authorizes DHSUD and DEPDEV to review and revise the maximum selling price periodically to reflect prevailing economic conditions.
Aliling emphasized that the measure is “in line with President Marcos Jr.’s directive to provide decent and dignified housing.”