Haus Talk targets ₱2-billion funding to expand housing in Rizal, Laguna
Niche residential developer Haus Talk Inc. plans to raise as much as ₱2 billion through its debut bond offering to finance land acquisitions and accelerate the construction of housing projects.
In a disclosure to the Philippine Stock Exchange, Haus Talk said the company will offer ₱1 billion in fixed-rate bonds with an oversubscription option for another ₱1 billion.
The issuance is structured in two tranches: a three-year series carrying a coupon rate of 7.7368 percent and a five-year series yielding 8.0963 percent.
Philippine Rating Services Corp. assigned the bonds an initial investment-grade rating of PRS A with a stable outlook. PhilRatings defines this grade as having favorable investment attributes and being of upper-medium quality.
While such obligations are more susceptible to shifting economic conditions than higher-rated debt, the credit watcher noted that the issuer’s capacity to meet financial commitments remains strong. The stable outlook suggests the rating will likely remain unchanged over the next year.
The rating reflects Haus Talk’s growth potential within underserved housing segments in and around Metro Manila.
PhilRatings cited the developer’s ability to quickly sell out its inventory, though it noted the company’s scale and geographic reach remain modest compared with the country’s larger real estate conglomerates.
While the target market for affordable housing may be more sensitive to economic volatility, the developer maintained robust collection rates and revenue growth during the pandemic.
Haus Talk focuses on the socialized, economic, and middle-market residential sectors. Its portfolio includes a mix of horizontal and vertical projects across Rizal, Laguna, and Metro Manila.
The company has completed 14 developments to date, with 11 finished prior to the pandemic. All but one of those completed projects are fully sold, while ongoing developments continue to see strong demand.
The developer typically prioritizes the acquisition of land that is ready for immediate development.
Most of its 67-hectare land bank is already earmarked for specific projects. In June 2025, the company finalized the purchase of 14 hectares of land in Antipolo, Rizal, formerly owned by National Steel Corp.
Haus Talk intends to transform that site into a residential subdivision featuring a supporting retail hub.