CPG to focus on affordable homes | VG Cabuag

Century Properties Group Inc. said it will focus on the affordable housing sector, while completing its remaining high-rise developments.

“New standards in living and lifestyle inclinations have developed that we wish to serve via resuming launches of our in-city products,” CPG President and CEO Jose Marco R. Antonio said in his report during the company’s annual stockholders meeting. CPG’s within the city product line or the high-rise buildings will deliver products that are the best in their class, the core developments of which will feature an integration of mid- to high-end horizontal and vertical homes, commercial spaces, and curated amenities, the company said.

Phirst Park is one of the chief beneficiaries of the proceeds of CPG’s 5-year, P3 billion bond offering earlier this year. A total of P1 billion has been earmarked for the company’s expansion.

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