Century Properties posts 14% higher earnings

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April 16, 2026 | 12:00am

MANILA, Philippines — Century Properties Group Inc. (CPG) of the Antonio family saw its profit jump by 14 percent to P2.77 billion in 2025 from P2.44 billion the previous year on the back of steady demand across its residential developments.

CPG’s revenues expanded by 12 percent year-on-year to P16.4 billion, driven by consistent construction progress, stable buyer demand and the expansion of its project portfolio.

The company said the first-home residential developments (PHirst) segment continued to be its major revenue driver, generating P12.3 billion or 75 percent of total revenues for the year, while premium residential developments accounted for P2.6 billion.

“We are pleased to deliver another year of strong financial performance. Our results reflect the strength of our diversified portfolio, the buoyancy of the Philippine housing market, and our focus on operational excellence,” CPG president and CEO Jose Marco Antonio said.

The company said it remains committed to accelerating its growth through a dual-brand strategy across key provincial corridors.

Under its premium segment, the company launched Cerulean Residences, a 25-hectare master-planned development in General Trias, Cavite.

The project marks a strategic expansion into high-growth suburban markets.

Meanwhile, PHirst unveiled PHirst Impressions Gen Tri, a 23.8-hectare development featuring over 1,500 homes with upgraded designs, larger lot cuts and expanded community amenities.

PHirst also recently entered Mindanao with the launch of PHirst Park Homes Gen San, signaling its sustained geographic expansion.

“In an increasingly dynamic environment, we are taking a measured and deliberate approach to long-term progress. With a clear strategy and prudent risk management, we are well-positioned to pursue sustainable growth and create long-term value for our shareholders,” Antonio said.

CPG is likewise embarking on a corporate restructuring initiative to enhance resource allocations and operational synergies.

The company intends to merge Phirst Park Homes Inc. with CPG, with CPG as the surviving entity.

It will also be merging Century Limitless Corp. with Century Communities Corp., with Century Limitless as the surviving entity.

CPG’s PHirst brand focuses on the affordable market, while Century Limitless scales the company’s premium portfolio in strategic locations.

The merger plans will be submitted for approval by the stockholders during CPG’s upcoming annual stockholders’ meeting.