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Richmond Mercurio - The Philippine Star
June 13, 2026 | 12:00am
MANILA, Philippines — Empire East Land Holdings Inc., a listed property company chaired by tycoon Andrew Tan, has expressed optimism on sustaining project delivery amid global uncertainties that may continue to create short-term volatility.
“Rising construction costs continue to be one of the key challenges across the industry and global developments inevitably influence the operating environment,” Empire East president and CEO Anthony Charlemagne Yu said.
The company, however, said the impact of global developments, including geopolitical tensions, has remained manageable due to disciplined planning and strong operational fundamentals.
It said that, despite external pressures, the firm’s exposure to cost volatility has been contained through a structured, disciplined approach to project planning and execution.
Further, Empire East said its long-standing relationships with contractors and suppliers have played a critical role in maintaining continuity in construction activity while helping mitigate sudden fluctuations in material and logistics costs.
“We continue to manage costs through careful planning, strategic procurement and close coordination with our contractors and suppliers,” the company said.
“Our long-standing relationships within the supply chain allow us to negotiate more effectively, maintain continuity in project execution and mitigate exposure to sudden fluctuations,” it said.
According to Empire East, its project pipeline is designed with a long-term view that allows developments to be phased in a manner that supports prudent scheduling without compromising construction quality or delivery commitments.
The company likewise continues to implement operational efficiency measures and value engineering initiatives across its development, such as optimizing design approaches, improving construction workflows, and maximizing resource utilization while preserving project quality.
With affordability remaining central to its mid-income market positioning, Empire East said it continues to balance rising input costs with the need to keep housing products accessible to homebuyers.
While acknowledging that global uncertainties may continue to create short-term volatility, the company is confident that disciplined execution, prudent financial management and strong supplier partnerships will allow it to sustain project delivery and long-term value creation.
A subsidiary of property giant Megaworld Corp. and a member of the Alliance Global Group, Empire East is a property developer of residential communities across Metro Manila and nearby growth centers that serve the evolving needs of the mid-income market.

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