Century Properties Group is a Philippine real estate developer that specializes in residential, office, and commercial property development, marketing, and property management services. The company started operations in 1986 and was listed on the Philippine Stock Exchange (PSE: CPG) in 2012.
Core Mandate
Century Properties Group operates as a full-service real estate development company with the following core functions:
- Development of residential condominiums, townhouses, and horizontal housing communities
- Commercial and office space development
- Property management services through Century Properties Management Inc. (CPMI)
- Medical facility development (Centuria Medical Makati)
- Hospitality ventures (Novotel Suites Manila at Acqua)
Key Services
Century Properties offers a diverse range of real estate products and services:
- Premium Vertical Developments: High-rise condominiums in Metro Manila including Century Spire (Armani/Casa-designed), Gramercy Residences, and Trump Tower Philippines
- Resort-Style Residences: Azure Urban Resort Residences (Parañaque) and Azure North (Pampanga)
- First-Home Housing (PHirst Park Homes): Affordable horizontal housing developments through its subsidiary PHirst Park Homes, Inc., a joint venture with Mitsubishi Corporation
- Property Management: Comprehensive building management for residential and commercial properties
- Commercial Leasing: Office spaces including Century Diamond Tower and Asian Century Center BGC
OFW Investment Research
Century Properties actively researches Overseas Filipino Worker investment patterns and remittance-to-real-estate conversion. The company recognizes that OFWs are transitioning from simple remittances to strategic property investments as wealth-building vehicles.
Key insights from their research include:
- Real estate appreciates over time, unlike depreciating assets such as vehicles
- OFW investors should identify goals: rental income, long-term growth, or retirement homes
- Emerging markets such as San Fernando, Pampanga and General Trias, Cavite show strong growth potential
- Property management services help OFWs maintain properties while working abroad
The company sponsors The Filipino Channel (TFC) events abroad to connect with OFWs seeking to invest in Philippine real estate.
Jurisdiction
Century Properties Group operates primarily in the Philippines with the following geographic footprint:
- Metro Manila: Makati City, Mandaluyong City, Parañaque City, Quezon City, Taguig (BGC)
- Central Luzon: Pampanga (San Fernando, Magalang)
- CALABARZON: Cavite (Tanza, General Trias, Naic), Laguna (San Pablo, Calamba), Batangas (Lipa, Nasugbu/Batulao)
- Bulacan: Pandi, Baliwag
- Visayas and Mindanao: Expanding footprint including General Santos City
Related Terms
- Real Estate Development
- OFW Remittances
- Property Management
- Pre-selling
- Condominium Certificate of Title
Official Resources
- Official Website: www.century-properties.com
- PHirst Park Homes: www.phirstparkhomes.com
- PSE Stock Symbol: CPG
References
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