Developer offers shelter goal aid
For the country’s backlogs to ease slowly, the government would need to produce at least 1 million units
Daily TribuneFor the country’s backlogs to ease slowly, the government would need to produce at least 1 million units
PA Properties with its extensive experience in low-cost housing commits to contribute in the government’s effort to meet the housing backlog. | Photograph courtesy of PA Properties
Laguna-based developer P.A. Alvarez Properties and Development Corp. has backed government efforts to curb the country's housing backlog that is now at 6.5 million units.
Recently, the Department of Human Settlements and Urban Development reported that the shortfall could reach the 10-million mark by the end of President Ferdinand Marcos Jr.'s term if not addressed properly.
For the country's backlogs to ease slowly, the government would need to produce at least 1 million units.
The current program budget only supports about 17 percent of the country's housing output.
P.A. Properties said it can contribute to solving the housing gap through its experience in the development of over 180 hectares of land.
It had also built more than 20,000 housing and condominium units in over 40 communities in Laguna, Batangas, Cavite, Bulacan, Pampanga and Metro Manila.
Japanese partnership
As the company also partnered with Japanese property developer Hankyu Hanshin Properties Corporation in 2017.
Since then, P.A. Properties and HHPC have launched five joint venture companies and developed Idesia, which are a series of township projects located in Dasmariñas, Cavite; Lipa, Batangas; Cabuyao, Laguna and San Jose del Monte, Bulacan.
The homes in these communities have proved to be not only affordable for average-earning Filipino families, but also reliable as they can withstand extreme weather conditions in the Philippines.
To provide fast and hassle-free housing, P.A. Properties has adapted tech-forward mechanisms such as its fast and efficient construction technology, which makes it possible to construct single storey units in 45 days and two-story units in 60 days.
It has also espoused customer-friendly innovations such as the "Home Info Plus" mobile app where home buyers can check their account information from reservation to moving in.
