Century Properties raises ₱3B for land and residential projects via PDEx notes

Proceeds to support land banking and housing development across Calabarzon, Central Luzon, Panay, and Davao.

Century Properties Group has raised ₱3.0 billion through five-year fixed-rate corporate notes listed on the Philippine Dealing & Exchange Corporation (PDEx), sold to qualified institutional investors. The proceeds will support land banking across Calabarzon, Central Luzon, Panay, and Davao, along with the construction of pre-sold residential units under its First-Home segment.

The company positions the issuance as part of a broader strategy to strengthen funding flexibility and diversify financing sources, allowing it to access capital markets ahead of funding needs while managing execution timelines more efficiently.

The approach points to a familiar pattern in property development, where capital is secured early to lock in land in growth corridors and steadily build housing pipelines while demand for residential units remains steady.

Funding access now plays a big role in how fast housing gets built and where projects are concentrated, with large developers able to scale more quickly through institutional capital while buyers continue dealing with property prices and financing conditions that do not always keep up.

Century Properties said the structure supports disciplined balance sheet management and long-term planning, anchored on sustained housing demand.

The PDEx listing adds to ongoing corporate activity in the domestic capital markets as property firms continue tapping institutional funding for expansion. China Bank Capital served as sole arranger and bookrunner.

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