Business World

Megawide’s PH1 breaks ground for 330-unit housing project in Cavite

- Revin Mikhael D. Ochave

MEGAWIDE Constructi­on Corp.’s real estate subsidiary, PH1 World Developers, broke ground for a new housing project in Cavite on Saturday, signaling an expansion in its real estate ventures.

The Trece Martires project, covering a fivehectar­e area, aims to offer about 330 units valued at P1.8 billion, with potential plans for expansion to 30 hectares, according to PH1’s Landscapes General Manager Eric Gregor G. Tan.

Following the launch of the Northscape­s project in San Jose Del Monte, Bulacan, where nearly 80% of units sold in 2023, PH1 continues to focus on horizontal developmen­ts, targeting young profession­als and families, he also said.

“We aim to set the bar high in terms of innovation in horizontal developmen­ts.”

Prices for units in the Trece Martires developmen­t range from P3 million to P8 million, Mr. Tan added.

The project incorporat­es sustainabi­lity features such as solar panels, tinted windows, and insulated walls, along with amenities like a clubhouse, solar-powered streetligh­ts, e-shuttle services, and undergroun­d utilities.

PH1 President Gigi G. Alcantara said that Megawide will be undertakin­g the design and constructi­on for the Trece Martires project.

“Through our parent company’s innovative technologi­es, we herald developmen­ts that provide a wide range of extras: extra space, extra convenienc­e, and extra value,” Ms. Alcantara said.

Looking forward, Ms. Alcantara shared plans for expansion in Visayas, specifical­ly in Cebu and Iloilo, and emphasized Luzon expansion in Bulacan, Cavite, and potentiall­y Batangas. —

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