^

Business

Century Properties, Megawide join forces for low-cost housing

Iris Gonzales - The Philippine Star

MANILA, Philippines — The Antonio Group’s Century Properties has partnered with Megawide Construction Corp., the listed engineering and construction company, for the expansion of its row housing business.

Megawide, through its precast unit, secured three new contracts with Century Properties’ PHirst Park Homes Inc. (PPHI) for the construction of over 4,700 row housing units in San Pablo and Calamba, Laguna and Pandi in Bulacan.

Megawide EVP for Business Units Markus Hennig said utilizing precast for the partnership with PHirst Park raises the bar on residential development.

“Megawide Precast delivers higher standardization and stability compared with conventional construction methodology and traditional concrete. It is highly customizable to the structural specification of clients and reduces construction timelines,” he said.

Megawide’s proprietary precast system eliminates the use of traditional building processes and materials.

The technology allows for better interior flexibility with additional space and offers greater value and satisfaction to homeowners.

PPHI president Ricky Celis said this is consistent with the company’s goal of providing quality yet affordable housing to first-time homeowners.

“Megawide has been our partner since 2018 and we look forward to more homes engineered with innovation because it adds value to what we both continue to uphold,” Celis said.

Megawide Precast continues to supply and install precast units to almost 4,700 PHirst Park Homes in Tanza, Cavite and Lipa, Batangas.

With these new contracts, Megawide aims to help build more than 9,400 housing units in these five locations starting this September.

Megawide sees precast as the engineering standard for the new normal since materials are prepared, cast, and cured off-site.

Megawide’s Hennig said precast houses require less manpower on site and faster construction times, enabling clients and contractors to meet the stringent health and safety protocols mandated by the government, particularly for social distancing.

vuukle comment

MEGAWIDE CONSTRUCTION CORP.

Philstar
x
  • Latest
  • Trending
Latest
Latest
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with