PHirst Park Homes, Inc. signed an agreement with Megawide Construction Corp. for the use of the contractor’s precast technology to build more than 1,800 homes in Lipa, Batangas.
“PHirst Park Homes is pleased to continue its partnership with Megawide because of its experience and leadership in modern precast technology. As with our ongoing project in PHirst Park Homes Tanza where Megawide has demonstrated an exemplary performance, we are confident that it will deliver the same level of professionalism and quality to PHirst Park Homes Lipa,” Ricky M. Celis, president of PHirst Park Homes, said in a statement on Friday.
The joint venture firm of Century Properties Group, Inc. (CPG) and Mitsubishi Corp, first inked the same agreement with Megawide in 2017 for 2,830 units in PHirst Park Homes Tanza, Cavite development.
Megawide implements a precast construction system which allows faster completion, standardization, cost-effectiveness, and better quality of housing units.
“Through our precast unit, we are able to custom-build to the specifications of PHirst Park Homes and ensure higher standardization for all units from production to installation,” Edgar B. Saavedra, chairman and chief executive officer of Megawide, said in the statement.
The residential development in Lipa is currently undergoing land development, while construction of the first batch of houses will start in September 2019.
Launched in June 2018, PHirst Park Homes Lipa is a 20-hectare horizontal community in Brgy. San Lucas.
In the next five years, PHirst Park Homes will launch 15 masterplanned communities in Cavite, Laguna, Batangas, Rizal, Quezon (CALABARZON), and Central Luzon. — Vincent Mariel P. Galang