Haus Talk groundbreaks Antipolo housing project

MANILA, Philippines — Newly listed property developer Haus Talk Inc. plans to  expand in different high growth areas in the country.

The company recently broke ground on  the 5,260-square meter Celestis 1 located in  Barangay Baguyo, Antipolo City. Slated for completion in 2023,  HTI’s ongoing Antipolo developments are projected to bring into the company P500 million in total sales.

Each unit in Celestis has an approximate lot area of 70 sqm and a floor area of 61 sqm to 76  sqm in a development that is within walking distance from Assumption Antipolo, and is only  three kilometers from Robinson’s Antipolo, the Antipolo Cathedral, and the town  proper of Antipolo.

Around 100  units will be available, packaged by the company as “affordable but high-quality homes,” consistent with its value proposition since its establishment in the 1980s.

HTI director and president Maita Madlambayan said that as a family-run business, it wants to help Filipinos be able to have their own homes.

The company is also developing 50 Jocson Residences in Varsity  Hills in Loyola Heights, Quezon City–a high-end, exclusive townhome community with  eight bespoke and high-end units. HTI expects 50 Jocson to generate around  P325 million in revenue from the sale of just seven of these high-end units.

HTI is the first company to be publicly listed this year under the Philippine Stock Exchange’s small, medium, and  emerging board.

The company was established by the Madlambayan family of  Pampanga.

Going public has allowed HTI to focus on its growth  strategy, which includes further diversifying its portfolio by opening commercial spaces that are attached to their residential developments.

These commercial spaces  are targeted for services that will benefit their communities, such as laundry  and water distribution.

“With our IPO, we plan on continuing this on a much larger scale to help  more families achieve their dream of having their own home – and, hopefully, motivate  more small and medium enterprises in the Philippines to aim for their own IPO, too,” she said.

HTI made its public debut last January, raising P750 million from the offer.