Profile
Century Properties, Inc. has almost three decades of experience in developing property, as well as in marketing and managing real estate. Currently, the company is managing 50 buildings in the metro, including well-known institutions such as the Asian Development Bank complex in Ortigas Center and Makati Medical Center. On the development side, Century Properties pioneered the concept of fully-fitted and fully-furnished (FF/FF) units, making this a standard industry practice.
In 2012, the company made P21.4 billion in pre-sales, exceeding its target of P20 billion and marking a 16.6 percent increase from P18.4 billion from 2011. Century Properties is scheduled to complete and turn over several projects in 2013, including Gramercy Residences and the Knightsbridge Residences , which have over 1,400 units and 1,300 units, respectively. The first three towers of the 7-tower Azure Urban Resort Residences in the Bicutan/Parañaque area will also be finished, with a total of 1,889 units of ready for occupancy this year.
Century Properties reported revenues of P7.2 billion in 2012--more than doubling its 2011 revenues of P3.5 billion--because of robust sales for its real estate developments. By the end of 2012, the company completed work on 21 condominium towers (5,560 units) with a total gross floor area of 669,857 sq m.