Cebu City 4PH Residential Park Open House on September 14 for Aspiring Homeowners

Updated 10 Hours Ago
ByHOMESPH NEWS
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Summary

The Cebu City 4PH Residential Park opens for a nationwide open house on September 14, offering 27-sqm units at ₱1.8 million with subsidized Pag-IBIG financing.

Real Estate

PHOTO COURTESY: Pag-IBIG
PHOTO COURTESY: Pag-IBIG

CEBU — The Cebu City 4PH Residential Park in Barangay Pulangbato will open its doors to prospective homeowners on September 14, 2026, as part of the nationwide open house for Pag-IBIG-accredited Expanded 4PH projects. The event runs from 8:00 AM onwards across 14 sites in Luzon, Visayas, and Mindanao.


A Flagship Housing Initiative


The project is a cornerstone of the Marcos administration's Pambansang Pabahay para sa Pilipino program, designed to make homeownership accessible to qualified Filipino families. It represents the first 4PH development in Cebu City, addressing a housing backlog of approximately 30,000 units. The developer, DEO Homes and Property Development Inc., is constructing the community in Barangay Pulangbato.


Prospective beneficiaries can visit the site to view model units and learn about the application process. The open house provides a direct opportunity to see the actual living spaces and community layout. Priority beneficiaries include families displaced by demolitions, those living in danger zones, and overseas Filipino workers with families in Cebu City.


Unit Specifications and Financing


The project offers 27-square-meter units priced at ₱1.8 million under the 4PH standard. For a 30-year loan term, the estimated monthly payment is ₱6,713.31 with a 3-percent subsidized interest rate. The computation includes the DHSUD 2-percent interest subsidy, insurance fees, and one month of Pag-IBIG regular savings. The promo rate applies for the first 10 years and may be extended for an additional five years if eligible.


Eligible buyers must be Pag-IBIG Fund members who undergo screening by the DHSUD, Pag-IBIG, and the Cebu City government. The financing structure eliminates the need for a down payment, lowering the barrier to entry for aspiring homeowners. This inclusive approach aligns with the program's goal of providing affordable housing options for underserved sectors.


Community Amenities and Location


The development features a range of amenities designed to foster a vibrant community. Open parks, a clubhouse, playgrounds, and walking paths encourage outdoor recreation. Basketball, tennis, and pickleball courts, along with a swimming pool, provide diverse options for residents. These facilities create a safe and engaging environment for families.


The location in Pulangbato offers convenient access to essential establishments. Nearby are Pulangbato Barangay Hall, Pulangbato Elementary School, San Pedro Calungsod Parish Church, and Pulangbato Covered Court. The area also provides access to Cebu International School and Cebu North General Hospital. The Candarong-Pulangbato Road connects the community to various parts of Cebu City.


Project Timeline and Availability


As of September 10, 2026, construction is ongoing with a target completion date of December 31, 2026. A total of 355 units are available for sale. The groundbreaking ceremony was held on March 27, 2025, led by Cebu City Mayor Raymond Alvin Garcia alongside DHSUD and Pag-IBIG officials.


Interested applicants are encouraged to visit the open house on September 14 to explore the units and learn more about the application process. The event offers a chance to secure a home in one of Cebu City's most anticipated housing developments.

HOMESPH NEWS

Sep 12, 2026

HomesPH

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