Socialized housing price cap IRR issued - News Summed Up

Socialized housing price cap IRR issued


Socialized housing price cap IRR issuedIn a press statement, the DHSUD said the IRR for Joint Memorandum Circular (JMC) 2025-001 was signed by DHSUD Secretary Jose Ramon Aliling and DEPDev Secretary Arsenio Balisacan on Monday. MANILA, Philippines — The Department of Human Settlements and Urban Development (DHSUD) and the Department of Economy, Planning and Development (DEPDev) have issued the Implementing Rules and Regulations (IRR) for the recalibrated price ceiling of socialized housing units. Issued last Dec. 1, the JMC sets the guidelines for updating the price ceiling for socialized housing, both for house and lot packages and condominiums. Under the IRR, the maximum selling price is set at P950,000 for socialized subdivision or horizontal housing projects and up to P1.8 million for socialized condominium or vertical developments. The DHSUD said the revised price ceiling considers the rising construction and development costs and ensures sustained private sector participation in socialized housing.


Source: Philippine Star December 24, 2025 16:18 UTC



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