MANILA, Dec. 1 -- The Department of Human Settlements and Urban Development (DHSUD) and the Department of Economy, Planning and Development (DepDev) have approved an updated price ceiling for socialized housing units, covering both house-and-lot packages and condominium developments.

The adjustment was formalized through Joint Memorandum Circular (JMC) 2025-001, which DHSUD Secretary Jose Ramon Aliling described as a significant support mechanism for the nationwide implementation of President Ferdinand R. Marcos Jr.'s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program.

The circular set the maximum selling price for a socialized house and lot package to PHP950,000 and condominium units to PHP1.8 million.

It has also set a bigger...