C03390-2018

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
May 15, 2018
2. SEC Identification Number
60566
3. BIR Tax Identification No.
004-504-281-000
4. Exact name of issuer as specified in its charter
CENTURY PROPERTIES GROUP INC.
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
21st Floor, Pacific Star Building, Sen. Gil Puyat Avenue corner Makati Avenue, Makati City Postal Code 1200
8. Issuer's telephone number, including area code
(632) 793-8905
9. Former name or former address, if changed since last report
n/a
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common 11,599,600,690
11. Indicate the item numbers reported herein
Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Century Properties Group, Inc.CPG

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Century Properties eyes P13B from Batulao Artscapes Phase 2

Background/Description of the Disclosure

Century Properties eyes P13B from Batulao Artscapes Phase 2

[May 2018] Century Properties Group, through its leisure, tourism and hospitality business unit, is expecting some P13 billion in presales proceeds as it pushes through with the second phase of its Batulao Artscapes development in Nasugbu Batangas that it envisions as “The World’s First Livable Art Park.”

“We are very excited to offer approximately 1,700 residential units, as part of the next phase of presale for Batulao Artscapes. This inventory represents the biggest bulk of the project and we expect the sales to be brisk due to the overwhelming demand for the project,” says Tim Hallett, President of Century Properties Leisure and Hospitality Inc. (CPLHI).

“We will start the presale for the second phase in a few weeks,” Hallett confirmed.

Launched in December 2017, Batulao Artscapes is located within an expansive 142-hectare artventure community that boasts designer homes and world class amenities. It has four villages: Cluster, Commune, Collection and Curated. The project is primarily positioned for active retirees and established families looking for design-driven homes outside Metro Manila.

Of the first 306 homes from the various collections that it offered to the market, Century has presold 74 percent with a sales value of Php 1.2 billion within six months of launch.

“We are really encouraged by the great market response,” Hallett added.

Filipino names lead the roster for Batulao Artscapes’ first three villages: Architect Ed Calma’s Polygonal Successions for the Cluster Village, designer Kenneth Cobonpue’s Hedera Homes for the Commune Village, and Budji+Royal Architecture+Design of Budji Layug and Royal Pineda for the Collection Village featuring their Tranche and Facet Homes.

The fourth section, called the Curated Village, feature one-of-a-kind homes by international architects and designers. The first Curated Village within Batulao Artscapes features David Salle + AA Studio’s “Billboard Home”, Marcel Wanders’ “Eden”, Marmol Radziner & Kravitz Design’s “Instrumental Home”, Philip Johnson Alan Ritchie Architects’ “Modular Glass House”, Elizabeth de Portzamparc’s “Butterfly Home”, AFGH for Wallpaper’s “We Home”, Studio Libeskind

Design’s “Adaptation II”, Daphne Guinness’ “Daphne Skin Home”, Pelli Clarke Pelli’s “Cabin/Stack/Prefab, and PMR+Metro’s “Modular Living”.

Century is also incorporating lifestyle investment properties into the Batulao project by means of a 500-room art-inspired condominium inside the 2.5-hectare Batulao Artscapes Art Park. The condominium will feature the designs of select artists in the building’s façade and exterior walls.

The company is also building some 30 art-inspired resort villas to complement the art condominium, Hallett added. “We are making sure that the Batulao Art Park will reflect the original vision of creating an artventure community built on the foundation of good design, art and architecture.”

Century is the developer of Batulao Artscapes. It has partnered with Revolution Precrafted for the supply of the homes and retail structures in the project. Revolution Precrafted is a global manufacturer of design-driven, limited edition, homes, pavilions, furniture, retail spaces and soon, office blocks. Batulao Artscapes is expecting project completion in 2021.

Other Relevant Information

Please see attached

Filed on behalf by:
Name Isabelita Sales
Designation Chief Information and Compliance Officer