8990

8990 Holdings, Inc. (PSE: HOUSE) is the Philippines' largest mass housing developer, operating primarily through its flagship brand Deca Homes. Incorporated in 2005 as IP Converge Data Center, an IT and telecommunications services provider, the company pivoted to real estate and mass housing development, building its first Deca Homes project in 2003 under predecessor entities. 8990 has since developed over 58 residential projects across Luzon, Visayas, and Mindanao, constructing more than 35,000 affordable housing units priced between PHP 450,000 and PHP 1.25 million per unit. Its product portfolio spans horizontal subdivisions (Deca Homes), medium-rise buildings (Urban Deca Homes), high-rise condominiums (Urban Deca Towers), and resort residences. The company's innovative in-house financing program (CTS-Gold) and precast construction technology have enabled it to serve working-class Filipino families who are largely excluded from traditional bank financing.