The Department of Human Settlements and Urban Development (DHSUD) and the Department of Economy, Planning, and Development (DEPDev) have issued Joint Memorandum Circular (JMC) No. 2025-001, revising the maximum selling price for socialized housing projects. This is in response to the prevailing market conditions. The updated price ceilings apply to both subdivision and condominium developments, and are mandatory for all developers and stakeholders.
The revised price ceiling only applies to new applications for a License to Sell (LTS) received on or after the Circular’s effectivity date. Under RA No. 11201, the ceiling may be revised at any time, but not more than once every two years.
For socialized subdivision projects, units measuring 24 to 26 square meters are capped at PHP 844,440, while units measuring 27 square meters and above are capped at PHP 950,000. Lofts and mezzanines are excluded from the floor area computation. Furthermore, selling price of lots-only properties must not exceed 40% of the total house-and-lot selling price. For socialized condominium projects, ceilings vary by building height and unit size. Walk-up buildings (three to five floors) are capped at PHP 1.28 million for 24 to 26 square meters and PHP 1.5 million for 27 square meters above, while buildings exceeding five floors are capped at PHP 1.6 million for 24 to 26 square meters and PHP 1.8 million for 27 square meters and above. Socialized condominium projects in the National Capital Region (NCR) and other highly urbanized cities may add up to PHP200,000 to the ceiling, depending on the zonal value of the land.