HISTORY

Formed in 1995 as RFM Properties and Holdings, Incorporated (RPHI), the initial thrust of the company was to optimize the use of the land assets of food and beverage conglomerate RFM Corporation, its parent company. The strategy resulted in transforming the corporate properties to residential, commercial and industrial developments that were either sold or leased to third parties. To ensure the success of its first projects, RPHI drew on the experience of Sta. Lucia Realty and Development Corporation, a known real estate developer, and entered into joint venture agreements with the company for the development and marketing of Glenwood Park and Ridgemont South, which are both located in Calamba, Laguna. The success of these initial projects, together with the project development/management experience gained, gave RPHI the needed boost to proceed with its other projects in Calamba, namely Woodlands and Makiling Hills, which were launched in 1997.

Also in 1997, RPHI was renamed Philippine Townships, Incorporated (Philtown) to focus on industrial community developments. An offshoot of this shift in focus is the Manggahan development which is comprised of Manggahan Village in Manggahan, Pasig City , a cluster of 5 residential condominium buildings; the Manggahan Light Industrial Park , Manggahan Village Center and Manggahan Townhomes. Furthermore, with its substantial land bank in Batangas another industrial community was launched in the municipalities of Sto. Tomas and Tanauan. The Batangas development covers two industrial parks, namely Light Industry and Science Park (100 hectares) and Philtown Technology Park (70 hectares) and Plantacion del Sol subdivision (80 hectares).

As more experience was acquired and core competencies in project management and sales/marketing were developed, Philtown was emboldened to embark on high-end projects such as Tagaytay Heights and One Mckinley Place is a luxurious high-end 43-storey residential condominium located in Fort Bonifacio , which is slated for completion in 2003. With further success from these high-end projects, another luxury residential condominium called Fairways Tower was launched in 2003 for delivery in 2006. Also in 2004, we launched our latest high-rise project, The Metropolitan Tower. Unique in its class, The Metropolitan offers not only high-end residential units but each unit comes with playing rights to what will be the country's foremost sports club, the Metropolitan Athletic Club. (MAC). The Metropolitan also offers Sky Lofts, best in its class due to the units' magnificent view of Makati 's breathtaking skyline. 

With its continued success both in the horizontal and vertical real estate projects, Philtown is fast becoming the preferred developer in the Philippines, known for its marketing savvy and technical expertise. This, on top of its financial stability with a paid in capital base of P2 Billion as of 2003, makes it one of the largest real estate companies in the Philippines .

JOSE MA A. CONCEPCION III
Chairman and CEO

ELEUTERIO D. CORONEL
President and COO

RAMON E. BIENVENIDA
Senior VP for Operations

RAYMOND B. AZCARATE
Asst. Treasurer

ATTY. CHRISTINA D. REYES
Corporate Secretary

ROBERTO Y. MIRANDA
Corporate Secretary

MELANIE D. FOZ
Sales Director - Horizontal Group

FELICISIMO NACINO, JR.
LAURO B. RAMOS
FRANCISCO SEGOVIA
ERNEST FRITZ SERVER
Directors