Haus Talk, Inc. announced that at its board meeting held on March 28, 2022, the board approved the acquisition of a 12-hectare property in Bayabas Road, San Antonio, Biñan, Laguna at PHP 6,000.00 per square meter, or equivalent to a total amount of PHP 720,000,000.00. This Binan property will be developed into economic residential housing units which are expected to generate revenues of about PHP 3,400,000,000.00. The implementation of the purchase shall be made after the completion of a thirty-day due diligence on the property which shall start in April 2022.

The Corporation intends to commence development by the third quarter of 2022 and start revenue generation within the year.