Affordable condo.

Unit awardees of the 20-story Pedro Gil Residences in Manila will become full homeowners, not mere ‘assignees’ like in the previous administration. This is the goal of Manila Mayor Honey Lacuna, who launched the city’s first rent-to-own low-cost condo for the poor, costing only P2,000 to P3,000 monthly, with the clear end goal of unit ownership.