Philippines' first $1 billion startup hopes to inspire entrepreneurs

Cathy Yang and Jessica Fenol, ABS-CBN News

Posted at Nov 14 2017 09:43 AM | Updated as of Nov 15 2017 02:22 PM

MANILA - The founder of the Philippines first "unicorn" or $1 billion startup said he hoped his success would inspire more Filipino entrepreneurs to think out of the box.

Revolution Precrafted, builder of designer modular homes, is led by Jose Roberto Antonio, one of the heirs of luxury developer Century Properties Group.

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“I hope that inspires Filipino entrepreneurs, brilliant minds out there. Hopefully in our own little way, the company inspires some people going forward,” Antonio told ANC on the sidelines of the ASEAN Business & Investment Summit.

Antonio said he had to be "flexible" with pricing in Southeast Asia to lure more buyers.

“The house is still the biggest purchase of a human being, our business plan is to really establish formidable joint ventures with local business people, developers to streamline business further,” he added.

At Revolution, homes can be built from 3 months to 2 years using advanced robotics, he said.