BF Homes
| BF Homes Parañaque | |
|---|---|
| Subdivision/Barangay | |
| Country |
 Philippines
|
| Region | Metro Manila |
| City | Parañaque |
| Population (2010 Census) | |
| • Total | 83, 462 |
BF Homes Parañaque Subdivision, formerly known as Las Piñas-Parañaque BF Homes, is a subdivision in the Philippines encompassing the cities of Parañaque, Las Piñas, and Muntinlupa, and also refers to a barangay in Parañaque. It was developed by Banco Filipino owner Tomas Aguirre in 1968 as part of the BF Homes project, alongside its sister branches in Quezon City, Caloocan, and Naga, becoming fully operational by early 1970. Philippine media refer to it as "the biggest subdivision in Asia".
In 1964, Tomas Aguirre, whose family is of the Agencia de Empeños de Aguirre pawnshop fame, founded Banco Filipino with the aid of money from the family business. By around 1966, BF had become the premiere bank in the Philippines. Aguirre, figured that with such earnings, it was time to venture into the next phase and to consider land development. With that, he put up the BF Homes Incorporated (BFHI) arm to further realize his goal.
Prior to the formation of Ayala Alabang in Muntinlupa, Aguirre already envisioned that a suburban community south of Manila would be ideal, as well as conducive for potential residents that wanted to stay far away from the busy streets of Manila, Makati, and Quezon City, yet hoped to stay close to their work and education, minus the large population. His fortunes from the family business were able to help him invest in 765-hectares of agricultural land, mostly from the area of Barrio San Dionisio in Parañaque, as well as that from neighboring Las Piñas and Muntinlupa (all three cities then considered a municipalities of Rizal until 1975, when they became incorporated into Metro Manila), and formed what became known as the southern branch of BF Homes. The Las Piñas portion was labeled as "Las Piñas BF Homes," while the Parañaque and Muntinlupa portions made up what was labelled as "Parañaque BF Homes." (Simultaneously, Aguirre started work on sister subdivisions—BF Almanza, BF Resort, and Pilar Village—which are all located at Las Piñas.) Property started to go up on sale as soon as it opened in 1968; and by December of the following year, the subdivision had its first annual homeowners meeting at the clubhouse located in 37 Pilar Banzon Street.
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