As a subdivision, the local term for a gated community, its territory includes portions of neighboring cities, Las Piñas and Muntinlupa.

[2][3] The development was part of the BF Homes project, alongside its sister branches in Quezon City, Caloocan, and Naga, and became fully operational by early 1970.

His fortunes from the family business were able to help him invest in 765 hectares (1,890 acres) 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 were then municipalities part of the province Rizal until 1975, when they became incorporated into Metro Manila), and formed what became known as the southern branch of BF Homes.

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.

It was the first gated community of its kind to have its own convenience store, movie theater, bowling alley, as well as a few commercial complexes; all unheard of at that time.

Despite its initial success and adequate security, the quality of the subdivision began to decline at the turn of the late 1970s when informal settlers residing along the nearby Manila Memorial Park – Sucat branch gradually swarmed past its walls.

Sometime in 1985, Tomas Aguirre fell out of favor with the Marcos government, and Banco Filipino ceased operations, citing insolvency, causing BFHI to suffer as a result.

The municipal government pledged to improve public safety in the aftermath of a 2006 carjacking attempt which left a nursing student dead.