His maternal grandfather, Armando Goyena (real name: José Revilla), was an actor as was his younger brother, Miko Palanca.
Among his aunts are former actress/Camay model/jewelry designer Maritess Revilla-Araneta, Cita Revilla-Yabut who was also a Camay model, as well as actress and TV host Tina Revilla-Valencia.
[2] A member of ABS-CBN's Star Magic stable, Palanca was part of "The Hunks" together with Piolo Pascual, Jericho Rosales, Diether Ocampo, and Carlos Agassi and the defunct band Bizkit Factory that was featured in the movie Kahit Isang Saglit.
He decided to fuse on GMA Network and became one of the cast of primetime series Gagambino where he worked with Dennis Trillo, Katrina Halili and Ryza Cenon.
After Gagambino, Palanca appeared again in the afternoon hit drama series co-starred with Heart Evangelista and JC de Vera in the remake of Ngayon at Kailanman, aired on GMA Network.
He was a regular cast member on GMA's fantasy series called Panday Kids but the management allowed him to have some roles on their rival station ABS-CBN's program Rosalka top-billed by Empress Schuck as well.
He did a 2-episode arc titled Positive as Greg in the GMA drama anthology, Tadhana, during 2019 before playing Gary Salvacion on ABS-CBN's fantasy-sci-fi-horror-drama miniserye, Parasite Island.