CUBO – a low-cost housing design – has won first prize in the international Cities of our Future competition run by the Royal Institute of Chartered Surveyors (RICS). CUBO uses engineered bamboo for a sustainable, low cost modular housing option, with an incredibly fast build time. Earl P Forlales, the building’s designer, aims to help provide housing for Manila’s urban slum population – which is estimated to be the highest in the world. CUBO takes its inspiration from traditional bamboo huts in rural Philippines, giving it a culturally familiar feel. The design has great international potential and would work well in any country capable of growing bamboo – Australia, most of Southeast Asia, and parts of Africa and Latin America. The prize money (Equivalent $92,000 AUD) will fund the project prototype and actual units in the coming year.