An impressive turnout for a resilient property sector
PropertyGuru Group honored the Philippines’ top real estate achievements at the 12th PropertyGuru Philippines Property Awards held in Shangri-La The Fort, Manila on Sept. 6.
Developers congregated to find out the winners in over 80 award categories, covering diverse segments of the property market, from residences to offices.
“This year, [we] saw a remarkable level of participation from developers across the Philippines, underlining their pursuit of excellence, independent validation and market differentiation,” noted Cyndy Tan-Jarabata of TAJARA Leisure & Hospitality Group Inc. and the chairperson of the judging panel.
“[It] highlights the drive of Filipino developers to set new benchmarks for quality in one of Southeast Asia’s most rapidly expanding economies,” Tan-Jarabata said.
Three-peat
Robinsons Land won the Best Developer award for the third consecutive year and received the title of Best Developer (Luzon). Its subsidiaries received seven other notable awards.
Megaworld Corp. brought home the most awards that night—coincidentally, 35 awards on the company’s 35th year in the industry. The property giant—which held the record of being the first company to achieve a three-peat win and the first to be in the Hall of Fame—was the Best Developer (Visayas), while subsidiary Global-Estate Resorts Inc. was the Best Lifestyle Developer.
Megaworld likewise won the Sustainable Design Award and Energy Efficiency Award in the inaugural ESG Developer Awards.
Under the same set of citations, Alveo Land meanwhile earned the first ever Social Impact Award while PrimaryHomes Inc. garnered the new Sustainable Construction Award.
More notable accolades
Federal Land Inc. won the Best Luxury Developer title, among other notable accolades. Federal Land NRE Global Inc. was also recognized as Best Breakthrough Developer.
A joint venture between SM Development Corp. (SMDC) and Federal Land, The Estate Makati, received the Best Condo Development (Philippines) and Best Ultra Luxury Condo Development (Metro Manila) awards. SMDC also won in the residential and office sectors.
Property giant Ayala Land Inc. scored Best Sustainable Developer award, among other honors. Cebu Landmasters Inc. captured the Best Developer (Mindanao) award, as well as wins for its projects in Visayas. Also triumphant in various categories were Torre Lorenzo Development Corp., PH1 World Developers, Anchor Land Holdings Inc. and Aboitiz InfraCapital Economic Estates.
Other winning projects came from Keyland Corp., I-Land Inc., Alsons Development and Investment Corp., and D.M. Wenceslao and Associates Inc.
First-timers made it to the mix: Brittany Hotels, Hausland Development Corp., Landco Pacific Corp., Science Park of the Philippines Inc., Primehomes Real Estate Development Inc., Bluerise Holdings Ent. Corp. and Fiesta Communities Inc.
Manuel V. Pangilinan of Metro Pacific Investments Corp. received the Philippines Real Estate Personality of the Year award, whereas Mariana Beatriz Zobel de Ayala of Ayala Land was named this year’s Rising Star.
Impressive year
“We applaud the award winning developers in another impressive year for the Philippines’ real estate market,” said Jules Kay, general manager of PropertyGuru Asia Property Awards and Events.
The PropertyGuru Philippines Property Awards is part of the regional PropertyGuru Asia Property Awards series. Thus, Philippine winners earned the right to join the 19th PropertyGuru Asia Property Awards Grand Final and wrestle for the “Best in Asia” honors. Winners there will be announced on Dec. 13 in Bangkok, Thailand.
“The entries truly kept pace with the fast growth of the Philippine economy…,” said Kay. “The Philippines’ most vibrant cities continue to progress with more live-work-play communities, luxurious residential enclaves, and smart suburban developments.”
