When investing to a real estate property, it is always important to know about your property developer. This is to secure your investment because not all property developers have quality managements, bank connections, and corporate sustainability history and plan.
The bank connection is relatively important if you are foreigner as it is not as easy to get property loan as Filipinos (refe, therefore some developers with good connections with bank or even own a bank at the same time, will help you to rest your mind to pay the balance during project turnover.
Here are the five (5) leading real estate property developers in Philippines.
1. Ayala Land, Inc.
Have you been to Bonifacio Global City (BGC) or Makati City? Ayala Land, Inc. is responsible for master planning and developing these premier business financial districts of the country. The Ayala Land, Inc. was a former real estate division of Ayala Corporation and was incorporated with the latter on June 30, 1988 to focus on real estate planning and development. The company specializes in development of residential, commercial, and industrial lots and buildings, estates, malls, hotels, and resorts. The Ayala Property Management Corporation, which is a wholly owned subsidiary of Ayala Land, Inc., offers property management services as well.
Real estate markets like Amaia Land and Bellavita Land are presently tapped by Ayala Land, Inc. to provide more affordable yet quality standard residences for Filipino people.
Current Projects of Ayala Land, Inc. in Metro Manila:
Avida Towers Asten, Makati City
Callisto, Makati City
Kroma Tower, Makati City
Celadon Park, Santa Cruz City
Arbor Lanes, Taguig City
2. SM Group
The biggest retail shopping center developer and operator in Philippines, SM Group (also known as SMDC) , became incorporated in 1994. Currently, it has 79 malls, 72 of which are inside the country and seven in China, 66 residential projects, 11 office buildings, and 15 hotels and convention center. SM Prime Holdings, Inc. is one of the biggest mall operators in Southeast Asia with combined 9.5 million square meters of Gross Floor Area. It is also the property developer of the locally popular Hamilo Coast in Batangas and Tagaytay Highlands, a mountain resort and residential complex which is 1,300 hectare-prime property, in Tagaytay.
Current Projects of SM Prime Holdings, Inc. in Metro Manila:
Air Residences, Makati City
Fame Residences, Mandaluyong
Bloom Residences, Parañaque
Sail Residences, Pasay
Vine Residences, Pasay
3. Megaworld Corporation
Andrew Tan founded the Megaworld Corporation then, incorporated it in 1989 to focus on development, leasing, and marketing of large-scale real estate projects. The company succeeded on developing high-end residential townships like Forbes Town, McKinley Hill, McKinley West, and Eastwood City. In addition, Megaworld developed first-class homegrown hotel brands like Richmonde, Belmont, and Savoy Hotels. Megaworld gains fame today as the prime developer of Business Process Outsourcing (BPO) industry in Philippines.
Current Projects of Megaworld Corporation in Metro Manila:
Noble Place, Binondo, Manila
Vion Tower, Makati City
Bayshore Residential Resort, Parañaque City
ArcoVia Palazzo, Pasig City
Uptown Arts Residences, Taguig City
4. DCMI Homes
Just like what its unique value preposition says, “This is every dreamer’s dream”, DMCI Homes is concentrated for developing quality and budget-friendly residential spaces, mostly house and lots and condominiums. The company is a wholly owned subsidiary of DMCI Holding, Inc. which is founded by Consunji family. The company topped the rankings of best condominium developers with overall score of 8.3 according to Zipmatch.
Current Projects of SM DCMI Homes in Metro Manila:
Brio Tower, Makai City
Torre De Manila, Ermita
Sorrel Residences, Sampaloc
Illumina Residences Manila, Sta. Mesa
Fairlane Residences, Pasig City
5. Vista Land
Have you heard the legendary word “Camella”? Vista Land is the leading homebuilder in Philippines having approximately constructed 300,000 homes all over the country. It has 5 wholly owned subsidiaries namely: Brittany, Crown Asia, Camella Homes, Community Philippines, and Vista Residences. The range of property offering starts at PhP 750,000 (about USD 17,800) up to PhP 48,000,000 (about USD 1,100,000).
The Chairman and founder of Vista Land is Manuel B. Villar, a Senator of Philippines from 2001 to 2013. He currently holds the 2nd spot as the richest man in the country according to Forbes — an American business magazine.
Current Projects of Vista Land in Metro Manila:
Atwood Heights, Malate
Vista Recto, Quiapo
878 Espana, Sampaloc
Vista Pointe, Quezon City
Avant at The Fort, Taguig City
Since you already know the top real estate developers in Philippines, please check Homdax and choose the property which you think is best for you.
What do you think about the Philippines’ property developers? You may leave a comment and share this as well.