PHINMA – University of Pangasinan

College of Engineering and Architecture

Department of Architecture

AR. LESTER V. GARCIA UAP,

PIA
Instructor

TH/ SAT (1:30 -– 3:00 PM)

HOUSING DELIVERY PROCESS

IN THE PHILIPPINES
ARC 150: HOUSING

RESEARCH WORK NO. 1

JALLORINA, MARIZE CLAIRE C.

STUDENT

AR. ALEXANDER TENDILLA DORIA

INSTRUCTOR
 A. Highly integrated firms or Real state Developers in the Philippines.

1. Ayala Land
Ayala Land is certainly one of the Philippines’ largest and most established property
developers.
The company has over 150 years of experience in real estate. It has also consistently
ranked among the Philippines’ top developers, winning awards from major organizations like
Frost & Sullivan.
It’s also the company behind one of the country’s most expansive planned communities –
Bonifacio Global City. Ayala also developed many parts of Makati, which is Manila’s
business and financial center.
Today, Ayala Land has a wide variety of real estate projects in its portfolio. These range
from resorts and malls to residential developments, which offer buyers plenty of options in
terms of pricing.
A condo at Anvaya Cove in Morong costs less than $150,000 while a house at the
Courtyards is more than $400,000.

Ayala Land is the largest property developer in the Philippines, with a solid track record of
developing large-scale, integrated, mixed-use, sustainable estates that are now thriving
economic centers in their respective regions.
 
Following the success of the Makati Central Business District, Ayala Alabang, Cebu Park
District, Bonifacio Global City, and Nuvali, Ayala Land continues to increase its footprint by
building estates that reach and benefit more people.
 
With 12,192 hectares of landbank, 29 estates, and a presence in 57 growth centers across
the country, Ayala Land offers a balanced and complementary mix of residential
developments, shopping centers, offices, hotels and resorts, and other businesses.
Construction and property management services are led by its subsidiaries, Makati
Development Corporation and Ayala Property Management Corporation, respectively.
 
It pioneers standards and practices in all its developments that reflect the value the company
places on sustainability. As a responsible corporate citizen, Ayala Land acts with integrity,
foresight, and prudence.
 
Focused on its vision of “enhancing land and enriching lives for more people,” it empowers
its employees to deliver quality products and services and build long-term value for our
shareholders.

ESTATE DEVELOPMENT
Ayala Land launched three new estates in 2019, enhancing its presence further in Metro
Manila, Southern Luzon, and Central Luzon. These new developments will build on the
established and emerging estates across the country, hastening local economic growth for
more Filipinos.
 
With the launch of the new estates, the number of large-scale, integrated, mixed-use
developments have reached a total of 29. This is composed of five established estates, and
24 emerging estates–seven in Metro Manila, three in Central Luzon, three in Calabarzon, six
in Visayas, three in Mindanao, and two tourism estates.
 
Launched in October 2019, ALVEO-branded Broadfield is a 120-hectare mixed-use
development in South Luzon’s thriving residential, leisure, industrial, and manufacturing
center. Eighty hectares of Broadfield is dedicated to mixed-use and commercial spaces,
while 40 hectares is allotted to residential communities, Venido and Aveia.
 
The Junction Place is an 11-hectare pocket urban development located in Novaliches,
Quezon City launched in October 2019. It is envisioned as a sustainable area for commerce,
recreation, and leisure in one of the city’s busiest areas. The estate will be anchored by an
Amaia development which will cater to the emerging economic segement.
 
Cresendo was launched in November 2019. It will be Ayala Land’s first estate in the province
of Tarlac and will feature a 30-hectare downtown area to complement the current
commercial center. It will host a 32-hectare industrial park, a school by Don Bosco Technical
Institute, and an Avida community.

Fast Facts

Beginnings in Makati
Ayala Land's beginnings are anchored on the development of an uncharted land known as
Hacienda Makati. It is now the leading financial and central business district in the
Philippines.

Leading listed property developer

After its establishment in 1988, Ayala Land was listed in both the Manila and Makati Stock
Exchanges in July of 1991. Today, Ayala Land is recognized as the country’s leading real
estate and property developer.
AyalaLands Awards and Accomplishments

As it celebrates its 33 years of empowering lives and nation building, ALI pops the
champagne bottles as well for reaping 36 global Stevie awards at the 2021 International
Business Awards (IBA).

These awards, highly coveted in the field of business, are a testament to ALI’s continuous
engagement with stakeholders — its employees, customers, communities where it operates
and shareholders — all in pursuit of excellence.

2021 Grand Stevie Organization of the Year

ALI’s long list of Stevie Awards is topped by the prestigious Grand Stevie as Organization of
the Year, which is no mean feat, as it proves it is the best among the world’s best. The
company, in fact, earned the most number of award points this year and topped an IBA
program that is considered the world’s leading omnibus business awards competition. The
IBA Stevies feature a wide variety of categories to recognize achievement in every facet of
work life, including management, new products, marketing, public relations, customer
service, website design and more.

The Grand Stevie has become one of the world’s most coveted prizes.

They were created in 2002 to honor and generate public recognition of the achievements
and positive contributions of organizations and working professionals worldwide.

“The best-of-show Grand Stevie winners are emblematic of the breadth and quality of
nominations we welcomed to the IBAs in 2021,” said Maggie Gallagher Miller, president of
the Stevie Awards.

Among Ayala Land’s Gold Stevie Award winning programs is its ‘Zero Waste’ Circular Waste
Management Program.

This unique circular economy model established a process in which waste materials such as
plastics were given alternative destinations for recycling and reprocessing.

Makati Development Corp., the construction arm of Ayala Land, also won a Gold Stevie
award as Materials and Construction Company of the Year. It has been cited for its
contributions to the creation of local employment, as well as for the various process
improvements and technological innovations it has implemented company-wide. Key
subsidiaries Ayala Land Logistics Holdings Corp. and Ayala Land Offices Inc. also won Gold
Stevies for industry contributions and organization achievements.

The rest of Ayala Land’s awards were also driven by employee, community and nation
building initiatives.
As it celebrates its 33 years of empowering lives and nation building, ALI pops the
champagne bottles as well for reaping 36 global Stevie awards at the 2021 International
Business Awards (IBA).

These awards, highly coveted in the field of business, are a testament to ALI’s continuous
engagement with stakeholders — its employees, customers, communities where it operates
and shareholders — all in pursuit of excellence.

It is relentless in fulfilling its mission to enhance value not only for its shareholders but for the
country. Thus, it is not just building structures and developing nurturing homes and
communities for the Filipino family but it also continuously strives to contribute to nation
building.

Cresendo Estate

Ayala Land Inc. (ALI) is investing P18 billion to develop a 290-hectare in Tarlac, the property
developer’s 29th estate so far.

The estate is suitably dubbed Cresendo, as the destination will be the new downtown on the
rise in Tarlac, promoting employment, education, enterprise, and a balanced way of life.

It will build towards a balanced and fulfilling life through quality living — connecting lives,
creating business and work opportunities, and fostering a strong community spirit in a
sustainable estate development.

New Downtown on the Rise

The estate will create a masterplanned community that builds on many local components
resembling a new población or bayan. Cresendo will have a 30-hectare urban core where
the community can converge. It will include the 1.5 hectare Cresendo Town Plaza, hospital,
school and market or retail area, and church.

The new downtown of Tarlac will be a modern local community. It will build towards a
balanced and fulfilling life through quality living — connecting lives, creating business and
work opportunities, and fostering a strong community spirit in a sustainable estate
development.

MASTERPLAN

Sustainable Development

Cresendo will feature a 1.5-km. long green parkway with dedicated pedestrian lanes and
bike lanes will seamlessly connect the estate’s active to more quiet zones. Roads will be
lined with trees endemic to the area. The development will be highly walkable with three-
meter wide sidewalks and arcaded walkway as design features.

As the pioneering developer of sustainable mixed-use estates, Ayala Land has paid careful
attention to the development of these Tarlac plains. 31% of the estate has been dedicated to
green open spaces, with seamless green connection including a 7-hectare river terraces
including a viewing deck, jogging paths and a rainwater detention system that will ensure a
safe and secure quality living.
2. Megaworld Corporation

In the Visayas, it has six townships, but only one in Mindanao, specifically in Davao.

The property giant continues to change the landscape of communities where it is

present. This includes its upcoming sprawling lakeside community, The Hamptons
Caliraya by its subsidiary Global-Estate Resorts, Inc. (GERI), rising soon in Lumban-
Cavinti, Laguna.
However, Megaworld has more in store for Mindanao — covering about 2,000 hectares in
the next few years.
Just recently, Megaworld’s chief strategy officer Kevin L. Tan announced that the group is
increasing its outlay for capital expenditures to P300 billion for the period 2020 to 2024 to
further expand its townships and integrated lifestyle developments across the country.
According to the younger Tan, “Megaworld has secured significant coverage of land in the
areas we want to be in. Our focus now is on developing the land in order to sustain and
further propel our strong earnings moving forward.”
Based on Megaworld’s 2018 annual report, its consolidated revenues increased 14.6
percent in 2018 to P57.4 billion, while its net income of P15.8 billion that year posted a 15.6
percent growth.
Those revenues came from the P38 billion real estate sales recorded in 2018 and rental
income of P14.3 billion, as well as hotel operations of P1.5 billion.
 
PIONEERING LIVE-WORK-PLAY TOWNSHIPS

Megaworld’s Metro Manila townships include the Newport City in Pasay City, which houses
two of the property giant’s homegrown hotel brands, Savoy and Belmont. It also hosts
Resorts World Manila and other international hotels brands under the Travellers International
Hotel Group, which include the Mariott, Sheraton, Hilton, Holiday Inn Express (formerly
Remington), Maxim’s, and soon Hotel Okura and the country’s first-ever Ritz-Carlton.
Along with its development of homegrown hotel brands, Megaworld subsidiary Global
Estate Resorts Inc. or GERI has ventured into lifestyle resorts with the recently opened
126-room Twin Lakes Hotel located inside the 1,200 hectare Twin Lakes development in
Laurel, Batangas.
Other well-established townships in Metro Manila include the five hectare Forbes Town in
Fort Bonifacio in Taguig City which was its first development in the area, but has since
expanded to its 15.4 hectare crown jewel — the Uptown Bonifacio.
Uptown Bonifacio is the cosmopolitan development of Megaworld comprised of premium
residential towers and office spaces. These include the Alliance Global Tower which
consolidates Megaworld’s subsidiaries under one roof.
Integral to the development of the townships are the lifestyle malls of the group which was
first pioneered by the Eastwood City Walk which set the template for subsequent mall
developments, including one of its latest provincial lifestyle mall — the Iloilo Festive Walk
Parade.
Apart from providing a world-class retail shopping experience, it also has a wide selection of
dining outlets and entertainment venues.
Megaworld has also begun to address the cultural aspects of leisure through its first ever
museum venture in Iloilo — the Iloilo Museum of Contemporary Art or ILOMOCA which
opened without much fanfare in 2018.
More recently, Megaworld also opened its first Chinese culture museum at its latest Hotel
Lucky Chinatown located at its Lucky Chinatown Mall in the heart of Binondo, Manila.
To date, Megaworld now has 24 townships and is present in 30 cities/municipalities all over
the country.
 
NURTURING THE ENVIRONMENT

The company propagates a culture of responsible stewardship by promoting a

number of environmental sustainability initiatives.
While it continues to expand its residential communities, commercial and office towers, and
integrated lifestyle malls, Megaworld never loses sight of its commitment to help protect and
nurture the environment.
The property giant has spearheaded close to 70 green projects, protected 1,500 hectares of
forestlands, and built 19 green buildings all over the country.
Among these office towers is the 25-story Global Service Centre of JPMorgan Chase Bank,
N. A.
The building, which is currently being constructed in Uptown Bonifacio is in line for a
Leadership in Energy and Environmental Design (LEED) gold certification, with its interiors
up for LEED platinum certification.
Many of Megaworld’s developments are also now incorporating either LED streetlights or
solar-powered lights, while green roofing is used for office buildings.
It has integrated smart technology in its townships to improve energy efficiency and reduce
waste production.
 
IMPACTING LIVES

The Newtown School of Excellence at The Mactan Newtown provides a holistic

education to the young generation of Filipinos anchored on deep core values.

All of its development, of course, involves and harness human resource.

In a recent speech of Mr. Tan, he revealed that the workforce of the Megaworld Group is
nearly 8,200 employees.
The Group’s various development, he said, has resulted in employment opportunities for
about 2.5 million direct and indirect hires.
For Megaworld alone, the company offers continuing training for its employees through
workshops, seminars, exposure trips, online learning modules and various activities to hone
the skills and competencies of its people — allocating an average of eight hours of training
per employee.
But looking further into the future, Megaworld has also ventured into education, opening in
June 2018 its Newtown School of Excellence in Mactan Newtown in Lapu-Lapu City.
The school’s curriculum is supervised by the Lasallian Schools Supervision Office. It offers
primary education starting from Nursery 1 and 2 and Kindergarten 1 and 2, and just this year
began offering Grades 1, 2 and 3.
Megaworld hopes to eventually expand its education arm and replicate it in other
developments and, hopefully, will be able to harness its graduates to serve the community
and corporation.
 
PAYING IT FORWARD
As the company continues to grow, Megaworld has also been giving back to the community
by providing access to quality education to deserving Filipino students.
As of today, Megaworld—through its socio-civic arm Megaworld Foundation — has
granted more than 5,000 scholarships to young Filipinos to over 50 colleges and universities
all over the country. Some of the scholar graduates have also been employed in several
companies under the Alliance Global Group, Inc.
 
NATION BUILDING
ILOMOCA serves as a platform for local Filipino artists to showcase their artistry.
After 30 years of having successfully established Megaworld as a cornerstone of the
Philippine property sector, Andrew Tan is now focused on moving forward further to
contributing to the task of nation-building.
The company is helping provide the much needed connectivity of a growing metropolis.
These plans include a planned railway system from Uptown Bonifacio up to the EDSA
thoroughfare connecting to the Metro Manila Subway system project.
As Megaworld celebrates its 30th year, Mr. Tan admits, “Looking back, I can only say that
perseverance puts you on the path to your purpose. Without this company, I would not have
been able to do my part to make people’s lives better.”
 

Since its founding in 1994, Megaworld Corporation has successfully completed over 250 real
estate developments in the Philippines.
Like Ayala, Megaworld has finished a variety of commercial and residential projects,
including the Forbes Town Center and McKinley Hill. The company primarily operates
in Metro Manila, but it also has a presence in both Cebu City and Davao.
Megaworld also has its fair share of awards and accolades. PropertyGuru Philippines has
given its Best Developer Award to the company on several occasions. Additionally, at its
2017 Philippines Property Awards, it nominated Megaworld in a whopping 25 categories.
While Megaworld has shifted its focus to large-scale commercial and township
developments, it still has many residential offerings. Condos at the San Antonio Residences
in Makati go for less than $100,000. Luxury condos at The Florence Taguig cost just under
$150,000.
 
 Megaworld is most famous because of its malls. They also build a wide variety of
condos, mixed-use projects, and housing developments in the Philippines though.
 
 3. SM Prime Holdings

 Largest mall operator in the Philippines that has a stable mall portfolio with average
94% occupancy rate and 7% same-store rental growth.

 For the past five years, overall revenue grew 8.5% annually while net income grew
12.5% annually. The company earns 10.5% ROE, in line with industry average and
above company's cost of capital.

 Multiple upside catalysts from pending reclamation deals, REIT spin-off, proposed
tax reforms, and international expansion.

Leader in Shopping Malls

The company has the biggest shopping mall portfolio in the country, with 67 malls (60 in the
Philippines and 7 in China) that has a total gross leasing area of 9 million square meters as
of the end of 2016.

Its mall portfolio boasts of having 5 of the largest shopping malls in the world, being able to
hold thousands of restaurants and retailers. For instance, its flagship malls, SM North Edsa
and SM Mall of Asia, have gross floor areas of 498,000 sqm and 406,962 sqm, respectively,
larger than malls such as the Mall of America in Minneapolis (273,529 sqm) or the King of
Prussia Mall in Philadelphia (259,500 sqm).
With its enlarged scale, SM Prime in early 2014 launched a five-year plan that calls for
spending 400 billion pesos to almost double its real estate projects and sales by 2019. The
plan includes expanding the company's shopping centers in the Philippines, from 48 at the
end of 2013, to 74. This is on top of operations in China, where the company has five malls.

SM Prime is managed by Hans Sy, a son of Henry Sy, SM Group founder and the
Philippines' richest man.

In terms of revenue, SM Prime Holdings is one of the largest developers in the Philippines.
The company earns more than $400 million annually from its real estate assets, and it
continues to grow.
SM Prime’s main area of business is building and managing shopping malls both at home
and in countries like China. The company also develops and manages offices, convention
centers, and hotels.
Its residential development subsidiary, SM Development Corporation, is somewhat less
established with just over 20 projects completed. However, given the company’s impressive
track record in other real estate sectors, it has certainly earned its place on this list.
Since SM Prime has only recently ventured into the residential sphere, its options are fewer
than its competitors. The company primarily owns mid to high-rise condo buildings, but it is
currently constructing larger housing projects.
 
4. Filinvest Land
Filinvest Land is one of the Philippines’ most established developers. Its parent company,
Filinvest Development Corporation, emerged in 1955. Since then, it has built a variety of
commercial, residential, and leisure properties throughout the Philippines.
Like others on this list, the company is also financially sound. It’s consistently profitable, and
it has plenty of new projects in the works, such as Studio City.
Filinvest is best known for its mid-market developments, such as Alta Vida. At this
development in San Rafael, buyers can find houses for less than $100,000. However, the
company has recently expanded into luxury projects like Brentville International Community.
 

Buying a condo built by Filinvest might be a good choice if you’re looking for a
budget home in the Philippines. They’re among the top Philippine property
developers that specializes in economy housing.

Creekside Park

The Riverside Park is an exciting green attraction being developed in Filinvest City that will
feature retail and dining establishments set in a relaxing and inviting natural environment for
everyone to enjoy.
Central Park

A breath of freshness at the center of the city, the Central Park will have a distinct, lush
landscape for residents, workers and visitors to enjoy.

Bisected by the Spectrum Linear Park, this green retreat will be anchored on the northern
end by the Festival Mall.
 
 5. Federal Land
As it approaches its 50th anniversary, Federal Land has become one of the best-known
property developers in the Philippines. In fact, the company is most famous for its role in
building the GT Tower in Makati.
This firm also ranks alongside the most financially well-off developers on this list. In addition
to its many successful projects, it is a member of GT Capital Holdings and a partner of
Metrogroup.
In general, Federal Land’s residential properties tend to cater to wealthy Filipinos and foreign
investors. Some of its best condo developments include the Grand Hyatt Residences and
the Marco Polo Residences.
A typical Federal Land unit will cost upwards of $100,000, which is expensive by Philippine
standards.

 RESIDENTIAL
Over the years, Federal Land has contributed many firsts to the Philippine landscape.
Among its iconic residential towers are The Grand Midori Makati and Grand Hyatt Manila
Residences. Coming soon are residential projects in partnership with international partners:
The Seasons Residences with Nomura Real Estate Development, The Estate Makati with
Norman Foster, and The Grand Midori Ortigas with Tange & Associates.
MASTERPLAN DEVELOPMENTS
Federal Land develops townships that combine residential and commercial establishments
for a complete live-work-play experience. Its township developments include the New York-
inspired Grand Central Park in Bonifacio Global City (BGC), the 36-hectare Metro Park in
Pasay City, Tropicana Garden City in Marikina, the suburban Florida Sun Estates in Cavite,
and the hill-top community of Marco Polo Residences in Cebu City.

6. DMCI Homes
Founded in 1954, DMCI Homes is now one of the largest developers in Metro Manila. The
company ranks among the World’s Top 1000 Corporations, and ZipMatch lists it as the
Philippines’ number one developer.
Unlike some of its competitors, DMCI Homes’ bread and butter is residential properties. The
company has erected more than 30 projects in Metro Manila with even more in the works.
DMCI has also developed other successful properties, including hotels and casinos. It also
built some of Makati’s most notable high rises, including the Philippine Stock Exchange
Plaza.
On the residential side, DMCI is best known for its affordable condos throughout Metro
Manila. Many of the company’s units cost well under $100,000. The company has only
recently begun to expand into housing and luxury developments.
The Atherton
Quadruple A developer DMCI Homes, known for devoting big spaces for outdoor amenities
and generous cuts in the units of its residential projects, is again making stride in developing

livable and sustainable condominium communities with its latest preselling project in
Parañaque City—The Atherton.
Recognizing the presence of young families in the area, DMCI Homes designed the three-
building gated development in Dr. A. Santos Avenue (formerly Sucat Road) in Paranaque
City to provide an environment conducive for the holistic development of its residents.
A sizable portion or almost 70 percent of the approximately 1.76-hectare land area has been
allotted to outdoor amenities such as lap pool, leisure pool, kiddie pool, children’s play area,
picnic area, activity lawn, covered court, gazebo, jogging path, sunken garden, terraced
garden, and roof-deck area.

On the other hand, indoor amenities in this condo for rent in Parañaque include lounge and
game areas, sky lounge, snack bar, fitness gym, entertainment room, and badminton court.
 

Artist’s illustration of the leisure pool.

“As a responsible developer, DMCI Homes always sees to it to provide more than enough
open spaces, landscapes, and gardens in our developments to ensure that residents
especially children can enjoy a relaxed environment outdoors,” said Rina Soriano, DMCI
Homes Vice President for Architectural Design.

Soriano noted that bigger amenity spaces also mean more opportunities for residents to
interact with neighbors which helps DMCI Homes’ goal to build tightknit communities of unit
owners within its condominium projects.

“Whether you are lounging by the pool, spending quality time with your family at the picnic
area, or just playing basketball with your neighbors, these dedicated spaces make a big
difference,” Soriano said.

All three buildings of The Atherton namely Oak, Helicia, and Almond are now preselling with
prices starting from P3.4 million onwards.
 
 Artist's illustration of the balcony view.

The modern tropical-themed condominium features three-bedroom and four-bedroom

tandem units apart from the standard 1-bedroom and 2-bedroom unit offerings to provide
large living spaces for the whole family.

With a total floor area of 91 square meters (sq.m) and 113 sq.m respectively, the

three-bedroom and four-bedroom tandem units aims to address a growing family’s need for
a comfortable living environment with easy access to a vibrant neighborhood where
everything is within easy reach.

The Atherton is one of the developments of DMCI Homes, the country’s first Quadruple
A real estate developer known for building quality resort-inspired communities in Mega
Manila, Baguio City, Boracay and Davao City. Each of its properties is built with world-
standard craftsmanship borne from D.M. Consunji Inc.'s over 60 years of expertise in the
construction and development industry.

7. Robinsons Land Corp.

Robinsons Land Corporation (“RLC”), incorporated in 1980, is the real estate arm of JG
Summit. It is one of the leading real estate and property developers in the Philippines, with a
proven track record of over 40 years in the industry. It is the second-largest mall operator in
the country with its extensive portfolio of 53 lifestyle centers nationwide. It has 28 prime
office developments anchored on the resilient BPO sector, and it is the Sponsor of the
biggest Philippine Real Estate Investment Trust in terms of asset size and geographic
spread. RLC also has five work.able centers in the growing flexible workspace segment. It is
the largest hotel developer and operator in terms of the number of hotels with its 24 diverse,
multi-branded hotel properties consisting of the first Filipino five-star hotel, upscale deluxe
hotels, mid-market boutique city, and resort hotels, essential service value hotels, and luxury
resorts. RLC has seven industrial facilities capitalizing on abundant opportunities in the
logistics sector and over 100 residential properties, including three iconic joint venture
residential projects with some of the biggest real estate names in Asia. Furthermore, it has
20 mixed-use developments, including three landmark Destination Estates that espouse the
Live-Work-Play-Inspire lifestyle.

Each project of RLC has led to the rise of thriving, harmonious communities, in line with JG
Summit’s vision to make life better for the Filipino nation.

Buyers looking for reliability should turn to Robinsons Land Corp. The company has
completed more than 140 projects since its inception in 1980, and it continues to produce
excellent work.
Currently, the company’s portfolio includes a variety of residential, commercial, and other
buildings. Its projects have also won awards for sustainability, interior design, and overall
quality.
Robinsons’ units range from mid-level to luxury. More affordable units often cost under
$50,000. Luxury developments, such as the Trion Towers, will have options that cost more
than $100,000.
Although the company has developed plenty of condo buildings, its focus appears to be
shifting toward commercial properties. Currently, Robinsons does not have any new
residential projects in progress.
 
8. Rockwell Land

The rockwell land story began in 1995 with the transformation of an unused thermal power
plant into a thriving, self-sustained community. Now known as the Rockwell Center, this
flagship development was the first of several exceptional communities, which serve as the
benchmark for living,leisure and business.
One of Rockwell’s keys to success is its perceptive understanding of the individual.
Since life is not restricted to the four-walled structure of a home, the property
maverick recognized the need to extend its breadth. Today, Rockwell’s signature of
exclusivity and luxury is felt even outside the comforts of your residence.

Rockwell Land pioneered the “city within a city” concept that defines Manila’s real estate
landscape today.
In the 1990s, the company developed Rockwell Center – a “mini-city” on the site of a former
power plant. This development quickly became popular among foreigners and Filipinos, and
it launched a new trend of comprehensive real estate developments.
Today, Rockwell Land is best known for its luxury real estate. Most of its projects are within
Metro Manila, but it has a presence in other major cities like Cebu.
As a high-end developer, most of Rockwell’s properties are expensive by Philippine
standards. A townhome at 205 Santolan costs nearly $500,000. The company’s more
affordable options, such as The Grove, still cost over $100,000.
 

Rockwell Center is one of the Philippines’ first mixed-use developments, and still
among its most famous landmarks.
9. Century Properties
Century Properties is a leading Philippine real еstatе development company. Our pioneering
real еstatе concepts and industry firsts have resulted in some of the most exciting and truly
remarkable real еstatе projects in the country.

Established in 1986 by our Executive Chairman of the Board, Jose E.B. Antonio, just 6 days
before the EDSA People Power Revolution, we’ve grown to become one of the top
Philippine real еstatе firms with projects that have garnered both local and international
praise and recognition, redefining Philippine real еstatе and setting the bar high in terms of
architecture, design, amenities, and community living.

Our projects include the Gramercy Residences (one of the tallest buildings in the
Philippines), Azure Urban Resort Residences (featuring the country’s first man-made beach
and beach club by Paris Hilton), Acqua Livingstone interior design by MISSONIHOME (the
first in the world), Acqua Iguazu yoo inspired by Starck, The Milano Residences, Trump
Tower at Century City, Century Spire designed by Daniel Libeskind and interior designed by
Armani/Casa, Centuria Medical Makati, Century City Mall and many other innovative high-
rise residential and mixed-use developments.
Our vision is to be the Philippines’ foremost creator of innovative, well-designed, sustainable
residential and commercial developments, and to be the trusted partner of global citizens in
realizing their goals of owning a home or an investment property in the Philippines.

We hold fast to the principles of good design and proper construction, knowing that
successful projects depend on their mastery and the application of best practices.

We work with the most trusted names in architectural design and luxury living to provide our
clients with great properties of life-enhancing value.

We treasure talented individuals and the synergy they create when working as a solid,
committed team.

We work with purpose, creating properties that surpass the needs of our clients, encourage
communities, and enhance the surrounding landscape.

We strive for innovation, pursuing fresh ideas and architecture so that everything we make
looks, feels, and behaves like nothing else on the market.

We adapt sustainable practices and find that preserving our planet for future generations is a
fun and engaging part of our development philosophy.

We value every single Century Properties stakeholder like family and are committed to their
dignity, personal growth, and well-being by providing tangible love and care through superior
products and services.

We are listeners, preferring hard truth over false acclaim, as honest appraisals are powerful
means of growth and progress.

We are pioneers, knowing that to influence an unknowable future we must never be afraid to
step out in humble faith.
Founded in 1986, Century Properties is relatively young compared to others on this list.
However, in the past three decades, it has become one of the best Philippine property
developers – especially in the residential housing sector.
In fact, during the 2010s, Century’s net profit nearly doubled.
The company is headquartered in Manila, and the vast majority of its buildings lie within the
city. However, the company has begun to expand to areas such as Batangas.
Though it has a handful of other projects, Century Properties specializes in high-rise condo
buildings.
Most these developments are luxury units, which can cost upwards of $100,000. Yet Century
does offer some affordable, mid-level housing at Commonwealth and Acqua Private
Residences.
 
10. Shang Properties
Shang Properties is owned by the Kuok Group – the Singaporean real estate firm behind the
Shangri-La hotel chain.
As such, most Filipinos know Shang Properties as the Philippine property developer that
brought the Shangri-La brand to their country.
In recent years, Shang Properties has shifted its focus from hotels to residential real estate.
It primarily builds high-rise luxury condos in prime locations, keeping in line with the Shangri-
La brand.
A standard condo at One Shangri-La Place in Metro Manila will thus cost at least $100,000.
Other properties, such as Shang Salcedo Place, have slightly lower prices, but you’ll be
hard-pressed to find a Shang property for less than $90,000.
Currently, Shang Properties plans to continue to expand into the residential market with
even more projects on the horizon.

Pre-selling Development in Mandaluyong

A Sanctuary in the City. Shang Residences at Wack Wack is an exclusive resort-inspired
residential property in the verdant neighborhood of Wack Wack, Mandaluyong. Set in
beautifully landscaped gardens neighboring one of Manila's most iconic heritage golf clubs -
The Wack Wack Golf & Country Club - these elegantly designed one, two, and three
bedroom homes enjoy some of the city's most sought after views: sweeping vistas over two
18-hole championship golf courses or towards the dramatic Makati skyline. Beautifully-
designed amenities are complemented by effortless connections to Ortigas and Makati.
https://www.ayalaland.com.ph/about-us/

https://annualreport.ayala.com/2019integratedreport/business-review/ayala-
land/#:~:text=Ayala%20Land%20launched%20%E2%82%B1158.9,estimate
%20of%20%E2%82%B1130%20billion.&text=Revenues%20from%20the
%20sale%20of%20residential%20lots%20and%20units%20and,percent%20to
%20%E2%82%B193.2%20billion.

https://propertyreport.ph/news-and-events/2021/09/17/22599/ayala-land-
dominates-global-competition-as-pursuit-of-excellence-continues/

https://www.cresendo.ph/about-us/

https://www.investasian.com/property-developers/philippine-property-developers/

https://www.megaworldcorp.com/news-and-updates/helping-shape-philippines-
30-years-and-beyond

https://seekingalpha.com/article/4126752-sm-prime-holdings-largest-mall-
operator-in-philippines

https://filinvestcity.com/masterplan

https://federalland.ph/residential/?
utm_source=google&utm_medium=cpc&utm_campaign=Federal_Land_Core_Br
and_Exact&gclid=Cj0KCQjwjIKYBhC6ARIsAGEds-
LUq7dBQ2bdBpo7O2bu4p2yoVSwoo52ZeGXEFJJp0FYhZ9PT3bAZysaAko8EA
Lw_wcB

https://www.dmcihomes.com/whats-new/news/dmci-homes-allots-big-outdoor-
amenity-spaces-for-paranaque-condo-to-encourage-close-community-ties

https://www.robinsonsland.com/

https://www.e-rockwell.com/about-us/

https://www.century-properties.com/about-us/

https://propertyaccess.ph/development/shang-residences-at-wack-wack-Unntrf