Twenty-two members of the Subdivision and Housing Developers Association Inc. (SHDA), the largest private housing developers alliance in the country, were commended as top-performing real estate developers in the Pag-IBIG Fund Stakeholders’ Accomplishment Report (StAR) for the January to September period.
The Stakeholders’ Accomplishment Report is an event conducted by the state-owned Home Development Mutual Fund (HDMF) or Pag-IBIG Fund to recognize the top developers, employers, service partners, and key stakeholders in five major regions in the Philippines whose support to the organization has been instrumental in allowing them to perform excellently in the pursuit of their mandates.
“As the largest and leading housing and real estate developers association in the Philippines, it is truly an honor for us that HDMF recognized the achievements of some of our members, which delivered outstanding performance in the first to the third quarter of this year,” said SHDA President May Rodriguez.
“We are proud to say that our members have been consistent recipients of Pag-IBIG Fund’s StAR Awards year after year. This shows how our alliance is committed to Pag-IBIG Fund’s pursuit of providing affordable home financing for Filipino families and a more vibrant housing and real estate sector,” she added.
The Pag-IBIG Fund StAR is one of the ways of HDMF to promote transparency and accountability, as they report the strong state of the Pag-IBIG Fund.
During the event held last November 29, 2022, at the Century Park Hotel in Manila, Pag-IBIG CEO Marilene Acosta also announced that Pag-IBIG continues to soar, with P810.07 billion in total assets.
With the current 14.91 million active members, it collected P66.66 billion in member savings, while the MP2 voluntary saving program increased to P33.72 billion.
The SHDA, meanwhile, is the largest and leading industry association for housing and urban development in the Philippines.
With 350 members nationwide and eight regional chapters, SHDA members include the country’s top real estate developers players and a dynamic national network of small and medium developers.
SHDA member-developers produce over 80 percent of homes produced annually in the country, giving SHDA unparalleled reach amongst Philippine homebuyers.
Established in 1970, SHDA has over 50 years of continued close linkages with its members, government agencies, and allied professionals and is the leading voice in articulating the advocacy of the housing industry in the Philippines.
FULL LIST OF SHDA MEMBERS/AWARDEES
TOP DEVELOPERS IN NCR
1 Raemulan Lands Inc.
2 Axeia Development Corp.
3 The New Apec Group of Companies
4 8990 Housing Development Corp.
5 Borland Development Corp.
6 Homemark Group of Companies
7 P.A Alvarez Properties and Development Corp.
8 CENQHOMES Development Corp.
9 PHINMA Property Holdings Corp.
*Special Awards – NCR
Best in Performing Accounts Ratio (PAR) – Borland Development Corp.
Best in Performing Loans Ratio (PLR) – Borland Development Corp.
Best in Conversion – A. J Mark Group of Companies
TOP DEVELOPERS IN NORTH LUZON
1 Hausland Group
3 Borland Development Corp.
4 8990 Housing Development Corp.
7 The New Apec Group of Companies
8 P.A Alvarez Properties and Development Corp.
*Special Awards – NORTH LUZON
Best in Performing Accounts Ratio (PAR) – Borland Development Corp.
Best in Performing Loans Ratio (PLR) – The New Apec Group of Companies
Best in Conversion – 8990 Housing Development Corp.
TOP DEVELOPERS IN SOUTH LUZON
2 The New Apec Group of Companies
3 Lynville Land Development Corp.
7 Borland Development Corp.
8 Shelter Systems Development Corp.
10 Bellavita Land Corp.
TOP DEVELOPERS IN VISAYAS
1 8990 Housing Development Corp.
3 Cebu Landmasters Inc.
5 Saekyung Realty Corp.
7 Johndorf Ventures Corp.
8 Pacific Land Ventures and Property Devt. Inc.
9 Juanito King and Sons Inc.
*Special Awards – VISAYAS
Best in Performing Loans Ratio (PLR) – Cebu Landmasters Inc.
TOP DEVELOPERS IN MINDANAO
1 8990 Housing Development Corp.
2 Johndorf Ventures Corp.
3 VCDU Realty Corp.
5 Davao Joyful Homes Realty Corp.
7 Liberty Land Corp.
8 PHINMA Property Holdings Corp.
*Special Awards – MINDANAO
Best in Performing Accounts Ratio (PAR) – Davao Joyful Homes Realty Corp.
Best in Performing Loans Ratio (PLR) – Davao Joyful Homes Realty Corp.