Real Estate in the Philippine is booming, with exponential growth as seen from last year’s revenue. This year it is estimated to increase further thanks in part to the growing number of BPO companies in the country.
Now developers are racing to construct new projects to cope with the increasing demand. With so many real estate developers, it’s hard to know which one is the best option for your investment. So to help you make this very important decision, we compiled a list of some of the most trusted developers in the country.
Ayala Land, which is a subsidiary of the Ayala Corporation, was founded in September of 1988. Their projects stretch from residential development to shopping centers with notable projects like Vertis North and Nuvali.A typical Ayala property cost around 1 to 5 million pesos which contributed to the 12% increase the company received last year.
SM Prime Holdings
SM Prime Holdings started operations in 1994 as part of the SM Group, a multi-million conglomerate that has interests in mall development, retail, banking, and real estate development. Some of their notable projects in real estate include the Tagaytay Highlands in Cavite and the numerous SM Residences. A typical SM property cost around 1 to 6 million pesos.
Robinsons Land Corporation
Another subsidiary to a multi-million conglomerate, the Robinsons Land Corporation was established as a business unit in charge of real estate for the JG Summit Holdings. RLC incorporated was established on June 4, 1980, and quickly made a name for itself. They currently have projects in the field of condominiums and shopping malls. The price range for an average Robinsons condominium unit plays around 2 to 5 million pesos.
Shang Properties Inc
With over 30 years of experience in the industry, Shang Properties Inc brings luxury to a whole new level. Apart from their beautiful hotels located in Makati, BGC, EDSA, and Cebu, Shang Properties also has interests in High-rise Condominiums, Shopping centers, and Resorts.
The average price range for Shang condominium ranges from Php 3.5 – 7 million.
Filinvest Development Corporation
Known to the industry as one of the oldest real estate developers in the country, Filinvest Development Corporation diversifies the standards of modern living.Currently, Filinvest has projects in various types of property such as commercial buildings, residential condominiums, and land development. The estimated price range for an average condominium with Filinvest starts at Php 3.5 – 5 million.
Winning various awards from 2016 to 2019 and being nominated by different award-giving bodies as one of the country’s best developers, Megaworld Corporation continues to produce large-scale projects and residential communities that leave a mark in society. Notable Megaworld projects include the Forbes Town Center, Petron Megaplaza, McKinley Hills, One Central and Eastwood City. The average price range for a Megaworld condominium ranges from Php 3.5 – 7 million.
Starting out as Federal Homes Inc. in 1972., Federal Land quickly became a staple brand for real estate development in the country. They base each project with the core belief of trust, reliability, and integrity which are evident in the studding buildings they develop. Some notable projects include GT Tower International, Marco Polo Residences, Grand Hyatt Hotel, and Grand Hyatt Manila Residences. The average price range for a Federal land condominium ranges from Php 3 – 7 million.
Ranked number 146th by the 2014 edition of BusinessWorld’s annual Top 1000 Philippine Corporations. DMCI, known for building affordable condominiums in Metro Manila, is one of the biggest real estate developers in the Philippines with businesses spanning from development to mining. Some of their notable projects are Brixton Place, Serissa Residences, and Torre de Manila in Manila. An average DMCI condo unit cost around 2 to 4 million pesos.
Founded by the ex-senator Manny Villar, Vista Land & Lifescapes, Inc. is one of the country’s fastest-growing developers in the Philippines. The company holds several notable subsidiaries like Brittany, Crown Asia, Camella Homes, Communities Philippines, and Vista Residences. Each one caters to a different target market from different social classes. An average vista land property ranges from 2 to 5 million pesos.
From a company that only had 6 core members to a multi-million company that employs thousands, Century Property introduces a stylish way of living inside some of Manila’s Tallest building. The company mainly focuses on mid to high-rise residential buildings. Some of their more notable projects are Acqua Livingstone, Gramercy Residences, and Azure Urban Resort Residences. An average property with Century Properties ranges from