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Top 10 Real Estate Developers in the Philippines
By: Nick Jose | June 18, 2024
The top 10 developers in the Philippines have a strong commitment to innovation, quality, and sustainability. These companies meet different needs and constantly push the boundaries of the industry. After all, the demand for new housing, condominiums, apartments, and offices is high, especially here in the Philippines.
In addition to that, our country is an attractive investment destination for relatively affordable real estate compared to other Southeast Asian countries, fueled by a large, young population, and a growing economy.
Here are the top ten real estate developers in the Philippines:
Ayala Land
Founded in 1988, but began as a division of Ayala Corporation and became a publicly traded company in 1991 (listed on the Philippine Stock Exchange), a leading real estate developer in the Philippines known for creating large-scale, mixed-use communities that integrate residential areas, businesses, shopping centers, and even hotels and resorts while focusing on sustainable development practices and high-quality livability communities throughout their projects.
Their most notable projects include;
Makati Central Business District:
Considered the financial center of the Philippines, Makati CBD is a product of their foresight and development expertise. It transformed into a thriving economic hub, showcasing towering skyscrapers, premium office spaces, and luxurious hotels.
Bonifacio Global City:
Another brainchild of Ayala Land, Bonifacio Global City (BGC) is a flourishing metropolis known for its cosmopolitan vibe. It features a perfect blend of residential areas, shopping centers, international schools, and a vibrant nightlife scene.
SM Development Corporation (SMDC)
A wholly-owned residential developer of SM Prime, SMDC is a major player in the industry with projects built across Metro Manila, Visayas, and Mindanao. Known for serving its market conveniently located and affordable condominiums, they are focused on developing units for customers without compromising their quality. Their condominiums are strategically and conveniently placed in areas with easy access to essential services and amenities, often close to SM malls for added convenience.
Due to SMDC’s customer focus, prioritizing fast completion and turnover to interested customers, buyers might get possession of a unit quicker compared to some developers.
Their most notable projects include;
Shore Residences:
This iconic project offers luxurious living right at the heart of the Mall of Asia Complex. Residents enjoy unparalleled access to shopping, dining, and entertainment options, alongside breathtaking views of the Manila Bay sunset.
Light Residences:
Known for its impressive architectural design and resort-like amenities, Light Residences provides an upscale living experience in a highly accessible location near EDSA and major business districts.
Green Residences:
This well-established development offers a serene living environment with verdant spaces and themed nature parks. It’s perfect for those who seek a tranquil escape within the city.
Vista Land & Lifescapes, Inc.
A leader in affordable housing, Vista Land is currently among the top real estate companies in the country based on total assets, profits and market capitalization. With well-known and distinctive brands such as Brittany, Crown Asia, Camella, Lessandra and Vista Residences and through its provincial marketing subsidiary Communities Philippines – Vista Land serves all income segments in the various provinces of the Philippines. They are one of the leading integrated real estate developers in the Philippines and the largest home builder in the country. Incorporated on February 28, 2007 and listed on the Philippine Stock Exchange on June 25, 2007.
It is by far the market leader in total number of houses built, having built more than 400,000 homes in 49 provinces and 147 cities and municipalities in Luzon, Visayas and Mindanao.
Their most notable projects include;
Camella Homes:
Focuses on affordable to mid-range housing developments for families and young professionals.
Crown Asia:
Provides mid-range to high-end residential communities with a focus on modern design and amenities.
Brittany Corporation:
Specializes in luxury residential enclaves with themed architecture and resort-inspired amenities.
DMCI Homes
DMCI Homes is the premier real estate developer of DMCI Holdings through its wholly owned subsidiary DMCI Project Developers, Inc. (PDI). It was incorporated and registered with the Securities and Exchange Commission (SEC) on April 27, 1995 and began business in 1999 with the construction of its first mid-rise, Lake View Manors, in Taguig. With its customer orientation, focus on quality and versatile project portfolio, the company continues to set new standards in the industry. Going forward, DMCI Homes is committed to creating exceptional residential communities that provide comfort, convenience and satisfaction to homeowners.
Their most notable projects include;
Fairlane Residences:
This new project features a modern tropical design with spacious units that cater to various lifestyles in Pasig.
Soltera Coast:
DMCI Homes’ first venture into the leisure property market. This project in Batangas features condotel units with stunning beach views and a variety of amenities, perfect for relaxation and investment.
Alta Vista de Boracay:
DMCI Homes’ initial foray into leisure residences. This resort community provides an idyllic vacation experience in the world-famous Boracay Island.
Robinsons Land Corporation
Robinsons Land Corporation (RLC), established in 1980, is the real estate arm of JG Summit Holdings, a prominent conglomerate in the Philippines. It’s a major player in the country’s property development scene with a strong track record of over 40 years.
With developments such as malls, offices, hotels and resorts, residential properties and more, in essence, RLC is a diversified real estate developer that shapes the Philippine landscape by creating a variety of spaces for Filipinos to live, work, shop, and unwind. Their focus on mixed-use developments reflects their commitment to building sustainable and well-rounded communities.
Their most notable projects include;
Robinsons Luxuria:
This upcoming project promises premium living spaces in Pasig City. It boasts spacious units with high-end finishes and a range of amenities perfect for those seeking a luxurious lifestyle.
The Residences at Westin Manila:
This prestigious project offers branded residences integrated with the Westin Manila Hotel in Ortigas Center. Residents enjoy hotel-like amenities and unparalleled convenience within a flourishing business district.
Forbes Estates Lipa:
Nestled in Lipa City, Batangas, Forbes Estates Lipa offers exclusive lots perfect for building dream homes in a serene and upscale environment.
Megaworld Corporation
Founded in 1989, Megaworld Corporation is a leading real estate developer with a long track record of success in Philippines real estate, known for creating large-scale, mixed-use planned communities. Their specialty lies in developing vast communities that integrate residential areas, commercial spaces, educational institutions, leisure facilities, and even offices. They also offer project design, construction oversight, and property management services, ensuring a holistic approach to their developments.
Their most notable projects include;
McKinley Hill:
This expansive community features luxurious residential enclaves, high-end shopping malls like Venice Piazza and Uptown Bonifacio, top-tier office buildings, and prestigious educational institutions. It’s a bustling hub known for its cosmopolitan atmosphere and upscale lifestyle.
Newport City:
Another exemplary township project, it boasts luxurious residential condominiums, the immense Resorts World Manila integrated resort complex with casinos, hotels, and theaters, and the iconic Mall of Asia, one of the largest malls in the Philippines. Newport City offers a vibrant mix of leisure, business, and residential experiences.
Eastwood City:
Transforming former industrial areas into thriving communities, this project features a mix of residential condominiums, office spaces, and the Eastwood Mall. Eastwood City is known for its walkable, pet-friendly environment and its focus on green spaces, making it a popular choice for families and young professionals.
Filinvest Land, Inc.
Established in 1989, Filinvest Land, Inc. has a long history of developing quality residential projects in the Philippines. It’s a subsidiary of the Filinvest Development Corporation, a diversified conglomerate established in 1955. Their main area of expertise lies in developing residential communities across the Philippines. These projects provide Filipinos with the opportunity to own their own single-family homes with private yards. Filinvest Land offers various house designs and lot sizes in gated communities, ensuring a sense of security and community.
Their most notable projects include;
Filinvest City, Alabang:
It features a mix of residential areas, with options like single-detached houses and condominiums. It also boasts commercial spaces, including offices and the Festival Mall Alabang, creating a convenient live-work-play environment.
Alviera East:
This project offers house and lot packages with a resort-inspired theme. Residents enjoy amenities like swimming pools, playgrounds, and landscaped gardens, perfect for those seeking a relaxing and family-friendly atmosphere.
The Palms at Alabang:
The Palms at Alabang features upscale condominiums with breathtaking views of the Alabang landscape. Residents enjoy top-notch amenities like fitness centers, swimming pools, and function rooms, providing a luxurious living experience.
Federal Land, Inc.
Established in 1972 as Federal Homes, Inc., they have over 50 years of experience in the industry. They have grown into a prominent developer under the name Federal Land, Inc. and known for creating high-quality residential and commercial spaces. A member of GT Capital Holdings, a prominent investment holding company in the Philippines. This association provides them with strong financial backing and access to resources.
Their portfolio encompasses a wide range of projects, including residential condominiums, office buildings, retail and commercial centers, and mixed-use developments
Their most notable projects include;
Grand Hyatt Manila and The Grand Midori Makati:
This iconic project in Makati City showcases Federal Land’s expertise in both luxury residential and hospitality development. The Grand Hyatt Manila offers a prestigious hotel experience, while The Grand Midori Makati provides luxurious residential condominiums with stunning views and access to top-tier amenities within the same complex. This integrated development caters to those seeking a sophisticated and convenient lifestyle in the heart of the Makati Central Business District.
Metrobank Center and PBCom Tower:
Federal Land is a key player in developing prime office spaces in the Philippines. Metrobank Center in Taguig City and PBCom Tower in Makati City are prime examples. These high-rise buildings cater to major corporations and offer state-of-the-art facilities and modern work environments, contributing to the growth of the Philippine business landscape.
Rockwell Land Corporation
Rockwell Land Corporation has established itself as a premium brand in the Philippine real estate market. Going beyond just building houses and using high-quality materials and construction practices, they develop entire communities that seamlessly blend residential areas, office spaces, and lifestyle hubs. This “live-work-play” concept allows residents to enjoy a convenient and well-rounded lifestyle within their developments.
Their most notable projects include;
Rockwell Center Makati:
This iconic development in Makati City is the cornerstone of Rockwell Land’s success. It exemplifies their signature style, featuring luxurious residential condominiums, prestigious office buildings, upscale retail establishments, and verdant open spaces.
Rockwell Powerplant:
Situated in Makati City, Rockwell Powerplant is another example of their integrated community approach. It offers a mix of residential towers, office spaces, and the Power Plant Mall, a popular destination for shopping, dining, and entertainment.
Artonia at Rockwell:
This project in Cebu City showcases Rockwell Land’s expansion beyond Metro Manila. Artonia at Rockwell provides luxurious living spaces in a prime location, catering to Cebu’s growing cosmopolitan lifestyle.
Empire East Land Holdings, Inc.
Established in 1994, Empire East Land Holdings was originally a division of Megaworld Corporation. It spun off as a separate entity to focus specifically on the mid-income housing market. They primarily focus on developing projects in Metro Manila and nearby areas, catering to the high demand for affordable housing within the bustling National Capital Region.
Their most notable projects include;
San Lorenzo Place:
This is a condominium project situated in a prime location within walking distance of Ayala Triangle and other Makati business centers. It offers easy access to various shops, restaurants, and offices, making it a great choice for young professionals and urban dwellers.
Laguna Bel-Air:
This project is a house and lot development that caters to families seeking a suburban lifestyle. Located in Santa Rosa, Laguna, it offers a peaceful and secure environment with amenities like playgrounds and swimming pools.
Mango Tree Residences:
This upcoming condominium project is located in San Juan City. It offers easy access to various schools, hospitals, and commercial establishments.
Final thoughts
This list is not exhaustive, the “top” developer might vary depending on your specific needs and priorities but it represents some of the most innovative and forward-thinking developers in the Philippines. These companies are helping to shape the future of the industry by creating sustainable, well-planned communities that cater to the diverse needs of Filipinos.
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