April 25, 2024 TOP 10 PROPERTY DEVELOPERS IN THE PHILIPPINES 1. AYALA LAND (JAIME ZOBEL DE AYALA) 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. SY SIBLINGS: Richest Filipino Today based on the 2022 Forbes List. TOP 10 RICHEST IN THE PHILIPPINES (2022 FORBES LIST) B: Billion A. SY SIBLINGS: $12. 6 B B. MANUEL VILLAR: $7. 8 B C. ENRIQUE RAZON JR.: $5. 6 B D. LANCE GOKONGWEI AND SIBLINGS: $3. 1 B E. ABOITIZ FAMILY: $2. 9 B F. ISIDRO CONSUJI AND SIBLINGS: $2. 65 B G. TONY TAN CAKTIONG: $2. 6 B H. JAIME ZOBEL DE AYALA: $2. 55 B I. RAMON ANG: $2. 45 B J. ANDREW TAN: $2. 4 B 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. 2. MEGAWORLD CORPORATION (ANDREW LIM TAN) 3. SM PRIME HOLDINGS (HENRY SY) 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 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. SM PRIME E-COM BUILDING SM MEGA TOWER SMDC PROJECTS TOP 10 TALLEST BUILDING IN THE PHILIPPINES 1.) GRAND HYATT MANILA Location: Taguig, Manila Height: 318 m (1, 043 ft) Floors: 66 Year: 2017 1.1.) NET 25 TOWER (Communications Tower) Location: Quezon City, Metro Manila Height: 276.4 m (907 ft) Floors: -Year: 2000 2.) PBCOM TOWER Location: Makati, Metro Manila Height: 258.6 m (848 ft) Floors: 52 Year: 2000 3.) TRUMP TOWER MANILA Location: Makati, Metro Manila Height: 250.07 m (823 ft) Floors: 58 Year: 2017 4.) THE GRAMERCY RESIDENCE Location: Makati, Metro Manila Height: 250 m (820 ft) Floors: 73 Year: 2012 4.1.) DISCOVERY PRIMEA Location: Makati, Metro Manila Height: 250 m (820 ft) Floors: 68 Year: 2014 4.2.) SHANGRI-LA AT THE FORT, MANILA Location: Taguig, Metro Manila Height: 250 m (820 ft) Floors: 61 Year: 2016 5.) SHANG SALCEDO PLACE Location: Makati, Metro Manila Height: 249.80 m (819.6 ft) Floors: 67 Year: 2017 6.) THE MEGA TOWER Location: Mandaluyong, Metro Manila Height: 249.67 m (819.1 ft) Floors: 50 Year: 2021 7.) CENTURY SPIRE TOWER Location: Makati, Metro Manila Height: 245 m (804 ft) Floors: 60 Year: 2022 8.) THE IMPERIUM AT CAPITAL COMMONS Location: Pasig, Metro Manila Height: 240 m (804 ft) Floors: 63 Year: 2020 8.1.) TOWER OF POWER (COMMUNICATIONS TOWER) Location: Quezon City, Metro Manila Height: 236.8 m (777 ft) Floors: -Year: 1988 9.) GRAND RIVIERA SUITES Location: Manila, Metro Manila Height: 230 m (750 ft) Floors: 57 Year: 2014 9.1.) THE ROYALTON AT CAPITOL COMMONS Location: Pasig, Metro Manila Height: 230 m (750 ft) Floors: 65 Year: 2019 10.) ONE SHANGRI-LA TOWER NORTH Location: Mandaluyong, Metro Manila Height: 227 m (745 ft) Floors: 64 Year: 2015 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. 4. FILINVEST LAND (ANDREW LO GOTIANUN SR.) 5. FEDERAL LAND (ALFRED V. TY) 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 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 GC 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. 6. DMCI HOMES (David Consuji) 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. 7. ROBINSONS LAND CORP (John Gokongwei) 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. RELATED COMPANIES other major cities like Cebu. As a highend 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. 8. ROCKWELL LAND (CEO Nestor J. Padilla) 9. CENTURY PROPERTIES (JOSE ANTONIO) 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 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 (EDWARD KUOK KHOON LOONG) 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 thes 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. PLANNING A SUBDIVISION Land Surveying Generally speaking, surveying is the process of measuring and mapping of the environment with the use of mathematical and technological skills and equipment types of land surveys are cadastral surveys, subdivision surveys, boundary surveys, mortgage surveys, site planning surveys, andtopographic surveys, which are all related or needed in subdividing a land. Land surveyors guide architects, engineers, and land developers; so you see, their job is no joke and is very much crucial. As for your case, a surveyor can help you with the following property boundaries, boundary locations, and all the necessary information that affects land ownership. APRIL 29, 2024 REGISTRATION FOR GOVERNMENT INFRASTRUCTURE PROJECTS Third Stage of Adjustment on Allowable Ranges of Contract Costs (ARCC) and Single Largest Project (SLP) Completed/T Track Record Requirements (Board Resolution No. 201 series of 2017) Size Range License Category Single Largest Allowable Project (Php) Ranges of Contract Costs (Php) Large B AAAA and AAA Above 225 < or above 450 million million Large A AA Above 150 Up to 450 million million up to 225 million Medium B A Above 75 million Up to 500 million up to 150 million Medium A B Above 15 million Up to 150 million up to 75 million Small B C&D < 15 million Up to 50 million Small A Trade/ E Up to 1 million Up to 1 million CLASSIFICATION Specialty • Elevator and Escalator Work • Fire Protection Work • Waterproofing Work • Painting Work • Well-drilling Work • Navigational Facilities • Communication Facilities • Foundation Work • Structural Steel Work • Concrete-Pre-casting Work and Pre-stressing • Plumbing and Sanitary • Electrical Work • Mechanical Work • Air-conditioning and Refrigeration Work General Building EQUIVALENT PROJECT END Elevator and Escalator Work Fire Protection Work Waterproofing Work Painting Work Well-drilling Work Navigational Facilities Communication Facilities Foundation Work Structural Steel Work Concrete-Pre-casting Work and Pre-stressing • Plumbing and Sanitary • Electrical Work • Mechanical Work • Air-conditioning and Refrigeration Work ▪ (GB-1) Building & Industrial Plant ▪ (GB-2) Sewerage & Sewerage Treatment / Disposal Plant & System ▪ (GB-3) Water Treatment Plant & System • • • • • • • • • • (GB-4) Park, Playground & Recreational Work ❖ (GE-1) Roads, Highway pavement, Bridges, Airport Horizontal Structure, and Railways ❖ (GE-2) Irrigation and Flood Control ❖ (GE-3) Dam, Reservoir, and Tunneling ❖ (GE-4) Water Supply ❖ (GE-5) Port, Harbor & Offshore Engineering ▪ General Engineering GUIDELINES FOR REGISTRATION FOR GOVERNMENT INFRASTRUCTURE PROJECTS (ARC) Also known as "Inter-Agency" or "Government Registration" or "ARCC", for brevity. • PCAB license (New/Renewal of Regular) must be applied first before the ARCC. • ARCC is limited to regular license contractors with 60%-40% Filipino Foreign equity. • ARCC is valid for three (3) years. • Project kind must have an equivalent approved classification (General Building, General Engineering, Specialty). • For new applicants for ARCC, the default size range is Small A • The means of checking the qualification is through Track Record - Single Largest Projects (SLP) completed per project kind (Medium A to Large B. PCAB FUNCTIONS • PCAB (RA No. 4566, s. 1965) • Classify and qualify applicants for contractors' licenses by written or oral examination, or both, and require an applicant to show at least two years of experience in the construction industry, and knowledge of the building, safety, health and Philippine laws and the rudimentary administrative principles of the contracting business, deemed necessary for the safety of the contracting business and the public; and • Discharge such other powers and duties affecting the construction industry in the Philippines. • PCAB (RA No. 4566, s. 1965) • Issue, suspend and revoke licenses of contractors; • Investigate such violations on RA No. 4566 and the regulations thereunder as may come to its knowledge and issue subpoena and subpoena duces tecum to secure the appearance of witnesses in connection with the charges presented to the Board; • Adopt a code of ethics for contractors; • Adopt reasonably necessary rules and regulations to effect the classification of contractors in a manner consistent with established usage and procedure as found in the construction business, and may • limit the field and scope of the operations of a licensed contractor to those in which he is classified to engage, CIAP – CONSTRUCTION INDUSTRY AUTHORITY OF THE PHILIPPINES PD No. 1746 (Creating the Construction Industry pm Authority of the Philippines) dated 28 November 1980 - created the CIAP to promote, accelerate and regulate the growth and development of the construction industry in conformity with national goals. It shall exercise authority, jurisdiction and supervision over the following agencies which shall act as its implementing arms (IAs): • Philippine Domestic Construction Board (PDCB) - to formulate, recommend and implement policies, rules, regulations and guidelines and adjudicate disputes arising from public construction projects. • Construction Manpower Development Foundation (CMDF) - to formulate an overall construction manpower development plan and strategies and develop and implement manpower training programs for the construction industry, among others. It shall exercise authority, jurisdiction and supervision over the following agencies which shall act as its implementing arms (IAs): • Philippine Contractors Accreditation Board (PCAB) - to assume the functions of the abolished Philippine Licensing Board for Contractors under RA 4566 (Contractors License Law) • Philippine Overseas Construction Board (POCB) - to formulate, policies, plans, programs and strategies for developing the Philippine overseas construction industry; regulate and control the participation of construction contractors in overseas construction projects; and administer the grant of incentives for Filipino overseas contractors. CIAP FUNCTIONS • Establish procedures, guidelines and criteria for fair and expeditious adjudication and settlement of claims and disputes in contract implementation; • Promote construction manpower training to supplement the manpower training efforts of the private sector, through the centralization of programming and coordination of activities of all government agencies; • Establish a funding mechanism with the private sector to promote and develop the construction industry; • Perform such other functions necessary to achieve its objectives • Enforce relevant and reasonable rules and requirements, as well as, implement practicable and efficient procedures for prequalification of public projects; • Recommend and encourage the adoption of equipment and realistic contract conditions for construction; • Seek the adoption of credit and other financing policies necessary for sustaining the continued and orderly development of the construction industry and for supporting Filipino contractors particularly those involved in overseas constructions; • • • • • Identify and recommend other incentives necessary to support overseas construction; Evolve an overall strategy and exercise centralized authority for the optimum development hent of the construction industry; Monitor and study the operations of the construction industry both here and abroad, to Identify its needs, problems and opportunities and to recommend and/or Implement policies, legislations, programs and measures to support the development of the Industry; Rationalize Investments in the construction industry in accordance with national Investment priorities and development needs; Establish criteria for the classification and categorization of contractors which accurately reflect their contracting capacity and performance capability.