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TOP 10 PROPERTY DEVELOPERS IN THE PHILIPPINES

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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.
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