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🏆 SHDA members have been recognized as the top real estate developers by Pag-IBIG Fund for 2023! Celebrate the excellence in housing development! 🎉

PRESS RELEASE

SHDA Members Named Top Real Estate Developers by Pag-IBIG Fund for 2023

Philippines – The Pag-IBIG Fund (HDMF) has honored top real estate developers from the Subdivision and Housing Developers Association (SHDA) in its 2023 Stakeholders’ Accomplishment Report (StAR), recognizing these members as leaders in various categories.

8990 Housing Development Corporation was awarded the top spot as the Pag-IBIG Fund Top Developers for 2023. The New APEC Group of Companies secured second place, followed by Raemulan Lands, Inc. in third. The Axeia Group of Companies came in fourth while Fiesta Communities, Inc. and Hausland Group took fifth place. Borland Development Corporation was ranked sixth, Homemark Group of Companies was named ninth, and Lynville Land Development Corporation completed the top ten in tenth place.

SHDA members were also recognized as among the top ten developers in North Luzon with The New APEC Group of Companies bagging second place, followed by 8990 Group of Companies at third place. Borland Development Corporation was awarded sixth place, Prima Casa Land and House Inc., and Affiliates took seventh, Kirkwood Development Corporation came in eight, and P.A. Alvarez Properties and Development Corporation & Affiliates landing at ninth place.

For the National Capital Region (NCR),  the 8990 Group of Companies topped the list of Top Ten Developers for 2023. Raemulan Lands, Inc. and Axeia Group of Companies followed in second and third places. Homemark Group of Companies was awarded  fourth place, The New Apec Group of Companies fifth, and Charles Builders Group of Companies sixth. At eight place is Borland Development Corporation with Citihomes Builders and Kaia Homes rounding out the top ten in tenth place.

Special awards were also presented to Raemulan Lands, Inc. for having the highest number of units taken out. Borland Development Corporation received the award for the highest performing loans ratio, and Citihomes Builders & Kaia Homes were honored for achieving the highest performing accounts ratio. Additionally, 8990 Housing Development Corporation was acknowledged for serving the highest number of members, John Dorf Ventures Corporation was recognized for Mindanao, and Saekyung Realty Corporation for Visayas.

“These recognitions are a testament to the dedication and hard work of our member-developers. Their achievements reflect their commitment to excellence and underscore the significant impact our association has on housing development. We are incredibly proud of their accomplishments and look forward to continuing our mission to provide quality housing for Filipinos,” said SHDA Chairman, Arch. Leonardo Dayao Jr.

The event also featured a renewal of Pag-IBIG Fund and its stakeholders’ pledge to integrity, in line with their shared effort to conduct all transactions with utmost professionalism and integrity towards achieving the highest tenets of public service.

The StaR awards, organized by Pag-IBIG Fund, celebrate top developers, employers, service partners, and key stakeholders across five major regions in the country.

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About the Subdivision and Housing Developers Association, Inc. (SHDA)

The Subdivision and Housing Developers Association (SHDA), Inc. is the largest and leading industry association for housing and urban development in the Philippines. We have 350 members nationwide and eight regional chapters: unmatched connections amongst the country’s top players, and a dynamic national network of small and medium developers.

We have actively partnered with the nation’s housing policymakers, key shelter agencies, and stakeholders for over 50 years, thereby developing and strengthening the capabilities of the industry. And with 80% of homes produced annually in the country built by our member developers, we have unparalleled reach amongst Philippine homebuyers.

For more information, visit www. https://shda.ph/.

Conclusion

SHDA members have been honored as the top real estate developers by the Pag-IBIG Fund for 2023, marking a significant achievement in the housing development industry. This recognition highlights the exceptional contributions and leadership of SHDA members in real estate, showcasing their commitment to excellence and innovation. As the leaders in property development, these top developers set a high standard for quality and community-building. Congratulations to the SHDA members for their well-deserved accolades and for continuing to shape the future of real estate.

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