ONLINE property marketplace Lamudi recognized the year’s best real estate developers and projects at The Outlook 2018 Philippine Buyers’ Choice Property Awards.
At the gala dinner on Nov. 15, Bangko Sentral ng Pilipinas (BSP) Deputy Governor Diwa C. Guinigundo said the central bank does not see any signs of a property bubble in the country and expects strong demand for real estate projects to be sustained.
“We believe that there is no substantive evidence of asset price bubble in the Philippine property market nor is there overheating in the macroeconomy as increasing property prices and property demand are supported by favorable economic and market conditions. Our robust macroeconomic fundamentals serve as an anchor for the real estate industry,” he said in speech.
Ayala Land, Inc. bagged the Best Developer of the Year for Luzon award while Megaworld Corporation was named the Best Developer of the Year for Visayas and Mindanao.
The Best Boutique Developer for Visayas and Mindanao was King Properties, Inc., while Primehomes Real Estate Development, Inc. won for Luzon.
For the special awards, Solana Verde of Imperial Homes Corporation was named Best Green Project of the Year, while Miramonti Green Residences of Italpinas Development Corporation was named Best Innovation Project for 2018.
SM Prime Holdings, Inc. President Jeffrey Lim received the award for Personality of the Year.
Here’s the list of properties in Luzon that won awards:
Best Affordable Condo of the Year 2018
Sorrento Oasis of Filinvest, Inc. (Value for Money) and Ridgewood Towers Premier of C5 Mansions Development Corporation (Investment Opportunity)
Best Premium Condo of the Year 2018
Kai Garden Residences of DMCI Homes, Inc (Amenities) and Avida Towers Asten of Avida Land Corporation (Trust and Reputation of Developer)
Best Luxe Condo of the Year 2018
Grand Hyatt Manila Residences of Federeal Land, Inc. (Customer Service) and Copeton Baysuites of Anchor Land Holdings, Inc. (Location)
Best Affordable House of the Year 2018
Claremont of Filinvest Land, Inc.
Best Premium House of the Year 2018
Portofino Alabang of Brittany Corporation
Best Mixed-Use Development of the Year 2018
McKinley Hill of Megaworld Corporation (Amenities and Location) and SM Mall of Asia Complex of SM Prime Holdings, Inc (Investment Opportunity)
Here’s the list of winning properties for Visayas and Mindanao:
Best Affordable Condo of the Year 2018
Amaia Steps Mandaue of Amaia Land Corporation
Best Premium Condo of the Year 2018
Solinea of Alveo Land Corporation
Best House of the Year 2018
Casa Mira South of Cebu Landmasters, Inc.
Best Mixed-Use Development of the Year 2018
Iloilo Business Park of Megaworld Corporation
“The quality of the nominations this year just goes to show that the local property development market is thriving and evolving according to the changing needs of the market. Needless to say, we had a difficult but nonetheless remarkable job of sifting through the submissions as each was deserving of recognition in their own right,” said Bhavna Suresh, chief executive officer of Lamudi Philippines, in a statement.
Now on its second year, The Outlook 2018 is organized by Lamudi to give credit to the best real estate developers and projects in the past year that were chosen through a survey among 10,000 Filipino property seekers.
Lamudi is part of the Rocket Internet Group, an online venture builder. The property platform has over 100,000 listed properties ranging from luxury condominiums to warehouses from Quezon City to Zamboanga. — Vincent Mariel P. Galang
