FNG brings Japanese standards to the Philippine property market
Evolving lifestyles and the search for well-designed, livable spaces are reshaping the country’s real estate landscape. As central business districts grow denser, new developments are racing to meet the demand for modern homes.
Federal Land NRE Global, Inc. (FNG), a partnership between Federal Land, Inc. and Japan-based Nomura Real Estate Development Co., Ltd. (NRE), has quickly emerged as a force in the industry. Since its launch in 2022, FNG has focused on residential and mixed-use projects blending Japanese and Filipino expertise.
Partnership built on a common goal
The collaboration between Federal Land and NRE is built on a shared goal: to make life better for our customers through developments that are meaningful for generations. With this foundation, FNG has grown a portfolio of projects that showcase Japanese innovation while responding to the aspirations of Filipino homeowners.
One of its latest projects is The Observatory, a 4.5-hectare mixed-use development in Mandaluyong. Strategically located near Ortigas, Makati, and BGC, the project brings together residences, retail, and lifestyle spaces. Its first tower, Sora, takes inspiration from Tokyo’s Shibuya district and offers flexible layouts for professionals and young families.
The Observatory Sales Pavilion along Pioneer Street in Mandaluyong showcases the project through scaled models, interactive tools, and virtual walkthroughs. To complete the experience, Japanese brands such as UCC Mentore, MOS Burger, and CoCo Ichibanya are featured in the showroom, offering visitors a taste of the culture that inspires their development.
Developing projects beyond Metro Manila
FNG is also extending its reach outside the capital with Yume at Riverpark, an 18-hectare residential community in General Trias, Cavite.
Yume at Riverpark is designed around wellness and community living, featuring wide open spaces, landscaped areas, and a clubhouse designed by UDS Japan and architect Ed Calma. Amenities include a pool, function rooms, fitness areas, and a Japanese garden, complemented by long-term plans for a school, church, and adventure park that will cater to residents of various life stages, such as those starting families or enjoying their retirement. Its house-and-lot product line is also unveiling soon, with curated designs to choose from that match lifestyles and life stages.
It also sits near the Cavite-Laguna Expressway (CALAX), making the project easily accessible. Future interchanges at Riverpark North and South are set to connect directly to the development.
Riverpark is also positioned as a hub for commerce and retail, designed to support the local economy and create employment opportunities. In 2024, FNG partnered with Fast Retailing Philippines to build UNIQLO’s logistics center at Riverpark North. The same year, it teamed up with SM Prime Holdings to begin construction of SM City General Trias.
Commercial parcels in Riverpark North have been in strong demand, with the first phase selling out during its exclusive launch. FNG is preparing for the second phase to meet the interests of firms looking south of Metro Manila for growth opportunities.
Balancing tradition and Balancing tradition and innovation
In just three years, FNG has gained recognition across the region. In 2024, it was named Best Breakthrough Developer at the 19th PropertyGuru Asia Property Awards, while Yume at Riverpark won Best Subdivision Development at the 12th PropertyGuru Philippines Property Awards.
The company applies Japanese principles such as kaizen—continuous improvement—across planning, design, and operations. This approach emphasizes efficient use of space, integration of greenery, and comfort-driven layouts while maintaining awareness of how Filipinos build communities. The result is a culture that promotes high standards while remaining aware of community needs.
From vision to legacy
FNG’s strength lies in the experience of its parent companies. Federal Land has completed multiple projects across the country, ranging from luxury condominiums to affordable homes, and continues to shape key urban landscapes.
Nomura Real Estate, meanwhile, has been a leading player in Japan since the 1950s, with expertise spanning housing, leasing, property management, and real estate investment.
Together under FNG, the two groups are working on projects covering more than 250 hectares across Metro Manila, Cavite, and soon, in Cebu—carrying forward a vision of communities that balance tradition, innovation, and a global standard of living.
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