Cebu, Davao developers make a splash at glittering 7th PropertyGuru Philippines Property Awards 2019

MANILA, Philippines ­­–– 5 July 2019: The Philippines’ finest developers from Luzon, Visayas and Mindanao have been accorded the real estate industry’s highest honours at the 7th Annual PropertyGuru Philippines Property Awards, presented by global brand Kohler at an exclusive gala dinner and ceremony on Friday, 5 July 2019, at the Fairmont Makati hotel.

Cebu Landmasters, Inc earned the highest honour for Best Developer, besting established industry names. The company chaired by Jose R. Soberano III earlier this year reported increased earnings of 23 percent as it continues to focus on quality mid- to high-end properties.

“Cebu Landmasters projects capture the imagination magnificently, winning Best High End Condo Development (Cebu) for New-York-inspired 38 Park Avenue, whilst the wellbeing of residents’ lifestyles extends out to the community attracting a Special Recognition in Corporate Social Responsibility (CSR) award for an emerging, world-class developer,” said the independent panel of judges.

Manila-based Torre Lorenzo Development Corporation, the team behind two new Dusit-branded properties in Davao, won a grand slam of four trophies, including the award for Best Boutique Developer, further boosting its regional profile amongst real estate investors. Torre Lorenzo’s Dusit Thani Residence Davao is the first Best Housing Development (Philippines) winner to be located in Mindanao.

The main highlight of the black-tie ceremony was the presentation of the 2019 Philippines Real Estate Personality of the Year award to the biggest name in Philippine real estate and business sectors: the late Henry Sy Sr, and the entire Sy Family of SM Investments Corporation, who are celebrating the 25th anniversary as a publicly listed company on the Philippine Stock Exchange.

The prestigious ‘Real Estate Personality of the Year’ title is traditionally given to an individual by the editors of PropertyGuru Property Report magazine, but the team made an exception this year to recognise the Sy Family and their immense and invaluable contributions and legacy not only in the Philippines but across Asia.

The remarkable achievements of Henry Sy Sr and his family include building a small shoe store business, which became “ShoeMart” or “SM”, leading to the establishment of more than 70 SM Supermalls in the region. The SM Group today includes 2015 Best Developer winner SM Prime Holdings, SM Development Corporation, resorts, offices, banking, and other businesses. Sy passed away in January 2019 at 94 years old as the richest man in Southeast Asia.

Sy’s grandson, Hans Sy, Jr, president of SM Engineering Design and Development Corp (SMEDD) and other Sy family members were joined by SM’s top executives at the gala dinner to accept the special award from PropertyGuru Group’s executive leadership team.

Three-time Best Developer titleholder Megaworld Corporation and its subsidiaries Empire East Land Holdings Inc and Global-Estate Resorts, Inc. (GERI) collected a total of 12 golden trophies, including the Best Housing Development (Philippines) award for Newcoast Village by GERI.

Other big winners and Highly Commended awardees include green developer ArthaLand Corporation (5 wins), Ayala-owned Alveo Land (4 wins), and Grand Land (2 wins).

A total of 39 competitive awards and special honours were presented at the annual ceremony and gala dinner, after a rigorous and independent selection process, supervised site visits and deliberations overseen by BDO Roxas, Cruz, Tagle & Co.

Special awards in 2019 include accolades for Corporate Social Responsibility (CSR), Sustainable Development, and Design and Construction, as well as the Special Recognition for Public Facility to the already-operational Parañaque Integrated Terminal Exchange (PITX) by the consortium MWM Terminals, Inc.

In addition, a new Special Recognition in Digital Innovation was awarded to FireCheck, an “urban fire hazard mapping and fire spread modelling” project developed by young research professionals and select students of the University of the Philippines Cebu and backed by the Philippine Council for Industry, Energy, and Emerging Technology Research and Development (DOST-PCIEERD). UP Cebu Chancellor Atty. Liza D. Corro supported project leader Prof. Aileen O. Vicente to accept the honour.

Highly regarded as the gold standard for excellence in Philippine real estate, recognising development, design and innovation, the annual PropertyGuru Philippines Property Awards programme has been held since 2013. Main category winners are now eligible to compete for more international accolades at the PropertyGuru Asia Property Awards Grand Final ceremony to be held in Bangkok, Thailand in November 2019 with representation from more than a dozen property markets around Asia-Pacific region.

Hari V. Krishnan, Chief Executive Officer of PropertyGuru Group, said: “Congratulations to all the awardees at this year’s PropertyGuru Philippines Property Awards. It is indeed an exciting time for the country’s real estate sector, with developers and non-developers pursuing innovation and using new technologies and best practices to provide consumers quality projects and experiences, and investment opportunities in the biggest metropolitan areas and resort destinations across the country. I’m delighted that the awards continue to build its reputation as the trusted gold standard in real estate in its seventh year.”

The 2019 PropertyGuru Philippines Property Awards was supported by platinum sponsor Kohler; gold sponsor Hitachi Elevators & Escalators; official newspaper The Philippine STAR; official broadcaster ANC, The ABS-CBN News Channel; official magazine PropertyGuru Property Report; media partners BluPrint, Condo Living, Entrepreneur Philippines, and Esquire Money; supporting association British Chamber of Commerce in the Philippines; official supplier Titania Wine Cellar Inc; and official supervisor BDO Roxas, Cruz, Tagle & Co, part of the award-winning global network of BDO. Media personality Issa Litton returned as master of ceremonies. Hosted by awards director Jules Kay, the event is part of the PropertyGuru Asia Property Awards series.

The independent judging panel consisted of respected names in the industry, led by chairperson Christophe Vicic, Country Head, JLL Philippines, with: Arch. Carmelo T. Casas, President & CEO, Casas+Architects, Inc; Carlo Cordaro, President & CEO, Atelier A; Cyndy Tan Jarabata, President, TAJARA Leisure & Hospitality Group Inc; Jaime A. Cura, PhD, Vice-Chairman, The RGV Group of Companies; Jean Jacquelyn Nathania A. de Castro, CEO, ESCA Incorporated; and Ramon Fernando D. Rufino, Co-President, The Net Group. The lead supervisors are Jarred D. Perena, Partner, and Michael D. Roxas, Chairman and Managing Partner & International Liaison Partner, BDO Roxas, Cruz, Tagle & Co.

For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com

WINNER: Cebu Landmasters, Inc.

WINNER: Torre Lorenzo Development Corporation

HIGHLY COMMENDED: RFK Holdings Incorporated

WINNER: Alveo Land

WINNER: ArthaLand Corporation

WINNER: Cebu Landmasters, Inc.

WINNER: Century Properties Group Inc. (CPG)

WINNER: Grand Land Inc.

WINNER: SM Development Corporation

WINNER: Alveo Land

WINNER: ArthaLand Corporation

WINNER: ArthaLand Corporation

WINNER: Parañaque Integrated Terminal Exchange (PITX) by MWM Terminals, Inc.

WINNER: FireCheck by the University of the Philippines Cebu and the Department of Science and Technology-Philippine Council for Industry, Energy and Emerging Technology Research and Development (DOST-PCIEERD)

WINNER: High Park by Alveo Land

HIGHLY COMMENDED: Air Residences by SM Development Corporation

HIGHLY COMMENDED: Portico by Alveo Land

HIGHLY COMMENDED: Shore Residences by SM Development Corporation

WINNER: San Lorenzo Place by Empire East Land Holdings Inc.

HIGHLY COMMENDED: Fame Residences by SM Development Corporation

HIGHLY COMMENDED: Pixel Residences by Aseana Holdings, Inc

WINNER: Field Residences Buildings 5 and 6 by SM Development Corporation

HIGHLY COMMENDED: Covent Garden by Empire East Land Holdings Inc.

HIGHLY COMMENDED: South Residences by SM Development Corporation

WINNER: Cambridge Village by Empire East Land Holdings Inc.

HIGHLY COMMENDED: The Rochester by Empire East Land Holdings Inc.

HIGHLY COMMENDED: Vine Residences by SM Development Corporation

WINNER: Trees Residences by SM Development Corporation

WINNER: Park Residences by SM Development Corporation

HIGHLY COMMENDED: Cheer Residences by SM Development Corporation

HIGHLY COMMENDED: Hope Residences by SM Development Corporation

WINNER: 38 Park Avenue by Cebu Landmasters, Inc.

HIGHLY COMMENDED: Galleria Residences by Robinsons Land Corporation

HIGHLY COMMENDED: Solinea by Alveo Land

WINNER: BLOQ Residences by RFK Holdings Incorporated

HIGHLY COMMENDED: ARC TOWERS by ABC Prime Inc.

HIGHLY COMMENDED: Casa Mira Towers Labangon by Cebu Landmasters, Inc.

WINNER: Dusit Thani Residence Davao, Davao City by Torre Lorenzo Development Corporation

HIGHLY COMMENDED: Abreeza Place by Alveo Land

WINNER: Amani Grand Citygate Davao by Grand Land Inc.

HIGHLY COMMENDED: MesaTierra Garden Residences by Cebu Landmasters, Inc.

WINNER: Newcoast Village by Global-Estate Resorts, Inc. (GERI)

WINNER: Festive Walk Mall by Megaworld Corporation

HIGHLY COMMENDED: Southwoods Mall by Global-Estate Resorts, Inc. (GERI)

WINNER: ArthaLand Century Pacific Tower by ArthaLand Corporation

HIGHLY COMMENDED: Century Diamond Tower by Century Properties Group Inc. (CPG)

HIGHLY COMMENDED: Damosa Diamond Tower by Damosa Land, Inc.

HIGHLY COMMENDED: The Stiles Enterprise Plaza by Alveo Land

WINNER: World Commerce Place by Megaworld Corporation

HIGHLY COMMENDED: Damosa Diamond Tower by Damosa Land, Inc.

WINNER: Arcovia City by Megaworld Corporation

HIGHLY COMMENDED: Century Spire by Century Properties Group Inc. (CPG)

HIGHLY COMMENDED: The Grand Citygate Daveo by Grand Land Inc.

WINNER: Uptown Bonifacio by Megaworld Corporation

WINNER: ArthaLand Century Pacific Tower by ArthaLand Corporation

WINNER: Cambridge Village by Empire East Land Holdings, Inc.

WINNER: Uptown Arts Residence by Megaworld Corporation

WINNER: High Park by Alveo Land

HIGHLY COMMENDED: Air Residences by SM Development Corporation

HIGHLY COMMENDED: Coast Residences by SM Development Corporation

WINNER: Air Residences by SM Development Corporation

HIGHLY COMMENDED: Coast Residences by SM Development Corporation

HIGHLY COMMENDED: Shore Residences by SM Development Corporation

WINNER: The Magnolia Residences by Robinsons Land Corporation

HIGHLY COMMENDED: Fame Residences by SM Development Corporation

WINNER: ARC TOWERS by ABC PRIME Inc.

WINNER: Shore Residences by SM Development Corporation

HIGHLY COMMENDED: Fame Residences by SM Development Corporation

HIGHLY COMMENDED: Vine Residences by SM Development Corporation

WINNER: Southwoods Mall by Global-Estate Resorts, Inc. (GERI)

HIGHLY COMMENDED: Cebu Exchange by ArthaLand Corporation

WINNER: D2, Davao City by Torre Lorenzo Development Corporation

HIGHLY COMMENDED: Twin Lakes Hotel by Global-Estate Resorts, Inc. (GERI)

WINNER: Damosa Diamond Tower by Damosa Land, Inc.

WINNER: McKinley West by Megaworld Corporation

HIGHLY COMMENDED: Arcovia City by Megaworld Corporation

WINNER: Spaces World Plaza by Spaces

WINNER: Dusit Thani Residence Davao, Davao City by Torre Lorenzo Development Corporation

WINNER: Newcoast Village by Global-Estate Resorts, Inc. (GERI)

WINNER: Henry Sy, Sr. and Family, SM Investments Corporation

For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com

PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of industry excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, fair and transparent.

In 2019, the Awards is open to more than a dozen property markets around the region. With gala dinners hosting up to 600 senior industry leaders to recognise excellence within each Asian market, each local awards culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place alongside the PropertyGuru Asia Real Estate Summit in Bangkok in November 2019.

For more information, please visit AsiaPropertyAwards.com

PropertyGuru Group is Asia’s leading property technology company and the preferred destination for over 25 million property seekers to find their dream home, every month. PropertyGuru and its group companies empower property seekers with the widest option of more than 2 million homes, in-depth insights and solutions that enable them to make confident property decision across Singapore, Malaysia, Thailand, Indonesia and Vietnam.

PropertyGuru.com.sg was launched in 2007 and revolutionised the Singapore property market by taking it online and made property search transparent for the property seeker. Over the decade, the group has grown from a regional property media powerhouse to a high-growth technology company with a robust portfolio of No.1 property portals, award-winning mobile apps; best-in-class developer sales enablement platform and a host of industry-leading property offerings including awards, events and publications across Asia.

For more information, please visit PropertyGuruGroup.com