- Cebu Landmasters and Torre Lorenzo Development win the year’s top accolades
- Special Recognition in Digital Innovation presented to UP Cebu-DOST’s FireCheck
- Parañaque Integrated Terminal Exchange (PITX) wins Public Facility award
The Philippines’ finest developers from Luzon, Visayas and Mindanao have been accorded the real estate industry’s highest honors 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.
DESIGN AWARDS
Best Luxury Condo Interior Design
Uptown Arts Residence by Megaworld Corporation
Best High End Condo Architectural Design
High Park by Alveo Land
Best High End Condo Interior Design
Air Residences by SM Development Corporation
Best Mid End Condo Interior Design
The Magnolia Residences by Robinsons Land Corporation
Best Condo Architectural Design (Cebu)
ARC TOWERS by ABC PRIME Inc.
Best Condo Landscape Architectural Design
Shore Residences by SM Development Corporation
Best Commercial Landscape Architectural Design
Southwoods Mall by Global-Estate Resorts, Inc. (GERI)
Best Hotel Interior Design
D2, Davao City by Torre Lorenzo Development Corporation
Best Office Architectural Design
Damosa Diamond Tower by Damosa Land, Inc.
Best Township Masterplan Design
McKinley West by Megaworld Corporation
Best Co-Working Space
Spaces World Plaza by Spaces
BEST OF THE PHILIPPINES AWARDS
Best Condo Development (Philippines)
Dusit Thani Residence Davao, Davao City by Torre Lorenzo Development Corporation
Best Housing Development (Philippines)
Newcoast Village by Global-Estate Resorts, Inc. (GERI
DEVELOPER AWARDS
Best Developer
Cebu Landmasters, Inc.
Best Boutique Developer
Torre Lorenzo Development Corporation
SPECIAL AWARDS
Special Recognition in CSR
Alveo Land
ArthaLand Corporation
Cebu Landmasters, Inc.
Century Properties Group Inc. (CPG)
Grand Land Inc.
SM Development Corporation
Special Recognition in Sustainable Development
Alveo Land
ArthaLand Corporation
Special Recognition in Design and Construction
ArthaLand Corporation
Special Recognition for Public Facility
Parañaque Integrated Terminal Exchange (PITX) by MWM Terminals, Inc.
Special Recognition in Digital Innovation
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)
DEVELOPMENT AWARDS
Best High End Condo Development (Metro Manila)
High Park by Alveo Land
Best Mid End Condo Development (Metro Manila)
San Lorenzo Place by Empire East Land Holdings Inc.
Best Mid Range Condo Development (Metro Manila)
Field Residences Buildings 5 and 6 by SM Development Corporation
Best High Rise Affordable Condo Development (Metro Manila)
Cambridge Village by Empire East Land Holdings Inc.
Best Low Rise Affordable Condo Development (Metro Manila)
Trees Residences by SM Development Corporation
Best Condo Development (Greater Manila)
Park Residences by SM Development Corporation
Best High End Condo Development (Cebu)
38 Park Avenue by Cebu Landmasters, Inc.
Best Affordable Condo Development (Cebu)
BLOQ Residences by RFK Holdings Incorporated
Best High End Condo Development (Davao)
Dusit Thani Residence Davao, Davao City by Torre Lorenzo Development Corporation
Best Mid End Condo Development (Davao)
Amani Grand Citygate Davao by Grand Land Inc.
Best Housing Development (Resort Destination)
Newcoast Village by Global-Estate Resorts, Inc. (GERI)
Best Retail Development
Festive Walk Mall by Megaworld Corporation
Best Office Development
ArthaLand Century Pacific Tower by ArthaLand Corporation
Best BPO Office Development
World Commerce Place by Megaworld Corporation
Best Mixed Use Development
Arcovia City by Megaworld Corporation
Best Township Development
Uptown Bonifacio by Megaworld Corporation
Best Green Development
ArthaLand Century Pacific Tower by ArthaLand Corporation
Best Universal Design Development
Cambridge Village by Empire East Land Holdings, Inc.
PUBLISHER’S CHOICE
Philippines Real Estate Personality of the Year
Henry Sy, Sr. and Family, SM Investments Corporation
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 recognize 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.
