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.

LIST OF WINNERS AND HIGHLY COMMENDED AWARDEES

7th PropertyGuru Philippines Property Awards 2019

DEVELOPER AWARDS

Best Developer

• WINNER: Cebu Landmasters, Inc. 

Best Boutique Developer

• WINNER: Torre Lorenzo Development Corporation
• HIGHLY COMMENDED: RFK Holdings Incorporated 

SPECIAL AWARDS

Special Recognition in CSR

• WINNER: Alveo Land
• WINNER: ArthaLand Corporation
• WINNER: Cebu Landmasters, Inc.
• WINNER: Century Properties Group Inc. (CPG)
• WINNER: Grand Land Inc.
• WINNER: SM Development Corporation 

Special Recognition in Sustainable Development

• WINNER: Alveo Land
• WINNER: ArthaLand Corporation 

Special Recognition in Design and Construction

• WINNER: ArthaLand Corporation

Special Recognition for Public Facility

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

Special Recognition in Digital Innovation

• 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)

DEVELOPMENT AWARDS

Best High End Condo Development (Metro Manila)

• 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 

Best Mid End Condo Development (Metro Manila)

• 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 

Best Mid Range Condo Development (Metro Manila)

• 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 

Best High Rise Affordable Condo Development (Metro Manila)

• 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 

Best Low Rise Affordable Condo Development (Metro Manila)

• WINNER: Trees Residences by SM Development Corporation 

Best Condo Development (Greater Manila)

• WINNER: Park Residences by SM Development Corporation
• HIGHLY COMMENDED: Cheer Residences by SM Development Corporation
• HIGHLY COMMENDED: Hope Residences by SM Development Corporation 

Best High End Condo Development (Cebu)

• WINNER: 38 Park Avenue by Cebu Landmasters, Inc.
• HIGHLY COMMENDED: Galleria Residences by Robinsons Land Corporation
• HIGHLY COMMENDED: Solinea by Alveo Land 

Best Affordable Condo Development (Cebu)

• 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. 

Best High End Condo Development (Davao)

• WINNER: Dusit Thani Residence Davao, Davao City by Torre Lorenzo Development Corporation
• HIGHLY COMMENDED: Abreeza Place by Alveo Land 

Best Mid End Condo Development (Davao)

• WINNER: Amani Grand Citygate Davao by Grand Land Inc.
• HIGHLY COMMENDED: MesaTierra Garden Residences by Cebu Landmasters, Inc. 

Best Housing Development (Resort Destination)

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

Best Retail Development

• WINNER: Festive Walk Mall by Megaworld Corporation
• HIGHLY COMMENDED: Southwoods Mall by Global-Estate Resorts, Inc. (GERI) 

Best Office Development

• 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 

Best BPO Office Development

• WINNER: World Commerce Place by Megaworld Corporation
• HIGHLY COMMENDED: Damosa Diamond Tower by Damosa Land, Inc. 

Best Mixed Use Development

• 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. 

Best Township Development

• WINNER: Uptown Bonifacio by Megaworld Corporation 

Best Green Development

• WINNER: ArthaLand Century Pacific Tower by ArthaLand Corporation 

Best Universal Design Development

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

DESIGN AWARDS

Best Luxury Condo Interior Design

• WINNER: Uptown Arts Residence by Megaworld Corporation

Best High End Condo Architectural Design

• WINNER: High Park by Alveo Land
• HIGHLY COMMENDED: Air Residences by SM Development Corporation
• HIGHLY COMMENDED: Coast Residences by SM Development Corporation

Best High End Condo Interior Design

• WINNER: Air Residences by SM Development Corporation
• HIGHLY COMMENDED: Coast Residences by SM Development Corporation
• HIGHLY COMMENDED: Shore Residences by SM Development Corporation

Best Mid End Condo Interior Design

• WINNER: The Magnolia Residences by Robinsons Land Corporation
• HIGHLY COMMENDED: Fame Residences by SM Development Corporation

Best Condo Architectural Design (Cebu)

• WINNER: ARC TOWERS by ABC PRIME Inc.

Best Condo Landscape Architectural Design

• WINNER: Shore Residences by SM Development Corporation
• HIGHLY COMMENDED: Fame Residences by SM Development Corporation
• HIGHLY COMMENDED: Vine Residences by SM Development Corporation

Best Commercial Landscape Architectural Design

• WINNER: Southwoods Mall by Global-Estate Resorts, Inc. (GERI)
• HIGHLY COMMENDED: Cebu Exchange by ArthaLand Corporation

Best Hotel Interior Design

• WINNER: D2, Davao City by Torre Lorenzo Development Corporation
• HIGHLY COMMENDED: Twin Lakes Hotel by Global-Estate Resorts, Inc. (GERI)

Best Office Architectural Design

• WINNER: Damosa Diamond Tower by Damosa Land, Inc.

Best Township Masterplan Design

• WINNER: McKinley West by Megaworld Corporation
• HIGHLY COMMENDED: Arcovia City by Megaworld Corporation

Best Co-Working Space

• WINNER: Spaces World Plaza by Spaces

BEST OF THE PHILIPPINES AWARDS

Best Condo Development (Philippines)

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

Best Housing Development (Philippines)

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

PUBLISHER’S CHOICE

Philippines Real Estate Personality of the Year

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

Published in PropertyGuru Asia Property Awards website