The Philippine real estate industry has been undergoing positive changes in the past decade. The country’s increasing population, rising economy, and corresponding growth in the middle class are all factors that have contributed to this positive development. Moreover, there exist several noteworthy real estate companies in the Philippines. The nation’s top developers are making groundbreaking innovations that will change the real estate development landscape for years to come. It is essential to learn about the leading real estate developers if you want to buy a house, rent a condominium or invest in real estate projects.
Here are a list of the top six real estate developers of the Philippines:
One of the country’s most prominent real estate developers, Ayala Land Inc., has headquarters in the heart of Makati. Despite being a century-old company, it has operated independently since 1988 as a real estate division of Ayala Corporation.
As a result, they have a lengthy history and a lot of experience. Ayala Land is engaged in landbank management and the construction and maintenance of shopping malls, hotels, and resorts. Perhaps most noteworthy, they construct many residential condominiums and housing developments.
DMCI Homes, formerly known as DMCI Project Developers Inc, is one of the Philippines’ most prominent real estate developers. David Consunji created it in 1994, and it is headquartered in Manila.
DMCI is most known for developing low-cost condominiums in Metro Manila, but it also constructs residential complexes, hotels, resorts, shopping malls, casinos, hospitals, and motorways.
Filinvest Land is a well-known developer in the Philippines. Filinvest Development Corporation, the parent company, was founded in 1955. Since then, it has constructed a wide range of commercial, residential, and recreational properties across the Philippines.
The corporation, like the others on this list, is financially sound. It’s constantly profitable, and it’s working on several new projects, including Studio City.
Andrew Tan’s Megaworld Corporation is another well-known name in the real estate market. As Ayala Land is proud of Makati City and BGC, Megaworld is proud of Eastwood City and Mckinley Hill, two prestigious and exclusive areas still being built over time.
With so many projects under its belt—from low-cost to high-end accommodations—no, it’s a surprise that Megaworld’s clientele has grown steadily over the years.
RLC continues to demonstrate its impressive portfolio and market reach in the Philippines’ real estate industry, having been crowned Asia’s best-managed company. With years of experience under its belt, there’s no doubt that Gokongwei was able to assist RLC in becoming one of the country’s most dependable condominium developers.
Shopping malls, hotels, office buildings, resorts, condominiums, and townships are all developed by Robinsons Land. In addition, they came in fifth place among the finest condominium developers.
The primary business of SM Prime is the construction and management of shopping malls both in the Philippines and in other countries such as China. The corporation also develops and manages offices, convention centers, and hotels. The company generally owns mid-to high-rise apartment buildings, but it is also building larger housing projects at the moment.
Many real estate developers have risen to stardom in the Philippine industry. We’ve listed down just some of them here. If you want to invest in a property or build a home for yourself and your family, these developers may help you out. You can check out these developers today if you’re interested in investing in Philippine real estate.