Megaworld wins big in Property Awards 2017

In Photo: Megaworld’s senior vice president and Commercial Division head Kevin L. Tan (left) and chief operating officer Lourdes Gutierrez-Alfonso (center) receives the best developer award this year for Megaworld Corp., presented by Department of Tourism Secretary Corazon T. Teo (right).

ANDREW TAN-LED property firm Megaworld Corp. won scores of accolades—the most for an industry player—including the Best Developer trophy during the recently concluded Property Guru Philippines Property Awards 2017 held at the Fairmont Makati ballroom. This is the company’s back-to-back win for such main category. It also bagged eight other gongs and special awards, plus 17 Highly Commended honors, out of 25 nominations.

“The blueprint for Megaworld’s success is not only apparent in its pioneering integrated urban township concept that’s been perfected for many years, but also in its dedication to nation-building by introducing the world-class developments in provincial areas,” said JLL Philippines Chairman Lindsay J. Orr, who led the 10-member judging panel.

Taking home the most numbers of awards, Megaworld’s success could be attributed to its projects that are known for high-quality aesthetics, sustainable and environment-friendly features. According to the panel, the real-estate company has excelled in producing some of the industry’s best designs and commercial development, thus, earning anew the most coveted prize of Best Developer this year.

Among other recognitions, the publicly listed firm won the Best Universal Design Development, a new category that was bestowed to its low-rise project St. Moritz Private Estates, which has been cited for promoting cosmopolitan features underlined by Filipino ethnic accents, as well as topnotch amenities and recreational facilities suited for all age groups and families.

Provincial developers were, likewise, feted for their unwavering support and efforts to further advance the real-estate industry’s growth not only in the metropolis, but also in the countryside. “Although Manila remains the heart of the real-estate industry, quality developments can now be found everywhere in the country,” said Terry Blackburn, founder and managing director of the PropertyGuru Asia Property Awards, in his opening remarks.

“As well as residential development giving more and more Filipinos the chance to own their own home for the first time, economic growth continues to be supported by world-class retail and office developments,” he added.

From the Queen City of the South, AppleOne Properties Inc. got the award for Best Condo Development (Cebu) for AppleOne Banawa Heights.

While it received a Highly Commended honor in 2016, continuous development has allowed the project to compete again this year, which the judges noted for introducing many firsts for Cebu, including its nature-centric approach to development, 70-percent open space, keyless entry, and a total of five swimming pools and three gymnasiums at the property.

Damosa Land, on the other hand, pocketed the gong for Best Residential Development (Davao) for the “functional and innovative” Damosa Fairlane, which features various “pocket parks” throughout the property and open, green spaces that evoke residential communities in the 1950s. This developer beat another project of its own in the same category.

In recognition of the pivotal role of the business-process outsourcing (BPO) in driving the continuous growth of the real-estate sector, the Best BPO Office Development was also given to an excellent developer in this segment. Scape by Prince Allumer Development Corp. bested its competitors for integrating many green elements and resource efficient amenities.

Robinsons Land Corp. President Frederick D. Go was handpicked by the editors of Property Report magazine as the 2017 Philippines Real Estate Personality of the Year for “leading the company that transforms people’s dreams into reality through real-estate projects that last generations”. “We want to leave a legacy of having improved the quality of life of everyone we have touched in our businesses, whether they are a mall customer or partner, an occupant in our office buildings, a hotel guest or a homeowner,” Go said. “We are building the business of building dreams and making life better.”

A total of 29 Winners and 35 Highly Commended recipients were recognized during the exclusive black-tie rite that cited established and up-and-coming developers from Luzon, the Visayas and Mindanao that are increasingly paying more attention to green features and sustainability.

The main category winners are now advancing to the seventh annual PropertyGuru Asia Property Awards grand final in Singapore this November at the Sands Expo and Convention Centre, where they will compete with 15 other markets in the region and be crowned the “Best in Asia”.

“I would like to congratulate the Winners and Highly Commended companies and projects at this year’s PropertyGuru Philippines Property Awards. Continued commitment to the property sector’s growth definitely fuels progress and the Philippine real-estate market has shown a lot of promise on this front,” said Hari V. Krishnan, CEO of PropertyGuru Group.

“At the same time, there are lots of opportunities for growth and improvement, specifically on transparency and sustainability. As developers across the archipelago become more focused on their goals, I can see a fantastic future for the industry and it will be great to witness its ongoing transformation into a regional real-estate player with outstanding and innovative commercial and residential offerings,” he stressed.

Returning for its fifth year this 2017, the PropertyGuru Philippines Property Awards is part of the regional Asia Property Awards program established in 2005.

Previous articleLG goes for the win with the G6
Next articleYour premier mountain resort investment
Roderick L. Abad graduated from Pamantasan ng Lungsod ng Maynila, with a degree course in Bachelor of Arts in Mass Communication. He has 12 years of journalism experience, starting as a Special Features Writer in a major daily newspaper. In 2006, he moved to the BusinessMirror in the same capacity and, eventually, became a beat reporter. To his credit, he was a finalist in the 2011 Holcim Journalism Awards for Sustainable Construction and the 2013 Lasallian Scholarum Awards. He remains affiliated with the BusinessMirror as a contributor.