TWENTY-TWO members of the Subdivision and Housing Developers Association Inc. (SHDA) were recently recognized as top-performing real-estate companies in the Pag-IBIG Fund Virtual Stakeholders’ Accomplishment Report (StAR) for 2021.
The StAR is a yearly event conducted by the state-owned Home Development Mutual Fund or Pag-IBIG Fund in five major regions in the country to honor the stakeholders, service partners, employers, and top developers for their significant contributions to its continued growth.
SHDA members Raemulan Lands, Axeia and Basic Housing, Apec Homes, Homemark Inc., Charles Builders Group of Companies, CenQhomes Development Corp., 8990 Housing Development Corp., DDC Land Inc., and Phinma Properties claimed the leading nine spots respectively for Top Developers in the National Capital Region (NCR) for 2021.
Raemulan Lands was named “best performing loans ratio,” while CenQhomes Development Corp. bagged the “best performing accounts ratio” and “best performing conversion” awards in the NCR.
Included in the top developers for North Luzon were Hausland Group (Top 2), Borland Development Corp. (Top 4), 8990 Housing Development Corp. (Top 5), Apec Homes (Top 7), and P.A. Alvarez Properties/Ventures Inc. (Top 9).
Publicly listed 8990 Housing Development Corp. got the “best performing loans ratio” award, while Borland Development Corp. was cited the “best performing conversion.”
Meanwhile, Lynville Land Development Corp., which won the “best performing conversion” award, was hailed as the top developer in South Luzon along with Apec Homes (Top 3), Pueblo De Oro Development Corp. (Top 9), and P.A. Alvarez Properties / Ventures Inc. (Top 10).
In Visayas, the members of the alliance of private housing developers which dominated the region were 8990 Housing Development Corp. (Top 1), Saekyung (Top 3), Johndorf Ventures Corp. (Top 5), Cebu Land Masters Inc. (CLI) (Top 7), Megacrown Realty and Development (Top 8), and Deo Homes Property and Development Inc. (Top 10).
The “best performing loans ratio” award went to CLI, while the “best performing conversion” accolade was bestowed to Saekyung.
For Mindanao, 8990 Housing Development Corp. emerged as the top developer along with Johndorf Ventures Corp. (Top 2), VCDU Realty Corp. (Top 3), Davao Joyful Homes Realty Corp. (DJHRC) (Top 5), and Phinma Properties (Top 6). The “best performing loans ratio” award was given to DJHRC.
“I would like to reiterate the commitment and partnership of SHDA with HDMF in the fulfillment of our common goal of providing sustainable, resilient, affordable, and decent housing and communities to improve the lives of Filipinos and support our development goals and objectives,”SHDA President May Rodriguez said.
Pag-IBIG Fund highlighted in the virtual event its successful initiatives to help its members, stakeholders, and the nation to bounce back from the many challenges that the ongoing pandemic continues to bring.
It continues to push measures it undertook last year to assist its members in recovering from the effects of the Covid-19 pandemic on their livelihoods, according to Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy Moti.
“From one banner year to another, we have seen the biggest improvements in our operations and the programs we offer to our members these past five years. We have accomplished all our record-high achievements because our dear stakeholders have always been beside us, always involved in building a better Pag-IBIG Fund for the stakeholders it serves. Because we work shoulder to shoulder, we thrive, even amidst a once-in-a-lifetime pandemic to reach even greater heights,” he said.
The fund’s housing loan take-out went up to P97.28 billion in 2021. Adding to it the housing loan interim release worth P3.5 billion, the total housing loan releases reached P100.8 billion last year.
“Thank you to all of our partner developers for your continued support. As our partner developers become stronger, we become much bigger,” Moti said.