CEBUANO property developers and projects won big during the recently concluded PropertyGuru Philippines Property Awards 2023 held in Shangri-La The Fort, Manila.
The 11th Property Guru recognized excellent companies and projects from the country’s urban and provincial property markets. Around 71 winners earned golden statuettes across 65 categories this year, representing the real estate of Luzon, Visayas and Mindanao.
According to Jeremy Williams, managing director of Marketplaces of the PropertyGuru Group, the winners reflect the “remarkable growth and progress in the Philippines.”
These recognitions reaffirm Colliers Philippines’ previous statements that Cebu continues to stand out as a highly appealing investment destination for real estate offerings.
“Cebu remains one of the most attractive and largest residential hubs outside of Metro Manila. National developers continue to launch in Metro Cebu as they are optimistic about the locale’s potential for growth post-Covid. In our view, the improving sentiment from businesses and individual investors and end-users will likely support the Cebu residential sector’s growth,” Colliers said.
Winners
Robinsons Land was judged the Best Developer in the Philippines for the second consecutive year. Its hospitality arm Robinsons Hotels and Resorts garnered the Best Operational Hospitality Portfolio award, supported by multiple wins for Fili Hotel Cebu - won the Best Hotel Development and Best Hotel Architectural Design and the Best Hotel Interior Design.
Listed firm Cebu Landmasters Inc. (CLI) was hailed Best Developer for Mindanao. Its project in Cebu named Calle 104 was highly commended in the Best Condo Architectural Design category.
Jose Soberano III, chairman, president and chief executive officer of CLI, was named the Philippines Real Estate Personality of the Year.
Primary Homes Inc. also bagged several awards. Its Royal Oceancrest Mactan won the Best Sustainable Developer title and received a Special Recognition in Sustainable Design and Construction while its Royal Oceancrest Panglao 2 was highly commended as Best Condo Development in the Visayas.
AppleOne Group Inc. also brought home awards. Its Mahi Center in Lapu-Lapu City won the Best Mixed Use Architectural Design and was highly commended in the Best Mixed Use Development category. Fairfield by Marriott Cebu Mactan (as part of Mahi Center) by AppleOne Group emerged as a highly commended project under the Best Hotel Development category.
Benedict Ventures Inc. was also recognized for its Balai by BE Residences Cordova being highly commended in both the Best Affordable Condo Development category for Metro Cebu and Best Connectivity Condo Development.
Paseo Grove by Priland Development Corp. won the Best Affordable Condo Development in Metro Cebu.
Cerule at Solinea by Alveo Land won the Best High-End Condo Development in Metro Cebu.
Foressa Mountain Town in Balamban, Cebu developed by Aboitiz Land Inc. was also highly commended in the Best Subdivision Development category. West Cebu Estate by Aboitiz InfraCapital Economic Estates which is also located in Balamban won the Best Industrial Development.
Main country winners of the PropertyGuru Philippines Property Awards will advance to the 18th PropertyGuru Asia Property Awards Grand Final on Dec. 8, 2023, in Bangkok, Thailand where they will compete against their peers from other nations across Southeast Asia including China, Japan, India and Australia. (KOC)