TWENTY-TWO members of the Subdivision and Housing Developers Association Inc. (SHDA) were recently recognized as the top performing real estate companies in the Pag-IBIG Fund Virtual Stakeholders’ Accomplishment Report (StAR) for 2021.

The StAR is an annual event organized by the state-owned Home Development Mutual Fund or Pag-IBIG Fund in five major regions of the country to honor stakeholders, service partners, employers and top developers for their significant contributions to its growth continues.

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 respectively won the first nine National Capital Region (NCR) Top Promoter spots for 2021.

Raemulan Lands was named the ‘best performing loan ratio’, while CenQhomes Development Corp. won the awards for “Best Performing Account Ratio” and “Best Performing Conversion” in the NCR.

Among the leading developers in North Luzon were Hausland Group (Top 2), Borland Development Corp. (Top 4), 8990 Housing Development Corp. (Top 5), Apec Homes (Top 7) and PA Alvarez Properties/Ventures Inc. (Top 9).

Publicly traded 8990 Housing Development Corp. won the award for “best performing loan ratio,” while Borland Development Corp. was cited as the “best performing conversion”.

Meanwhile, Lynville Land Development Corp., which won the “Best Performing Conversion” award, was hailed as the best developer in South Luzon along with Apec Homes (Top 3), Pueblo De Oro Development Corp. (Top 9) and PA Alvarez. Properties/Ventures Inc. (Top 10).

In the Visayas, the members of the alliance of private developers that 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 Loan Ratio” award went to CLI, while the “Best Performing Conversion” award went to Saekyung.

For Mindanao, 8990 Housing Development Corp. emerged as the top promoter 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 Loan Ratio” award went to DJHRC.

“I would like to reiterate SHDA’s commitment and partnership with HDMF in achieving 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.

The Pag-IBIG Fund highlighted during the virtual event its successful initiatives to help its members, stakeholders and the nation bounce back from the many challenges that the ongoing pandemic continues to bring.

It continues to push the steps it took last year to help its members recover from the effects of the Covid-19 pandemic on their livelihoods, according to Pag-IBIG Fund Managing Director Acmad Rizaldy Moti .

“A record year after another, we have seen the greatest improvements in our operations and the programs we offer our members over the past five years. We have accomplished all of our record achievements because our dear stakeholders have always been by our side, always involved in building a better Pag-IBIG Fund for the stakeholders it serves. Because we work side by side, we thrive, even in the midst of a once-in-a-lifetime pandemic to reach even greater heights,” he said.

The fund’s housing loans reached 97.28 billion pesos in 2021. Adding the provisional release of housing loans worth 3.5 billion pesos, total housing loans reached 100.8 billion pesos last year.

“Thank you to all of our developer partners for your continued support. As our developer partners get stronger, we get much bigger,” Moti said.


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