05 April 2022, Philippines – Nine members of the Subdivision and Housing Developers Association, Inc. (SHDA), an alliance of private housing developers, were recently recognized as top-performing real estate developers in the Pag-IBIG Fund 2021 Chairman’s Report.
The Chairman’s Report is an annual event conducted by the Pag-IBIG Fund and the Department of Human Settlement and Urban Development (DHSUD) to highlight the accomplishments of Pag-IBIG Fund and its stakeholders, partner institutions, and developers who had excelled in their performance for housing loan deliveries and take out of accounts.
Included in the partner developers whom the Pag-IBIG Fund awarded as the top developers in terms of housing loan takeout-loan value for 2021 are SHDA members Raemulan Lands (Top 1), The New APEC Development Corporation (Top 2), 8990 Holdings (Top 3), Axeia and Basic Housing (Top 4), Hausland Group (Top 8), Lynville Land Development Corporation (Top 9) and Homemark (Top 10).
SHDA members also received several special awards, which include “most numbers of members served” for Raemulan Lands, “highest growth rate” for 8990 Holdings, “highest performing accounts ratio” for The New APEC Development Corporation, and “highest performing loans ratio” for Lynville Land Development Corporation. Charles Builders Group of Company also bagged a special award.
“As an alliance of more than 300 housing developers in the country, we are honored and grateful to HDMF and DHSUD for recognizing the achievements of some of our members which have delivered outstanding performance year after year. We are proud that 7 out of the Top 10 awardees this year are SHDA members. This performance shows our organization’s commitment to Pag-IBIG Fund’s pursuit of providing affordable home financing for Filipino families wanting to own a home. It also solidifies SHDA as a leading voice in promoting a more vibrant housing and real estate sector,” said SHDA President May Rodriguez.
According to Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy Moti, these awards mark the success of the housing industry as a whole.
“We acknowledge the dynamic home builders whose contributions tremendously helped Pag-IBIG Fund achieve its mandate of addressing the housing needs of Filipinos and who had shown exemplary performance given the difficulties spawned by the pandemic. Through our members’ trust and the unwavering support of our partner-developers and industry partners, our home loan releases reached P100.8 billion in 2021 – the highest-ever in our history. We want to encourage our housing developers to continue building affordable communities and realize the Filipino dream of homeownership through these recognitions. As the economy continues to recover, we expect that this synergy with our stakeholders will further strengthen the housing industry, as we continue our shared pursuit of providing Filipino workers and their families a home they deserve and can call their own,” Moti shared.
Top 2 developer and highest performing accounts ratio awardee The New APEC Development Corporation as well as the top 8 developer Hausland Group expressed their sincerest gratitude to Pag-IBIG Fund.
APEC Homes Sales and Marketing Director Anna Michelle Chua-Co said, “We would like to emphasize that SHDA has been instrumental for the success of our company and for that, we are forever grateful and honored. Above all, we thank SHDA for its exceptional commitment to enhance the real estate sector and for excellently articulating the voice and the collective advocacy of the housing industry in the Philippines.”
Meanwhile, Hausland Group Chairman of the Board and President Wilfredo M. Tan mentioned, “It is an honor to be recognized among the Pag-IBIG Top 10 Developers for the past eight years, fulfilling our mission of enriching lives and empowering the Filipino family. We commend the thrust of SHDA and HDMF to rebuild the economy by helping affordable housing developers emerge stronger from the Covid-19 pandemic.”
About the Subdivision and Housing Developers Association, Inc. (SHDA)
The Subdivision and Housing Developers Association, Inc. (SHDA) started as a Subdivision Owners Association of the Philippines, Inc. (SOAP), which was registered with the Securities and Exchange Commission (SEC) on May 6, 1970. And in 1987, SEC approved the new name of the organization, which is SHDA. Since then, SHDA has aimed to unite all the subdivision owners and developers under one organization and influence government policies, laws, and regulations that will enhance the viability of the real estate sector consistent with public welfare. While it supported a housing program for the homeless, this was undertaken indirectly since most of the SOAP members focused on developing subdivisions without housing components.
For more information, visit www. https://shda.ph/.
