Pag-IBIG Fund Chairman's Report 2021 recognizes SHDA members as top-performing real estate developers

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.

Pag-IBIG Fund Chairman's Report 2021 recognizes SHDA members as top-performing real estate developers

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 who 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 1 developer and “most number of members served” awardee Raemulan Lands Inc., who has been a member of SHDA since 2019, expressed their sincerest gratitude to Pag-IBIG Fund.

Raemulan Lands, Inc. Chief Executive Officer Eileen Doyle said, “Raemulan Lands together with the Joy~Nostalg Group are humbled and honored to have partnered with Pag-IBIG Fund all these years. Our formidable partnership contributed to providing new homes to 10,196 homeful Filipino families last year. Thus, we are grateful to the men and women behind the Pag-IBIG Fund for their unwavering commitment despite the pandemic. With the institution’s genuine service, rest assured that we will continue to support the Pag-IBIG Fund as we fulfill our mission to provide homes and uplift the lives of homeless Filipino families. We are also grateful to be part of SHDA and a contributing member to all of the Association’s endeavor to champion housing – identified as a key driver for nation-building.”