Lamudi Honors Buyers’ Choice in The Outlook Awards

Leading real estate platform Lamudi gathers the top real estate developers in the Philippines for The Outlook 2019: Philippine Buyers’ Choice Property Awards, a gala event co-presented by Philippine Daily Inquirer Property and Holcim Philippines to be held at the Makati Shangri-la on November 14, 2019. The event recognizes the real estate innovations developers designed in response to the changing needs of property seekers all over the country, with nominees shortlisted by a panel of judges and winners chosen through a survey with 10,000 active Lamudi property seekers.

Lamudi’s preparations started in January, when nominations were opened to all developers in the Philippines until May 31st, provided their development has not won at The Outlook Awards before. There was no nomination fee to submit the name of a project, and no limits were imposed on the number of nominees in all award categories.

The Judges

The real estate platform asked judges to review all the nominations between June and July, using a predefined category-specific score sheet for each category as a guide in shortlisting the nominees. The panel of judges will determine the winners of the Special Awards. The winners for the House, Condominium, Mixed-use, and Grand Awards categories will be determined via a 10,000-respondent survey involving active property seekers on Lamudi.

Here are the panel of judges for The Outlook: Philippine Buyers’ Choice Property Awards:

  • Atty. Robert Nomar V. Leyretana,  Deputy Administrator of the Land Registration Authority
  • Richard Raymundo, Managing Director of Colliers International Philippines
  • Kenneth Stern, Country Manager of RE/MAX Philippines
  • Platzer Georg, Market Development Manager of Ikano Philippines Inc. and Store Manager of IKEA Pasay City
  • Arch. Amado P. de Jesus, Vice Chairman of Philippine Green Building Initiative and  Principal Architect of A. P. de Jesus & Associates
  • Theresa Samaniego, Editor of Philippine Daily Inquirer Property
  • Amelita Remo, Writing Editor of Philippine Daily Inquirer Property
  • Dr. Eduardo Ong, Former Chairman of the Professional Regulatory Board for Real Estate Services
  • Leira Buan, Assistant Secretary of the Housing and Urban Development Coordinating Council (HUDCC)
  • James Buskowitz, CEO of Buskowitz Group
  • Rick Santos, Chairman and CEO of Santos Knight Frank
  • Jason Buensalido, Principal Architect, Chief Design Ambassador and Founder of Buensalido+Architects

The Nominees

The Outlook: Philippine Buyers’ Choice Property Awards, which is supported by the Subdivision and Housing Developers Association (SHDA), received an overall increase of 30% in the number of nominations in its third year, with a 90% increase in the number of nominees from Visayas and Mindanao compared to 2018.

Awards for Developments in Luzon

The shortlisted nominees for the Best Affordable Condo in Luzon are:

  • Amaia Land Corporation – Amaia Skies Shaw
  • Cathay Land, Inc. – Stanford Suites 2
  • DataLand, Inc. – The Silk Residences
  • Empire East Holdings, Inc. – Cambridge Village
  • PHINMA Property Holdings Corporation – Arezzo Place Pasig
  • SM Development Corporation – Cheer Residences
  • Sta. Lucia Land, Inc. – Monte Carlo

The shortlisted nominees for the Best Premium Condo in Luzon are:

  • Avida Land Corporation – Avida Towers Makati Southpoint
  • Century Properties Group, Inc. – Iguazu Tower at Acqua Private Residences
  • Costa del Hamilo, Inc. – Freia at Pico de Loro Cove
  • Empire East Land Holdings, Inc. – San Lorenzo Place
  • Filinvest Land, Inc. – Fora Condotel
  • SM Development Corporation – Hope Residences
  • Torre Lorenzo Development Corporation – Torre Lorenzo Central
  • Robinsons Land Corporation – Chimes Greenhills
  • Alveo Land Corporation – The Sandstone at Portico
  • Anchor Land Holdings, Inc. – Princeview Parksuites

The shortlisted nominees for the Best Luxe Condo in Luzon are:

  • Ayala Land Premier – Park Central Towers
  • Megaworld Corporation – The Albany
  • North Bonifacio Landmark Realty and Development Inc. – Grand Landmark Residences South Tower (Grand Hyatt Manila Residences South Tower)
  • Century Properties Group, Inc. – Century Spire
  • Anchor Land Holdings, Inc. – Anchor Grandsuites

The shortlisted nominees for the Best Affordable House in Luzon are:

  • Amaia Land Corporation – Amaia Scapes Bulacan
  • Avida Land Corporation – Avida Southfield Settings NUVALI
  • CitiHomes Builder and Development, Inc. – Liora Homes
  • Demeterland Development Corporation – Valley Verde Villas
  • Filinvest Land, Inc. – Amarilyo Crest
  • PHirst Park Homes – PHirst Park Homes Tanza
  • Taft Property Venture Development Corporation – Cera at Citation Residences

The shortlisted nominees for the Best Premium House in Luzon are:

  • AboitizLand, Inc. – Seafront Residences
  • Brittany Corporation – Promenade
  • Crown Asia – Valenza
  • Filinvest Land Inc. – The Peak

The shortlisted nominees for Best Mixed-Use Development in Luzon are:

  • Ayala Land Corporation – Evo City
  • Costa del Hamilo, Inc. – Hamilo Coast
  • Italpinas Development Corporation – Miramonti Green Residences
  • NAI RCL Philippines – Waves Beach Club and Residences
  • Megaworld Corporation – Arcovia City

Awards for Developments in Visayas and Mindanao

The shortlisted nominees for Best Affordable Condo in Visayas and Mindanao are:

  • Amaia Land Corporation – Amaia Steps Capitol Central
  • Cebu Landmasters, Inc. – Casa Mira Towers Labangon
  • Damosa Land, Inc. – Seawind
  • Filinvest Land Inc. – One Oasis Cagayan de Oro
  • Grand Land Inc. – Amani Citygate Davao
  • PHINMA Property Holdings Corporation – Arezzo Place Davao
  • Taft Property Venture Development Corporation – Soltana Nature Residences

The shortlisted nominees for Best Premium Condo in Visayas and Mindanao are:

  • Anchor Land Holdings, Inc. – 202 Peaklane
  • Ayala Land Premier – The Residences at Azuela Cove
  • Cebu Landmasters, Inc. – 38 Park Avenue
  • Federal Land, Inc. – Marco Polo Residences
  • Filinvest Land, Inc. – Sanremo Oasis at City di Mare
  • Megaworld Corporation – The Palladium
  • Torre Lorenzo Development Corporation – Dusit Thani Residence Davao

The shortlisted nominees for Best House in Visayas and Mindanao are:

  • AboitizLand, Inc. – Amoa
  • ACM Landholdings, Inc. – Salas Real
  • Amaia Land Corporation – Amaia Scapes Iloilo
  • Cebu Landmasters Incorporated – Velmiro Uptown CDO
  • Damosa Land, Inc. – Damosa Fairlane
  • King Properties – Modena Liloan

The shortlisted nominees for Best Mixed-Use Development in Visayas and Mindanao are:

  • Cebu Landmasters, Inc. – Astra Centre
  • Gaisano Grand Group & Grand Land Inc. – The Grand Citygate Davao
  • Italpinas Development Corporation – Primavera City
  • King Properties – Meridian
  • Megaworld Corporation – The Mactan Newtown

Special Awards

The shortlisted nominees for Best Green Project are:

  • SM Prime Holdings, Inc. – Three E-Com Center
  • Century Properties Group, Inc. – Century Diamond Tower
  • Costa del Hamilo, Inc – Hamilo Coast
  • Filigree – Botanika Nature Residences
  • Innoland Development Corporation – Calyx Centre
  • Ayala Land Premier – Cerilo

The shortlisted nominees for Best Innovation Project are:

  • Megaworld Corporation – World Commerce Place
  • Sunshine Fort North Bonifacio Realty Development Corporation – The Seasons Residences
  • Italpinas Development Corporation – Primavera City
  • Innoland Development Corporation – Montage
  • Costa del Hamilo, Inc. – Hamilo Coast
  • Anchor Land Holdings, Inc. – 202 Peaklane

The shortlisted nominees for Best Co-Living Project are:

  • Philippines Urban Living Solutions Inc. – MyTown Co-Living Hubs
  • Fort Bonifacio Development Corporation – The Flats Fifth Avenue
  • First Georgetown Ventures, Inc. – The Grid Dormitel
  • Lino and Kux Co-Living Bedspace – The Communal
  • DEI Properties – iDorm @ The Fort

The shortlisted nominees for Best Co-Working Project are:

  • Unionspace – Acceler8
  • Common Ground – Common Ground – ArthaLand Century Pacific Tower BGC Branch
  • International Workplace Group – Spaces
  • Launchpad Coworking – Launchpad Coworking One Griffinstone
  • KMC Solutions, Inc. – Robinsons Gamma

The Philippine Daily Inquirer Property Special Award and the Personality of the Year will also be awarded at the gala night.

Grand Awards

The shortlisted nominees for Best Boutique Developer in Visayas and Mindanao are:

  • ACM Landholdings, Inc.
  • DATEM Homes, Inc.
  • Innoland Development Corporation
  • Italpinas Development Corporation
  • PHINMA Property Holdings Corporation
  • RFK Holdings, Inc.
  • Softouch Property Development Corporation
  • Sterling Land Residences and Development, Inc.
  • Torre Lorenzo Development Corporation

The shortlisted nominees for Best Boutique Developer in Luzon are:

  • ACM Landholdings, Inc.
  • Brittany Corporation
  • Central Country Estate, Inc.
  • Costa del Hamilo, Inc.
  • Citihomes Builder and Development, Inc.
  • Crown Asia Properties, Inc.
  • DATEM Homes, Inc.
  • Demeterland Development Corporation
  • Italpinas Development Corporation
  • Philippine Realty & Holdings Corporation
  • PHINMA Property Holdings Corporation
  • PHirst Park Homes
  • Torre Lorenzo Development Corporation

The shortlisted nominees for Best Developer in Visayas and Mindanao are:

  • AboitizLand, Inc.
  • Alveo Land Corporation
  • Amaia Land Corporation
  • Anchor Land Holdings, Inc.
  • Avida Land Corporation
  • Ayala Land Premier
  • Ayala Land, Inc.
  • Cebu Landmasters, Inc.
  • Damosa Land, Inc.
  • DMCI Homes
  • Federal Land, Inc.
  • Filinvest Land, Inc.
  • Grand Land Inc.
  • Nexus Real Estate Corporation
  • Robinsons Land Corporation
  • SM Development Corporation
  • SM Prime Holdings, Inc.
  • Sta. Lucia Land, Inc.
  • Suntrust Properties, Inc.
  • Taft Property Venture Development Corporation
  • Vista Land & Lifescapes, Inc.

The shortlisted nominees for Best Developer in Luzon are:

  • AboitizLand, Inc.
  • Alveo Land Corporation
  • Amaia Land Corporation
  • Anchor Land Holdings, Inc.
  • Avida Land Corporation
  • Ayala Land Premier
  • Cathay Land, Inc.
  • Century Properties Group, Inc.
  • DataLand, Inc.
  • DMCI Homes
  • Empire East Land Holdings, Inc.
  • Federal Land, Inc.
  • Filinvest Land, Inc.
  • Greenfield Development Corporation
  • Megaworld Corporation
  • NAI RCL Philippines
  • Robinsons Land Corporation
  • SM Development Corporation
  • SM Prime Holdings, Inc.
  • Sta. Lucia Land, Inc.
  • Suntrust Properties, Inc.
  • Taft Property Venture Development Corporation
  • Vista Land & Lifescapes, Inc.

For more information, visit lamudi.com.ph/outlook2019-awards.

Lamudi’s Philippine Real Estate Conference 2019: Shaping the Future of Real Estate

On October 17, 2019, Lamudi successfully held The Outlook Real Estate Conference 2019 at the Makati Shangri-La, bringing together industry thought leaders from all over the country to talk about the hot topics in the Philippine real estate sector.

The Outlook: Philippine Real Estate Conference 2019, with co-presenters Philippine Daily Inquirer Property and Holcim Philippines, provided an avenue for insightful discussion spanning a wide range of topics from sustainability to alternative ways of investing in real estate.

The major sponsors for the event are the International Workplace Group and SMDC, and the official TV partner is Cignal TV. The Outlook Conference has also teamed up with event partner Subdivision and Housing Developers Association (SHDA), and media partners Philippine Daily Inquirer Property, Business Mirror, Business World, Malaya Business Insight, Manila Standard, and Philippine Star.

The Role of Developers in Making the Philippines More Sustainable

The Outlook Conference started strong with its first track, “Taking Sustainable Action: Addressing Climate Change Through Real Estate,” where moderator Cathy Saldaña, Managing Director of PDP Architects, steered the conversation into a topic dear to her heart. The panel revealed that though different companies are already pioneering efforts to use solar energy, waste management, and water recycling to be more sustainable, there is a need to adopt a more global, top-down approach to initiate change that will last.

The panelists for this track were Cecilia Domingo, Vice-President and Head of Meralco; Gian Carlo Valerio, Chief Executive Officer of Solana Land; Ram Maganti, SVP for Marketing and Innovations of Holcim Philippines Inc.; and Gay Santos, a financial inclusion specialist/advocate.

The Philippines is blessed with sun and rain, Saldaña noted, both of which can be harnessed as sources of energy. Maganti also mentioned the scarcity of fresh water, prompting the company to use recycled water as part of their sustainability efforts. Domingo talked about the residential and commercial efforts started by Meralco and its subsidiaries, from solar panels to e-sakay as an initiative. According to Domingo, the Meralco compound has already banned single-use plastic, and are active in tree-planting initiatives for carbon reduction.

Real Estate Marketing for a Younger Market

The second track, “New-Age Customer Experience: Transforming Real Estate Marketing in the Age of Disruption,” moderated by Deborah Ong, Head of Corporate Partnerships at Lamudi, explored the role of disruption in shaping a new breed of real estate clients along with strategies that should be adapted to thrive in this new consumer environment. The panel discussed the “end” of the mall to give way to online shopping, and how this prediction years ago failed to take into account the adaptability of Filipinos to change. What could have ended an industry sparked disruption, giving rise to the changes in the way people do business and how consumers consume.

The panelists for this track were Thomas Mirasol, General Manager of Federal Land; Marco Antonio, President & CEO of Century Properties; Tek Samaniego, Property Editor of Philippine Daily Inquirer Property; Jose Soberano III, CEO of Cebu Landmasters; and Eugene Lozano, First Vice President for Sales and Marketing for Megaworld Corporation.

Lozano, who has witnessed the transition from traditional to digital marketing, said there is now a focus on Google Analytics. To successfully implement these changes, Lozano mentioned the importance of informing key people in the team. “We’ve been very busy re-training, providing lectures and materials to different key people just to keep up with the digital transformation of marketing strategies nowadays.”

“The consumer today is more demanding,” Ong noted.

“And they really want to get their money’s worth,” Samaniego added.

Uncovering New Real Estate Sales Strategies

“Fresh Perspectives: Mapping Evolving Real Estate Sales” was moderated by Bhavna Suresh, Chief Executive Officer of Lamudi. The third track leaned towards preparing the sales team for new business models, strategies, and practices that improve how real estate is offered to customers. The panelists mentioned the importance of likability and trustworthiness, the human touch, malasakit, and thinking beyond after-sales.

The panelists were David Rafael, President & CEO of Aboitiz Land; Beth Ventura, President of Anchor Land Holdings, Inc.; Ricardo Lagdameo, First Vice President of Damosa Land; and

Raphael Felix, President of Phinma Properties Inc. and Subdivision and Housing Developers Association (SHDA).

Rafael admitted to wondering about the future of real estate. “Will we ever reach a point where people would buy property the way they buy food from Foodpanda or they buy a shirt from Lazada?”

Upon pondering, however, Rafael has come up with an answer: “At the end of the day, the human person buying property will really still need to talk to a human person.”

Startups and Their Exploration of the Sharing Economy

“Paradigm Shifts: Exploring the Sharing Economy in Philippine Real Estate” explored the changing Philippine conditions and the rise of startups that have led to the growth of the sharing economy. Eric Manuel, of Arch Capital Management, moderated the track, which discussed the commute as a major pain point for residents who eventually decide to move to co-living spaces. The very young population of the Philippines wants to be measured by their performance, not their timesheet.  Co-working spaces, on the other hand, allow young professionals to expand their network.

The track’s panelists were Jelmer Ikink, Group Director of MyTown; Nick Padilla, Co-founder, CEO & Space Captain of Kahon.ph; Paul Rivera, Co-Founder & CEO of Kalibrr; and Lars Wittig, Country Manager Philippines, Thailand, Vietnam, Cambodia, S. Korea for International Workplace Group.

Shared spaces answer the tenants’ need to escape the commute. Ikink further noted that the future of work, especially its definition, will change over time and to address this, they are working towards a zero-commute lifestyle. This means working, living, and all amenities will be in the same space. 

Choosing Investments: From POGO to Property

“Changing Face: Uncovering Alternative Ways to Invest in Real Estate” zeroed in on the drivers of investor demand, the new investment opportunities available in the market, and how the market can tap into these to encourage a robust real estate economy. The moderator, Cignal TV’s news anchor Danie Laurel, asked about the viability and sustainability of POGO as an investment. Panelists also recommend diversifying as a smart way to invest.

The fifth and final track’s panelists were Richard Raymundo, Managing Director of Colliers; Mikko Barranda, Associate Director of Leechiu Property Consultants Inc.; Iluminada Sicat, Assistant Governor of Bangko Sentral ng Pilipinas; and Noel Rapadas, Senior Vice President and Chief Finance Officer of Torre Lorenzo.

Sicat presented an interesting fact that will help guide investors in diversifying their portfolio: “We did an assessment of the impact of POGOs on the price of our residences. There was a sudden increase in the price of rent, but if you look at the net contribution of POGOs, it’s not that big, actually.”

Raymundo also noted that if POGOs did not come, “the rents would have corrected anyway.”

Rapadas mentioned that there is still a long way to go for these kinds of investments to be sustainable. He urged investors to look at what drives prices up, and suggested following a fixed plan to see growth. Rapadas also said that despite the increase in the prices of real estate, the Philippines is still relatively cheap compared to other places for investment in Asia.

Projects Shaping the Filipino Community

Keynote speaker Vince Dizon, President and Chief Executive Officer of the Bases Conversion and Development Authority (BCDA), shared the plans for New Clark City as part of the Build, Build, Build program. New Clark City is planned to be the Philippines’ first smart, green, and resilient metropolis.

The Outlook Real Estate Conference also gave a platform to Virlanie Foundation, a private, non-profit and non-sectarian organization reaching out to marginalized children and communities in the Philippines. Lamudi and Virlanie launched a partnership program, Cherish-A-Home Fundraising, to help the disadvantaged, abused, neglected, and abandoned children through in-kind and cash donations that will improve their quality of life in any of the foundation’s eight homes. 

The Outlook Conference: Future Forward

Lamudi’s The Outlook: Philippine Real Estate Conference 2019 gathered real estate thought leaders to share their insights on the pressing topics facing Philippine real estate today. The event leads up to Lamudi’s Outlook Awards: The Philippine Buyers’ Choice Property Awards scheduled on November 14, 2019, at the Makati Shangri-La, where property developers from all over the Philippines gather to celebrate the outstanding achievements that shaped the country and steered it to a greener future.

The winners of the awards are determined by a panel of judges and a survey involving 10,000 active property seekers. To know more about The Outlook Awards 2019, head to lamudi.com.ph/outlook2019

The Bail Process Explained

If you know someone who has been arrested, you might be looking to bail them out of jail. But the process can be intimidating for those who are unfamiliar with it. Do you actually have to pay to free them? Will you ever get your money back? Here’s a helpful rundown of the methods by which you can post bail.

Bail Bonds

Bail bonds are provided by an insurance company through an agent known as a bail bondsman. They secure the release of the defendant pending trial. The first thing to know about how to bail someone out of jail philadelphia pa is that there’s usually a charge of 10 percent of the amount of the bond. The defendant must also put up collateral such as a mortgage on a house. When the court case ends (regardless of verdict), the bail bond is “exonerated” and returned to the insurance company. The only way a full bail would have to be paid is if the person who has been bailed out disappears and never shows up in court (aka “jumps bail”).

Image by Steve Buissinne from Pixabay

Property Bonds

If you lack the resources for a bail bondsman, pledging property as collateral may be an option. State laws vary, but in most cases the value of the property must be double the bond. However, because property bonds must include an application, a promissory note, a current appraisal and other documents, the process of having one posted can be lengthy. As with any bond, if the defendant fails to appear, the property will be considered forfeited.

Cash Bail

If you do have enough funds to pay a bail amount, you can simply bring it to the jail to secure the defendant’s release. Cash bail is fully refundable to the person who posts it, less administrative fees, at the end of the court case. However, it can often take a few months for the money to be returned.

Few things are more unsettling than seeing someone you know make a mistake that lands them in jail. Bailing them out is often the first step in setting that person on the right path.