If you’re planning to buy or rent a property, chances are you’ve already done research on your seller and the property you’re eyeing. If you’ve done your research well, you’d know how equally important it is to learn more about your property’s developer. For a homebuyer, getting to know the developer can help you compare their previously turned over properties to their pre-selling commitments and foresee if they can execute well and on time. For a renter, the benefit of knowing your lease’s developer will give you a clue of how well the units and amenities are made to your comfort level. With all these in mind, choosing a property can be less complicated when you’re choosing between the best condominium developers in the Philippines.
To find out which among hundreds of condominium developers in the country are the best, our Data Science team made an analysis of all the properties listed on zipmatch.com and came up with a definitive ranking based on their amenities, neighborhood, affordability, investment potential, and the number of projects they’ve built.
The Best Condominium Developers in the Philippines Q2 2017
| RANK | DEVELOPER |
OVERALL DEVELOPER SCORE |
AMENITY SCORE |
NEIGHBORHOOD SCORE |
AFFORDABILITY SCORE |
INVESTMENT SCORE |
PROJECT COUNT |
| 1 | DMCI | 8.2 | 8.2 | 5.8 | 8.8 | 7.3 | 62 |
| 2 | Avida | 8.2 | 7.6 | 6.2 | 8.3 | 8.1 | 47 |
| 3 | Megaworld | 8.1 | 7.8 | 7.4 | 7.4 | 6.7 | 79 |
| 4 | SMDC | 8.0 | 7.9 | 6.5 | 8.1 | 7.5 | 33 |
| 5 | Robinsons Land | 7.9 | 7.7 | 6.7 | 8.0 | 7.3 | 31 |
| 6 | Federal Land Inc. | 7.9 | 8.1 | 7.2 | 7.6 | 7.2 | 27 |
| 7 |
Cityland Development Corporation |
7.9 | 6.7 | 7.7 | 8.4 | 7.5 | 25 |
| 8 |
Filinvest Development Corporation |
7.9 | 7.5 | 5.9 | 8.1 | 7.3 | 40 |
| 9 | Alveo | 7.8 | 8.1 | 7.1 | 7.4 | 6.3 | 35 |
| 10 | CenturyProperties | 7.8 | 7.5 | 8 | 7.4 | 6.9 | 19 |
**Want to know how ZipMatch calculated these scores? Click here to find out.
1. DMCI
Good:
Most Affordable Projects
DMCI is well-known for building quite a number of the most affordable condominiums in Metro Manila. DMCI’s affordability score ranks the highest among the top condominium developers at 8.8.
Best Amenities
Aside from being affordable, DMCI projects have all amenities that are found in some of the most luxurious projects. Popular for developing resort-themed communities catered to urban dwellers, most of their projects have amenities such as pools, gardens, and gyms. Because of its luxury-like projects, DMCI gets a high amenities-score of 8.2.
Countrywide Presence
Based on our data, DMCI has the second most number of projects listed on our site at 62. This means that if you’re eyeing one of their pre-selling projects, there’s a very high probability that they will be able to deliver.
Fair:
Good Investment Option
With an overall investment score of 7.3, most DMCI projects offer high rental income potential. Majority of condominiums with the highest rental yields in Metro Manila come from DMCI.
Bad:
Poor Neighborhood
Everything comes at a cost. Most of the DMCI projects are not in the best of the neighborhoods. DMCI scores lowest on location at 5.8. The Developer seems to locate its properties on the outlying districts of popular areas such as Makati and Bonifacio Global City.
Overall Verdict:
DMCI has a commitment to deliver projects and gives you great bang for your buck with condominiums that are affordable, has great amenities, and high investment potential. Perhaps this strength could be attributed to their beginnings as a general contractor in 1954 for popular real estate developer and hotel brands such as Shangri-La Hotels, Ayala Corporation, and SM Prime Holdings.
Popular Projects on ZipMatch:
SALE: Tivoli Garden Residences, Flair Towers, Cypress Towers, Mayfield Park ResidencesRENT: Flair Towers, Tivoli Garden Residences, La Verti Residences, Rosewood Pointe
2. Avida
Good:
Affordable Projects
Avida’s strength lies on being an affordable sub-brand of Ayala Land, one of the largest real estate firms in the country, with an 8.3 affordability score. This means that with Avida, a budget-savvy investor can get the same quality of service and attention to detail that Ayala brings at a much affordable price.
Great Investment
Avida has the highest investment score of 8.1 among all the top condominium developers in the list. With the name to back it up, the developer is able to command high rental rates, which result to rental yields as high as 9.26%.
Countrywide Presence
With a project count of 67, the third highest on our database, homeseekers will have plenty of property options to choose from. Avida has expanded its project portfolio of condominiums and mixed-used developments outside Metro Manila such as Sta. Rosa, Antipolo, and Bacoor to name a few.
Fair:
Delightful Amenities
Its expansion to a wide mix of cities meant more freedom in designing family-friendly communities with the best recreational facilities. All of which added up to an amenity score of 7.6.
Bad:
Poor Neighborhood
Among the best condominium developers, Avida’s neighborhood score of 6.2 is our 2nd lowest. A neighborhood score takes into account certain conveniences such as malls, restaurants, schools, banks, and the like. For a developer that’s exploring new locations outside Metro Manila, it is only expected that these conveniences aren’t present yet.
Overall Verdict:
Avida proves that a quality lifestyle can easily be attainable. As a subsidiary of Ayala Land and by being first movers in cities outside Metro Manila, Avida does a good job in bringing high investment value for its consumers.
By looking at the developer’s track record for delivering a high volume of projects, it’s likely that recently developed communities in unexplored locations will soon flourish. Avida Towers Sucat in Paranaque City, Avida Towers Cebu in Cebu City and Avida Towers Alabang in Muntinlupa City are some of Avida’s projects which have come up in developing neighborhoods and give great rental returns.
Popular Projects on ZipMatch:
SALE: Avida Towers BGC 9th Avenue, Avida Towers Sucat, Avida Towers New Manila, Avida Towers Makati WestRENT: Avida Towers San Lorenzo, Avida Towers New Manila, Avida Towers Sucat, Avida Towers San Lazaro
3. Megaworld
Good:
Most Projects Built
Among the best condominium developers on our list, Megaworld has the most number of projects on our database at 79.
Fair:
Vibrant Townships
Its neighborhood score of 7.4 ranks higher than our top two developers. For over two decades, Megaworld Corporation has built a reputation for townships that come complete with malls, commercial establishments, office buildings and residential condominiums. Newport City, Eastwood City, McKinley Hill and McKinley West are a few examples of this.
Nice Amenities
As an added value, Megaworld has a fairly high amenity score of 7.8. Megaworld’s Affordability Score is at 7.4, which is in the mid-range compared to the properties offered by the other developers on our list.
Bad:
Satisfactory Investment
Megaworld scores low on investment, primarily because of it’s higher property prices. This means that you have spend more on buying a Megaworld property and thus have to wait a longer period to recover the investment from rental earnings . A good investment property gives higher rental income, faster price appreciation or both.
Overall Verdict:
Megaworld clearly wins the game when it comes to convenience by building townships that come complete with malls, office spaces and residential condominiums. Even with an average investment score, the developer’s excellently-located projects provide much advantage to its residents. As such, Megaworld is ideal for buying or renting especially to those working within the township or in major business districts.
Compare properties for rent in Metro Manila
Popular Projects on ZipMatch:
SALE: 8 Forbestown Road, Bellagio Three, Forbeswood Heights, Bellagio TwoRENT: Forbeswood Heights, Paseo Parkview Suites, Forbeswood Parklane, One Central
4. SMDC
Good:
Affordable Projects
SMDC’s strength lies in its affordability at a score of 8.1. As a subsidiary of SM Prime Holdings, the developer carries on the value of providing affordable style, comfort, and convenience to middle-class Filipinos.
Fair:
Enjoyable Amenities
With an average amenity score of 7.9, residents get additional value for living or renting in any of its projects. A typical SMDC project comes with a swimming pool, gym, jogging park, and a function area.
Bad:
Ordinary Location
Location might not be SMDC’s strongest suit, with a neighborhood score of 6.5. In its effort to offer a budget-friendly range to its consumers, the developer chose to build most of its condominiums in unpopular Metro Manila districts. However, it is important to note that this score does not apply to all of SMDC’s projects. The developer has quite a number of condominiums in prime areas such as the Mall of Asia Complex and Makati.
Overall Verdict:
Overall, condominiums by SMDC are great for a practical home seeker looking for an affordable property with great lifestyle amenities. Though there are certain inconveniences in terms of location, most if not all of SMDC’s properties have nearby transport terminals. In addition, they usually come with the convenience of the SM’s subsidiary banks, supermarkets and shopping malls.
Popular Projects on ZipMatch:
SALE: Jazz Residences, Light Residences, Grass Residences, Berkeley ResidencesRENT: Jazz Residences, M Place at South Triangle, Light Residences, Blue Residences
5. Robinsons Land
Good
Very Affordable Price Per Square Meter
Upon looking at price per square meter of Robinsons Land condominiums in our database, we found out that the developer offers very economical prices. Based on this data, the developer scored 8.0 on affordability.
Fair:
Sound Investment
Robinsons Land is the real estate arm of JG Summit Holdings and is known for its malls, hotels, office buildings and residential properties. With a high investment score of 7.7, there is much potential for high returns on properties built by the brand.
Bad:
Inconvenient Neighborhood
Robinsons Land scored average in the neighborhood category at 6.7. Although they continue to expand in progressive cities like Cebu, Davao and Cagayan de Oro where certain conveniences like schools, supermarkets, and commercial establishments are already present, another major influencer to a neighborhood score’s calculation is the distance of a project to these key locations.
Overall Verdict:
In conclusion, Robinsons Land properties are generally affordable and sound investments with outstanding lifestyle amenities. The neighborhood score indicates that there is a mix of projects which rank high due to their location within Metro Manila’s financial centers where everything is conveniently within reach and projects which rank low in new neighborhoods that we have yet to see take shape with nearby commercial and business establishments.
Popular Projects on ZipMatch:
SALE: Fifth Avenue Place, The Trion Towers, The Fort Residences, East of GalleriaRENT: Fifth Avenue Place, The Trion Towers, East of Galleria, The Pearl Place
6. Federal Land Inc.
Good
Hotel-Like Amenities
Federal Land wins with an amenities score of 8.1, the second highest amenities score among the top condominium developers on our list. Its portfolio includes townships, condominiums, serviced residences, and hotels. Don’t be surprised to find some of its condominiums having amenities that are at par with hotel standards.
Fair:
Average Priced Projects
The developer has a decent affordability score of 7.6. By looking at the price point of Federal Land projects, we can say that the range is wide, from low-priced to the expensive.
Good Neighborhood, Good Investment
Federal Land has chosen good locations in building its projects, with most of its projects located in Taguig, Makati, Pasay, and Manila. In terms of neighborhood and investment, this developer scores a fair 7.2.
Bad:
Low Presence
Based on our count, Federal Land has a total of 27 projects. This is considerably low if set side by side our best developers. Project count is an indicator of the developer’s presence in the Philippine real estate.
Overall Verdict:
All in all, Federal Land seems like a worthy contender in the real estate game. It’s slowly catching up with our topmost condominium developers by bringing its focus on quality and reasonably-priced properties.
Federal Land’s 7.9 overall score indicates that they might win in terms of the quality of its amenities and an average price point but there are currently aren’t enough projects to rank higher than its competitors. We anticipate this to improve as the brand continues to grow in new townships like Cavite, Marikina and Cebu.
Popular Projects on ZipMatch:
SALE: The Grand Midori Makati, Oriental Garden Makati, Bay Garden Club and Residences, The Oriental PlaceRENT: The Grand Midori Makati, Bay Garden Club and Residences, Oriental Garden Makati, The Capital Towers
7. Cityland Development Corporation
Good
Very Affordable Projects
Cityland Development Corporation (CDC) scored a very high 8.4 on affordability. Most middle-income earners prefer this brand for the affordability and location of its projects. Cityland Shaw Tower for example, is an affordable option right by Shangri-La Mall and a few steps away from the MRT station.
Fair:
Great Location
Cityland is able to build its projects on convenient and prime locations such as Makati and Mandaluyong. The developer managed to get a fairly good neighborhood score of 7.7.
Reasonable Investment
Due to the location of its projects, Cityland is able to secure rental demand for their condominiums. This resulted in an investment score of 7.5.
Bad:
Poor Amenities
Its affordability can also have its limitations. The developer scored satisfactory on its amenities at 6.7. For some young professionals, the lack of lifestyle amenities might not be an issue if the condominium is located near their place of employment.
Low Presence
Based on our database, the developer has a low project count of 25. This might mean that there is little opportunity to invest or rent.
Overall Verdict
Overall, Cityland Development Corporation’s portfolio of medium to high-rise condominiums at the central business districts of Makati, Mandaluyong, Manila and Pasig make for a practical and affordable choice for property investors and renters. The developer’s projects are ideal for young professionals who value a condominium’s location more than the convenience of having game rooms, gyms, or gardens.
Popular Projects on ZipMatch:
SALE: Cityland Makati Executive Towers, Pines Peak Tower, Rada Regency, Grand Central ResidencesRENT: Alfaro Place, City & Land Mega Plaza, Cityland Makati Executive Towers, Cityland Pasong Tamo
8. Filinvest Development Corporation
Good:
Budget Friendly Projects
Filinvest Development Corporation is well-known for the development of Filinvest Corporate City, a prime township in Alabang. Because of this, their affordability score of 8.1 might come as a surprise to most people, but the brand actually had its beginnings in building homes for middle-class Filipinos. The high affordability score is also because of the fact that very few of its projects are located in prime locations of Makati City and Taguig City. The average price per square meter at One Oasis Ortigas, Maui Oasis in Pasig City and Maui Oasis in Manila is around Php 85,0000 – 90,000.Fair:
Good Amenities
Filinvest did moderately well on its amenities score at 7.3. Most of its projects include swimming pools, gyms, and viewing decks. Some even have mini theaters, barbecue pits, and game rooms.
Sensible Investment
With more projects underway, there is more opportunity to invest before they appreciate in value. It is because of this that the developer had scored 7.5.
Bad:
Inconvenient Neighborhood
Filinvest scored low in the neighborhood category at 5.9, the second lowest among our best condominium developers. Most of the developer’s projects can be found in suburban areas where key destinations are located at a distance compared to business districts where almost everything is accessible.
Overall Verdict:
Overall Filinvest is a good developer choice for people wanting to buy a property for end use or to settle down. The company has built a solid reputation of providing an affordable townships in suburban areas. It is slowly competing in the mainstream market by building a few projects in busier locations within Metro Manila. Its high project count of 40 is also an indicator of this developer’s long-standing presence in the Philippines.
Popular Projects on ZipMatch:
SALE: The Beaufort, Maui Oasis, One Oasis Ortigas, Pioneer PointeRENT: The Linear, One Oasis Ortigas, Studio Zen Taft, The Beaufort
9. Alveo
Good:
Top-Notch Amenities
Alveo Land Corp ties for second place in best amenity with a score of 8.1. As a sub brand of Ayala Land, Inc., the company is focused on delivering master-planned communities that cater to young professionals and starting families.
Fair:
Moderately-Priced
With an affordability score of 7.4, we can say that the average price per square meter of Alveo properties is generally in the mid to high range. Two Serendra, Taguig City and Senta, Makati City are one of the costliest projects from this developer. The average price per square meter in both these projects stands around PHP 170,000.
Good Neighborhood
A neighborhood score of 7.1 indicates that there is a wide mix of mainstream and underrated locations the developer had chosen for their projects. Few of its projects in Makati City and Taguig City are located in the best locations. Senta, The Columns Legazpi Village, The Lerato Tower, The Columns Ayala Avenue, The Gentry Residences, Escala Salcedo, Verve Residences and The Maridien are few of its properties with high neighborhood scores. However, projects based out of Metro Manila seem to get lower neighborhood score which we hope will improve in future.
Bad:
Slow Return on Investment
Alveo Land however, garnered a satisfactory investment score of 6.3, the lowest among the best condominium developers on our list. There are a few factors that might affect this. One if which is that the property prices aren’t too affordable to begin with. As such, it might take a while for rental rates or prices per square meter in the area to increase to get a good return on investment.
Overall Verdict:
Overall, Alveo Land is a reasonable choice for those who value a property’s neighborhood and lifestyle amenities more than its investment potential. For Makati or Pasig renters, Alveo Land’s low investment score can work at an advantage. It indicates that based on last year’s data, we can say that rental rates are less likely to increase dramatically soon. Some of Alveo’s most popular projects include Serendra, Marquee Residences and Marquee Place in Angeles City and the up-and-coming High Street South Block in Bonifacio Global City, Taguig.
Popular Projects on ZipMatch:
SALE: Two Serendra, The Columns Legazpi Village, Senta, The Columns Ayala AvenueRENT: Two Serendra, The Columns Legazpi Village, Senta, The Columns Ayala Avenue
10. Century Properties
Good
Best Neighborhood
Century Properties has the highest neighborhood score of 8.0. Aside from choosing top locations for its projects, the developer has become well-recognized for Century City, its premier Makati township.Fair:
Mid to High End with Well-Designed Amenities
Compared to other condominium developers in the list, condo in a Century Properties project is costlier. Because of its high price per square meter, Century Properties gets a relatively lower Affordability Score of 7.4. The developer received a score of 7.5 on Amenities. The company has carried the famous names of Trump, Paris Hilton, Versace, and Philippe Starck for some of its distinctive projectsBad:
Low Presence
The developer has 19 projects on our database, the lowest amongst our top condominium developers but with the new projects on the way, we can see that the brand is aggressively catching up.A Luxury Investment
Century Properties pioneered the concept of fully-fitted and fully-furnished (FF/FF) units, making this a standard industry practice. Some of its units are even furnished by Versace Home and Armani. These things however, add up to the developer’s high average price per square meter. For example, average price per square meter at The Milano Residences in Makati City is PHP 214,000 whereas the average price per square meter at Essensa East Forbes in Taguig City is PHP 169,000. This affects its investment score of 6.9, the 3rd lowest investment score on our list. Simply put, high unit prices and low rental yields in saturated locations result in relatively low investment scores.Overall Verdict:
In conclusion, Century Properties is a solid, global brand in the making. They have set high standards to meet the foreign market’s demands. Its low project count indicates that the brand is slowly establishing presence in the Philippine real estate market.As a premium developer, it attracts buyers that are investing in quality and a high end lifestyle.
Popular Projects on ZipMatch:
SALE: The Gramercy Residences, South of Market, Grand Soho Makati, Knightsbridge ResidencesRENT: The Gramercy Residences, Knightsbridge Residences, South of Market, Grand Soho Makati
Disclaimer: Note that these rankings change periodically. The top developer rankings mentioned in this article are results from data gathered in the second quarter of 2017. See realtime rankings at www.zipmatch.com/rankings.
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Manika26
