Addressing housing backlog
PHOTOGRAPH COURTESY OF P.A. PROPERTIES | P.A. Properties president and CEO Atty. Marianne Reyna Lina-Cruz (center) and VP for Documentation and Collection Evelyn Buco (left) receive the award for Northern Luzon’s Top 8 Pag-IBIG Fund Accredited Developer for 2022 and the Highest Performing Loans Ratio among Pag-IBIG Fund Accredited Developers in North Luzon.
P.A. Alvarez Properties and Development Corporation bagged two Home Development Mutual Fund awards.
Pag-IBIG recognized last 12 May P.A. Properties as Northern Luzon’s Top 8 Pag-IBIG Fund Accredited Developer for 2022, as well as the Highest Performing Loans Ratio among Pag-IBIG Fund Accredited Developers in North Luzon.
The awards were received by P.A. Properties’ president and chief executive officer Atty. Marianne Reyna Lina-Cruz and P.A. Properties’ vice president for Documentation and Collection Evelyn Buco at Pag-IBIG Fund Stakeholder’s Accomplishment Report for 2022.
The company had previously been recognized by Pag-IBIG as one of their top developers at the 2022 Pag-IBIG Fund Stakeholders’ Accomplishment Report, ranking 7th in the National Capital Region and 8th in Northern Luzon from Q1-Q3. They also ranked 9th for Pag-IBIG Fund’s Accredited Developer Excellence Award for 2022 last 24 March, during the Pag-IBIG Chairman’s Report for 2022.
P.A. Properties is one of the country’s rapidly expanding real estate developers. The company has completed the development of more than 180 hectares of land and constructed over 20,000 housing and condominium units across 40 communities in Laguna, Batangas, Cavite, Bulacan, Pampanga and Metro Manila.
In 2017, the company partnered with Japanese property developer Hankyu Hanshin Properties Corporation (HHPC). The partnership established PA-Hankyu Hanshin, which has since developed Idesia township projects in Dasmariñas, Cavite; Lipa, Batangas; and Cabuyao, Laguna.
Within the next five years, P.A. Properties plans to construct an additional 20 housing communities as it continues to expand its reach across the country.
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