Daily Tribune

BUSINESS

Residential real estate group receives recognition

DT · Dec 16, 2022, 2:44 AM

Amaia Land Corp. further cements its reputation of being the go-to developer of affordable housing in the country. | photograph courtesy of Amaia

Amaia Land Corp. further cements its reputation as the go-to affordable housing developer after winning the Best Emerging Residential Real Estate Developer — Philippines Award at the 2022 Global Business Outlook Awards. Global Business Outlook awards excellence of businesses in the private and public sectors worldwide.

For the past 12 years, Amaia has achieved significant scale and growth in providing affordable housing to the broad C market of Filipinos. Amaia has garnered the top share of this market in recent years and continues to focus on serving such a market while retaining a stable and healthy balance sheet. To date, Amaia has sold over 50,000 residential units and has delivered over 20,000 units to buyers in 33 projects in Luzon, Visayas and Mindanao.

The company has consistently been an innovator in its field and has introduced successful products, including projects with sustainability features that benefit both the planet and the residents. Amaia was one of the best-performing developers during the recent pandemic. In 2020, the year Covid hit, Amaia could exceed reservation sales versus the pre-pandemic level of 2019. This was a significant feat, considering that one would expect its market, the middle class, to be severely hit by the pandemic.