Thursday, January 25, 2024

Amaia Wins Best Emerging Residential Developer at International Finance Awards




Amaia Land was recently honored as "Best Emerging Residential Developer in the Philippines" at the International Finance Awards 2023. Amaia Land, the affordable residential arm of Ayala Land, has made a name for itself in the past 13 years by making quality homes available to middle-income Filipinos. 







Committed to raising the living standards of the working-class, Amaia housing units are priced as low as P2-3 million to around P5-6 million. Since its inception in 2010, Amaia Land has launched over 50 projects, offering over36,000 housing units across Luzon, Visayas, and Mindanao. Its diverse product offerings include house and lots ("Scapes"), townhomes ("Series"), mid-rise condominiums ("Steps"), and high-rise towers ("Skies").

From the first year of the pandemic to 2023, Amaia has demonstrated remarkable performance, achieving Sales Reservations above pre-pandemic levels in each year. Net Income hit an all-time high of Php780 million in 2022, indicative of Amaia's financial resilience.

Recently, Amaia has launched more projects to address the continued demand for its products. Specifically, it launched new sectors in Scapes Cabuyao, Bulacan and Rizal in the second half of 2023. In 2024, Amaia plans to open a greater number of housing units to the public. Locations include Batangas, San Pablo, Quezon, San Fernando, Iloilo, Cagayan De Oro and Tagaytay.

As a major contender in the affordable residential segment, Amaia will continue playing a crucial role in meeting the housing needs of the Philippines' middle-income population, setting standards for quality and sustainability in the industry.