Shang Properties, Inc. (SPI), a leading developer and manager of prime properties in the Philippines, was recently cited as one of BCI Asia’s Top Developers for 2024.
Since 2005, BCI has spotlighted the top developers, contractors, and architectural firms across Asian territories, including Hong Kong, Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam. Following rigorous criteria, the award puts weight and emphasis on a developer’s aggregate value of projects under construction, dedication to sustainability, and contributions to the region’s built environment.
Ms. Che Diaz, Executive Vice President for Commercial, and Atty. Karlo Marco P. Estavillo, Chief Operating Officer of Shang Properties receive the BCI Asia Top Developers award presented by BCI and Daikin Philippines.
"BCI’s recognition of the work we do in the Philippines is a testament to years of thoughtfully building our portfolio," said Atty. Karlo Marco P. Estavillo, SPI’s Chief Operating Officer. "Every project that we unveiled in the past year is also proof of our optimism about the market. We are looking forward to the momentum that comes with urban renewal and an improving macroeconomic and interest environment.”
The BCI recognition comes after SPI’s successful launch of Shang Summit, an 80-storey residential tower in Quezon City, Metro Manila, Shang Bauhinia Residences, its first venture into Cebu, and LAYA, a 67-storey tower in Pasig that is made for a market of creative tastemakers, professionals, and young families.
SPI entered the residential market in 2002, working with internationally acclaimed architects, designers, and artisans to make spaces that embody luxury, attention to detail, and creative refinement. Since then, it has launched and managed successful projects in prime locations across Metro Manila.
Shang Properties Inc. proudly receives the BCI Asia Top Developers 2024 plaque.
Meanwhile, SPI's other ongoing project, Shang Residences at Wack Wack in Mandaluyong, is nearing completion and is poised to boost the developer’s lived-in portfolio and its residential segment’s income.
“We are happy to see SPI’s strategy validated by peers from BCI and by the market. We promise to continue doing the difficult but rewarding work of creating living spaces with timeless elegance,” added Maria Rochelle S. Diaz, SPI’s Executive Vice President - Commercial.
Among SPI’s longstanding projects are The Enterprise Center, The Shang Grand Tower, Shang Salcedo Place, The Rise in Makati, Assembly Grounds in The Rise, Shangri-La Plaza, The St. Francis Shangri-La Place, One Shangri-La Place in Ortigas Center, and Horizon Homes in Bonifacio Global City. SPI currently holds a stake in Shangri-La at the Fort, one of the newest 5-star international hotels open in the Philippines.
For more information, visit https://www.shangproperties.com/.
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