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.
One of BCI Asia’s Top Developers for 2024 is Shang Properties, Inc. (SPI), a renowned developer and manager of premier properties in the Philippines.
Top developers, contractors, and architectural firms from Asian countries—Hong Kong, Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam—have been featured by BCI since 2005. The award, which is given based on strict criteria, emphasizes and weighs a developer’s total worth of ongoing projects, commitment to sustainability, and contributions to the built environment of the area.
“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.
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.
A few of SPI’s well-known projects are One Shangri-La Place in Ortigas Center, Horizon Homes in Bonifacio Global City, Shangri-La Plaza, The St. Francis Shangri-La Place, The Enterprise Center, The Shang Grand Tower, Shang Salcedo Place, The Rise in Makati, and Assembly Grounds at The Rise. Currently one of the newest five-star international hotels to open in the Philippines, Shangri-La at the Fort is owned by SPI.
Go to https://www.shangproperties.com/ for additional details.
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