NEWS AND UPDATES

The Rise Makati: Construction Update : Latest as of February 2017

Shang Salcedo Place: Construction Update : Latest as of August 2017

Shang Properties, Inc. celebrates milestone at the Philippine Stock Exchange

by Manila Bulletin
May 19, 2015
13 June 2016 – Shang Properties’ Executive Committee members KC Koay, Lala Fojas, Kinsun Ng and Bobong Noel formally rang the trading floor opening bell at the Philippine Stock Exchange in Makati last June 13 to celebrate the Groups’ 25th listing anniversary. The event, hosted by the PSE with ceremonies led by Chairman Jose Pardo and President and CEO Hans Sicat, was also attended by SPI senior managers Miguel Feuermann, Pam Perez, Rose Santos, Milen Treichler and Susan Yu. 

Shang Properties reports 36% growth in 2014

Shang Properties reported an increase of P724.1 million in net income in 2014, from P2.01 billion in 2013 to P2.74 billion, reflecting a strong investors’ confidence in the domestic real estate market amid a booming economy.

The group posted its highest growth in 28 years – 36 percent – last year coming from condominium sales and rental income from retail and office subsidiaries.

Kinsun Ng, vice-president, group financial controller, and director of Shang Properties, said that sustaining the group’s venture interest in the country is The Rise Makati, its new residential and commercial development in the North Makati District. Launched in May of 2014, The Rise Makati has been one of the primary growth drivers for the group.

Located at the heart of North Makati or NOMA, the city’s burgeoning art and creative district, The Rise Makati is a 10,000 square meter lot along Malugay street, which is just eight minutes away from the Makati Central Business District. Just recently, the development has opened up sales for its East Wing, which offers units with scenic views of the Manila Bay. Launched last March 2015, the East Wing is the last of the three wings until the project is completed in late 2018.

Read more at http://www.mb.com.ph/shang-properties-reports-36-growth-in-2014/#dOd3tkKsxlQHwWVr.99

Shang Properties to open third dev't in Makati City

by Camille Anne M. Arcilla l Philippine Daily Inquirer
February 7, 2015
Luxurious but convenient is how Shang Properties, one of the country’s leading developers, describes its third development to rise in the heart of the bustling Makati central business district.

Located at the corner of Gil Puyat Avenue (Buendia) and Tordesillas and HV dela Costa streets, Shang Salcedo Place is situated within a vibrant community near a wide selection of lifestyle choices—from high-end restaurants and watering holes, museums and galleries, parks and specialty stores—that would cater to every whim and want.

Shang Properties sales director Susan Yu said: “We made sure that the development would be an extension of the lively Salcedo Village. We wanted to create the perfect marriage of work and play, and we felt that Salcedo Village was the perfect venue.”

Read more: http://business.inquirer.net/186279/shang-properties-to-open-third-devt-in-makati-city#ixzz3REk9l9mc 

Shang Properties wins Best Developer Award

by Aleli Delima
October 16, 2013
Shang Properties Realty Corporation won the plum prize at the recently concluded 2013 Philippines Property Awards. Holding its inaugural run in the country, the recognition program is part of the South East Asia Property Awards, which celebrates the best of the best in the region’s luxury residential property sector.

Shang Properties took home the biggest honor of the evening, clinching Best Developer.

‘It is a great honor for us to win this award, and an affirmation of Shang Properties’ continued commitment to deliver the Shang standard,’ said Marketing Manager Milen Treichler, who received the award with Sales Director Susan Yu.

A total of 17 awards were given out under four categories: Developer; Development, which includes awards for condos in Metro Manila and Cebu, as well as housing and resort developments nationwide; Design, which reflects the best in residential, commercial, hotel and interior design; and Real Estate Services for consultancies and agencies.

http://www.mb.com.ph/shang-properties-wins-best-developer-award/
Best Developer - Philippines Property Awards 2013
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