8990 Holdings Inc., which focuses in the low-cost mass housing sector, was named by Pag-Ibig Fund as number one among the Top 10 property developers in the Visayas and Mindanao regions.
Atty. Anthony Vincent Sotto, president & CEO of 8990, said the two top awards from the Home Development Mutual Fund — more popularly known as the Pag-ibig Fund, recognizes 8990’s mission to continue serving the strong demand for low-cost housing in Vis-Min.
Sotto cited Pag-Ibig for continuing to release home loans to qualified employees and Overseas Filipino Workers (OFWs) for the past 18 months. Thus, despite the lingering effects of the pandemic, many Filipinos are able to fulfill their dream of finally owning their dream home.
Overall, 8990 bagged five awards in the Pag-ibig Fund STAR (Stakeholders Accomplishment Report) awards for the first half of 2021. Sec. Eduardo Del Rosario of the Department of Human Settlements and Urban Development and also Chair of the Pag-ibig Fund Board of Trustees, and Pag-ibig CEO Acmad Rizaldy Moti led the awards during online ceremonies last Sept. 24.
8990 also garnered the following three awards: Best in Conversion for North Luzon, #7 of Top 10 Developers also for North Luzon, and #8 among the Top 10 Developers also for the National Capital Region or NCR.
Among the projects in the Visayas that contributed to the company’s outstanding performance are Deca Homes Pavia Resort Residences 1 and 2 in Pavia, Iloilo, and Deca Homes Sta. Barbara Resort Residences also in Iloilo.
Meanwhile, the Deca Homes GenSan 1 project in General Santos City propelled 8990 to bag the top citation for Mindanao.
The company’s North Luzon projects include Deca Homes Meycauayan in Bulacan, while ongoing projects in Metro Manila include Urban Deca Homes Campville in Muntinlupa City, Urban Deca Homes Ortigas in Pasig City, Urban Deca Homes Manila in Tondo, and Urban Deca Towers EDSA in Mandaluyong City.
8990 Holdings is listed in the Philippine Stock Exchange under the symbol “HOUSE”.