A strategic management study for Laguna Properties Holdings, Inc.

LAGUNA PROPERTIES HOLDINGS, INS. (LPHI) is primarily engaged in mass housing development. The company traces its roots in 1980 when Ayala Land, Inc. (ALI), one of the countrys largest, full-line real estate developer decided to expand their traditionally high-end residential housing products to a wi...

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Main Author: Flores, Karen P.
Format: text
Language:English
Published: Animo Repository 1999
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Online Access:https://animorepository.dlsu.edu.ph/etd_masteral/2149
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Institution: De La Salle University
Language: English
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spelling oai:animorepository.dlsu.edu.ph:etd_masteral-89872023-10-05T10:23:53Z A strategic management study for Laguna Properties Holdings, Inc. Flores, Karen P. LAGUNA PROPERTIES HOLDINGS, INS. (LPHI) is primarily engaged in mass housing development. The company traces its roots in 1980 when Ayala Land, Inc. (ALI), one of the countrys largest, full-line real estate developer decided to expand their traditionally high-end residential housing products to a wider range of income groups. It was in March 0f 1993, when LPHI was finally spun off from a mass housing division of ALI to an independent, wholly owned subsidiary to address the rising demand for low and middle income housing market, This move gave the latter greater latitude to pursue its development activities and the autonomy to undertake its own expansion programs. At present, with almost six (6) years in operation, LPHI has proven its performance through technical expertise in the use of building systems and quality housing products. And with a total market capitalization of Php 3.5 billion, the Company stands as one of the most active, financially stable companies in the Philippines mas housing industry. Apparently, the Asian Currency Crisis that strikes in mid 1997 has unfavorable effects on the macroeconomic conditions of the country and thus the mass housing industry, which is substantially dependent on the economy. This period has been dominated by falling stock markets, rapidly declining currencies, and increasing number of bankruptcies. As a result, there was a noticeable slowdown in sales take up as well as the development activity among property developers. A price softening has begun to emerge followed by the added strains of higher interest rates and more cautious stance of banks towards mortgage financing. Although the impact of this downturn has been erratic and the effects are still widely being felt today, hopes for early recovery is seen to start by 1999. The Philippine government is confident of an upward growth pattern over the medium terms. The basis for growth projections include recovery in investment, sustained export performance, strong personal consumption, continuous infrastructure development, increasing remittances from Overseas Filipino Workers and declining / stabilizing interest rates. The present situation of the mass housing industry, meanwhile, shows that the number of households needing shelter is still continuing to increase. Latest records show that the backlog, the bulk of which is the low to middle-income segments, is estimated at 3.72 million units for the period 1993 to 1998. This has prompted the government to make housing a priority. State controlled financial institutions are increasing their commitment to funding requirements, while the private sectors participation is likewise encouraged. This has resulted to the information of a number of housing developers from the private sectors. Among the major players in the industry are Carmella & Palmera, Fil-Invest Land, Laguna Properties Holdings, Inc., and Empire East Land Holdings, Inc. 1999-01-01T08:00:00Z text https://animorepository.dlsu.edu.ph/etd_masteral/2149 Master's Theses English Animo Repository Business Administration, Management, and Operations
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
language English
topic Business Administration, Management, and Operations
spellingShingle Business Administration, Management, and Operations
Flores, Karen P.
A strategic management study for Laguna Properties Holdings, Inc.
description LAGUNA PROPERTIES HOLDINGS, INS. (LPHI) is primarily engaged in mass housing development. The company traces its roots in 1980 when Ayala Land, Inc. (ALI), one of the countrys largest, full-line real estate developer decided to expand their traditionally high-end residential housing products to a wider range of income groups. It was in March 0f 1993, when LPHI was finally spun off from a mass housing division of ALI to an independent, wholly owned subsidiary to address the rising demand for low and middle income housing market, This move gave the latter greater latitude to pursue its development activities and the autonomy to undertake its own expansion programs. At present, with almost six (6) years in operation, LPHI has proven its performance through technical expertise in the use of building systems and quality housing products. And with a total market capitalization of Php 3.5 billion, the Company stands as one of the most active, financially stable companies in the Philippines mas housing industry. Apparently, the Asian Currency Crisis that strikes in mid 1997 has unfavorable effects on the macroeconomic conditions of the country and thus the mass housing industry, which is substantially dependent on the economy. This period has been dominated by falling stock markets, rapidly declining currencies, and increasing number of bankruptcies. As a result, there was a noticeable slowdown in sales take up as well as the development activity among property developers. A price softening has begun to emerge followed by the added strains of higher interest rates and more cautious stance of banks towards mortgage financing. Although the impact of this downturn has been erratic and the effects are still widely being felt today, hopes for early recovery is seen to start by 1999. The Philippine government is confident of an upward growth pattern over the medium terms. The basis for growth projections include recovery in investment, sustained export performance, strong personal consumption, continuous infrastructure development, increasing remittances from Overseas Filipino Workers and declining / stabilizing interest rates. The present situation of the mass housing industry, meanwhile, shows that the number of households needing shelter is still continuing to increase. Latest records show that the backlog, the bulk of which is the low to middle-income segments, is estimated at 3.72 million units for the period 1993 to 1998. This has prompted the government to make housing a priority. State controlled financial institutions are increasing their commitment to funding requirements, while the private sectors participation is likewise encouraged. This has resulted to the information of a number of housing developers from the private sectors. Among the major players in the industry are Carmella & Palmera, Fil-Invest Land, Laguna Properties Holdings, Inc., and Empire East Land Holdings, Inc.
format text
author Flores, Karen P.
author_facet Flores, Karen P.
author_sort Flores, Karen P.
title A strategic management study for Laguna Properties Holdings, Inc.
title_short A strategic management study for Laguna Properties Holdings, Inc.
title_full A strategic management study for Laguna Properties Holdings, Inc.
title_fullStr A strategic management study for Laguna Properties Holdings, Inc.
title_full_unstemmed A strategic management study for Laguna Properties Holdings, Inc.
title_sort strategic management study for laguna properties holdings, inc.
publisher Animo Repository
publishDate 1999
url https://animorepository.dlsu.edu.ph/etd_masteral/2149
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