Villar Land posts ₱999B profit, eyes further asset gains

Villar Land Holdings Corp., formerly Golden MV Holdings Inc. on Tuesday announced remaining bullish on property asset appreciation despite reporting net income of ₱999.72 billion in 2024, marking a dramatic rise from ₱1.46 billion in 2023.

The company attributed the surge primarily to the ₱1.33 trillion in fair value gains from its vast property portfolio, with total assets ballooning to ₱1.37 trillion by year-end, up from ₱28.64 billion in the previous year.

Central to Villar Land’s portfolio is Villar City, a 3,500-hectare integrated estate spanning southern Metro Manila and Cavite. The company emphasized that its commercial lot pricing, particularly in the Innovation District (₱345,000/sqm), remains competitively positioned against nearby premium developments such as Filinvest City (₱396,000–₱592,000/sqm) and Ayala Land’s Cerca Alabang (₱420,000/sqm).

“These comparable rates validate Villar Land’s fair-value revisions, mirroring actual transaction values in the market,” the firm said in a statement.

Villar Land’s strategic vision includes infrastructure-driven value unlocking, highlighting projects like Villar Avenue, upcoming LRT and Bus Rapid Transit networks, and enhanced connectivity via the Muntinlupa-Cavite Expressway.

Since its rebranding in 2023, Villar Land has rolled out landmark developments such as Forresta, a 118-hectare mixed-use estate, and its lifestyle component Forresta Café, opened in early 2024. Future rollouts include the Villar City Stadium, two 18-hole golf courses (in partnership with Curley-Wagner Golf Design), and a University of the Philippines-Dasmariñas campus.

Recent acquisitions—Althorp Land Holdings Inc., Chalgrove Properties Inc., and Los Valores Corp.—further expand Villar Land’s strategic footprint.

Positioning itself as a major player in real estate-led economic transformation, Villar Land said it is “poised to maximize its landbank to create new prime growth corridors that can fuel progress and deliver real and durable value.”

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