- Evolution and Adaptation: Originally established as an IT and telecommunications service provider, 8990 Holdings, Inc. underwent a significant transformation, emerging as the Philippines’ top low-cost mass housing developer.
- Foundation in Community Needs: The company’s roots trace back to a government project in 1991, emphasizing the importance of a community-centric vision and mission.
- Rapid Expansion: From its humble beginning with Villa Candida, the company has sold over 85,000 homes and completed 58 Mass Housing projects by the end of 2013, highlighting its accelerated growth and impact.
- Strategic Consolidation: In 2013, 8990 Holdings, Inc. consolidated several real estate entities under its brand, indicating its strategic vision and business acumen.
- Industry Recognition: With numerous awards like the Top Housing Developer in Visayas and the Best Housing Developer award, 8990 Holdings, Inc. has been repeatedly acknowledged for its excellence and quality.
- Leadership Excellence: The recognition of Januario Jesus B. Atencio as the CEO of the Year signifies the pivotal role of strong leadership in the company’s success.
- Entrepreneurial Spirit: Awards like the BizNews Asia Entrepreneurship Excellence demonstrate the company’s innovative approach and dedication to the real estate industry.
- Focus on Quality and Affordability: The company’s consistent commitment is to provide Filipinos with homes that are both affordable and of high quality.
- Community Engagement: Accolades from organizations such as the Organization of Socialized Housing Developers of the Philippines Inc. emphasize 8990 Holdings, Inc.’s meaningful engagement and impact within the community.
- Future-Oriented Vision: As the leading mass housing developer, the company is poised for further expansion and continues to pave the way in realizing the dream of homeownership for many Filipinos.
8990 Holdings, Inc.
From its inception as an IT and telecommunications service provider to its transformation into the Philippines’ leading low-cost mass housing developer, 8990 Holdings, Inc.’s journey is nothing short of remarkable. The story of this powerhouse company reflects dedication, innovation, and a relentless commitment to providing Filipinos with a place they can call home.
A Journey Through Time Born out of a government project’s inspiration in 1991, 8990 Holdings, Inc. began with Villa Candida, a modest residential development in Cagayan de Oro. Fast forward a few decades, and this vision has mushroomed into the nation’s premier mass housing developer, with over 85,000 homes sold across Luzon, Visayas, and Mindanao. As of December 31, 2013, the company has successfully completed 58 Mass Housing projects and has 20 more in the pipeline.
Mergers, Acquisitions, and Transformation In 2012, the company embarked on a transformative journey. Moving away from its IT and telecommunications roots, 8990 Holdings, Inc. pivoted its focus entirely to real estate. This shift was solidified in 2013 when several real estate entities were consolidated under its umbrella. The Securities and Exchange Commission gave its nod to the change, marking the birth of a company that would soon become a household name in the real estate industry.
Accolades and Recognition The company’s exemplary performance and commitment to quality haven’t gone unnoticed. Over the years, 8990 Holdings, Inc. and its dedicated team have garnered several accolades:
- Prestigious Titles: From being named the Top Housing Developer in Visayas by Pag-big to receiving the No. 1 in Visayas in Take-Out of Housing Loan Deliveries honor, the recognition speaks volumes about the company’s supremacy in the housing sector.
- A Nod to Quality: The Deca Homes: Best Housing Developer award for 2012-2013 from the National Product Quality Excellence Awards and the Q Asia’s Seal of Product and Quality Service underscores the brand’s commitment to excellence.
- Community Appreciation: The Plaque of Appreciation by the Organization of Socialized Housing Developers of the Philippines Inc. is a testament to the company’s influence and impact on the housing community at large.
- Corporate Excellence: The Pag-ibig No. 2 Developer award, based on Take Out Value, and the Pag-ibig Fund Midterm Report accolade for being the Top Developer, further cementing its reputation in the industry.
- Leadership Acknowledgment: The CEO of the Year award bestowed upon CEO and President Januario Jesus B. Atencio exemplifies the top-notch leadership steering the company’s direction.
- Entrepreneurial Excellence: The BizNews Asia Entrepreneurship Excellence Awards is a nod to the company’s forward-thinking vision and strategy.
- Citation and Appreciation: The Home Guaranty Corporation has twice recognized the company’s contributions, once with a Citation Award and another time with a Plaque of Appreciation.
Looking Ahead With an ever-growing list of awards, a rich history, and a bright future, 8990 Holdings, Inc. is poised to continue its mission of providing Filipinos with affordable, quality homes. For those looking to be a part of a journey marked by success, dedication, and commitment, 8990 Holdings, Inc. is the name to watch.