Rockwell Land Corporation Declares 500 Hectares in Land Bank, Forecasting Revenue Growth Until 2028

Rockwell Land Corporation declared a significant growth in its landbank with a total of 500 hectares to its name this year. This is projected to generate an increase in revenue for the company in the next 5 years.

"More than 90% of our land bank is located in the key cities of Pampanga, Laguna, Batangas, and Bulacan," says Rockwell Land Chairman and CEO, Nestor Padilla. "Our current presence in these strategic sites has given us the optimism to develop more products, allowing us to excite our core market with new offerings to complement their lifestyle."

This year, the company is slated to unveil three major horizontal developments. Among these is a new neighborhood in San Jose Del Monte, Bulacan, totaling 100 hectares. This project in Bulacan, dubbed The Samanean at Paradise Farms is meant to provide a hillside escape and health retreat for its future residents. Meanwhile, upcoming in Lipa, Batangas, are a 63-hectare mixed-use development in conjunction with General Milling Corporation (GMC) and a 38-hectare residential development with a hotel concept. The latter will be called Lauan Ridges and will provide amazing views of Taal Lake.
 
"Our commitment to provincial development remains steadfast, as evidenced by our ongoing expansion and development efforts in provincial areas," shares Rockwell Land President and

COO, Valerie Soliven. "With projects underway in Bulacan, Batangas, and the Visayas, we anticipate significant progress in the provinces."

Rockwell Workspaces likewise takes its first move outside of Metro Manila with the July 2024 debut of 1 Rockwell, the first office building in the 2.8-hectare IPI Center complex, bringing new investment options to the heart of Cebu City.

Rockwell also reported a P3.1 billion Net Income After Tax (NIAT) to Parent in 2023, a 35% increase compared to the previous year, surpassing the pre-pandemic level. P18.5 billion of revenues were from both their residential and commercial divisions, with retail gaining 27% from the previous year due to increased rental rates and new shop openings.
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​Through the dynamic real estate landscape, the developer continues to broaden not just its territory but also the products it offers. Rockwell Land is devoted to providing its customers with a distinct brand of quality and service as it grows its business.