Subdivision and Housing Developers Association - SHDA

𝐂𝐡𝐞𝐞𝐫𝐬 𝐭𝐨 𝟓𝟔 𝐲𝐞𝐚𝐫𝐬! 🥂

Reliving the futuristic, synergy-driven moments from the Subdivision and Housing Developers Association's 56th Anniversary Celebration held last May 20, 2026, at Marquis Events Place, Bonifacio Global City.

It was a meaningful gathering made even more special by the presence of our members, guests, and sponsors. Thank you for your continued trust, support, and partnership in advancing the housing sector.

Stay connected for more updates and initiatives as we continue building communities together.

𝐏𝐫𝐨𝐮𝐝 𝐭𝐨 𝐛𝐞 𝐚 #𝐒𝐇𝐃𝐀𝐂𝐞𝐫𝐭𝐢𝐟𝐢𝐞𝐝𝐌𝐞𝐦𝐛𝐞𝐫!🏡

Livingsprings Communities Realty & Development Corporation is a real estate developer established in 2007, focused on building healthy, well-planned communities. Guided by its vision of an “overflowing life experience,” it also supports scholarship, housing, and welfare initiatives. Its projects include Tres Palmas in Taguig City and the award-winning 10 Acacia Place in Cubao, Quezon City, as it continues to develop healthy communities across Metro Manila.

SHDA serves as a strong and collaborative platform for member developers, providing timely and relevant industry updates on regulations, policies, and emerging opportunities. This enables members to stay compliant, anticipate changes, and make informed decisions in their projects, while fostering a community for knowledge-sharing and best practices.

Together, we’re building better homes and a stronger housing future for all.

Eid Mubarak from SHDA!

To our Muslim brothers and sisters, we extend our warmest wishes on this blessed occasion. May it bring peace, joy, and prosperity to you and your loved ones.

𝐒𝐇𝐃𝐀 𝐈𝐧 𝐀𝐜𝐭𝐢𝐨𝐧

SHDA Chairman Francis Richmond Villegas, 1st Vice President Atty. Marianne Reyna Lina-Cruz, Assistant Corporate Secretary Clarissa De Joya, Governor Joel Punzalan, and Officers from Property Company of Friends, Robinsons Land, SM Development Corporation, and Fino Property Ventures conducted a meeting with the team of BIR Deputy Commissioner-Legal Group Atty. Larry Barcelo to present a Consultative Discussion on the VAT Treatment of Donation of Subdivision Roads, Open Spaces, Parks, and Common Areas to local government units under PD957 and PD 1216 on May 21, 2026, at BIR Central Office, Diliman, Quezon City.

Led by the Managing Partner of Ramon F. Garcia & Company, CPAs, Mr. Ramon Garcia, the delegation presented some concerns and recommendations on the mandatory turnover of subdivision open spaces to LGUs being subject to VAT and interpreted as "transactions deemed sale".

SHDA shared with the BIR that the VAT imposition on the donation of open spaces could also impact housing delivery on top of the experiences in securing necessary housing permits and licenses. The association also suggested that there is a need for a uniform application of the law across the country, and the same be harmonized with existing statutes, specifically PD 1216 and other DHSUD administrative issuances.

The BIR responded that they are currently drafting a BIR circular addressing clarification on pertinent tax issues, including the vatability of donated open spaces, and will remain in constant communication and dialogue with the private sector on other important tax matters related to housing developers.

SHDA, led by Chairman Villegas, expressed its further support and cooperation to the BIR Legal Group in improving tax regulations towards a better real estate regulatory environment.

𝐖𝐚𝐫𝐦 𝐀𝐩𝐩𝐫𝐞𝐜𝐢𝐚𝐭𝐢𝐨𝐧 𝐭𝐨 𝐎𝐮𝐫 𝐒𝐩𝐨𝐧𝐬𝐨𝐫𝐬

A heartfelt thank you to all our sponsors for your participation and support at SHDA’s 56th Anniversary Celebration last night 🏡✨ Your generosity and partnership reflected the strong synergy among member developers, partners, and industry stakeholders in a meaningful celebration of collaboration within the housing sector.

We sincerely appreciate your continued trust and commitment. Here’s to more shared successes ahead!

Closing SHDA’s 56th Anniversary celebration with remarks from Mr. Kerwin Padua, SHDA National President, in a continued push for greater synergy as the industry moves forward together.

Building on this momentum, anticipation grows for this year’s National Developers Convention, a premier gathering of industry leaders, partners, and stakeholders that will further strengthen collaboration, spark innovation, and advance the continued growth of the housing sector.

A celebration of futuristic creativity and bold imagination at SHDA’s 56th Anniversary Celebration.

Congratulations to the winners of the Best in Costume award for showcasing radiant, luminous, forward-looking designs that stood out.

Honoring our valued partners and sponsors for their excellence, steadfast partnership, and meaningful contributions to SHDA’s 56 years of service through the "Rising Nova Award," "Stellar Alliance Award," and "Supernova Partnership Award."