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Type | Subsidiary |
---|---|
Industry | Real estate |
Founded | August 1977 |
Founder | Manuel Villar |
Headquarters | Worldwide Corporate Center, , |
Key people | Manuel Villar (Chairman) Manuel Paolo Villar (Vice Chairman, President and CEO) Cynthia Javarez (COO) |
Brands |
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Parent | Vista Land |
Website | www |
Camella Inc. also known as simply Camella, is a house and lot and condominium developer in the Philippines. [1] It is the flagship subsidiary of Vista Land, which is part of the Villar Group of Companies associated with Manny Villar. [2] [3]
Camella was founded by Manuel B. Villar, Jr. in August 1977. Villar took out a seven-year loan from a rural bank offering low interest rates then kick-started building and selling at his first project, Camella Homes Phase 1 and 2 in Las Piñas, with 160 units initially. [4] [5] The company became the pioneer for developing house and lot packages in the country when the usual practice at that time was to sell lots for future homeowners to build on. This initiated the mass housing projects through economies of scale, utilizing the cost advantages of developing a large-scale project to bring down housing prices. Camella has since become the country's largest home building company. [6] [7]
Camella has been recognized by Reader's Digest as Asia's Trusted Brand in property development from 2012 to 2017. [8] [9] [10] [11] [12] [13]
In 2016, Camella's Camella Palawan resort was named as Best Housing Development by the Philippines Property Awards. [14]
Emmanuel Dapidran Pacquiao is a Filipino politician and former professional boxer. Nicknamed "PacMan", he is regarded as one of the greatest professional boxers of all time. He previously served as a Senator of the Philippines from 2016 to 2022.
Trusted Media Brands, Inc. (TMBI), formerly known as the Reader's Digest Association, Inc. (RDA), is an American multi-platform media and publishing company that is co-headquartered in New York City and in White Plains, New York. The company was founded by husband and wife DeWitt Wallace and Lila Bell Wallace in New York City in 1922 with the first publication of the magazine Reader's Digest.
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Manuel Bamba Villar Jr. is a Filipino businessman and former politician. He previously served as senator from 2001 to 2013 and as the President of the Senate of the Philippines from 2006 to 2008. Before his stint in the senate, he represented the district of Las Piñas–Muntinlupa from 1992 to 1998, and Las Piñas's at-large district from 1998 to 2001. He also became the speaker of the House of Representatives from 1998 to 2000; in this term, he presided over the impeachment of President Joseph Estrada. From 2019 to 2022, Forbes magazine named Villar as the richest individual in the Philippines, with an estimated net worth of $8.3 billion.
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Vista Land & Lifescapes Inc. also known as simply Vista Land, is a property developer in the Philippines engaged in the real estate and retail industries. The company is part of the Villar Group of Companies associated with Manny Villar, along with the Starmalls, Inc. and Golden Haven, Inc.
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