Rockwell Land Corporation (PSE: ROCK), at its Annual Stockholders’ Meeting held on May 28, 2025, reported a Php 3.7 billion Net Income After Tax (NIAT) to Parent in 2024, a 19% increase from 2023. The developer also announced a record-breaking Php 8.2 billion Reservation Sales in the 1st quarter of the year, a 70% increase versus previous year.
Consolidated revenues reached Php 20.1 billion for the real estate developer in 2024. “Residential Development continues to be our largest contributor, generating Php 15.9 billion in revenues, up 10% from last year,” says Rockwell Land President and COO, Valerie Soliven. “Our Commercial segment also showed solid growth, with revenues reaching Php 4.2 billion, a 4% increase from 2023.”
From the total Q1 2025 reservation sales this year, Php 3.5 billion is credited to the overwhelming response to Rockwell’s newly-launched horizontal projects. The Samanean at Paradise Farms in Bulacan and Molinillo at Rockwell Center Lipa each saw its first phases taken up rapidly upon its launch in December 2024, while Lauan Ridges by Rockwell in Mataasnakahoy and Lipa, Batangas launched its first phase in February 2025 and is currently more than 50% sold. This affirms the growing market demand for horizontal properties, enhanced by the elements of a thoughtfully curated self-contained community.
Its high-end condo development in Rockwell Center Makati, Edades West, likewise contributed 20% to the total 1st Quarter Reservation Sales. These results strengthen the continued demand for premium residential developments, and the resilience of the luxury segment in the real estate industry.
Further elevating its brand of lifestyle in Cebu, Rockwell will soon also announce a full-service hotel at Aruga Resort and Residences – Mactan. This next phase will present travelers an opportunity to experience Rockwell’s standard of leisure, and provide investors with an attractive asset to add to their portfolio. At the heart of Cebu City meanwhile, the mixed-use IPI Center Done Rockwell will also expand with the acquisition of a 7,500 sqm property adjacent to it. The community then provides further convenience with more space for its retail component and an additional access point directly to Gov. Cuenco Avenue, commonly known as Banilad Road.
“Raising the bar and setting standards have always been our guiding principles. These values have kept us on course, even in uncertain market conditions,” says Rockwell Land Chairman and CEO, Nestor Padilla. “This is how we will approach our next 30 years – relentlessly striving for excellence and innovating beyond the ordinary – alongside those who shape our brand’s success: our people and loyal customers.”
As Rockwell Land marks its 30th year in the industry, so too does it continue to elevate its offerings for their clients’ dynamic needs in the real estate landscape. It steadily grows its business, remaining committed to further serving the distinct brand of quality that it has become known for.
To view Rockwell Land’s 2024 Annual Report, please visit 2024report.e-rockwell.com.