In just its first year, Ohmyhome partner PIK was a big winner at the 9th annual PropertyGuru Philippines Property Awards. Russia and Europe’s largest technology and homebuilding company entered the Asia-Pacific region earlier this year with One Sierra.
Looking at projects in Mandaluyong in pre-pandemic Philippines, there is a consistent increase in property prices. In a 2017 report from the Leechiu Property Consultants, the minimum price for property in the area was around ₱92,000 per sqm. During the second quarter of the pandemic, the price per sqm. amidst mobility restrictions and economic contraction, was roughly around ₱206,000. That’s a 117% increase over a three-year period. The forward-thinking condominium development in Mandaluyong City is expected to be complete by 2024. But that hasn’t stopped PIK from bagging the “Breakthrough Developer” award as early as now.
“We develop spaces built with European design and quality standards so that our residents can truly enjoy a more leisurely way of living,” said PIK International CEO and Operations Director Roman Mukhomadeev in his acceptance speech.
The Breakthrough Developer award is one of the most coveted awards the industry body gives out. PropertyGuru Philippines recognized PIK for laying out a strong foundation for the future of its investments in the Philippine market. The homebuilder was acknowledged for advancing local real estate with technology. Among some of the newer technologies brought in by PIK is its fully-digital sales platform, which has proven to be even more valuable during the pandemic.
PIK was awarded for its excellent image, track record, innovation, major achievements, and quality of projects. Its first investment in the Philippines, One Sierra, was officially launched in March 2021. The project was also Highly Commended in the category for Best Upper Mid End Condo Development (Metro Manila).
In addition, PIK received special recognition for its Environmental and Social Governance. This is awarded to real estate developers who emphasize their commitment to social and environmental responsibility in their projects. ESG reports refer to data about the company’s operations in three areas, namely environmental, social, and corporate governance. More discerning and conscious investors look to these reports to avoid companies that pose a great risk.
PropertyGuru explains: “With a corporate philosophy that focuses on green building compliance and sustainability plus eco-technology, a strong future place at the development table is destined.”
Through its modern green building design, One Sierra features eco-conscious additions like environmentally friendly sensor lighting in common areas, a sustainable rainwater collection system, energy-efficient LED lights, and more. Even its glass properties comply with green building standards for maximum efficiency.
“When we heard that PIK was expanding to the country with the One Sierra project, Ohmyhome was excited about what the Moscow-based developer could bring to the table,” Ohmyhome Philippines Marketing Manager Julian Sison adds. “Their distinctly European design sense and expertise have earned them a well-deserved award as a Breakthrough Developer. Ohmyhome extends our congratulations to PIK!”
One Sierra offers 250 units, including studio, one-bedroom, two-bedroom, and “hybrid” spaces known as its small-office/home-office (SOHO) cuts. Property prices range roughly from ₱7,000,000 to ₱17,200,000.
Situated along Sierra Madre Street and EDSA, One Sierra by PIK offers a property investment in one of the progressive locations in all of Mandaluyong.
Buyers can have a peek at European living in the metro soon once the award-winning developer’s showroom at the Menarco Tower in BGC, Taguig opens to the public. For more information on the PIK and the best and latest property listings nationwide and how our Ohmyhome’s online ecosystem helps investors like you, visit Ohmyhome.com or download the official Ohmyhome app.
Ohmyhome was launched in the Philippines in September 2020, following the company’s establishment of a tech team in the country in 2017. Ohmyhome was originally founded in 2016, and subsequently rose in Singapore as a leading PropTech solution and licensed real estate agency.
Ohmyhome expanded into the Philippines so that Filipino home seekers can have a real estate partner that they can trust to have their best interests at heart and can be relied upon to provide exceptional services throughout the entire property journey.
Featuring thousands of properties across many of the Philippines’ major real estate brands, Ohmyhome differs from other local platforms by going the extra mile and extensively helping buyers narrow down their choices and find the property that best suits their budgets, home needs, and lifestyle preferences.
The company’s Real Estate Agents not only help in the shortlisting of options but also provide professional services through the entire purchasing process. These include assistance in property inspections, negotiations, the finalization of the Conditions of Sale, deposit collection, the submission of property documents, as well as providing buyers regular updates.
Ohmyhome helps Filipinos find their dream homes, all while ensuring each real estate transaction is complete and is an efficient and enjoyable experience.