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Rockwell posts 19% NIAT increase in 2024 and 70% growth in reservation sales for Q1 2025

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rockwell logo-1024x538Rockwell Land Corporation, at its annual stockholders’ meeting held on May 28, 2025, reported a net income after tax of P3.7 billion to its parent in 2024, a 19% increase from 2023. 

The developer also announced record-breaking P8.2 billion reservation sales in the first quarter of the year, a 70% increase versus the previous year. Consolidated revenues reached P20.1 billion in 2024.

“Residential development continues to be our largest contributor, generating P15.9 billion in revenues, up 10% from last year,” said Rockwell Land president and COO Valerie Soliven. “Our commercial segment also showed solid growth, with revenues reaching P4.2 billion, a 4% increase from 2023.”

From the total Q1 2025 reservation sales, P3.5 billion is credited to the overwhelming response to Rockwell’s newly launched horizontal projects. The Samanean at Paradise Farms in Bulacan and Mo linillo at Rockwell Center Lipa each saw their first phases taken up rapidly upon their launch in December 2024, while Lauan Ridges by Rockwell in Mata asnakahoy and Lipa, Batan gas launched its first phase in February 2025 and is currently more than 50% sold.

Its high-end condo development in Rockwell Center Makati, Edades West, contributed 20% to the total first quarter reservation sales.

Further elevating its brand of lifestyle in Cebu, Rockwell will soon 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.

In the heart of Cebu City, the mixed-use IPI Center Done Rockwell will expand with the acquisition of a 7,500 square-meter property adjacent to it. The community provides further convenience with more space for its retail component and an additional access point directly to Gov. Cuenco Avenue.

“Raising the bar and setting standards have always been our guiding principles. These values have kept us on course even in uncertain market conditions,” said Rockwell Land chairman and CEO Nestor J. 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.”

 

 

 

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