Rockwell Land Corporation (Rockwell Land) is a pioneer in developing master-planned residential and commercial communities in the Philippines. With several developments in the country, including its flagship, Rockwell Center in Makati, Rockwell Land continues to elevate the standards of luxury living by providing beyond ordinary experiences for its discerning clientele. Rockwell Land continues to bring its brand of luxury lifestyle to more key cities outside of Metro Manila, including Cebu, Laguna, Batangas, Bacolod, and Pampanga.
Financial Highlights
In 2024, Rockwell Land’s net income increased by 21.0 percent to PHP4.1 billion from the PHP3.4 billion in 2023, mainly driven by higher construction progress in existing projects, improved average rental rates, and stable occupancy across its office and retail commercial projects. Rockwell Land’s total revenues in 2024 also went up by 8.7 percent to PHP20.1 billion from PHP18.5 billion in 2023. However, it noted lower reservation sales due to delays in project launches and soft market demand.
2024 Key Highlights
► Rockwell Land launched six developments in 2025, majority of which are horizontal projects. These include The Samanean at Paradise Farms in Bulacan, The Molinillo at Rockwell Center Lipa in Batangas, Cluster 6 of The Rockwell South at Carmelray in Laguna, and Phase 2 of Commercial Lots in Rockwell Center Bacolod. Rockwell also launched 1 Rockwell at IPI Center in Cebu which is an office commercial development.
► Rockwell Land has also completed and turned over key projects, including Rockwell South at Carmelray (Clusters 1, 2, and 3), Terreno South (Phase 3), Nara Residences (Residential Lots), Arton North, and The Balmori Suites.
► To date, Rockwell Land has grown its recurring portfolio to 88,234 sqm of retail gross leasable area (GLA), and 151,960 sqm of office GLA.
Strategy to Implement the Mission
► Rockwell Land has taken substantial steps to minimize its environmental impacts and curb its carbon footprint through the use of green technologies and the implementation of sustainability measures. Among other steps, it installed electric vehicle charging stations in commercial developments, incorporated solar panels at Santolan Town Plaza, and upgraded cooling units to enhance energy efficiency. Rockwell Land’s entire office portfolio has now achieved 100% Green Office Building
► Further sustainability efforts that Rockwell Land adopted last year included automating mall chiller units to reduce consumption, replacing the lighting systems in all common areas with light emitting diode bulbs, reducing water consumption by installing low-flow bathroom fixtures, and using recycled water for irrigation. Rockwell Land has also partnered with Smart Recycle and Black Soldier Fly Larvae Technology to optimize waste recycling.
Looking Forward
► As part of its ongoing growth strategy for 2025, Rockwell Land will utilize part of its 500-hectare landbank and is set to launch new developments in Batangas, Bulacan and Cebu.
► To further demonstrate its commitment to decarbonization and regeneration, Rockwell Land is pursuing the shift to renewable energy of the power requirements of its projects when applicable. It will upgrade to energy- and water-efficient technologies; increase the use of recycled water for irrigation; reduce waste bound for landfill; prioritize efficient building design; and collaborate with stakeholders on environmental protection.
► Rockwell Land will continue to deliver exceptional experiences as the market continues to shift towards quality. It also plans to bolster its position in its core market and further expand its reach with projects spanning different segments and geographic locations.
