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385:. Its first residential building was the GA Tower Condominium I which broke down in 2003. It was followed by GA Tower II in 2005 and the G.A. Twin Towers. Globe Asiatique began construction of GA Skysuites (later renamed to Skysuites Tower) in 2007. The property was foreclosed by the Rizal Commercial Banking Corporation in September 2010 and was acquired by DoubleDragon Properties in 2014.
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Pag-IBIG Fund employees in 2010 alleged that Globe
Asiatique made the state-run agency grant housing loans to "ghost borrowers" who bought housing units in Xevera Homes in Pampanga. Executives of Globe Asiatique, including founder Delfin Lee, were charged with syndicated
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Globe
Asiatique Realty Holding was incorporated on November 22, 1994 with Delfin Lee as its founder. Lee envisioned the company would be providing housing to people mostly in the low to middle-income
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740:
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Globe
Asiatique was recognized as the Most Pioneering and Responsive Developer at the 2007 Real Estate Development Awards In 2009, Globe Asiatique listed a record income of
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launched in 1994. It was a socialized housing project, originally meant to house Lee's 300 employees but a total of 3,500 houses were built for the development.
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182:(HDMF, also known as Pag-IBIG Fund) housing loan program. Globe Asiatique's first residential housing project was the Santa Barbara Villas I subdivision in
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552:
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Xevera is the flagship township brand of Globe
Asiatique. It has four subdivisions namely Xevera Mabalacat, Xevera Bacolor, and Sameera Angeles City in
442:
292:
at that time. In the same year, the company was already receiving negative publicity in regards to its transactions with the state-run Pag-IBIG Fund.
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Globe
Asiatique has several residential developments under its name, some of which are managed by its affiliate company Filmal Realty Corporation.
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312:. Lee denied the allegations, maintaining that no houses were "double sold", and expressed willingness to settle the issue with Pag-IBIG.
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It is known for its townships in
Central Luzon and Southern Luzon, mostly developed in the 2000s and has built high-rises along
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253:. The PBB house was modeled after a typical home in Globe Asiatique's St. Monique Valais subdivision. It also targeted
797:
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Lazo, Kristyn Nika (September 1, 2014). "DoubleDragon expects P5.2B revenue from
Skysuites Tower". The Manila Times.
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In the 2000s, Globe
Asiatique established several residential townships including its flagship Xevera Homes in
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with the company providing house and lot or condominium unit prizes to winners of the network's game shows
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and by that time has already established itself as a major player in real estate in the
Philippines.
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178:. The company's low-cost housing units and lots were made more affordable through the government's
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220:. It also built residential high-rises, with its first being the G.A. Tower Condominium I along
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in 2005, and The
Enclave in Pampanga in 2006. It also developed the Santa Barbara Villas in
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662:"Real-estate Company Globe Asiatique wins Most Pioneering and Responsive Development Award"
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Other projects of Globe Asiatique include Chateau Valenzuela, a complex of 18 six-storey
161:. The company declined in the 2010s after it got implicated in a housing loan scandal.
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351:. Westchester Realty Corp. acquired the three properties in Pampanga in 2020.
304:. Lee was arrested in March 2014. Lee was later released in September 2018 on
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579:"Direk Bobot Mortiz says complaint of Wowowee contestant is being resolved"
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which was halted when the company got implicated in a controversy in 2010.
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443:"Globe Asiatique's Delfin Lee: Redefining mass housing in the Philippines"
340:
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in 1994. Globe Asiatique also planned to build a campus subdivision in
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in 2010. However it did not push through its plans to launch its first
237:
973:"DoubleDragon to buy RCBC-foreclosed Globe Asiatique property on EDSA"
406:
224:
in 2003. It also initiated the construction of the GA Skysuites (now
1007:"DoubleDragon secures 14th site for community mall chain in Bacolod"
825:"Delfin Lee visits housing community in Pampanga after posting bail"
689:"Globe Asiatique income surges 82% to a record P502 million in 2009"
381:
Globe Asiatique also developed high-rise residential projects along
637:"Delfin Lee says business started to go bad after Binay took over"
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in 2003, the Saint Monique Valais in Rizal in 2003, Casa Ibiza in
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899:"Realty firm takes over 3 neglected housing projects in Pampanga"
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947:"Globe Asiatique offers high-end lifestyle at affordable rates"
405:. Globe Asiatique - Realty Holdings Corporation. Archived from
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house was patterned after St. Monique Valais housing units.
441:
Mendez, Christina; Diaz, Conrado Jr. (November 16, 2009).
922:"Westchester turns over land titles to Xevera homeowners"
120:
850:"No double sale of housing units: Globe Asiatique prexy"
553:"Success secrets of Globe Asiatique Realty's Delfin Lee"
606:"Eviction has never been this glamorous–and profitable"
469:"SEC to probe Globe Asiatique's housing loan practices"
772:"Timeline: Delfin Lee and the Globe Asiatique 'scam'"
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261:on ABS-CBN's best performing shows which aired on
872:"Pag-ibig blacklists Globe Asiatique sister firm"
280:Globe Asiatique planned to make its debut in the
798:"WHAT WENT BEFORE: Globe Asiatique housing scam"
714:"Globe Asiatique to brave market, files IPO bid"
300:(fraud) in 2012. The case was elevated to the
897:Del Rosario, Marna Dagumboy (March 3, 2020).
8:
852:. Philippine News Agency. September 25, 2018
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332:The Skysuites Tower (formerly GA Skysuites)
366:in 2005, the Golden City Business Park in
308:after his charge was downgraded to simple
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1064:Real estate companies of the Philippines
1005:Mercurio, Richmond (December 11, 2014).
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518:
630:
628:
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551:Flores, Wilson Lee (February 8, 2010).
467:Dela Peña, Zinnia (September 2, 2010).
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1069:1994 establishments in the Philippines
823:Macatuno, Allan (September 24, 2018).
585:. Philippine Entertainment Portal, Inc
526:"Filipino Developer eyes Guam, Saipan"
358:condominium buildings established in
7:
920:Manabat, Ashley (October 13, 2020).
132:Globe Asiatique Realty Holdings Corp
739:Dumlao, Doris (September 1, 2010).
635:Cabacungan, Gil C. (May 19, 2014).
604:Vibas, Danny (September 14, 2005).
16:Philippine real estate corporation
14:
532:. Saipan Tribune. August 11, 2009
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770:Reformina, Ina (March 7, 2014).
577:Borromeo, Eric (March 1, 2009).
231:The company has partnered with
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741:"Globe Asiatique suspends IPO"
1:
668:. October 6, 2007. p. B8
687:Diaz, Jeng (March 3, 2010).
497:"Landslide hits subdivision"
403:"Corporate Profile: History"
180:Home Development Mutual Fund
1038:Xevera, Mabalacat, Pampanga
796:Roa, Ana (August 1, 2018).
276:2010s: Housing loan scandal
51:; 29 years ago
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343:and Xevera Neo-Calapan in
829:Philippine Daily Inquirer
802:Philippine Daily Inquirer
745:Philippine Daily Inquirer
666:Philippine Daily Inquirer
641:Philippine Daily Inquirer
282:Philippine Stock Exchange
26:
1074:Companies based in Pasig
975:. GMA News. May 28, 2014
901:. Philippine News Agency
360:Valenzuela, Metro Manila
290:global financial crisis
286:initial public offering
530:Pacific Islands Report
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1009:. The Philippine Star
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1040:at Wikimedia Commons
751:on September 5, 2010
263:The Filipino Channel
953:. February 28, 2004
951:The Philippine Star
804:. Inquirer Research
693:The Philippine Star
557:The Philippine Star
473:The Philippine Star
447:The Philippine Star
409:on January 14, 2012
356:Mediterranean-style
250:Pinoy Dream Academy
226:The Skysuites Tower
146:), is a Philippine
138:), simply known as
23:
878:. October 27, 2010
720:. December 3, 2009
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255:Overseas Filipinos
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49:November 1994
1036:Media related to
244:Pinoy Big Brother
201:Pinoy Big Brother
190:Growth: 2000–2009
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1044:Official website
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184:San Mateo, Rizal
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407:the original
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270:₱502 million
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257:, by buying
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159:Metro Manila
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107:Subsidiaries
72:Headquarters
18:
288:citing the
247:(PBB), and
228:) in 2007.
176:demographic
170:Early years
148:real estate
121:galifestyle
82:Philippines
40:Real estate
1058:Categories
1013:January 1,
979:January 1,
389:References
67:Delfin Lee
214:Mabalacat
718:GMA News
341:Pampanga
316:Projects
218:Pampanga
88:Products
36:Industry
1046:at the
376:Bacolod
368:Bulacan
345:Calapan
238:Wowowee
233:ABS-CBN
210:Bacolor
165:History
116:Website
64:Founder
56:1994-11
54: (
46:Founded
583:PEP.ph
310:estafa
298:estafa
111:Filmal
101:Xevera
98:Brands
501:Tempo
136:GARHC
77:Pasig
1015:2015
981:2015
959:2021
933:2021
907:2021
884:2021
858:2021
836:2021
810:2021
783:2021
757:2021
726:2021
700:2021
674:2021
648:2021
617:2021
591:2021
564:2021
538:2021
509:2021
480:2021
454:2021
415:2021
383:EDSA
306:bail
222:EDSA
212:and
198:The
155:EDSA
123:.com
157:in
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134:(
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