Villar Land
Villar Land is a Philippine holding company with interests in residential real estate, memorial parks, and related property development businesses.
Last updated August 26, 2026
Overview
Villar Land, legally Villar Land Holdings Corporation, is a Philippine holding company associated with businessman and politician Manny Villar. The company traces its corporate history to its incorporation on November 16, 1982, when it began as a developer and manager of columbaria and memorial parks rather than as a conventional residential property company. Its first Golden Haven Memorial Park was established in 1984 on a two-hectare site in Las Piñas, creating the foundation for what became the Golden Haven memorial-park business. The company’s corporate identity changed several times as its activities expanded. Golden Haven Memorial Parks, Inc. became publicly listed on the Philippine Stock Exchange in 2016 and subsequently shortened its name to Golden Haven, Inc. In 2017, it entered mass housing by acquiring Bria Homes Inc. from Cambridge Group, Inc., another company associated with the Villar business group. The transaction, reported at approximately 3 billion Philippine pesos, broadened the company from death-care services and memorial real estate into affordable residential development. In 2018, the company adopted the name Golden Bria Holdings, reflecting the importance of the Bria Homes business, and in 2020 it changed its corporate name again to Golden MV Holdings. Through Bria Homes, the group developed residential subdivisions aimed at the mass-housing market. Bria was incorporated in 2009 and later expanded into mid-rise condominium construction in 2020. Through Golden Haven, the company continued to operate a chain of columbaria and memorial parks, with Golden Haven Las Piñas identified as its principal facility. These businesses gave the company exposure to both recurring death-care demand and large-scale property development. In 2024, the company acquired several land parcels intended to form part of Villar City, a large development associated with the Villar group. The land transactions and the market’s valuation of the company made Villar Land a prominent subject in Philippine business reporting. In November 2024, the company was announced as being renamed Villar Land Holdings Corporation. It also announced a proposed change in its Philippine Stock Exchange ticker from HVN to VLC in December 2024, although reference material reports conflicting information about the ticker still being displayed as HVN in December 2025. The company’s later history has also been marked by regulatory scrutiny. In March 2025, Villar Land declared a 2024 profit of 1.33 trillion Philippine pesos, a figure described as being substantially connected with the Villar City development. The Philippine Securities and Exchange Commission later determined the relevant value to be 52.74 billion pesos and, in November 2025, revoked the license of E-Value Phils. Inc. over alleged failures to meet international appraisal standards. In January 2026, the SEC reportedly filed a complaint with the Department of Justice alleging market manipulation, insider trading, and misleading disclosures involving Villar Land, its officers, and related entities. These matters were allegations and regulatory proceedings rather than established findings in the supplied reference material. Villar Land therefore represents the evolution of a memorial-park company into a diversified property holding group. Its portfolio links memorial parks, columbaria, mass-market housing, condominiums, and land connected with the Villar City development. The company’s current corporate and market status should be checked against Philippine Stock Exchange and Securities and Exchange Commission records because the supplied reference contains conflicting ticker information and reports of ongoing regulatory proceedings.
History
Villar Land Holdings Corporation originated as Golden MV Holdings, a company incorporated in the Philippines on November 16, 1982. Its original business was the development and management of columbaria. In 1984, it established the first Golden Haven Memorial Park on a two-hectare property in Las Piñas. The business was associated with Manny Villar and gradually developed a chain of memorial parks and columbarium facilities. The company entered the Philippine Stock Exchange in 2016 under the Golden Haven Memorial Parks name. It later dropped “Memorial Parks” from its corporate name. In 2017, the business expanded beyond death-care real estate by acquiring Bria Homes Inc. from Cambridge Group, Inc., a transaction reported at approximately 3 billion Philippine pesos. Bria Homes had been incorporated in 2009 and operated residential-subdivision projects aimed at the mass-housing market. In 2018, the listed company became Golden Bria Holdings, and in 2020 it adopted the name Golden MV Holdings. Bria broadened its residential platform in 2020 by entering mid-rise condominium construction. The company consequently combined two principal operating areas: Golden Haven’s memorial parks and columbaria, and Bria’s mass-market residential projects. It also became connected with larger Villar group land-development activities. In October 2024, Golden MV obtained several parcels intended for Villar City. In November 2024, the company was announced as changing its name to Villar Land Holdings Corporation. A proposed Philippine Stock Exchange ticker change from HVN to VLC was announced in December 2024. The supplied reference material contains an unresolved contradiction, stating both that the ticker changed to VLC and that it remained HVN as of December 2025. The company’s reported 2024 financial results and land valuations subsequently attracted regulatory attention. In March 2025, Villar Land declared a 1.33 trillion peso profit for 2024, described as being largely related to Villar City. The Securities and Exchange Commission later determined the actual value to be 52.74 billion pesos and revoked the license of E-Value Phils. Inc. in November 2025 for alleged noncompliance with international appraisal standards. In January 2026, the SEC reportedly filed a Department of Justice complaint alleging market manipulation, insider trading, and misleading disclosures involving Villar Land, its officers, and related entities. The allegations included a claim that Camille Villar purchased 73,600 shares in December 2017 without timely disclosure, after which the share price rose. The supplied material does not establish final liability or adjudication.
- 2026SEC complaint
The SEC reportedly filed a complaint with the Department of Justice alleging market manipulation, insider trading, and misleading disclosures.
- 2025Regulatory dispute over reported valuation
The SEC reportedly challenged the valuation underlying the company’s reported 2024 profit and revoked the license of E-Value Phils. Inc.
- 2024Land acquisitions for Villar City
The company obtained several parcels intended to become part of Villar City.
- 2024Villar Land corporate rebranding
The company announced a change of corporate name to Villar Land Holdings Corporation and a proposed ticker change from HVN to VLC.
- 2020Golden MV name adopted
The company adopted the Golden MV Holdings name while Bria expanded into mid-rise condominiums.
- 2018Adoption of Golden Bria name
The company changed its name from Golden Haven to Golden Bria Holdings.
- 2017Entry into mass housing
The company began acquiring Bria Homes from Cambridge Group, Inc., expanding into mass-market residential development.
- 2016Philippine Stock Exchange listing
Golden Haven Memorial Parks, Inc. became listed on the Philippine Stock Exchange.
- 2009Bria Homes incorporated
Bria Homes Inc. was incorporated as a residential-development company.
- 1984First Golden Haven memorial park
The first Golden Haven Memorial Park was established on a two-hectare site in Las Piñas.
- 1982Corporate incorporation
Golden MV Holdings was incorporated on November 16, 1982.
Products and positioning
A Philippine property holding group spanning death-care real estate, affordable housing, condominiums, and large-scale land development, with business activities associated with the Villar group.
Golden Haven Memorial ParksMemorial parks and columbaria1984
Golden Haven is the company’s memorial-park and columbarium business. It originated in the company’s initial 1980s operations and developed a chain of facilities in the Philippines. Golden Haven Las Piñas is identified as its main facility. The business provides property and interment-related infrastructure associated with memorial and death-care services.
Bria HomesMass-market residential development2009
Bria Homes is a Philippine residential-development brand incorporated in 2009. It develops subdivisions intended for the mass-housing market. The brand became a subsidiary of Villar Land’s predecessor after the company began acquiring Bria Homes in 2017. In 2020, Bria expanded into mid-rise condominium construction.
Villar CityLarge-scale property development
Villar City is a large development associated with the Villar group. Villar Land obtained several land parcels in 2024 that were intended to form part of the project. The supplied material does not provide a complete description of its master plan, geographic scope, completion schedule, or operating structure.
Flagship businesses
- Golden Haven Memorial Parks
- Golden Haven Las Piñas
- Bria Homes
- Villar City-related land development
Brand decisions
- 2024Villar Land rebranding and ticker proposalStrategy
The company’s portfolio and land interests had expanded beyond the Golden Haven memorial-park identity.
What changed. It announced a corporate name change to Villar Land Holdings Corporation and a proposed Philippine Stock Exchange ticker change from HVN to VLC.
Aftermath. The rebranding aligned the listed company more closely with the Villar group and its broader property activities. The supplied reference contains conflicting information about whether VLC or HVN remained the effective ticker in later records.
- 2020Expansion into mid-rise condominiumsProduct launch
Bria Homes had established the company’s presence in mass-market residential subdivisions.
What changed. Bria expanded its development activity to mid-rise condominium projects.
Aftermath. The move broadened the residential product range beyond subdivision housing.
- 2017Acquisition of Bria HomesM&A
The company sought to expand from memorial parks and columbaria into mass-market residential property development.
What changed. It began acquiring Bria Homes Inc. from Cambridge Group, Inc., another Villar-associated company, in a transaction reported at approximately 3 billion Philippine pesos.
Aftermath. The acquisition established Bria Homes as a major residential-development component of the company and was followed by the Golden Bria corporate name.
Reported acquisition value. Approximately PHP 3 billion (2017)
Leadership
| Name | Title | Tenure |
|---|---|---|
| Ana Marie Pagsibigan | Director | — |
| Camille Villar | Director | — |
| Cynthia Javarez | Director | — |
| Cynthia Villar | Director | — |
| Garth Castañeda | Director | — |
| Manny Villar | Chair | — |
| Mark Villar | Director | — |
| Paolo Villar | Director | — |
Controversies
- 2026SEC complaint alleging market and disclosure violationsControversy
In January 2026, the Philippine SEC reportedly filed a complaint with the Department of Justice against Villar Land, officers, directors, and related entities. The allegations included market manipulation, insider trading, and misleading disclosures. The reference material also identified a disputed December 2017 purchase of 73,600 shares by Camille Villar and alleged that the transaction was not promptly disclosed. These remain allegations in a reported regulatory complaint.
- 2025Disputed profit and property valuationControversy
Villar Land reported a 1.33 trillion peso profit for 2024, while the Securities and Exchange Commission reportedly determined the relevant actual value to be 52.74 billion pesos. The SEC also revoked E-Value Phils. Inc.’s license in November 2025 over alleged failures to comply with international appraisal standards. The supplied material does not establish a final judicial determination against Villar Land.
Recent events
- 2025Villar Land reports exceptionally large 2024 profit
In March 2025, the company declared a 2024 profit of 1.33 trillion Philippine pesos, largely linked in the reference material to Villar City development.
Other - 2024Golden MV acquires land connected with Villar City development
The company obtained several land parcels intended to form part of the Villar City development.
Other - 2024Company announces transition to Villar Land Holdings Corporation
The company was announced as changing its corporate name from Golden MV Holdings to Villar Land Holdings Corporation.
Other - 2024Company announces proposed Philippine Stock Exchange ticker change
The company announced a change of its Philippine Stock Exchange ticker from HVN to VLC, although supplied reference material reports conflicting later information about the ticker.
Leadership change
Sources
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