Chamber of Real Estate and Builders' Associations (CREBA) is a private non-stock, non-profit organization that serves as the umbrella association for the Philippine real estate and housing industry. Founded in October 1973, CREBA represents over 4,000 member firms, individuals, and associations involved in land and housing development, building construction, and allied professional services.
CREBA operates under the guiding philosophy of "Business with a Social Conscience" and advocates for "A Home for Every Filipino." You can think of CREBA as the collective voice of the Philippine property sector when engaging with government bodies like the Bureau of Internal Revenue, Department of Human Settlements and Urban Development, and Congress.
Core Mandate
CREBA's legal mandate centers on:
- Promoting awareness that land and real property ownership is imbued with public interest
- Integrating and harmonizing member activities to promote national economic stability
- Initiating studies on affordable housing solutions for Filipino families
- Maintaining cooperation with government toward policies that foster housing development
Key Services
CREBA provides members with critical industry services:
- Advocacy and Representation – Direct engagement with government agencies on legislation affecting the real estate development sector
- Professional Education – The Executive Diploma Program in Real Estate Management (EDPREM) in partnership with De La Salle-College of Saint Benilde
- Land Title Verification – Through CREBALAND, a GIS-integrated mapping system that helps detect fraudulent land titles
- International Realtor Designation – Partnership with the National Association of Realtors (NAR) for REALTOR® certification
- Industry Information – Research, publications, and webinars on tax regulations, Philippine Financial Reporting Standards, and housing policies
Jurisdiction
CREBA maintains 32 chapters throughout the Philippines and 7 overseas chapters. The organization is headquartered in Quezon City at the CREBA Building on Don Alejandro Roces Avenue.
Membership includes:
- Land and property developers
- Real estate brokers and salespersons
- Building contractors
- Urban planners, architects, and engineers
- Property appraisers and financial advisors
- Suppliers of construction materials
Legislative Achievements
CREBA has been instrumental in shaping Philippine real estate law:
- PD 957 (1975) – Subdivision and Condominium Buyers' Protective Decree
- BP 220 (1982) – First social housing law enabling smaller lot sizes
- RA 7835 (1994) – Comprehensive Shelter Finance Act
- RA 10884 (2016) – Reduced balanced housing requirement from 20% to 15%
- RA 11201 (2018) – Creation of DHSUD
- VAT exemption advocacy – Successful campaigns to raise VAT exemption thresholds for housing packages
Relevance to Philippine Real Estate Firms
Real estate brokerages and developers benefit from CREBA membership through:
- Access to BIR tax regulation updates and compliance guidance
- Training programs that fulfill Continuing Professional Development requirements under the Real Estate Service Act
- Land title verification services that protect against fraud
- Networking with over 4,000 industry professionals
For firms using accounting software or CRM systems, CREBA's guidance on PFRS compliance helps ensure proper recognition of real estate revenue, especially for pre-selling transactions and contract to sell arrangements.
Official Resources
- Official Website: CREBA
- Contact: (02) 8373-2273
- Address: CREBA Building, Don Alejandro Roces Avenue, Quezon City
Related Terms
- Philippine Association of Real Estate Boards
- Accredited Real Estate Salespersons of the Philippines
- PRC Board of Real Estate Service
- National Association of Realtors
- Real Estate Service Act
References
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