Forest Lake Memorial Services Corporation

Name

Forest Lake Memorial Services Corporation

Legal name

Forest Lake Memorial Parks

Website

https://forestlakeparks.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Forest Lake Memorial Services Corporation is a Philippine memorial park developer operating 42 parks across Luzon, Visayas, and Mindanao, selling memorial lots and offering cremation, chapel, and interment services to Filipino families through a 550+ agent direct sales force and 31 branches.

Ownership category

akta.pro rank

Headquarters

HQ city

Binan, Laguna

HQ country

Philippines

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Personnel, Technology or R&D, Marketing or Sales, Operations, Supply Chain

Revenue model

1. Memorial Lot Sales: Sale of memorial lots including Lawn Lots, Estate Lots, Legacy Lots, and Mini-Mausoleums. One-time purchase with monthly amortization payment options available. All interments are permanent.
2. Monthly Amortization Payments: Customers can purchase lots through installment plans with monthly amortizations, providing recurring revenue stream
3. Cremation Services: Full cremation services including pickup, processing of permits, cremation certificate, premium cremation, and urn. Available in Biñan and Iloilo locations.
4. Memorial Chapel Services: Full range of memorial services from body pickup to chapel viewing including embalming, caskets, and memorial chapels at Biñan and Iloilo locations
5. Interment Services: Interment services for full body, bone, and ash interments at memorial parks
6. Libre Burol / Libre Haya Services: Free funeral services offered to families through accredited funeral home partners across Luzon, Visayas, and Mindanao

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels9 records

Core offering

Forest Lake Memorial Services Corporation develops and operates memorial parks and provides end-to-end memorial care services across the Philippines. The company sells memorial lots (Lawn, Mini-Mausoleum, Estate, and Legacy) through installment plans and operates funeral chapels, crematoriums, and interment services under its "Total Memorial Care" concept at 42 park locations nationwide.

Product overview

Forest Lake Memorial Parks operates as a memorial park developer and total memorial care provider in the Philippines. The core product portfolio consists of four memorial lot types: Lawn Lot (underground interment), Mini-Mausoleum (above-ground), Estate Lot (12-lot premium), and Legacy Lot (premium largest option). Supporting services include Forest Lake Chapels (Biñan and Iloilo) offering full memorial services from body pickup to viewing, cremation services at Biñan and Iloilo starting at ₱30,000, interment services, online funeral/livestream services, and an online obituary platform. Customer-facing digital platforms include myForestLake Customer Portal for account management and an Agent Portal for sales force support. The company operates 42 memorial parks nationwide across Luzon, Visayas, and Mindanao.

Differentiator

Problem solved

Functional benefit

Products and services

• Lawn Lot Underground interment spaces set in a healing garden with flat on-ground marble markers, supporting double interment options and transferable/assignable ownership. Sold primarily to Filipino families for pre-planning memorial needs.
• Mini-Mausoleum Above-ground interment structures inside open-type mausoleums designed for families seeking open-air memorial spaces connected to nature.
• Estate Lot Premium 12-lot space (4m x 7.50m) with above-ground interment inside an open-type mausoleum, offering greater privacy and indivisible transferability for whole family units.
• Legacy Lot The most spacious premium memorial lot option (18-lotter at 6m x 7.50m or 24-lotter at 8m x 7.50m) with above-ground mausoleum construction, providing maximum comfort for family visits.
• Forest Lake Chapels Full-service memorial chapels offering body pickup, embalming, caskets, and memorial chapel viewing. Operated at Biñan and Iloilo locations.
• Cremation Services Cremation services with premium equipment operated by trained professionals, including pickup, processing of cremation permit, issuance of cremation certificate, premium cremation, and wood or marble urn. Starts at ₱30,000. Available at Biñan and Iloilo.
• Interment Services Personalized interment services for full body, bone, and ash interment with scheduling support and facilities located within 10km of major cities.
• Online Funeral Services Digital memorial services including funeral live streaming, video conferencing, and virtual presentations enabling remote family participation in funeral proceedings.
• Online Obituary Service Online obituary platform allowing families to search obituaries, access service information, share messages and photos, and send flowers or gifts.
• Grief Support Program Grief support services including grief workshops, webinars with professional grief coaches, and onsite counseling at parks and chapels.
• myForestLake Customer Portal Internet-based self-service platform for policy owners to access policy information, buy lots, pay monthly amortizations, and perform account servicing transactions online.

Quantifiable outcome

• Record-breaking ₱5.5 billion sales in 2025 (45% increase from ₱3.8 billion in 2024)
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Okada ManilaminorOthersEvent venue partner for the 12th National Sales Convention held on April 21, 2026. The convention gathered over 550 guests from across the country for recognition and celebration of sales achievements.
• Accredited Funeral Home PartnerscoreChannel Partner/ Reseller/ DistributorNetwork of accredited funeral home partners across Luzon, Visayas, and Mindanao supporting Libre Burol (free funeral) services. These partners enable Forest Lake to make compassionate and practical memorial care accessible to more Filipino families.
• Gary ValencianominorOthersEntertainment performer at the 12th National Sales Convention, providing mini-concert performance during the celebration event.
• AZTERminorOthersEntertainment performer at the 12th National Sales Convention, providing special performances during the event celebration.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• StoneMor Partners: US-based owner and operator of cemeteries and funeral homes. Closely comparable multi-park cemetery operator with pre-need sales motion similar to Forest Lake's.
• Dignity plc: UK-listed funeral services operator with cemetery and crematoria operations. Comparable integrated death-care platform; benchmark for pricing and customer experience.
• Park Lawn Corporation: Canadian cemetery, funeral, and cremation operator with multi-region park network. Comparable cemetery+services platform; useful benchmark for cross-sell and recurring service mix.
• Service Corporation International: Largest North American funeral, cemetery, and cremation operator. Comparable business model (lot sales + service revenue) at vastly greater scale; useful for benchmarking unit economics and capital intensity.

Direct peers

• Manila Memorial Park: Established Metro Manila-based memorial park operator with crematorium and chapel services. Direct competitor in the greater Manila and Luzon cemetery and cremation segments.
• Golden Haven Memorial Park: Listed Philippine memorial park developer with multiple parks nationwide. Direct competitor to Forest Lake in cemetery lot sales, interment services, and pre-need offerings for Filipino families.
• St. Peter Life Plan: Listed Philippine provider of pre-need memorial plans, life plans, and interment services. Competes with Forest Lake on pre-need lot/plan sales and bundled end-of-life products.
• Loyola Memorial Park: Long-standing memorial park in Metro Manila offering interment, chapel, and cremation services. Direct competitor for premium in-ground and above-ground burial lots in Luzon.
• Sanctuario de Manila Memorial Park: Philippine memorial park operator with interment and chapel services. Direct competitor in the Luzon cemetery segment with overlapping customer base.

Regional players

• Nirvana Asia: Asia-listed (Malaysia) provider of pre-need funeral and cemetery plans across Southeast Asia. Closest regional comparable in business model, pre-need focus, and Asian market dynamics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@forestlakeparks
• Facebookfacebook.com/ForestLakeMemorialParks
• Instagraminstagram.com/forestlakememorialparks
• LinkedInlinkedin.com/company/forest-lake-memorial-services-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Forest Lake Memorial Services Corporation