ABS-CBN sure knows how to throw a party. The network held its annual Star Magic Ball on September 3 at The Peninsula Manila, where ladies like KC Concepcion, Kim Chiu, Heart Evangelista, and Bea Alonzo dazzled in gorgeous gowns and exquisite jewels.

While black, white, and champagne have been key colors at the event since its inception in 2007, this year's addition of red was a clever choice—mainly for the ladies who chose the fiery shade for their dresses. Regardless of hue, however, our favorites at the ball were Bea Alonzo, Angelica Panganiban, and Iya Villania, whose Old World-inspired looks evoked glamor and decadence befitting such a special night.

Browse through the gallery to see the stylish guests at the 5th Star Magic Ball.

(Photos courtesy of PEP.ph and Paul Cortes. Specific credits apply.)

For more local and foreign celeb style, click through to these galleries:

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