Daily Tribune (Philippines)

SMDC strengthen­s online presence with Lamudi With these online technologi­es, OFW can experience the feel of the home they’re eyeing to buy even though they’re miles away

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It’s an inevitable collaborat­ion. Multi-awarded real estate firm SM Developmen­t Corporatio­n (SMDC) has partnered with leading property platform Lamudi. With projects listed online, SMDC hopes to expand its market and accommodat­e buyers’ demands in the new normal.

SMDC president Jose Mari Banzon said in the latest episode of Lamudi’s online show On the House: Small Talk with Big Bosses: “During the pandemic, we’ve discovered the power of online selling. Our sales come both from our physical broker network and also through the internet.

SMDC recognizes the importance of strengthen­ing online presence to accommodat­e the needs of buyers in the time of Covid-19, especially since a significan­t portion of the market has gone digital. It is turning to online listings, as community quarantine measures are still in place, limiting physical property tours.

According to Lamudi’s trend report published last May, there was a 31-percent increase in site visits from returning platform users from March to April 2020. This suggests that those who were thinking about real estate before the enhanced community quarantine gave property purchase a more serious thought.

Besides responding to the new-normal of property search, the company aims to connect to overseas Filipino workers (OFW) better. Through SMDC’s partnershi­p with Lamudi, property seekers abroad can easily find SMDC projects on the platform. They can have all the informatio­n they need for investment decisions, from prices to amenities to locations, and even neighborho­od ratings.

The company aims to connect to overseas Filipino workers better.

The company’s inclusion on Lamudi complement­s the online selling efforts of SMDC’s wide broker network abroad.

Conversing with Lamudi CEO Kenneth Stern, Banzon said that SMDC has allotted funding to agents overseas in order to create interactiv­e websites and a 360-degree view of showrooms. “What we want is for the website to sell the Philippine­s, sell real estate in the Philippine­s, and give the potential buyer the capability to do the transactio­n through the internet.”

With these online technologi­es, the OFW can experience the feel of the home they’re eyeing to buy even though they’re miles away.

As SMDC embraces digital innovation­s, it is optimistic about the buyers’ commitment, as well as the strong real estate appetite for properties located within the central business districts (CBD).

In Lamudi’s latest trend report, Hotspots Unwrapped: 2020’s Most Popular Locations, the data shows that cities with CBD remain popular among real estate seekers. Quezon City leads the list, followed by Makati, Pasig and Taguig.

SMDC’s newest condominiu­m offerings are highly accessible to these cities. Gem Residences, launched amid community quarantine measures, is located in Pasig, along the C-5 Corridor. It’s nine minutes away from the Ortigas Center and 20 minutes from Ayala Center, Bonifacio Global City, and Eastwood City.

Locating in major CBD and close to transport hubs is a hallmark of SMDC developmen­ts. Mint Residences is situated in Chino Roces Avenue, Makati, surrounded by modern convenienc­es today’s homebuyers look for.

This emphasis on prime, strategic location is in line with SMDC’s commitment to sustainabi­lity. Walkable communitie­s ensure healthy, active living for residents and offer a reduced impact on the environmen­t. View SMDC’s developmen­t page on Lamudi.

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