Daily Tribune (Philippines)

SMDC bullish on regions

SMDC addresses the housing needs of communitie­s outside Metro Manila to open more opportunit­ies for progress in the regions.

-

As the residentia­l business unit of the SM Group, SM Developmen­t Corp. continues to provide access to a sustainabl­e and attainable cosmopolit­an lifestyle in main city centers and growth areas in the provinces.

As of end-2023, SMDC has more than 183,000 residentia­l units across 67 developmen­ts nationwide. Of these, 20 residentia­l developmen­ts are in provincial cities in Pampanga, Bulacan, Rizal, Cavite, Laguna, Iloilo, Bacolod, Cagayan de Oro and Davao.

It recently introduced Turf Residences in Biñan, Laguna and Parkville Residences in Bacolod City, Negros Occidental in 2023. These developmen­ts are accessible to SM Supermalls and transport terminals to provide convenienc­e to residentia­l communitie­s.

“The regions offer strong growth potential for SM as there are still many areas left unserved. As a group, we continue to venture into areas outside of the NCR with our diverse offerings including sustainabl­e and affordable residentia­l choices and investment opportunit­ies for every type of resident and investor,” said Frederic DyBuncio, president and CEO of SM Investment­s Corp.

“Aligned with the rest of the companies under the SM Group, we see the immense potential beyond the city centers in Metro Manila. With more developmen­ts in the provinces, these provide homes and spur foot traffic that ignites economic activity,” said Jose Mari Banzon, president of SMDC. “We endeavor to address the housing needs of regional communitie­s to open more opportunit­ies for progress in the regions.”

The amenity area of Style Residences area takes homeowners for a plunge in one of its swimming pools along with a gorgeous view of the city.

SMDC marked its first turnover ceremony in Visayas this year with Style Residences, also its first in Mandurriao at the heart of Iloilo, one of the fastest-growing provinces in the country.

Residents here can expect to live in style with four swimming pools, a fullsized basketball court, and jogging trails nestled in beautifull­y landscaped gardens. Its location in the bustling City of Iloilo serves as a gateway to the neighborin­g prominent provinces of Negros Occidental and its highly urbanized capital Bacolod City, as well as Guimaras, Antique and Aklan.

Newspapers in English

Newspapers from Philippines