About Us
About SMDC
SM Prime Holdings Inc. has built the largest properties in the nation throughout the years. They initially focused on mall development but have now expanded into property development thanks to the creation of SM Development Corporation (SMDC).
In addition to making sure that its customers can afford them, SMDC works to guarantee that the condo apartments it offers them are stylish, comfortable, and convenient.
The Philippines is undoubtedly experiencing a significant increase in the real estate industry, with houses now being developed and still queued up. After all, living in a condo is a desirable option. Condominium living enables tenants to experience five-star living in prime areas that provide them quick access to their preferred enterprises.
In particular, the Central Business Districts of Makati, Ortigas, Taguig, Quezon City, Manila, Pasay, Paraaque, and Las Pias, as well as the Mall of Asia Complex, are where SMDC Properties are strategically positioned across Metro Manila.
SMDC provides the makings of your future dream home with first-rate facilities and first-rate services.
Some justifications for thinking about investing are as follows:
A condo is a wise financial decision.
- A good location might result in a higher resale price or higher monthly rental income for your unit.
- With the aid of their rental services, condos may help you rent out your apartment, keeping it occupied and generating income.
- Compared to a single-family home, the purchasing cost is less.
- Even if the property value is considerable, renting it out is frequently less expensive than owning one since upkeep expenses are split.
- When you list your condo for rent, it’s comforting to know that because of the limits placed on condominiums about property maintenance, its value is also preserved.
- Pools, gyms, gardens, and other amazing facilities are available in condos. These are excellent benefits for renting out or selling.
- A condo can be resold or rented out to profit from the real estate boom. There is a need for rental properties as a result of the housing crisis. Your market is not just locals, too. Additionally, it has been seen recently that travelers are looking into condo units for rent as alternatives to hotels because they are less expensive.
- Considering putting your money in a condo is absolutely worthwhile given that there is a market for rents and flipping.
- For this reason, if you’re searching for a solid investment option, you might want to think about purchasing a condo from the SMDC.
SM Prime Holdings, Inc.
One of Southeast Asia’s most integrated real estate developers, SM Prime Holdings, Inc. (SMPH), creates sustainable and creative lifestyle cities by building malls, homes, workplaces, hotels, and conference facilities. The Philippines’ greatest asset, in terms of size, is this one.
The Philippines is where SM Prime Holdings, Inc. was established in 1994. Being the largest developer and operator of retail shopping centers in the Philippines, they began as a mall developer and operator. Currently, it operates 70 malls, including 7 in China and 70 malls inside and outside of Metro Manila, with a combined Gross Floor Area of 9.4 million square meters (GFA). They now have 1,921 renters in China and 17,994 tenants in the Philippines.
Through its divisions and subsidiaries, SM Prime provides services beyond mall building and administration. Affordable condominiums are offered for sale by SM Development Corporation (SMDC), a residential business entity. The Commercial Property Group (CPG), one of SM Prime’s commercial business groups, is involved in the construction and leasing of office buildings in Metro Manila as well as the maintenance and administration of various structures and land holdings, including Mall of Asia Arena (MOA Arena). Its business segment for hotels and conference centers builds and operates a number of hotels and convention facilities around the nation.
From nearby provinces like Cavite, Bulacan, and Pampanga, they are also conveniently accessible.