SM Development Corporation
SM Development Corporation
SM Development Corporation
HISTORY
As demand for primary homes remains robust, SMDC aims to launch more
projects in various cities in Metro Manila and develop homes in key cities in Visayas and
Mindanao. It will continue to build more homes that will provide comfort and a balanced
environment for communities.
From Henry Sy’s dream and legacy of selling a pair of shoes to every Pinoy comes
another vision his son and name bearer, SM Prime Holdings Inc. Chairman Henry Sy, Jr.
created-- this time to provide access to homes for every Filipino through SM Development
Corporation (SMDC).
Sy sees the huge opportunities for SMDC in serving Filipino families in a country
where there is a backlog of over 5.5 million homes as of 2016.
SMDC has redefined urban living spaces for over a decade. With an emerging and
growing market in the young middle class, SMDC found a niche in families and
professionals who aspired for a better life, looked for new experiences and are equipped
with increased spending power in a growing Philippine economy. Its simple and
successful proposition: to provide accessible and affordable homes with five-star
amenities across the country.
SMDC developed properties in key cities in Metro Manila and now in the provinces
that offer accessibility to major transport terminals as well as malls and retail podiums
and other basic services.
Convenience is the name of the game, related Sy who saw and felt its importance
while briefly living in Hong Kong during the mid-1980s until the early 1990s. He said he
had to walk several meters, lugging around heavy grocery or several laundry bags from
the supermarket or laundry area to his apartment.
PROBLEMS
The scarcity of land and an increasing demand of the natural resources is the main
challenge of the corporation. Also, it is a challenge for the developers to provide more
value for money through amenities that are reliable efficient and genuinely enjoyable.
CHARACTERISTICS
Hardworking
Goal Setter
Skill Development
Great Marketers
Knowing their customers
Willing to change
Financially prepared
Never give up
Passionate
PRESENT STATUS
It is now the biggest real state in the Philippines that part of the SM group. Its
business philosophy is to fulfill the Filipinos dream of living the five star lifestyle. In
achieving that it introduce the integrated living where SM mall and SMDC are combined
into a single property. In 2006 SMDC launched its first development the Mezza
Residences. In 2008 Berkeley Residences, Grass residences and Sea Residences. But
now just 10 years later, SMDC have a 30 projects and sold over 85000 units and turn
over more than 5000 homes. It is now the largest and fastest growing residences real
state developer in the country today. It owns its great success to its business strategy of
building only prime location near central business district, top universities, major highways
and transportation. To ensure that residence are the right center of if all. SMDC has fast
improve and upgraded the Filipino lifestyle by making lounge accessible. That aims to
sustain its place the county leading developer by providing a lifestyle that is convenient
safe, secured, upscale yet affordable.
Filipinos can now live in style, comfort, and convenience with SMDC. With quality
amenities and top-notch services, SMDC has the makings of your next dream home.
Apart from ensuring convenience, SMDC has innovated through its amenities and
attractive designs-- a cinema in Light Residences, Sky Lounges in Princeton, Coast and
Breeze Residences, island amenities in Shore Residences, a huge clubhouse and sports
complex in Wind Residences, large swimming pools in Field Residences, linear parks in
Trees Residences, a retail podium in Jazz that boasts of a delectable mix of dining
concepts, to name a few.
For another first this year, SMDC launched its first medium-rise building project
outside of Metro Manila, Cheer Residences in Marilao, Bulacan that rises about five
storeys high. SMDC also unveiled its maiden house and lot project and its maiden foray
into economic housing in Pampanga. Nestled in Mabalacat town, Cheerful Homes offers
an affordable integrated residential community that has its own commercial area,
transport hub, property management and a hectare of amenities.
https://smdc.com/
https://www.sminvestments.com/company-releases/smdc-10-delivering-dream-home-every-
filipino
https://smdc.com/about-us/
https://smdc.com/the-challenge-of-sustainability-in-urban-living/
Divine Word College of Legazpi
Legazpi City
SM DEVELOPMENT
CORPORATION
Baclao, Leile
Reyeg, Kathy