If you live in or frequent the Philippines, chances are, you’ve experienced visiting at least one of their retail and lifestyle centers. And while it’s shopping that you first think of when hearing the SM name, you might want to think of them when buying a new home two, especially because their residential projects feature the same level of comfort and convenience that their malls do.
A public subsidiary of SM Investments Corporation, SM Prime Holdings Inc. has served as an integrated property developer since its incorporation in January of 1994.
While it is often most recognized for its SM Supermalls subsidiary that operates and maintains its SM shopping centers and other businesses related to its commercial real estate, the company is also a prominent developer of residential properties by way of the SM Development Corporation (SMDC).
The real estate arm of SM Prime Holdings, SMDC is committed to providing access to luxurious urban living through the development of vertical villages that are integrated with a commercial retail environment. These projects are among the most highly regarded in the country and, in 2020, had SMDC earning the recognition of Best Developer of the Year at the annual PropertyGuru Asia Property Awards.
In line with its commitment to comfort and convenience, SMDC properties are strategically located in key areas across Metro Manila–particularly the central business districts within the cities of Makati, Manila, Ortigas, Pasay, Parañaque, Taguig, and Quezon City. SMDC communities are also locales that extend to the Greater Manila Area like Las Piñas, and even farther out regions like Pampanga. No matter the location, each is designed and situated to make most of what residents need easily accessible in and out of their communities.
SMDC has extended this commitment through its partnership with Ohmyhome, making its homes for sale available on an innovative real estate platform that allows aspiring homeowners and investors to complete their property purchase conveniently online and in the comfort of wherever they are buying from–even overseas.
Metro Manila condos for sale
With SMDC serving as one of the top condominium developers in the country, a great deal of its projects is expectedly located in Metro Manila, since the region is the most densely populated and its limited developable land has made mid-rise and high-rise developments among the more common home options in the area.
Far from “common” however, SMDC’s developments break the mold by taking on features that make each unique not only among each other but also stand out from the rest of the condos for sale in Metro Manila.
Take SMDC Shore Residences, for instance. A 9-hectare property, Shore Residences is an exclusive development that is not only within convenient distance of the SM Mall of Asia but also offers the best in premier waterfront living in the metro via three expansive luxury resort-inspired enclaves that are bridged together by elevated linear parks. That is plenty of value for units priced starting at Php6 million.
On the other hand, for residents centered on work yet who want to shift to play just as quickly, there is SMDC Mint Residences–a place that strikes a great balance between urban convenience and a natural environment. Its homes (priced starting at Php6.3 million), amenities, and surroundings are designed to make residents easily forget that they live in the metro, yet its location in Chino Roces, Makati makes it conveniently accessible to and from the city’s business district.
Expectedly, living in Metro Manila hardly ever means being restricted to just one of its cities, and for aspiring homeowners that need to traverse the different areas in the region, SMDC Light Residences is a central condo well-worth considering. Its location alone in Mandaluyong–particularly near EDSA and the Boni-MRT Station–makes it a few minutes drive or train ride away from most of the metro’s major business districts. Homes here a comparatively more affordable, as starting prices for units are at Php5.47 million.
High yield property investments
Although a top developer in Metro Manila, SMDC long also acknowledged the needs of aspiring homeowners and property investors in other areas of the Philippines through the development of residential communities outside the capital region to meet the growing demand.
In fact–according to the most recent Residential Real Estate Price Index furnished by the Bangko Sentral ng Pilipinas (BSP)–the demand has been exceptional in recent years, with the value of condos in areas outside the National Capital Region (AONCR) increasing significantly as of late because of it.
Prior to the Covid-19 pandemic, the growth rate was at an all-time high of 16.9 percent. Granted, the challenges brought upon by the health crisis had the growth taper down the year-on-year growth to 5.8 percent in 2020, however, it has since recovered nicely at 13.6 percent by the third quarter of 2021.
Home seekers aiming to live and invest outside the metro, and benefit significantly from the potential appreciation of their properties, need not look too far thanks to SMDC’s new developments in neighboring locales like Rizal and Laguna.
Located in the former’s Cainta area, SMDC Charm Residences is a mid-rise condominium development featuring generous community spaces and units created with attention to detail and quality materials, and in a location that captures the convenience of city living sans the hustle and bustle. Scheduled for turnover in 2025, condos for sale in the Rizal project are currently at pre-selling, making now as good a time as any to invest thanks to the favorable prices.
South of Metro Manila in Sta. Rosa, on the other hand, is SMDC Park Residences. The mid-rise community consists of 14 total buildings that house not only the various condominium units, but several amenities and commercial establishments, making it one of the most convenient places to live in Laguna. Presently at pre-selling, homes in Park Residences are set for turnover in 2024.
House and lot developments
As SMDC continues to receive awards and recognition for its condominium developments, it has also begun extending the SMDC living experience to houses and lots for sale. While still relatively in its infancy, the company is now offering properties for those with a preference for living in gated commuting and owning what some would consider a more “traditional” type of home.
Among its current projects is SMDC Cheerful Homes, a gated residential community in Angeles City, Pampanga that is designed to offer a multifaceted living via modern architecture and landscape design, and be in a strategic location that allows residents to be taken away from the busyness of the city proper, yet remain within convenient distance of the necessities it offers.
Keeping with the SMDC standard, Cheerful Homes goes beyond being a typical residence via comprehensive amenities that are comparable to resort living, and commercial features integrated into the community that further the value of its houses and lots for sale in Pampanga.
These are but a few of the properties and living experiences offered by SMDC. Discover the complete range of homes they currently offer in the market and receive assistance throughout the entire purchasing process by connecting with an Ohmyhome agent today.
Ohmyhome was launched in the Philippines in September 2020, following the company’s establishment of a tech team in the country in 2017. Ohmyhome was originally founded in 2016, and subsequently rose in Singapore as a leading PropTech solution and licensed real estate agency.
Ohmyhome expanded into the Philippines so that Filipino home seekers can have a real estate partner that they can trust to have their best interests at heart and can be relied upon to provide exceptional services throughout the entire property journey.
Featuring thousands of properties across many of the Philippines’ major real estate brands, Ohmyhome differs from other local platforms by going the extra mile and extensively helping buyers narrow down their choices and find the property that best suits their budgets, home needs, and lifestyle preferences.
The company’s Real Estate Agents not only help in the shortlisting of options but also provide professional services through the entire purchasing process. These include assistance in property inspections, negotiations, the finalization of the Conditions of Sale, deposit collection, the submission of property documents, as well as providing buyers regular updates.
Ohmyhome helps Filipinos find their dream homes, all while making sure each real estate transaction is complete and is an efficient and enjoyable experience.