SM Development Corporation (SMDC), the residential arm of SM Prime Holdings Inc. (SMPHI), one of Southeast Asia’s largest integrated property developers,
SM Development Corporation , the residential arm of SM Prime Holdings Inc. , one of Southeast Asia’s largest integrated property developers, takes a bold step in tackling the nation’s housing backlog through strategic partnerships with local governments.
“This project underscores SMDC’s commitment to supporting the government’s socialized housing program,” said Jeffrey C. Lim, SMPHI President. “We are proud to deliver high-quality homes for Filipino workers and contribute to building thriving communities.” Residences, we are providing working-class families with affordable homes, a critical need in our city. This project sets benchmark for public-private collaborations in housing, and we hope it will be replicated in other regions,” said Treñas.SMDC has committed over P1.108 billion to the Philippine government’s socialized housing program, building housing developments since 2012.
Eastern Samar: P184.4 million in Salcedoville, Barangay Tagbacan, where 300 homes were built for Typhoon Yolanda survivors.Abra: A housing program in Indigo Subdivision, Barangay Basbasa, Tayum, consisting of 126 housing units set for turnover by 2025.
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