smdc - updates

Rappler's latest stories on smdc


The Estate Makati: an ultra-luxury development above the rest

Jul 26, 2019 - 12:21 PM

Why The Estate Makati stands out from other luxury properties

D-League: NU scores breakthrough over winless Trinity

Apr 22, 2019 - 6:47 PM

SMDC-NU emerges victorious in the battle of winless teams

D-League: Balanced UST survives Munzon's 46-point explosion

Feb 26, 2019 - 7:15 PM

Mark Nonoy drops 14 points out of UST's 44-point 4th quarter barrage

BALANCED ATTACK. Soulemane Chabi-yo leads UST's attack with 25 points, 18 rebounds and 5 blocks. Photo by PBA Images

PBA D-League: Reloaded UST routs Batangas-EAC, FEU dominates NU

Feb 18, 2019 - 7:31 PM

Mark Nonoy lives up to the hype for the Tigers as he forms a one-two combo with Beninese forward Soulemane Chabi-Yo

QC Council exempts 1,714-unit SMDC project from zoning law

May 19, 2017 - 7:33 PM

The Quezon City Council reasons that the condominium complex will not damage the surrounding community and will even help in development as it aims to provide affordable housing

EXEMPTED. SM Development Corporation has been exempted in constructing an 11-building condominium complex at the north of Quezon City.

House conducts inquiry into sale of Pampanga's Paskuhan Village

Mar 01, 2017 - 9:37 PM

The Committee on Good Government and Public Accountability seeks to establish if the sale of Hilaga popularly known as Paskuhan Village was legally valid and if proper procurement procedures were put into place

PASKUHAN VILLAGE. The once lively Paskuhan Village (Philippine Christmas Village) is now a desolate 9.3-hectare property owned but has yet to be developed by the Premier Central, Incorporated. Photo by Jun A. Malig

Lack of one-time gain drags SM Prime's 2016 profit

Feb 21, 2017 - 4:15 PM

SMPHI says its bottomline stood at P23 8 billion for 2016 compared to 2015 s P28 3 billion which included a P7 4 billion one time trading gain

'WELL-POSITIONED.' SM Prime President Jeffrey Lim (in the middle) says the company is well-positioned to capture the positive impact of the higher infrastructure spending intended by the government. Photo by Martin San Diego/Rappler

SMDC to venture into affordable housing

Dec 23, 2016 - 7:30 PM

The real estate firm says its upcoming gated development will have house and lots well appointed amenities and a commercial development right beside it

NEW VENTURE. These planned MRB developments are mostly located in SM’s mall complexes that give residents the utmost convenience with a supermarket, department store and other dining and entertainment venues next door. Rappler file photo

Strong mall revenues drive SM Prime's net income

Nov 07, 2016 - 5:25 PM

The chief of SM Prime says his company expects its success to continue over the medium term as economic growth spreads to the rest of the Philippines

FOOT TRAFFIC. A bridge connects Phase 1 and Phase 2 of SM City Xiamen in Fujian, China, boosting traffic in the newer wing. Photo by Mia Gonzalez/Rappler

Meralco in talks with SMDC, Megaworld for prepaid meters

Dec 12, 2015 - 3:38 PM

SMDC and Megaworld are Meralco’s target customers for the additional 100 000 meters it plans to install within its assigned franchise areas

IN TALKS. SM Development Corporation and Megaworld Corporation are considering to use Meralco's prepaid electricity meters in their housing projects

SM sustains growth by building more malls

Nov 02, 2015 - 5:53 PM

By the end of 2015 SM Prime will have 56 malls in the Philippines and 6 malls in China with an estimated combined gross floor area of 8 3 million square meters

GROWTH. SM Prime President Hans T. Sy says the company is expecting to sustain its growth through continuously increasing its mall footprint by 13% this year. Image from SM Prime

SM Prime to launch residential projects worth P42B

Jan 12, 2015 - 2:14 PM

The real estate arm of the Henry Sy led empire aims to roll out 4 to 5 new condo projects and two expansion phases for the year

Sy-led property firms to delist on Nov 5

Oct 18, 2013 - 3:57 PM

Shares of luxury developer Highlands Prime Inc and residential property unit SM Development Corporation SMDC will no longer be traded in November

Trading of SMDC, Highlands Prime shares suspended

Aug 12, 2013 - 8:22 PM

The companies public floats fall below 10 following a tender offer by SM Land

SMDC won't buy Kidney Institute property

Jul 15, 2013 - 5:04 PM

The property arm of mall magnate Henry Sy is no longer buying the National Kidney Transplant Institute property in Quezon City

Roles Henry Sy sons play

Jul 12, 2013 - 11:45 AM

The eldest son and namesake of Henry Sy Sr the country s richest will be newly merged SM Prime s strategist while younger son Hans will be the executioner

DEFINING ROLES. The sons of Henry Sy Sr have roles to play in the newly merged SM Prime units. Photo by Aya Lowe/Rappler

More Mall of Asia-like projects for merged SM units

Jul 10, 2013 - 11:36 PM

SM Prime s consolidated real estate units will focus on developing large scale developments

SM group eyes regional expansion

Jun 01, 2013 - 7:04 PM

The SM group wants to use their existing mixed use and integrated establishments as template for their future ventures

BIGGER TARGET. Sy-led SM Group wants to be a regional real estate powerhouse. Photo taken during the May 31 press briefing of SM Investments Corp with brothers Hans Sy (2nd from left) and Henry Jr. (3rd from left) by Lean Santos/Rappler

SMDC: The future is bright and modular

Apr 24, 2013 - 10:35 PM

SMDC to launch modular units to give consumers a choice in size of condominiums

NEW PRODUCTS. SMDC looks to launch modular units to offer consumers choice. Henry Sy Jr. sits in the middle. Photo by Aya Lowe

SMDC taps Sarah Geronimo as property endorser

Apr 24, 2013 - 4:04 PM

Singer and actress Sarah Geronimo joins another celebrity Anne Curtis as SM Development Corp s brand ambassador

NEW ENDORSEMENT. Henry Sy led prooperty firm taps Sarah Gernino's girl next door appeal. Photo from the 'Sarah Geronimo' Facebook page.

Sy-led SMDC earns P1.4-B in Q1, up 14%

Apr 24, 2013 - 3:15 PM

UPDATED The Sy led property firm s income still grew double digit at 12 in the first quarter but slower than the 33 in the same quarter in 2012

SMDC officials at the property firm's annual stockholders meeting on April 24, 2013 stockholders meeting. Photo by Aya Lowe

SMDC vows to preserve PhilAm Life Theater

Apr 04, 2013 - 7:01 PM

SM Development Corporation says it will save and preserve the historic PhilAm Life Theater

UNMATCHED ACOUSTICS. SMDC says they will preserve all the elements and acoustics of PhilAm Life Theater. Photo from the Save PhilAm Life Theater - Manila Facebook page

SM firms' shares soar after 'merger' news

Feb 20, 2013 - 9:45 PM

They helped pull the PSE index to its 19th record close this 2013

Photo by AFP

Merger of SM units may dislodge Ayala Land

Feb 20, 2013 - 11:21 AM

The SM group is studying proposals to merge mall and property development units into a super company that may topple Ayala Land as Philippines largest real estate firm

Sy-led SMDC profits hit P4.9-B in 2012

Feb 20, 2013 - 10:33 AM

The property development unit of the Henry Sy group earned P4 9 billion in 2012 a 17 5 increase

Sy-led SMDC targets OFWs abroad or home for Christmas

Dec 12, 2012 - 9:38 AM

Sy led property firm SM Development Corp SMDC will aggressively target the overseas Filipino workers OFW market both abroad and when they come home for the Christmas holiday

HOLIDAY OFFER. Sy-led property firm eyeing buyers from overseas who are home for the holidays. Photo is a screenshot of a page on

Sy-led SMDC to target OFW, students with P1-M condo units

Dec 12, 2012 - 8:28 AM

The Sy led property arm will target the OFW and university markets with units worth P1 M to P1 5 M each

Bloody demolition: For socialized housing or business?

Apr 26, 2012 - 11:54 AM

Parañaque earmarks over half of city property to be demolished for commercial use Only a small portion is left for informal settlers new homes

Henry Sy's SM lukewarm on participating in PPPs

Apr 25, 2012 - 6:04 PM

Henry Sy Jr expresses guarded interest in the government s upcoming public private partnership projects

#BaguioTrees: Anger, criticism online over act

Apr 10, 2012 - 8:13 PM

Discussion spreading fast online with majority or comments and posts criticizing the act

Megaworld sells 10,451 condo units in 2011

Feb 15, 2012 - 3:47 PM

If Sy led SMDC was cited by research firm Colliers International as the top seller of condominium units in the 2nd half of 2011 Andrew Tan led Megaworld is now claiming it sold the most units for the entire year of 2011

SMDC sells over 6,000 condo units in July-Dec 2011

Feb 14, 2012 - 1:04 PM

The property arm of the Sy led SM group sold the most number of residential condominium units in Metro Manila in the second half of 2011 according to property research firm Colliers

Villar says 'discount' on Corona property is normal

Jan 31, 2012 - 6:00 PM

Real estate firms need to be flexible

NO SURPRISE. Senator-judge and real-estate mogul Manny Villar says condominium developers can offer "flexible" selling prices "depending on current market trends or the need of the companies." (Photo courtesy of Emil Sarmiento)

Earth-balled trees harmful to Baguio

Jan 21, 2012 - 9:09 PM

We are losing oxygen that 866 people need in a year

PROTEST. Residents of Baguio oppose earth-balling of trees. Photo by May Ling Rosito

SM group treats real estate like retail biz

Dec 22, 2011 - 11:16 PM

Condominium units and shoes have something in common