SM Development Corporation (SMDC)

SM Development Corporation

SM Development Corporation was incorporated in 1974 as Ayala Fund, Incorporated, a closed-end investment company. It was listed on the Philippine Stock Exchange in March 1975. In 1986, the SM Group of Companies became the majority shareowner and renamed it to SM Fund Incorporated, an investment company that provides investors with professional-managed vehicle to invest in diversified businesses. In 1996, SM Fund Inc. was renamed SM Development Corporation and its primary business was to pursue real estate investment opportunities. However, its business of securities investment was retained to provide regular flow of earnings from the interest and dividends.
In 1997, SM Development Corporation established the SM Synergy Properties Holdings Corporation to develop the 4.7 hectare mid-rise residential condominium, Chateau Elysee in Bicutan, Paranaque. Its second project was the development of the Mezza Residences, located just across SM City, Sta. Mesa in Manila.

In 2007, SMDC began developing the residential subdivision, Lindenwood Residences in Muntinlupa City. That same year, the Berkeley Residences, a 35- story residential condominium along Katipunan Avenue in Quezon City; and the Grass Residences, a three-tower condominium located near the SM City North EDSA also in Quezon City, were launched as well. The Grass Residences is the biggest project to date by SMDC. Upon completion, it will boast of 5,390 units but still with ample space for its residents to enjoy the amenities.


In 2008, SMDC launched Sea Residences and Field Residences. Sea Residences is a mid-rise residential condominium located near the Mall of Asia Complex in Pasay City. For this particular project, SMDC incorporated SM Residences Corporation in August 2008 and acquired the 1.85 hectare of land. Field Residences is also a mid-rise condominium located in Sucat, Paranaque. In 2009, SMDC launched the Princeton Residences along Gilmore Avenue, Quezon City, and the “Big Four” namely: Jazz Residences (Jupiter Street, Makati), Sun Residences (Welcome Rotonda, Quezon City), Wind Residences, (Tagaytay, Cavite) and Light Residences (Pioneer, EDSA). SMDC now operates SM Residences and MPlace.

Towering amidst the cityscape, Filipinos can now see various SM Development Corporation condominium projects – aptly called SM Residences – rising tall and grand above other structures. SM Residences give options that complement the luxurious and stylish lifestyle Filipinos aspire for, and giving them greater value for their investment.

Though SM Residences caters mainly to the middle-income market, its products are no less than five star, high-value investments. Add in the fact that these first-class residential developments are situated right next to your favorite SM mall or at prime, strategic locations accessible anywhere within the metropolis make it a truly amazing deal.

SM Residences offers Property Management Services: unit leasing, general maintenance, and chambermaid services. Units may be leased in your absence or according to your own terms and conditions. The staff offers general maintenance and chambermaid services upon request, all for a nominal fee. These value-added services are consistent with a 5-star living experience.

M Place is SM Development Corporation’s selection of first-class residential condominiums designed especially for young adults. SMDC -- the fastest growing developer of affordable primary homes and condominiums -- created M PLACE to appeal to Filipinos who have just entered the workforce and can't wait to live their lives to the fullest. 

For many in this group, the dream of living independently and having a home of their own is top of their list, but they also feel that this is probably an inaccessible luxury at the moment.

Created specifically for this market, M PLACE is the ideal home for young people who seek independence, and naturally, the freedom to express their individuality without restrictions (from their family). 

M PLACE gives these young professionals exactly that. With developments currently in both South Triangle and Ortigas, the M PLACE condominiums are ideal for the digital world enthusiast, the young, the laidback, and the trendy. 

Offering 24/7 WiFi hotspots, neither the workhorse nor net junkie will ever have to worry about not being able to go on the web. 

For the young and energetic, M PLACE is walking distance from many of the metropolis’ bustling commercial and entertainment spots. They have their pick of the nearby malls, restaurants, bars, spas, and salons. Perfect for those who like to live it up. 

Laidback individuals, on the other hand, will find comfort in knowing that M Place offers them more time for R & R because it is located near their offices, allowing them the luxury of getting home sooner. 

For those who love their individuality and need a place where they can fully be themselves, the residences at M PLACE were created to allow for personalizing. Via the “Design Your Own Unit” initiative, homeowners can make their units “truly their own” by selecting paint colors, finishes and the like, before they move in. 

Another point that makes M PLACE perfect for the young Filipino is its affordability. The units go for as low as Php 6,300 ++ per month. About the same cost as two blended coffee drinks a day. 

Built with the trusted seal of an SM Development Corporation project, M PLACE is perfect for the young executive ready to make his mark on the world. 

Contacts:
SM Development Corporation
One E-com Center, 10th Floor Harbor Drive
Mall of Asia Complex, CBP-IA
Pasay City 1300, Philippines
email: info@smdevelopment.com
www.smdevelopment.com
Telephone:(+63 2) 858-030
Mobile:(+63) 917 500-5151      
Email:inquiries@smresidences.com


INTERNATIONAL TOLL FREE NUMBERS
US/Canada: 1-877-565-SMDC(7632) 
UAE: 8000-63-000-23 
KSA: 966-800-86-300-13
Universal Toll Free:1-800-8585-5555 
Email: global@smpropertysales.com

Posted in: M Place,SM Residences,SMDC