Colliers International, a real estate research company, found recently that the SM Development Corporation has become one of the top Philippine real estate developers today. The property firm was able to sell over 5,000 residential units, surpassing last year’s sales of 4,700. That’s good news for the industry, which has continually grown over the past decade.
A Makati condo building built by SMDC is the Jazz Residences compound, which has been advertised to contain elegant housing options for professionals and retirees. Other structures built by the company are located in such places as Tagaytay and Quezon City.
This Philippine real estate company is emerging as the biggest developer in the country. Three more projects are scheduled to be launched this year, adding to the firm’s huge portfolio. Many other developers are hoping to build on these positive developments, as shown by the many new Makati condo offerings lately. With its new projects, SMDC is set to lead the pack.
