SM Development Corporation
We envision SM Development Corporation to be a leading developer of world-class residences in the Philippines, uplifting Filipino lifestyles into one that is convenient, upscale yet affordable, and environment friendly.
SMDC Mission Statement
SM Development Corporation will realize its vision by:
Ensuring that its homebuyers enjoy the best value for their investment with an upscale lifestyle, generous amenities, and a safe, secure, and friendly neighborhood;
Providing an excellent after-sales and maintenance service that will preserve and enhance the long-term value of its residences;
Delivering sustainable long-term growth and increasing ...view middle of the document...
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 2007, SMDC began developing the residential subdivision, Lindenwood Residences in Muntinlupa City. The same year, the Berkeley Residences, a 35-story residential condominium along Katipunan Avenue; and the Grass Residences, a three-tower condominium located near the SM City North EDSA, were also launched. 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. For this particular project, SMDC incorporated...