SM Development Corp. (SMDC), the residential arm of SM Prime Holdings Inc. (SMPHI), 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.
SM Development Corp. , 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.In a symbolic turnover ceremony on Thursday, Oct. 24, 2024, SMDC handed over the keys to KaUswagan Residences – the first vertical socialized housing project in Iloilo City – further advancing the government's efforts to reduce the 6.
Residents will enjoy easy access to the city center, a practical choice for local government employees.SMDC's commitment to socialized housingSMDC has committed over P1.108 billion to the Philippine government's socialized housing program, building housing developments since 2012.These projects cover land development, land acquisition, and the construction of socialized housing units across the country, in partnership with local government units and the DHSUD.
Turns Over First Vertical Socialized Housing In Iloilo City
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