SM Development Corporation, the residential property arm of SM Prime Holdings, Inc., is expecting to generate a total of R6 billion from its project at the SM Southmall Complex in Las Piñas City.
South Residences, the firm’s first project in Las Piñas, is a four-tower development that is already 60 percent sold since its launch in 2015, said SMDC Assistance Vice President Therese Sonsing-Fernando.
Las Piñas resident comprise the biggest group of buyers of the 2,010-unit South Residences, accounting for about 48 percent of units sold or 60 percent of domestic buyers which comprise 80 percent of total sales.
The four 17-story towers offer one- and two-bedrooms at an average price ranging between R2.5 million and R3.8 million. Tower one and tower two are set to be turned over by March next year and the other two towers by June, 2019.
“Situated in the SM Southmall Complex, South Residences provides premium living, luxurious features and amenities, as well as all the shopping, dining and entertainment choices found at SM Southmall,” SMDC said.
Fernando said “residents can enjoy the five-star experience it offers through resort-styled amenities such as a swimming pool, a kiddie pool, garden areas, gazebos and function rooms.”
She added that, “hotel-like services will also be available, including reception desk assistance and doormen. To ensure safety and security, South Residences is protected by 24-hour security service and CCTVs in all hallways.”
Located along Alabang-Zapote Road, South Residences showcases easy access to the metro’s major thoroughfares like the South Luzon Expressway (SLEX) and the Manila-Cavite Expressway.
“From here, key destinations in the city are just minutes away. And with the earmarked extension of the LRT 1 line, the area will soon be more accessible, providing more transport options for its residents,” SMDC said.
https://business.mb.com.ph/2017/10/26/smdc-to-generate-p6-b-from-las-pinas-residential-project/
South Residences, the firm’s first project in Las Piñas, is a four-tower development that is already 60 percent sold since its launch in 2015, said SMDC Assistance Vice President Therese Sonsing-Fernando.
Las Piñas resident comprise the biggest group of buyers of the 2,010-unit South Residences, accounting for about 48 percent of units sold or 60 percent of domestic buyers which comprise 80 percent of total sales.
The four 17-story towers offer one- and two-bedrooms at an average price ranging between R2.5 million and R3.8 million. Tower one and tower two are set to be turned over by March next year and the other two towers by June, 2019.
“Situated in the SM Southmall Complex, South Residences provides premium living, luxurious features and amenities, as well as all the shopping, dining and entertainment choices found at SM Southmall,” SMDC said.
Fernando said “residents can enjoy the five-star experience it offers through resort-styled amenities such as a swimming pool, a kiddie pool, garden areas, gazebos and function rooms.”
She added that, “hotel-like services will also be available, including reception desk assistance and doormen. To ensure safety and security, South Residences is protected by 24-hour security service and CCTVs in all hallways.”
Located along Alabang-Zapote Road, South Residences showcases easy access to the metro’s major thoroughfares like the South Luzon Expressway (SLEX) and the Manila-Cavite Expressway.
“From here, key destinations in the city are just minutes away. And with the earmarked extension of the LRT 1 line, the area will soon be more accessible, providing more transport options for its residents,” SMDC said.
https://business.mb.com.ph/2017/10/26/smdc-to-generate-p6-b-from-las-pinas-residential-project/
