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SMDC tops residential developer in first half of 2010

http://www3.mb.com.ph/articles/275168/smdc-tops-residential-developer-first-half

SMDC tops residential developer in first half

September 2, 2010, 12:53am

SM Development Corporation (SMDC) was cited by Colliers International Philippines, a property research specialist, as the largest residential developer in Metro Manila for the first half of 2010, both in terms of the number of units sold and the value of sales. The performance of SMDC was compared with those of nearly 80 other developers competing in Metro Manila.

With a market share of 18 percent, SMDC sold P11.3 billion worth of condominium units during the period, surpassing its full-year real estate sales in 2009.

According to Colliers, “From January to June of this year, SMDC was able to sell over 5,000 units, that is about a 26% share of the total sales in Metro Manila. It has even surpassed the company’s full year 2009 sales of 4,700 units. Success arises from good location, aggressive marketing, and competitive pricing strategy. In addition to its current inventory, SMDC plans to launch this year My Place, Blue Residences, and Green Residences.”

For the first half of 2010, SMDC reported that its sales surged 210 percent.

There was a strong market take up of new SM Residences launched late last year, which includes Princeton, Light, Jazz, Sun, and Wind.

SMDC Vice Chairman Henry Sy, Jr. said, “We thank Colliers for this citation – a very encouraging development especially since SMDC is one of the new players in the business. Moving forward, it is our goal and our mission to provide the best home for every Filipino, through improved lifestyles, an innovative approach to design and amenities, finding the best locations, even as we price them right.”

As of the first half of 2010, SMDC has 13 residential projects in the market.

In June this year, the company launched My Place South Triangle in the Panay Avenue – Mother Ignacia area of Quezon City. It is SMDC’s initial project under its new My Place brand. This pioneering business model aims to tap a younger market, composed mostly of upwardly mobile young adults who want to experience independent living. Together with the company’s SM Residences brand, My Place is expected to further strengthen SMDC’s product offerings.

SUN RESIDENCES: Actual Finishes

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TYPICAL UNIT FINISHES

SM Residences has sourced only quality fittings and world class finishings for SMDC SUN Residences units.

Above Standard Ceiling Height:

• 2.80 meters in living areas 
• 2.40 meters in toilet and foyer areas 

Complete finish upon turnover:

• Living / Dining / Bedroom
• Floor - 600X600 cm Polished Synthetic Granite tiles 
• Wall - Plain Cement Semi-gloss Latex painted finish for wall surfaces, Semi-gloss Latex paint finish for all Dry Wall partitions 
• Ceiling - Flat Latex painted finish 

Toilet and Bath (common and Master)

• Floor - 300X300 cm Synthetic Granite tiles 
• Wall - Plain Cement Semi-gloss Latex painted finish for concrete surface with 300X300 cm Synthetic Granite tiles for Toilet and Bath 
• Ceiling - 12 mm thick Gypsum board moisture resistant flat latex painted finish 

Balcony

• Floor - 300X300 cm Ceramic tiles 

Kitchen Countertop

• Medium Density Fiber (MDF) on solid wood frame (Kitchen Cabinet) 
• White solid surface kitchen countertop 
• Stainless steel satin finish single bowl without drainboard (Kitchen Sink) 
• Goose Neck (Kitchen Faucet)

SUN RESIDENCES:Amenities

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SM Residences will provide five-star homes to our buyers through topnotch amenities and facilities that belong in a luxury hotel, even as they are offered at affordable terms.

SMDC Sun Residences Quezon CIty's amenities include a recreational area, garden and 

lawn, children's playground, students' lounge, swimming pools and a jogging path, among 

others. Get a taste of 5-Star Living with these top-notch amenities and facilities.

Amenities:

• Swimming Pool 
• Clubhouse with Multi purpose hall 
• Function Rooms 
• Students Lounge 
• Playground Area 
• Jogging Path 
• Garden and Gazebos 
• Patio and Barbeque Area 
• Parking Areas 

Property Management services are also available for a variety of needs, like unit leasing, 

handyman services and general housekeeping. Enjoy these services for reasonable rates.

SMDC SUN RESIDENCES - LOCATION

SMDC SUN Residences Quezon City is situated along España Boulevard corner Mayon Avenue in Quezon City. It is right beside one of Metro Manila's famous landmarks, the Mabuhay (formerly Welcome) Rotonda near the Quezon Avenue boundary of Quezon City and Manila.

Landmarks

* In front of Welcome or Mabuhay Rotonda

* Right Across United Doctors Medical Center

The area is highly accessible by private and public transportation as it is along a primary transport route. MRT and LRT are just a few minutes away. SMDC SUN Residences Quezon City is very near various schools in the University Belt area. Learning centers, bookstores, convenience stores, fast food chains, restaurants, coffee shops, churches, hospitals and commercial establishments are also nearby.

• Schools - University of Santo Tomas, Far Eastern University, San Beda College, Centro Escolar University, San Sebastian College, La Consolacion College, College of the Holy Spirit. 
• Hospitals - UST Hospital, United Doctor's Medical Center, St. Lukes Hospital, Capitol Medical Center, Chinese General Hospital. 
• Churches - UST Church, Sto.Domingo Church, Quiapo Church. 
• Commercial areas - Tomas Morato, SM City San Lazaro, SM City North Edsa and SM Centerpoint 

SMDC SUN RESIDENCES - UNIT AND BUILDING FEATURES

BUILDING FEATURES:

• Grand residential lobby with reception and lounge
• Five (5) high speed, interior-finished elevators per tower
• Centralized mail room
• Supermarket
• Commercial / retail stores
• Three (3) levels of parking spaces
• Wi-Fi enabled common areas at lobby and multi-purpose hall
• Fully landscaped open spaces
• Standby power generator
• Automatic fire alarm and sprinkler system
• Overhead water tank and underground cistern for sufficient water supply
• Building administration and security office

• Ground Floor = 2 Grand Lobbies, Commercial Areas
• Level 2, 3 & 5 = Parking Areas
• Level 6 = Amenity Area / Garden Units
• Level 7 to 43 = Residential Units

(Note: There are no 4th, 13th, 14th, 24th, 34th and 44th floors) 

Here spacious, comfortable units at SMDC SUN Residences Quezon City will be a mere elevator ride away from shops, restaurants, and a super market. A podium level will feature luxurious amenities and leisure areas to provide a relaxing atmosphere.

UNIT FEATURES

Choose from Studio, One Bedroom or Two Bedroom units, all amazingly affordable. 

There are two (2) designs for the studio, 1 bedroom and 2 bedroom units (the Bare and Basic Design).

Unit types:

• Studio - 20sqm (either facing Quezon city view or Makati Skyline) 
• 1 BR - 23.47 sqm ( Amenity / Manila view ) 
• 1 BR with balcony - 27.37 sqm (Amenity / Manila View) 
• 2 BR - 44.10 sqm ( Amenity / Manila View ) 

SMDC SUN RESIDENCES - SITE DEVELOPMENT PLAN

• Project : SMDC SUN Residences Quezon City - A modern high-rise building at Welcome Rotonda, Quezon City.
• Land Area : 11,832 sqm.
• Location : España Boulevard corner Mayon St., Quezon City (Across Welcome Rotonda)
• Number of Buildings : 2 Buildings
• Number of Floors per Building : 43 Floors

SMDC SUN Residences' total land area is approximately 11,832 sqm. Location is at the heart of the Metropolis, across Welcome Rotonda in Quezon City. Two 43-storey towers will rise on the property with each tower having 1,992 units for sale. As in all SMDC projects, the project will be done in phases with studios, one-bedroom, and two-bedroom units on offer.

SUN RESIDENCES:Life meets luxury at the gateway between Quezon City and Manila

Please click on the Blog Archive on the sidebar for earlier posts and more details.

The two 43-storey towers offer studio, 1 bedroom or 2 bedroom units to make life

more comfortable for would-be residents. It is designed to suit the needs and life-

style of college students, academicians, professionals and even families.

SMDC Sun Residences is located along España Boulevard corner Mayon Avenue,

Manila – more famously known as Welcome Rotonda. Because of its strategic

location,SMDC SUN Residences Quezon City provide a very good investment

opportunity.

Residents can enjoy to choose among the scenic views of MANILA, QUEZON CITY

and MAKATI / AMENITIES VIEW.

Indeed, at SMDC SUN Residences Quezon CIty, life meets luxury at the vibrant

gateway between Quezon City and Manila.

PROJECT PROFILE

Developer : SMDC

Location: España Boulevard corner Mayon St., Quezon City

Floor Area: 20 to 44 SQM

Unit Types: Studio, 1BR, 2BR

TARGET TURNOVER DATE: Last Quarter of 2013