ABOUT THE DEVELOPER

Please click the link to the video:

SM RESIDENCES CORPORATE VIDEO

SM Development Corporation is a real estate firm and subsidiary of SM Investments Corporation, the investment holding company of Henry Sy. 

It was established to develop condominium towers catering to the middle class sector.

Today, It is one of the fastest growing real estate companies in the Philippines.

SM Development Corporation was incorporated in 1974 as Ayala Fund, Incorporated, a closed-end investment company. It was listed on the Philippine Stock Exchange in March 1975. 

In 1986, the SM Group of Companies became the majority shareowner and renamed it to SM Fund, Incorporated, an investment company that provides investors with professional-managed vehicle to invest in diversified businesses. 

In 1996, SM Fund was renamed SM Development Corporation and its primary business was to pursue real estate investment opportunities. 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 SM Residences Corporation in August 2008 and acquired the 1.85 hectare of land. Field Residences is also a mid-rise condominium located in Sucat, Paranaque. 

In 2009, SMDC launched the Princeton Residences along Gilmore Avenue, Quezon City, and the “Big Four” namely: Jazz Residences (Jupiter Street, Makati), Sun Residences (Welcome Rotonda, Quezon City), Wind Residences, (Tagaytay, Cavite) and Light Residences (Pioneer, EDSA).