SM unveils new condo project in Manila

2:34 pm | Wednesday, February 1st, 2012

MANILA, Philippines – SM Development Corp. has unveiled its first condominium project for this year – the 50-story, single-tower “Green Residences” near the De La Salle University on Taft Avenue in Manila.

SMDC disclosed to the Philippine Stock Exchange on Wednesday that it had begun pre-selling studio and one-bedroom units, either with or without a balcony, for about P1.5 million to P3.5 million. Unit sizes are between 15 and 35 square meters. Construction of Green Residences started late last year and completion is targeted within the first half of 2016, SMDC said.

Apart from its proximity to DLSU whose theme color inspired the name of the project, Green Residences is also near other major educational institutions in Manila, such as the College of St. Benilde, an affiliate of DLSU, and St. Scholastica’s College. It offers easy access to public transport for unit owners via the Vito Cruz and Quirino stations of elevated Light Railway Transit.

Major commercial establishments, such as shopping malls and restaurants are within the vicinity of Green Residences.

SMDC said this newest project “intends to serve the demand for first-rate homes within the area coming from thousands of students and their families.”

“As in all other SMDC projects, Green Residences offer five-star quality homes in a prime location,” the company said.

The planned amenities of Green Residences include a library with Wi-Fi hotspots, a gym, a game room, function rooms, and a swimming pool. There will also be an SM SaveMore branch together with a selection of other shops and restaurants on the ground floor of the building.

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Tags: Business , Green Residences , News , property , Real Estate , SM condo project , SM Development Corp. , Stock Market

https://me.yahoo.com/a/hbRkpPw1oYTBJamz.EH7acMZBBVoIlWXriA-#e4348 Felix

Does smdc care for its customers? How fast does smdc act on complaints of customers upon inspection of a condo unit? How good is smdc in delivering on its promise? How fast does smdc process and release deed of absolute sale? How fast does it process and release condominium certificate of title?
http://twitter.com/kintoy K Enriquez

15 square meters? ano yan, CR with bed?
http://pulse.yahoo.com/_KTRC4X36S44A3U6QPNNPT2FKHQ Eric

Gusto sanang bilhin yung PENTHOUSE ng Green Resdence kaso naunahan na pala ako ng mag aswang(asawang pala) CORONA! hehehehehehehehehe….
http://profiles.yahoo.com/u/S5YO3T26LBZDDZHAFXHZ6DGAWE dequis

wala bang damaged unit dian na maipagbili natin kay corona. type ni corona ang location ilang kanto lang ang padre faura, baka hindi na hihingi ng 10 percent discount.
http://profile.yahoo.com/VBYSH5LGWE4KKUQUMQT4BAEZOU Feel It

In some of SMDC’s projects, residents are so hard up paying the monthly amortization that they try to save on utility bills by showering in the common areas such as the shower in the swimming pool. Due to attractive pricing, it has also atttracted the down market so it is not uncommon to see residents in basketball shorts (males) lounging in the pool area and females frolicking in the pool wearing denim shorts and t-shirts.

Anonymous

really? thanks for the info kasi i am seriously considering buying a unit.

Anonymous

50 stories for students…. at a time when the highest our fire trucks can reach is 15 floors.
Anonymous

Thanks to condos springing up practically everywhere, the population density of Metro Manila will further worsen and strain public resources like roads, waterlines, sewages and commlines to the limit because most of them were designed long before the existence of 50 story monstrosities that house three thousand people in a vacant lot the size of a parking lot.
Anonymous

The idea of “15 and 35 square meters units” as “first-rate homes” is beyond me.

http://twitter.com/Fulltimefangirl Sakura Asuka

I know. Isn’t that like living in a shoe box? A very over-rated and expensive shoe box, for that matter.
Anonymous

yeah.. and it’s probably beyond your means too.. so put a sock on it.
Animo!

Anonymous

I must have struck a nerve. Did you (or dad) just buy a unit there, or are you an SMDC agent? I just think that it’s false advertising to say that a “15 and 35 sqm unit”, or a 1.5M to 3.5M condo unit for that matter, qualifies as a “first-rate” or “five-star quality” home. Well, it depends on what qualifies as first-rate to you. And by the way, it’s “put a sock in it” not “on it”. If you’re going to insult me, at least do it right.
Anonymous

Oh, are you gay? Sorry, I have nothing against gays. I didn’t know that you prefer me to put my sock “IN” you. If you are going to correct me on grammar, at least know that those 2 things are both grammatically correct. And no, i didn’t buy a unit there and not an SMDC agent either, i just think that you are stupid to assume that just because a unit is 15 and 35sqm, it no longer qualifies as a “first-rate” or “five-star quality” home. It’s all relative, this is the Philippines. So put a sock IN it, since you prefer it that way. LOL
Anonymous

“Put a sock IN it” is an idiom. “Put a sock ON it”, though grammatically correct, is an idiot’s failed attempt to sound intellectual (like those who say beating “behind” the bush instead of “around” the bush).

If 15 to 35 sqm at 1M to 3.5M is first-rate and five-star quality for you then fine. Pity.
Anonymous

LOL, yeah now you resort to name calling! you’re good at that huh? what are you gonna say next? Make “Yo Mama” jokes? LOL Come on, bring it. I’m eagerly waiting :)

SM unveils new condo project in Manila

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