SM property arm turns over 2,500 units

SCREENGRAB from www.smdc.com

SM Development Corp. (SMDC), the residential development arm of developer SM Prime Holdings, Inc., has turned over more than 2,500 units in two condominium developments in Makati and Mandaluyong.

SMDC said in a statement that at the end of June, it started the turn over to customers their units in two project phases: 1,077 units of Tower C, Jazz Residences in Makati; and 1,460 units at Tower 3 of Light Residences in Mandaluyong.

“We are pleased to welcome the new residents of Jazz Residences and Light Residences. We remain committed to bring conveniences and synergies from our retail, banking and property businesses at their doorstep,” SMDC president Jeffrey Lim said in the statement.

Jazz Residences is a four-tower “vertical village” at the heart of Bel-Air Makati that features five-star amenities. It also has its own mall—Jazz Mall—complete with commercial and food establishments and an SM Hypermarket.

Meanwhile, Light Residences, a three-tower residential condominium, is along Edsa corner Madison St. and is linked to the Boni-Edsa MRT station. The Light Mall, located at the first and second floors of the podium, will offer dining and entertainment areas. It will have three cinemas and an array of restaurants to choose from as well as a Savemore Market. The Light Mall is slated to open in the fourth quarter of 2014.

Jazz Residences and Light Residences are part of the 22 condominium brands of SMDC, the residential arm of SM Prime.

Other projects are Sun Residences in Quezon City; Chateau Elysee Residences in Bicutan, Parañaque; Mezza Residences and Mezza II Residences on Aurora Boulevard, Quezon City; and Sea Residences in the Mall of Asia Complex in Pasay.  Miguel R. Camus