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SMDC to Introduce Four New Condominium Projects
Thursday, December 3, 2009
Source: SM Investor Relations

03 December 2009. Pasay City, Philippines. SM Development Corporation (SMDC) is set to launch today four of its newest residential condominium projects during ceremonies to be held at Function Room 5 of the SMX Convention Center, Mall of Asia
Complex, Pasay City. The program starts at 6:00 p.m.

The four SM Residences projects are the Jazz Residences near Jupiter Road in Makati City; the Sun Residences right beside the Mabuhay (formerly Welcome) Rotunda near the Quezon Avenue boundary of Quezon City and Manila; the Light Residences near Pioneer Street in Mandaluyong; and the Wind Residences along the Emilio Aguinaldo Highway in Tagaytay City.

Roger R. Cabuñag, SMDC president said, “Our four new offerings affirm SMDC’s vision of becoming one of the leading residential developers in the country. We will end this year with a menu of 12 different offerings for our clients who may choose their homes from the best locations in the Metropolis, plus a special offering in scenic Tagaytay.

Upon completion, SM Residences will provide five-star homes to our buyers through topnotch amenities and facilities even as they are offered at affordable terms.”

Jazz Residences will occupy approximately 25,000 square meters (sqm) of land along Metropolitan Avenue, which interconnects with Jupiter Road near the central business district of Makati City. A total of four towers will rise on a five-storey podium; and will be done in four phases. Each 41-storey tower will have an estimated 1,228 one- and twobedroom units. The amenities of Jazz Residences include a lawn and garden, children’s playground, jogging path, swimming pools with shower rooms, lobby lounge, and a gym and spa, among others.

Sun Residences is located at España Boulevard in Quezon City, right beside one of Metro Manila’s famous landmarks, the Mabuhay or Welcome Rotunda. The area is highly accessible as it is along a primary transport route. Its total land area is approximately 11,832 sqm. 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’s amenities include a recreational area, garden and lawn, children’s playground, students’ lounge, swimming pools, and a jogging path, among others.

The third new project, Light Residences, is located at the corner of EDSA and Madison Street in Mandaluyong City, again making it a highly accessible location for residents who want to live close to the vibrant business districts of Makati, Mandaluyong, and Pasig. Light Residences will have three towers, with Tower 1 having 40 floors, and Towers 2 and 3 having 39 floors each. The first phase will offer a total of 1,386 studios, one-bedroom, or two-bedroom units. The whole project will occupy approximately 19,422 sqm of land and will have amenities such as swimming pools, a function room, jogging path, and a children’s playground, among others.

The only offering outside of Metro Manila is Wind Residences, which is in scenic Tagaytay City. It is located along the city’s major thoroughfare, the Emilio Aguinaldo Highway, occupying 15.45 hectares of land. Wind will have ten 20-storey towers rising in several phases over the medium term. Each tower will offer approximately 702 units for sale. Wind will have a clubhouse, badminton and basketball courts, swimming pools, children’s playground, and a jogging path, among others, as its amenities.

SMDC’s other on-going projects include Chateau Elysee in Paranaque City, Mezza Residences across SM City Sta. Mesa, the Berkeley Residences along Katipunan Avenue in Quezon City, the Grass Residences beside SM City North EDSA, the Field Residences in Parañaque City, the Sea Residences near the Mall of Asia Complex in Pasay City, and the residential subdivision Lindenwood Residences in Muntinlupa City.

Last week, SMDC also unveiled Princeton Residences, located along Aurora Boulevard in Quezon City.

-end-

For further information, please contact:
Mr. Jose T. Gabionza
Vice President
SM Development Corporation
E-mail: jtg@smdevelopment.com
Tel. No. 857-0100


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