SMDC Properties by Jenny Young

09/08/2024

17/04/2024

Investors can expect lucrative rental income, generating passive income and potentially recouping their investment within a few years.

05/04/2024

: Iloilo, dubbed as “The Heart of the Philippines,” is among the “most affordable” tourist destinations in Asia in terms of prices of accommodation establishments, according to online booking platform Agoda.

https://www.imtnews.ph/iloilo-among-most-affordable-destinations-in-asia/

19/03/2024

Iloilo City ranked fourth among the richest cities outside Metro Manila for 2022 after recording an average Gross Domestic Product (GDP) per person of P306,444.

In the first-ever Provincial Product Accounts (PPA) released by the Philippine Statistics Authority (PSA), Iloilo City’s average GDP surpassed the country’s average of P178,751.

The per capita GDP is a measure of how much the economy grows per person in a particular area and is a measure of wealth or poverty.

Baguio was the wealthiest city outside Metro Manila, with a per capita GDP of P420,016 – more than twice the national average of P178,751.

Following Baguio City in terms of GDP per capita are Cagayan de Oro, which stood at P343,936, Lapu Lapu City at P313,039, and Iloilo City, and the province of Bataan at P297,930.

Rounding out the top 10 richest areas outside Metro Manila were Cebu City, the province of Laguna, Mandaue City, Davao City, and the province of Batanes. All had per capita GDP above the national average.

PSA’s latest findings only cover 82 provinces and 17 highly urbanized cities in 16 pilot regions across the country.

12/03/2024

One of Southern Luzon's top developers of affordable to moderately priced housing communities is P.A. Properties. The company was founded in 1994 and has since constructed over 25,000 homes in strategic Philippine provinces. In the next five years, it plans to construct an additional 20 communities. P.A. With the motto "Behind Every Home is a Story," Properties actively promotes economic growth while addressing the backlog of housing in the country.

Source: https://realestatenews.ph/national/smdc-pa-properties-sign-partnership-agreement

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05/03/2024

In case you missed it, residential real estate prices of various types of new housing units in the Philippines continued to increase in Q3 2023, rising by 12.9 percent year-on-year (YoY). On a YoY basis, residential property prices in the National Capital Region (NCR) rose by 12.3 percent in Q3 2023 as prices of single-detached/attached houses, condominium units, and townhouses increased for the same period. Similarly, residential property prices in Areas Outside the NCR (AONCR) grew by 14.3 percent, driven by more positive annual increases in the prices of all types of housing units.

Details on: https://www.bsp.gov.ph/SitePages/MediaAndResearch/MediaDisp.aspx?ItemId=6963

04/03/2024

: “This outcome marks a historic milestone for us – building one of the country’s most technologically advanced waste recovery facilities only here in Iloilo City,” Treñas said.

https://www.imtnews.ph/phs-1st-waste-to-energy-project-in-iloilo-city-to-start-in-october/

20/02/2024

P.A. Properties developer seals its partnership with the Philippines’ fastest growing property developer, SMDC.

03/02/2024

27/01/2024