SM DEVELOPMENT CORPORATION


Established in 1974, the organization initially began as Ayala Fund, Inc., before joining the ranks of prestigious property developers in the Philippines following its acquisition by the SM Group of Companies in 1986. Renamed in 1996, the firm has maintained a strategic focus on real estate development, primarily catering to the surging demand for affordable housing in the bustling urban landscape of Metro Manila. Notable projects include Grass Residences, Berkeley Residences, and Sea Residences, which exemplify the commitment to provide innovative and quality residential options conveniently located near SM shopping malls, enhancing urban living.

In addition to its diverse portfolio of residential properties, the firm controls a significant land bank, offering further development opportunities to meet the evolving needs of the community. Via its subsidiary, SM Synergy Properties Holdings Corporation, the organization efficiently manages successful projects such as Chateau Elysee and Mezza Residences. With a robust business model that includes prudent securities investments, the company continues to secure its position in the Philippine property market, delivering sustainable earnings through well-managed interests and dividends, and appealing to both homebuyers and investors alike.

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