SMDC tops Metro Manila Real Estate developers
SMDC was recently cited as the largest residential developer in Metro Manila in terms of number of units sold and value of sales in the first half of 2011. From Metro Manila Supermalls to Hotels and now SM Group is now dominating the Real Estate business in the country.
Among the 90 Real Estate developers in Metro Manila, SMDC emerged as the top real estate firm. SMDC was also recognized by the property research specialist Colliers International Philippines as the leading real estate developer in the last two years.
The SM real estate arm got 22 percent market share and sold 4,117 residential units worth P9 billion during the six-month period.
Condominium sales also increased exceeding the over 10,000 units sold last year making SMDC the real estate developer in the country to beat.