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SM Prime debuts premium line, sets P25-B initial budget
SM Prime Holdings has launched its new premium residential brand, Signature Series by SM Residences, allocating an initial P25 billion in capital expenditure for its first project.
The first project under Signature Series will be a development in Susana Heights, Muntinlupa City, utilizing 284 hectares of land.
This project will feature residential lots with large cuts of land, nothing less than 750 square meters.
The entry-level price for these residential lots will start at P100 million.
The development will also include neighborhood retail, civic spaces, pocket parks, and an ultra-luxury village.
While there is no launch date yet, developing a residential subdivision typically takes about three to four years.
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