Building a nation of homeowners: SMDC turns over first vertical socialized housing in Iloilo City

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Building a nation of homeowners: SMDC turns over first vertical socialized housing in Iloilo City
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SM Development Corporation (SMDC), the residential arm of SM Prime Holdings Inc.

BYSM Development Corporation , the residential arm of SM Prime Holdings Inc. , one of Southeast Asia’s largest integrated property developers, takes a bold step in tackling the nation’s housing backlog through strategic partnerships with local governments.

KaUSWAGAN Residences serves as an accessible and affordable housing solution for Iloilo City Government employees, reaffirming SMDC’s commitment to building a nation of homeowners. KaUSWAGAN Residences features two four-story buildings with 30-square-meter units, ample parking spaces, and proximity to essential services.Iloilo City Mayor Jerry P. Treñas praised the partnership, noting that the project offers a replicable model for future collaborations between the government and the private sector. “The City Government of Iloilo is grateful for the strong partnership with SDMC.

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