Tag: SM Prime

SM Leisure Resort Residences (SM LRR), a unit of SM Prime Holdings Inc., is on track to complete and turn over Balea Suites, the second residential tower at Pico Terraces within the Hamilo Coast estate in Batangas, by the fourth quarter of 2027, as demand for resort-style secondary homes continues to gain traction among affluent buyers.

SM Prime Holdings Inc. has put the brakes on a planned bond offering of up to P18 billion, opting to wait for more favorable market conditions as it seeks funding for an ambitious expansion and redevelopment program across the country. 

SM Prime Holdings, Inc. has partnered with Ticketmaster to launch SM Ticketmaster, a new digital ticketing platform set to replace SM Tickets and expand online ticketing services across the Philippines amid rising demand for live entertainment.

Some of the country’s largest property developers are signaling early interest in what could emerge as one of Metro Manila’s biggest urban redevelopment projects: the transformation of portions of the New Bilibid Prison (NBP) reservation in Muntinlupa into a mixed-use commercial and residential district.

The Philippine stock market remains cautiously constructive as investors weigh short-term macro headwinds against improving medium-term earnings visibility.