SM Develops Condo at Mall of Asia
By Lauren on Jun 25, 2008 in Real Estate News
For those who’ve always wanted to live by the bay, start saving up because you might be able to get your dream home soon. SM Development Corporation is spending Php 3 billion for Sea Residences, a new residential condominium project in the Mall of Asia complex. Up for completion by the year 2011, Sea Residences will rise on a 1.8 hectare lot on Diokno boulevard with six 15-story towers and a total of 2,580 units for the whole complex. The company expects sales to reach Php 800 million this year from the first phase of the project. About 1,100 units are available for sale in Towers A and B. No news yet as to what kind of units are available, but the average cost per square meter is Php 83,000.
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