{"id":10779,"date":"2021-01-27T09:59:34","date_gmt":"2021-01-27T02:59:34","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=10779"},"modified":"2021-06-04T15:57:55","modified_gmt":"2021-06-04T08:57:55","slug":"sm-development-corps-south-2-residences-becomes-top-choice-for-property-investment","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/sm-development-corps-south-2-residences-becomes-top-choice-for-property-investment\/","title":{"rendered":"SM Development Corp\u2019s South 2 Residences becomes top choice for property investment"},"content":{"rendered":"<p><span data-contrast=\"none\">South 2 Residences\u2019 predecessor, South Residences, appreciated in value by 190 percent over the past five years\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:120,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<figure id=\"attachment_10784\" aria-describedby=\"caption-attachment-10784\" style=\"width: 1000px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-10784\" src=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/01\/shutterstock_1758036698.jpg\" alt=\"\" width=\"1000\" height=\"668\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/01\/shutterstock_1758036698.jpg 400w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/01\/shutterstock_1758036698.jpg 600w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/01\/shutterstock_1758036698.jpg 620w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/01\/shutterstock_1758036698.jpg 190w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2021\/01\/shutterstock_1758036698.jpg 1000w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-10784\" class=\"wp-caption-text\">View of the Manila Bay skyline along the entire stretch of Roxas Boulevard, viewed from Manila Yacht Club. MichaelDEdwards\/Shutterstock<\/figcaption><\/figure>\n<p><span data-contrast=\"none\">Many Filipinos are reluctant to invest due to a lack of knowledge of investment options that would provide secure <\/span><span data-contrast=\"none\">returns<\/span><span data-contrast=\"none\">.\u00a0<\/span><span data-contrast=\"none\">Real estate is one of the safest options today, with the Philippine real estate industry displaying resilience and adaptability. <\/span><span data-contrast=\"none\">The Residential Real Estate Index of\u00a0<\/span><span data-contrast=\"none\">Bangko<\/span><span data-contrast=\"none\">\u00a0<\/span><span data-contrast=\"none\">Sentral<\/span><span data-contrast=\"none\">\u00a0ng Pilipinas suggested that despite<\/span><span data-contrast=\"none\"> the economic downturn from the pandemic, property prices continue to increase, reported\u00a0<\/span><a href=\"https:\/\/business.inquirer.net\/316469\/smdc-south-2-residences-the-right-time-and-place-for-real-estate-investment\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-contrast=\"none\">Inquirer.net<\/span><\/a><span data-contrast=\"none\">.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:120,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Las\u00a0<\/span><span data-contrast=\"none\">Pi\u00f1as<\/span><span data-contrast=\"none\">, located south of Manila, is an upcoming city with a young population and close proximity to central business districts.\u00a0<\/span><span data-contrast=\"none\">SM<\/span><span data-contrast=\"none\">\u00a0<\/span><span data-contrast=\"none\">D<\/span><span data-contrast=\"none\">evelopment\u00a0<\/span><span data-contrast=\"none\">C<\/span><span data-contrast=\"none\">orp\u2019s (SMDC)<\/span><span data-contrast=\"none\">\u00a0newest project, South 2 Residences is nestled in Las\u00a0<\/span><span data-contrast=\"none\">Pi\u00f1as<\/span><span data-contrast=\"none\">\u00a0City, which has become the top choice in the area.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:120,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">SMDC is a<\/span><span data-contrast=\"none\">n impressive\u00a0<\/span><span data-contrast=\"none\">developer<\/span><span data-contrast=\"none\">, winning eight major accolades at the 8<\/span><span data-contrast=\"none\">th<\/span><span data-contrast=\"none\">\u00a0<\/span><span data-contrast=\"none\">PropertyGuru<\/span><span data-contrast=\"none\">\u00a0Philippines Property Awards, including the most coveted \u201cBest Property Developer\u201d and \u201cBest Lifestyle Developer\u201d<\/span><span data-contrast=\"none\">\u00a0titles, as well as 17 Highly Commended citations.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:120,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">The company has become a market leader in the industry with its strategic locations, resort-style amenities, integrated lifestyle, and hotel-type lobbies.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:120,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">South 2 Residences answers to an integrated lifestyle in the metro, as it&#8217;s situated within the SM\u00a0<\/span><span data-contrast=\"none\">Southmall<\/span><span data-contrast=\"none\">\u00a0Lifestyle Complex,\u00a0<\/span><span data-contrast=\"none\">providing direct access to SM\u00a0<\/span><span data-contrast=\"none\">Southmall<\/span><span data-contrast=\"none\">, SM South Tower offices, and other transport terminals.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:120,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">South Residences, the predecessor of South 2 Residences, has appreciated in value by 190 percent throughout the last five years. The current market value is PHP163,000<\/span><span data-contrast=\"none\">\u00a0(USD3390) per square\u00a0<\/span><span data-contrast=\"none\">metre<\/span><span data-contrast=\"none\">\u00a0from the original launch price of PHP86,000 (USD1789) per square\u00a0metre.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:120,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">A study by\u00a0<\/span><span data-contrast=\"none\">Leechiu<\/span><span data-contrast=\"none\">\u00a0Property Consultants (LPC) on Las\u00a0<\/span><span data-contrast=\"none\">Pi\u00f1as<\/span><span data-contrast=\"none\">\u00a0properties indicated that developments close to support facilities yield higher returns, with mix<\/span><span data-contrast=\"none\">ed-use projects projecting the highest average-price growth at 180 percent.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:120,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.asiapropertyawards.com\/en\/the-philippines-real-estate-market-prospects-for-2021\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>More: <\/strong><strong>The Philippines real estate market prospects for 2021<\/strong><\/a><\/p>\n<p><span data-contrast=\"none\">South 2 Residences\u2019 high accessibility to living essentials provides it with a competitive edge. It also offers homebuyers easy access to employment and livelihood opportunities and everyday necessities.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:120,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">David\u00a0<\/span><span data-contrast=\"none\">Leechiu<\/span><span data-contrast=\"none\">, LCP CEO said, \u201cSMDC\u00a0<\/span><span data-contrast=\"none\">democratised<\/span><span data-contrast=\"none\">\u00a0owning property. Access to big, fancy pools, access to jogging paths, and access to secured housing without worrying that nobody will break into your house was only made available at a scale that happened because of SMDC. They make these available to the regular person.\u201d\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:120,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">As\u00a0<\/span><span data-contrast=\"none\">the\u00a0<\/span><span data-contrast=\"none\">Philippines\u2019 economy reopens, supported by low-interest rates and the availability of the COVID-19 vaccine in the near future, South 2 Residences is<\/span><span data-contrast=\"none\">\u00a0a considerable investment opportunity for 2021.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:120,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>South 2 Residences\u2019 predecessor, South Residences, appreciated in value by 190 percent over the past five years\u00a0\u00a0<\/p>\n","protected":false},"author":12,"featured_media":20968,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[1058,129,115,512],"class_list":["post-10779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-market-insights","tag-philippines","tag-property-investment","tag-residential","news_country-philippines","news_author-property-report"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SM Development Corp\u2019s South 2 Residences becomes top choice for property investment | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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