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#Ayala Land Inc
realtyhubph-blog · 9 months
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138 to 414 Parklane Settings Vermosa
Invest in the future with 3 adjacent lots at Parklane Settings Vermosa, Cavite! Each 138 sqm, ready for your dream home. Priced at Php 58,000/sqm, with flexible payment terms. Don't miss this investment opportunity! 🏡💼 #VermosaLiving #RealEstatePH
📌 Brgy. Pasong Buaya 1 VERMOSA IMUS , CAVITE PROPERTY FEATURES TYPE: 3 Adjacent Residential Lots📐 Lot Area: 414 square meters; 138 sqm per lot✅ Assume Balance, Payments on all 3 lots All due on November 2025✅ Can be sold individually ABOUT PARKLANE SETTINGS Parklane Settings Vermosa is a 12-hectare residential development located in the residential district of Vermosa, Cavite. It is Avida’s…
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effectsdatabase · 2 years
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Last week's top 20 videos (2022, week 42)
Top 20 videos last week (October 16-22)
Paul Reed Smith Storms TPS! [New PRS Pedals, SE Silver Sky, HDRX 20 & more] (by That Pedal Show)
A guitarist's multitool. The Tsakalis Audioworks Multicab 4! (by Sasha Ivantic)
Tube booster TubeZoid-B (by SviSound)
Funky Fuzzistor (by Aguilar Amplification)
Atomic Music - Klon KTR vs Klones (by AtomicMusicStore)
Cali76 Laser Engraved // Limited Edition (by Origin Effects)
Why You Need an Overdrive Pedal for CRYSTAL CLEANS (by Revv Amplification)
David Pajo demonstrating the Reuss Repeater pedal (Slint, Tortoise, Aerial M etc.) (by Reuss)
JAM pedals Custom Shop | Making a Rooster ltd (by JAM Pedals)
Roger Mayer v1 Voodoo vibe (by memygtar)
Does Paul Reed Smith Deserve Signature Pedals? - Breakfast guitar - Nylon Strat - Vintage Kay - 449 (by 60 Cycle Hum)
Boss Phasers Through The Years (PH-1, PH-1r, PH-2, PH-3) (by Jason Ayala Spare)
Now I get it!! - Boss CE-1 Chorus Ensemble (by The SuperFunAwesomeHappyTime Pedal Show!)
Land Devices HP-2 - Pedal Empire (by Pedal Empire)
RPS - Arcade Machine - PLL Harmonizer (by Kayzer)
Frost Giant Electronics The Mountain (V3) (Guitar and Bass) (by Metalhead Productions)
Hell Horse Fuzz Delay Pedal (by Harsh Tones, Inc.)
DOD Carcosa Fuzz (by Pedal Experiments)
MXR M80 Bass D.I.+ × Crews JB-Modern & Crews NPB?JB????/PB???? ???????? (by Guitar Shop Hoochies)
Recording Song 5 with Silktone Fuzz/Red Panda Particle/Champion Leccy Swan Hunter/EQD Grand Orbiter (by Spiral Caster)
Overviews of the previous weeks: https://www.effectsdatabase.com/video/weekly
from Effects Database https://bit.ly/3TICJCn
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novumtimes · 1 month
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2024 Stevie Awards for Great Employers: Winners Revealed
Winners in the 2024 (ninth annual) Stevie® Awards for Great Employers, “the Olympics for human resources,” were announced today. The awards recognize the world’s best employers and the human resources professionals, teams, achievements, and HR-related products and suppliers who help to create and drive great places to work.    Among the organizations with multiple Gold Stevie wins are Bank of America (9), Everise (4), pladis (4), Apexon (3), Digital Hands (3), ecosio (3), Enerjisa Uretim (3), LMI (3), Peak on Air (3), SOCAR Türkiye (3), TurkTraktor (3), Abu Dhabi Customs (2), Arkas Holding (2), Ayala Land, Inc. – Makati Development Corporation (2), Benefex (2), Capital One (2), Cathay United Bank (2), DHL Global Forwarding, Freight (2), Doğuş Holding (2), ENERJISA ENERJI (2), Entek Elektrik (2), Gamefam (2), GCash (Mynt – Globe Fintech Innovations, Inc.) (2), HALKBANK (2), Octopus Energy (2), ResultsCX (2), Seer Medical (2), Tata Consultancy Services (2), Wells Fargo (2), and Wesley, LLC (2). Winners will be celebrated during a ceremony on Monday, September 16 at the Marriott Marquis Hotel in New York City. Tickets are now on sale. The presentations will be broadcast live. More than 1,000 nominations from organizations in 35 nations and territories were evaluated in this year’s competition. Winners were determined by the average scores of more than 130 professionals worldwide, acting as judges. The Stevie Awards for Great Employers recognize achievement in many facets of the workplace. Categories include:     Employer of the Year Categories     HR Achievement Categories     HR Individual Categories     HR Team Categories     Solution Provider Categories     Solutions, Implementations, and Training Programs or Media Categories     Thought Leadership Categories Stevie Award placements in the 31 Employer of the Year categories were be determined by a unique blending of the ratings of professionals and the votes of the general public. More than 34,000 votes were cast this year by members of the public for their favorite employer. The awards are presented by the Stevie Awards, which organizes nine of the world’s leading business awards shows including the prestigious International Business Awards® and American Business Awards®. Source link via The Novum Times
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daillyupdate2024 · 2 months
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Top Construction Companies in the Philippines Leaders in Innovation and Sustainability
When it comes to the construction industry in the Philippines, the landscape is constantly evolving, with new players entering the market and established firms vying for dominance. Amidst this dynamic environment, it’s crucial to identify the powerhouses among the construction companies in the Philippines that are setting the standards for excellence. In this blog post, we’ll delve into some of the key players who are shaping the industry and making significant strides in delivering quality construction projects. At the forefront of this discussion is none other than RND Prime.
Key Criteria for Innovation and Sustainability
Innovation and sustainability are pivotal in defining the success and impact of construction companies today. Here are the main criteria that set industry leaders apart:
Adoption of New Technologies: Companies that embrace cutting-edge technologies, such as Building Information Modeling (BIM) and advanced construction software, are at the forefront of innovation.
Commitment to Environmental Standards: Leading firms adhere to strict environmental regulations and standards, minimizing their ecological footprint.
Investment in Sustainable Materials and Practices: Using eco-friendly materials and sustainable construction methods is crucial for long-term environmental benefits.
Top Construction Companies
RND Prime Development Corporation
RND Prime Development Corporation stands out as a leader in the industry, known for its innovative approaches and commitment to sustainability.
Innovations and Sustainability Practices: RND Prime consistently integrates sustainable materials and technologies into its projects, emphasizing energy efficiency and waste reduction.
Notable Projects and Achievements: The company has been instrumental in developing eco-friendly residential and commercial properties, setting a benchmark for others in the industry.
Megawide Construction Corporation
Megawide is renowned for its modern construction methodologies and sustainable practices.
Overview of Innovative Approaches: The company utilizes precast technology and other innovative construction techniques to enhance efficiency and reduce waste.
Key Sustainable Projects: Megawide has been involved in various infrastructure projects that prioritize sustainability, such as green airports and eco-friendly transport systems.
DMCI Holdings, Inc.
DMCI Holdings has a strong focus on sustainable development, making significant contributions to the industry.
Focus on Sustainable Development: DMCI prioritizes environmental conservation through initiatives such as water recycling and energy-efficient building designs.
Significant Contributions: The company's projects often incorporate green building certifications and adhere to global sustainability standards.
Ayala Land, Inc.
Ayala Land is a pioneer in green building initiatives, leading the way in sustainable urban development.
Pioneering Green Building Initiatives: Ayala Land has developed several LEED-certified buildings and eco-friendly communities that promote sustainable living.
Major Sustainable Projects: The company's flagship projects include integrated mixed-use developments that emphasize green spaces and energy conservation.
Innovative Technologies in the Construction Industry
The construction industry in the Philippines is rapidly adopting innovative technologies that drive efficiency and sustainability.
Use of Building Information Modeling (BIM): BIM technology allows for precise planning and execution, reducing errors and optimizing resource use.
Implementation of Green Building Technologies: Companies are increasingly incorporating solar panels, rainwater harvesting systems, and other green technologies into their projects.
Prefabrication and Modular Construction: These methods enhance construction speed and minimize material waste, contributing to sustainability goals.
Sustainability Practices and Green Building
Sustainability is a cornerstone of modern construction practices, offering numerous benefits.
Importance of Sustainability in Construction: Sustainable practices reduce environmental impact, enhance resource efficiency, and improve the quality of life for communities.
Green Certifications and Standards in the Philippines: Companies strive for certifications such as LEED and BERDE, which signify adherence to high sustainability standards.
Benefits of Sustainable Construction Practices: These practices lead to cost savings, improved building performance, and a positive environmental legacy.
Challenges and Opportunities
While the construction industry in the Philippines is progressing, it faces several challenges and opportunities.
Challenges Faced by Construction Companies: Issues such as regulatory hurdles, resource constraints, and skilled labor shortages can impede growth.
Opportunities for Growth and Innovation: Advances in technology and increasing demand for sustainable infrastructure offer immense growth potential.
Future Trends in the Industry: Emerging trends include smart city developments, renewable energy integration, and the use of artificial intelligence in construction.
Conclusion
In conclusion, the top construction companies in the Philippines are distinguished by their commitment to innovation and sustainability. By adopting new technologies and sustainable practices, these industry leaders are setting the stage for a brighter and more sustainable future. As the construction landscape continues to evolve, the role of innovation and sustainability will be pivotal in shaping the industry's trajectory.
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Key Players in the Southeast Asia Construction Market: Leading Contractors, Developers, and Suppliers
The construction market in Southeast Asia is vibrant and diverse, with numerous players across various sectors.
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Buy the Full Report for Additional Insights on the South-East Asia Construction Market Forecast
Download a Free Sample
Here are some key players in the Southeast Asia construction industry, including leading contractors, developers, and suppliers:
Contractors:
Bechtel Corporation: A global engineering, construction, and project management company with significant projects in Southeast Asia, particularly in infrastructure development.
Turner Construction Company: Known for its expertise in building complex projects across various sectors, including commercial, residential, and industrial, with a presence in Southeast Asia.
Fluor Corporation: Engaged in engineering, procurement, construction, maintenance, and project management services worldwide, with operations in Southeast Asia.
Samsung C&T Corporation: Involved in construction, engineering, and development projects across Southeast Asia, including infrastructure, real estate, and industrial facilities.
China State Construction Engineering Corporation (CSCEC): A major player in Southeast Asia's construction market, undertaking various infrastructure and real estate projects.
Developers:
CapitaLand Limited: One of Asia's largest real estate companies, with a significant presence in Southeast Asia and a diverse portfolio of residential, commercial, and mixed-use developments.
Ayala Land, Inc.: A leading real estate developer in the Philippines, engaged in residential, commercial, and mixed-use projects, expanding its presence in Southeast Asia.
Sinar Mas Land: Involved in property development across Southeast Asia, with a focus on residential, commercial, and industrial projects.
Central Pattana Public Company Limited (CPN): A major developer of retail and mixed-use properties in Thailand, expanding its footprint in other Southeast Asian countries.
Keppel Land Limited: Engaged in property development, investment, and management across Asia, with a focus on residential, commercial, and hospitality projects in Southeast Asia.
Suppliers:
LafargeHolcim: One of the largest suppliers of cement, aggregates, and ready-mix concrete globally, with operations in Southeast Asia.
SCG Cement-Building Materials: A leading supplier of cement, building materials, and solutions in Southeast Asia, with a strong presence in Thailand and expanding into neighboring countries.
Hanson Malaysia: Provides aggregates, asphalt, and ready-mixed concrete products for construction projects in Malaysia and other Southeast Asian markets.
Hilti Corporation: Offers a wide range of construction products, tools, and systems, including fastening and anchoring solutions, in Southeast Asia and beyond.
Bosch Power Tools: Provides power tools, accessories, and solutions for construction and industrial applications across Southeast Asia.
Specialty Contractors:
Daelim Industrial Co., Ltd.: Engaged in engineering, construction, and petrochemical projects in Southeast Asia, particularly in oil and gas infrastructure.
McConnell Dowell: A leading infrastructure contractor in Southeast Asia, specializing in civil, marine, and industrial construction projects.
JGC Corporation: Involved in engineering, procurement, and construction (EPC) projects in the energy and infrastructure sectors across Southeast Asia.
Toyo Engineering Corporation: Provides engineering, procurement, and construction services for various industries, including petrochemicals, refining, and power generation, in Southeast Asia.
These are just a few examples of the prominent players in the Southeast Asia construction market, which is characterized by a mix of local and international companies contributing to the region's infrastructure development and urbanization.
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rebusel · 7 months
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Title: Exploring the Dynamic World of Real Estate Companies in the Philippines
Introduction:
In the unique scene of the Philippine housing market, where amazing open doors flourish and properties stun with their variety, one angle stands apart in the midst of the clamoring swarm - the names of land organizations. These names act as identifiers as well as frequently exemplify the ethos, vision, and goals of these endeavors. We should dig into the beautiful embroidery of land organization names in the Philippines, each recounting an extraordinary story of desire and development.
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Rebusel is the head land commercial center in the Philippines, offering a consistent stage for purchasers, dealers, and leaseholders to interface and execute easily. With its easy to understand connection point and far reaching postings, Rebusel improves on the property search process, permitting clients to find their fantasy homes, business spaces, or venture properties easily. Whether you're searching for a comfortable condo in the core of Manila or a rich oceanfront manor in Boracay, Rebusel has something for everybody. Upheld by a devoted group focused on consumer loyalty, Rebusel guarantees a smooth and secure insight for all gatherings engaged with the land venture.
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Established  Titans:
1.Ayala Land, Inc.: A name inseparable from greatness and unwavering quality in the Philippine land area, Ayala Land, Inc. has been a foundation of metropolitan improvement for quite a long time. With notable activities like Ayala Center and Ayala Alabang, their name oozes glory and refinement.
2.SM Prime Property: As one of the biggest land combinations in the Philippines, SM Prime Possessions has made a permanent imprint on the scene with its rambling shopping centers and coordinated improvements. The name 'SM' repeats the tradition of retail monster Henry Sy, Sr., addressing strength and market predominance.
3.Megaworld Enterprise: Summoning loftiness and vision, Megaworld Organization has reshaped horizons with its creative municipalities and way of life centers. The name 'Megaworld' recommends tremendousness and desire, mirroring the organization's obligation to making far reaching, top notch networks.
4.Filinvest Land, Inc.: With a portfolio spreading over private, business, and relaxation improvements, Filinvest Land, Inc. is a name inseparable from quality and maintainability. The name 'Filinvest' highlights the organization's devotion to putting resources into Filipino people groups, encouraging development and flourishing.
5.Robinsons Land Organization: Mirroring a tradition of business and development, Robinsons Land Company has arisen as a central participant in the Philippine housing market. The name 'Robinsons' summons pictures of trust and unwavering quality, typifying the organization's obligation to convey worth to its partners.
6.Vista Land and Lifescapes, Inc.: With an emphasis on reasonable lodging and local area improvement, Vista Land and Lifescapes, Inc. has gained notoriety for taking special care of the necessities of Filipino families. The name 'Vista' proposes an all encompassing perspective on open doors, representing the organization's vision of a more promising time to come for all.
7.DMCI Property, Inc.: Known for its designing greatness and obligation to feasible turn of events, DMCI Possessions, Inc. has laid down a good foundation for itself as an innovator in development and land. The name 'DMCI' addresses the organization's organizer, David M. Consunji, and typifies a tradition of trustworthiness and incredible skill.
8.Rockwell Land Partnership: Inseparable from extravagance and eliteness, Rockwell Land Organization has reclassified metropolitan living with its upscale private and blended use advancements. The name 'Rockwell' inspires complexity and refinement, mirroring the organization's devotion to making upscale ways of life.
9.Federal Land, Inc.: With an emphasis on premium private and business projects, Government Land, Inc. has cut a specialty for itself in the Philippine housing market. The name 'Government' conveys strength and solidness, representing the organization's obligation to convey tasks of persevering through esteem.
10.Avida Land Enterprise: Taking special care of the requirements of the mid-market portion, Avida Land Organization has made homeownership more available to Filipinos the nation over. The name 'Avida' means life and essentialness, typifying the organization's main goal to advance the existence of its clients through quality lodging.
Conclusion:
In a clamoring market overflowing with conceivable outcomes, the names of land organizations in the Philippines act as reference points of motivation and yearning. Whether it's a tradition of greatness, a promise to development, or a dream for a superior tomorrow, these names mirror the different embroidery of the Philippine land scene. As the business keeps on developing, one thing stays certain - the force of a name to epitomize the soul of big business and the commitment of a more promising time to come.
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airballje · 9 months
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1.1 Introduction of BGC
Bonifacio Global City (BGC), also known as The Fort, is a bustling commercial and residential district in Taguig City, Philippines. It is a 240-hectare master-planned community that boasts of modern infrastructure, top-notch facilities, and a vibrant lifestyle. It is a prime example of a successful urban development, transforming what was once a military base into a thriving business and commercial hub.

1.2 What is the history of BGC
BGC's history can be traced back to the early 20th century when it was a military base known as Fort William McKinley. It was named after the 25th US President, William McKinley, who led the American forces during the Philippine-American War. In 1995, the Philippine government signed a treaty with the United States to convert the military base into a special economic zone, known as the Fort Bonifacio Development Corporation (FBDC). The FBDC was tasked to develop the area into a commercial and residential district. In 2003, the Fort Bonifacio Development Corporation was renamed Bonifacio Land Corporation (BLC) and was later merged with Ayala Land Inc. to form BGC's current developer, Bonifacio Land Corporation.

1.3 Who is the owner of Bonifacio High Street
Bonifacio High Street, the central area of BGC, is owned and managed by Ayala Land Inc. The Ayala Corporation, one of the largest and most respected conglomerates in the Philippines, owns Ayala Land Inc. Ayala Land Inc. is responsible for developing and managing various commercial and residential projects in the country, including BGC.

II. About BGC
2.1 What is the famous Bonifacio High Street
Bonifacio High Street is a popular shopping and dining destination in BGC. It is a one-kilometer long pedestrian-friendly promenade that features a mix of international and local retail brands, restaurants, and entertainment establishments. It also has a central park where various events and activities are held, making it a favorite spot for both locals and tourists.

2.2 What is the lifestyle in BGC
BGC's lifestyle is a mix of work and play. With its modern and sustainable developments, BGC has become a top choice for corporations to set up their offices and for individuals to live in. The district offers a wide range of residential options, from high-rise condominiums to townhouses, providing a convenient and comfortable living experience. BGC also has a thriving food and entertainment scene, with numerous restaurants, cafes, and bars offering a diverse selection of cuisines and experiences.

2.3 What are the attractions in BGC
Aside from Bonifacio High Street, BGC has many other attractions that draw in visitors. One of them is the Mind Museum, the Philippines' first world-class science museum. It features interactive exhibits and galleries that showcase the wonders of science and technology. Another popular spot is The Fort Strip, a strip of bars and clubs that offer a lively nightlife experience. BGC also has several parks and open spaces, such as Terra 28th Park and Track 30th Park, where people can relax and enjoy the outdoors.

In conclusion, BGC has transformed into a modern and dynamic district that continues to attract businesses, residents, and visitors. With its well-planned infrastructure, excellent amenities, and vibrant lifestyle, BGC has become a model of urban development in the Philippines. Its success is a testament to the vision and collaboration of the government and private sector in creating a thriving community.
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carljherick · 11 months
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ONE MONTH COUNTDOWN BEFORE THE SOFT OPENING OF AYALA MALLS VERMOSA After the opening of Ayala Malls Serin in Tagaytay City, Ayala Land Inc. (ALI) is set to open a second regional mall in Cavite on November 17, 2023. It is located along Daang Hari Rd., Brgy. Pasong Buaya, Imus City, within Vermosa - a 700-hectare township development by ALI in cities of Imus and Dasmariñas. Within Vermosa, an exclusive Transport Hub is being established, positioned in close proximity to the upcoming mall along Daang Hari Rd. Currently, construction work for the development is actively underway. Interestingly, while this marks the second regional mall introduced by ALI in the province, it is, in fact, the fourth out of five malls if you consider their community malls, known as "The District."
1. The District - Imus Address: Aguinaldo Hwy., cor. Daang Hari Rd., Brgy. Anabu II-D, Imus City Opening Date: December 14, 2012
2. The District - Dasmarinas Address: Molino-Paliparan Rd., Brgy. Salawag, Dasmariñas City Opening Date: November 22, 2013
3. Ayala Malls Serin Address: Tagaytay-Nasugbu Rd., Brgy. Silang Crossing East, Tagaytay City Opening Date: March 27, 2015
4. Ayala Malls Vermosa Address: Daang Hari Rd., Brgy. Pasong Buaya, Vermosa, Imus City Soft Opening Date: November 17, 2023 Grand Opening: April 2024
5. Ayala Malls Evo City Address: A. Soriano Hwy. (Centennial Rd.), Brgy. Batong Dalig, Evo City, Kawit Opening: TBA / Planned
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tpolicarpio · 11 months
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A new to all Ayala Malls Vermosa, Unfinished structure is coming in Cavite.
October 24, 2023 | Tuesday
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On November 27, 2023 soft opening of Ayala Malls located in Daang Hari Road Brngy. Pasong Buaya Vermosa, Imus City. Many establishments and upcoming new employee is coming on your way.
A 700-hectare township development by Ayala Land Inc. (ALI) in cities of Imus and Dasmarinas. Also, there will be having their own transport hub that is located near Ayala Malls. Expect the unexpected good places to visit, a place to hangout, and a place to be memorable in each of individual customers.
Vermosa is one of the largest estate of property at the same time boosting new buildings, facilities, residences, malls, restaurants as the newest places and lifestyle. It promotes and encourages customers a healthy and active living.
Excitement awaits in Ayala Malls, further enhancing the community and highly to look forward different environment, places and recreation activities. Upcoming establishments must expect within the area of Vermosa.
Active suburban living that brings together retail, malls, residential, and business spots in one destination. A journey to build sustainable for the community achieving long-term economic lifestyle to deliver relaxing environment.
-Trixie Anne Policarpio
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rickztalk · 2 years
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AC Logistics unit tapped to handle waste in El Nido
AC Logistics unit tapped to handle waste in El Nido
SUBSIDIARIES of AC Logistics Holdings Corp. and Ayala Land Hotels and Resorts Corp. (ALHRC) signed an agreement for the transport, handling, and management of hospital and hazardous waste across the latter’s resorts in El Nido, Palawan. In a press release on Thursday, AC Logistics said Integrated Waste Management, Inc. (IWMI), its waste management company, forged the partnership with Ten Knots…
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realtyhubph-blog · 1 year
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132 Metrogate Angeles
Pre-owned 132 sqm lot at Metrogate Angeles Phase 2 for only 15k/sqm
📌 Phase II Metrogate Angeles City, Pampanga PROPERTY FEATURES TYPE: Residential Vacant Lot📐 Lot: 132 square meters🧭 Inner Lot facing Northeast ✅ Clean Documents✅ Near the Main gate entrance ❎ Not Tumbok, Not Perimeter, Second Inner Lot 132 Inner Lot at Metrogate Angeles Phase 2 FEATURES & AMENITIES ClubhouseMulti-purpose HallFitness GymSwimming PoolCovered Basketball CourtOpen Basketball…
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arun-pratap-singh · 2 years
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AC Logistics unit tapped to handle waste in El Nido
AC Logistics unit tapped to handle waste in El Nido
SUBSIDIARIES of AC Logistics Holdings Corp. and Ayala Land Hotels and Resorts Corp. (ALHRC) signed an agreement for the transport, handling, and management of hospital and hazardous waste across the latter’s resorts in El Nido, Palawan. In a press release on Thursday, AC Logistics said Integrated Waste Management, Inc. (IWMI), its waste management company, forged the partnership with Ten Knots…
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smrbhagare97 · 2 years
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Ayala Land, GCash tie up for property browsing, payment
Ayala Land, GCash tie up for property browsing, payment
Ayala Land, Inc. (ALI) and GCash have partnered to allow the latter’s subscribers to browse and pay for the property developer’s residential brands directly through the e-payment firm. “Now, Ayala Land customers can experience the convenience and ease of exploring the future property investments via GLife right in the convenience of their homes with just a few clicks and taps on their phones,”…
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aenarz · 3 years
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Far Eastern University
Nicanor Reyes St. Sampaloc Manila
Institute of Tourism and Hotel Management
Institute of Accounts, Business, and Finance
A Strategic Management Paper
On SMDC
In Partial Fulfillment of the Requirements in the Course
Strategic Management
Presented to
Prof. Sofronio S. Dulay
Facilitator, BME1102 Sec 14
Presented by
GROUP 5
Valdez, Ron Aenar
Calicoy, John Cesar
Perez, Karl Brian
Landa, Andrei John
Reyes, Ericka Adrielle
Torres, Ranzimiel Kay
Jino-o, Ashley Anne
Tapucol, Happy Aira
Table of Contents
I. Executive Summary……………………………………………………3
II. Internal Assessment……………………………………………….5
A. Corporate Profile…………………………………………………………5
B. Company Vision and Mission…………………………………....………………..7
C. Corporate Officers…………………………………………………………8
D. Product Line……………………………………………………………….9
E. Internal Factor Evaluation Matrix…………….................38
III. External Assessment………………………………………………………………...41
A. Porter’s Model Analysis………………………………………………………..41
B. External Factor Evaluation Matrix ……………………………………………44
C. Competitive Profile Matrix …………………………………………………...47
D. Key External Factor……………………………………………………………49
IV. Strategy Formulation …………………………………………………………………...52 A. Boston Consulting Group Matrix………………………………………………53
B. Strategic Position and Action Evaluation Matrix…………��………………..55
C. Grand Strategy Matrix………………………………………………………….60
D. Internal - External Matrix……………………………………………………….62
E. Strength - Weaknesses- Opportunities - Threats Analysis…………………63
F. Quantitative Strategies Planning Matrix……………………………………..75
V. Strategy Recommendation……………………………………………………………79
VI. Action Plan……………………………………………………………………………...82
VII. Conclusion……………………………………………………………………………...83
VIII. Financial Projection………………………………………………………………………86
IX. References…………………………………………………………………………………93
I. Executive Summary
SM Development Corporation (SMDC) is considered as one of the largest and fastest-growing real estate developers in the country. It was originally incorporated on July 12, 1974 as Ayala Fund, Inc. however, renamed as SM Fund, Inc. in March 1986 after SM group of companies took the majority of ownership in the firm. SM Fund, Inc. back then was an investment company committed solely in providing its investors with professionally managed vehicles to invest in diverse businesses in the country. In May 1996, it was again renamed as SM Development Corporation to reflect on its new business endeavor which is to venture into the real estate industry.
In the Philippines, there are two major competitors of SMDC: Ayala Land Corporation which, based on the CPM has a total rate of 3.26 (strong competitor) and Megaworld Corporation which has 2.75 (average competitor). SMDC has a total rate of 2.65 which manifests the idea that despite the fact that both of these companies are top performers, SMDC continues to create its name in the industry and achieve greater heights. In the recently concluded 8th Property Guru Awards 2020, SMDC bagged numerous awards including the Best Developer Award, Best Developer Lifestyle Award, etc. (SMDC, 2020). For over 25 years of being in the real estate industry, the company has provided quality condominiums, residences and comfortable homes at the most affordable price.
Based on the IFE matrix, the company’s strength is their capability of providing modern lifestyle amenities without compromising the safety and security of the people. Furthermore, its accessibility to various infrastructures such as shopping malls and its flexible mode of payment attracts a huge number of investors. However, its IFE rating is only 2.48 mainly because of the non-liquid asset which can lead to a possible loss in value and high maintenance cost. SMDC could further improve its performance by generating alternatives and feasible solutions that could effectively address these issues.
The overall responsiveness of the SMDC to its external factors is satisfactory at a rate of 3.22. This is due to the company’s external strategies effectively taking advantage of existing opportunities and minimizing the potential adverse effects of external threats. Currently, SMDC is ranked as the 3rd best real estate developer in the country based on the data released by Property Consultancy & Sales Associates Inc. in 2019. Thus, if they can further examine and analyze the opportunities and threats for the upcoming years in a wider perspective, they could create excellent plans that will surely benefit the company and improve its rank in the industry. In addition, being able to take advantage of the possible threats that may hinder a company's triumph is vital to leverage success. Towards its strategic goal in becoming one of the top competitors and leading real estate developers in the country, SMDC should highly consider market penetration and product development strategies as the suitable strategy for the company. Market penetration will equip the company in perfuming its name in the market, fueling great sales, revenues and attracting a wide range of customers by: (1) launching more projects not just in NCR but in the entire Philippines and (2) penetration pricing without compromising the quality of the properties.
Product development strategies include: (1) Expanding the company’s services which will thoroughly help in providing a much better experience and comfort of living to its investors and (2) Improving and adding modernly designed amenities which will enhance the appearance of every property and cater new demands of its investors for their very own satisfaction.
Other instinctive strategies include horizontal integration strategies through (1) purchasing new lands and building new real estate properties and (2) acquiring or seeking ownership/control over company’s investors. With the utilization of these strategies, the company’s vision of becoming the leading developer of world-class residences in the Philippines and a catalyst for a better life will be realized with high sales and revenues in the upcoming years.
With the appropriate execution, performance management and coordination with the operation and the corporate affairs, these recommended strategies will serve as the primary driver of SMDC triumphs not just in being one of the top competitors in the industry but also in magnifying its coverage and competencies, boosting the economy and company’s growth
INTERNAL ASSESSMENT
A. Corporate Profile
SM founder Henry Sy. laid the groundwork of and piloted the development and evolution of SM Investments Corporation (SMIC). What started out as a dream of selling a good pair of shoes to every Filipino has turned into one of the country’s largest holding companies today. In the six decades since, it has become a leading presence in retail, banking, and property development in the country and a rising presence in China. It has since innovated its products and services providing the best value in both aspects for its customers.
SM Prime Holdings, Inc. (SMPH) also has become the largest integrated property developer in Southeast Asia. In terms of assets, it is the largest in the country. Offering innovative and sustainable lifestyle cities alongside developing malls, residences, offices, hotels and convention centers, it has become the biggest retail shopping center developer and operator in the Philippines. From starting out as a humble mall developer and operator, it has currently established 76 malls in and outside Metro Manila and 7 shopping malls in China with 17,937 tenants in the country and 1,857 tenants in China.
Besides mall development and management through its units and subsidiaries, it also has commercial business units, the Commercial Property Group (CPG) which engages in developing and leasing office buildings in Metro Manila. SM Development Corporation (SMDC), their residential business component, also sells affordable condominium units. Their Hotels and Convention Centers business unit is also engaged in developing and managing various hotel and convention centers across the country.
SMDC prides itself in the style, comfort, and convenience Filipinos experience with them. Offering the makings of the next dream home, it provides quality amenities and top-notch services. With the commitment to provide access to luxurious urban living through vertical villages perfectly integrated with a commercial retail environment, it aims to give its residents access to a truly cosmopolitan lifestyle. Their properties are strategically positioned across Metro Manila with their focus being the Central Business Districts of Mall of Asia Complex, Makati, Ortigas, Taguig, Quezon City, Manila, Pasay, Parañaque and Las Piñas. In addition, they can also be accessed from neighboring provinces like Cavite, Bulacan and Pampanga.
Corporate Head Office:
One E-com Center, 10th Floor Harbor Drive
Mall of Asia Complex, CBP-IA
Pasay City 1300, Philippines
B. Company Vision and Mission
SM Development Corporation
Vision
We envision SM Development Corporation to be a leading developer of world-class residences in the Philippines, uplifting Filipino lifestyles into one that is convenient, upscale yet affordable, and environment friendly.
Mission
· Ensuring that its homebuyers enjoy the best value for their investment with an upscale lifestyle, generous amenities, and a safe, secure, and friendly neighborhood;
· Providing an excellent after-sales and maintenance service that will preserve and enhance the long-term value of its residences;
· Delivering sustainable long-term growth and increasing shareholder value by exercising prudence in resource management based on the principles of good corporate governance;
· Becoming an employer of choice, offering comprehensive opportunities for career growth and enhancement; and,
· Assisting and nurturing the communities in which it operates by progressively building on its role as a responsible corporate citizen;
C. Corporate Officers
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SM Development Corporation Properties
Air Residences
Price range: Php 6,300,000 - Php 7,500,000
Meaningful relationships. Career opportunities. Personal well-being. All these define your story of success, and it all begins at SMDC Premier’s Air Residences
Coast Residences
Price range: Php 5,500,000 - Php 23,000,000
Designed to capture your eyes with its seagull-inspired façade design, Coast Residences soars 41 storeys high.
Fame Residences
Price range: Php 5,100,000 - Php 6,800,000
Strategically located, Fame Residences rises in Central EDSA, providing you easy access to everything that matters. This iconic development offers an address that truly compliments a desired lifestyle. When you live at the center of it all, you live life in the spotlight.
Blue Residences
Price range: Php 2,000,000 - Php 5,000,000
SMDC Blue Residences promises to help you maximize your student life as it is located at the corner of Katipunan Avenue and Aurora Boulevard, near colleges and universities like the University of the Philippines, Ateneo De Manila University and Miriam College.
Bloom Residences
Price range: Php 4,600,000 - Php 7,100,000
Bloom Residences is a home where you can plant your roots as you start your career, grow the love for your family, care for your little buds and eventually carve some names in the family tree.
Breeze Residences
Price range: Php 12,400,000 - Php 14,500,000
Enjoy the convenience of the city while luxuriating amidst the quiet calm of Manila Bay.
Cheer Residences
Price range: Php 3,200,000 - Php 3,500,000
Take your life to new heights as Cheer Residences introduces a fresh perspective to residential living in Marilao, Bulacan. It is the first vertical development of its kind in the area that offers the convenience of having its own mall within the complex. First-rate amenities elevates the quality of life of the residents as they get to enjoy an array of activities daily.
Cheerful Homes
Price range: Php 1,100,000 - Php 1,700,000
SMDC Cheerful Homes has its own transport hub located within the community’s commercial area, for the convenience of its residents. Plus, it’s just a short ride away from various points of interests in Pampanga.
Cool Suites
Price range: ₱/mo.
Cool Suites is the newest garden complex in the flourishing Wind Residences estate. Nestled inside the complex is an array of lush foliage and greenery that serve as a private retreat where you can relax and recover from the busy work week. With SMDC’s signature 5-star amenities, it is a perfect holiday home for those who enjoy the cool wind of Tagaytay.
Field Residences
Price range: Php 5,000,000 - Php 5,600,000
Just across SM City Sucat, Field Residences is located along Dr. A. Santos Avenue (formerly Sucat Road), Barangay San Dionisio, Parañaque City. International and domestic airports are also close at hand, as well as the Entertainment City where endless leisure, shopping, and dining selections abound.
Gem Residences
Price range: Php 5,200,000- Php 9,400,000
Standing gorgeously along C-5 Pasig, the thriving center of economic activity east of Metro Manila, Gem Residences brings you world-class amenities that cater to your need for both productivity and leisure.
Glam Residences
Price range: Php 5,900,000 - Php 11,500,000
Surround yourself with the spectacular at Glam Residences. Envisioned as a complete, cosmopolitan home for success-driven singles, it is built for your utmost convenience and indulgence.
Gold Residences
Price Range: Php 7,400,000 - Php 17,000,000
An 11.6- hectare master-planned community right across the Ninoy Aquino International Airport, the concept for SMDC’s first township is to be the gold standard- a convergence of modernization, dynamism, innovation, and prestige, assured in all its areas.
Grace Residences
Price range: 3,300,000 - Php 5,600,000
Located close to Bonifacio Global City and the Makati Central Business District so you can enjoy the convenience of staying within proximity of the top schools, hospitals, malls and other institutions.
Grass Residences
Price range: Php 3,700,000 - Php 6,400,000
SMDC Grass is located in Quezon City, connected to SM City North Edsa via bridge way. It’s definitely a convenient, exciting and entertaining place to come home to. It is also situated in a highly accessible area. It is right by main roads both for going to the North and South side of the metro.
Green Residences
Price range: Php 5,100,000 - Php 5,700,000
Located right beside De La Salle University in Taft Avenue for the stress-free, easy and fun life every college student ought to experience.
Green2 Residences
Price range: Php 3,300,000 - Php 5,600,000
Breeze through your college years as you live in the home that passes all the marks when it comes to convenience, location, security and amenities.
Hope Residences
Price range: Php 3,000,000 - Php 3,600,000
Hope Residences is strategically located at the heart of Trece Martires City, Cavite. It is right within the complex of the newly opened SM City Trece Martires along Governor’s Drive.
Jazz Residences
Price range: Php 4,900,000 - Php 19,000,000
Situated in the Reposo District in Makati, SMDC Jazz Residences is surrounded by some of the best restaurants, as well as a supermarket nearby.
Lane Residences
Price range: Php 3,600,000- Php 5,500,000
Located in San Antonio Agdao, it lies within the SM City Lanang Premier complex. Its close proximity to Davao International Airport and Seaport gives you that added level of convenience. You get easy access to major land, sea, and air transportation centers to help get you to your next destination. Rounding out the area are the many businesses and offices for enterprising individuals.
Leaf Residences
Price range: Php 4,400,000 - Php 6,200,000
Let nature nurture your family at Leaf Residences. With its unique design reminiscent of a tropical rainforest getaway, it offers the first taste of condominium living surrounded by all the greenery sought after in the South.
Light Residences
Price range: Php 3,700,000 - Php 9,100,000 & above
Located along EDSA and Madison Street, Light Residences sits at an advantageous location, linked to BONI-EDSA MRT where you can access any point of Manila.
Light2 Residences
Price range: Php 5,400,000 - Php 11,200,000
Spacious, inviting, and thoughtfully planned. Light 2 Residences provides you with everything you need to create a beautiful home for you and your family.
Lush Residences
Price range: Php 6,800,000 - Php 9,800,000
Lush Residences is an iconic landmark located north of the Makati Central Business District. A development that seamlessly blends elements of nature throughout the property.
Mezza Residences
Price range: Php 1,000,000 - Php 6,000,000 & above
SMDC Mezza Residences is in one of the most convenient areas; located at the corner of Aurora Boulevard and Araneta Avenue in the heart of Sta. Mesa, near SM City Sta. Mesa.
Mezza II Residences
Price range: Php 8,200,000
Experience all the best at the heart of Sta. Mesa with Mezza II Residences.
Mint Residences
Price range: Php 6,400,000 - Php 8,200,000
A nearby respite striking the perfect balance between modern city convenience and a natural environment. Situated within the progressive district of Makati giving you access to everything the city has to offer: commercial, recreational, and professional.
MPlace at South Triangle
Price range: Php 4,100,000 - Php 4,300,000
MPlace Residences is a conveniently located condominium at the heart of South Triangle in Quezon City.
Park Residences
Price range: Php 3,400,000 - Php 3,900,000
Located right in front of SM City Sta. Rosa, this community is surrounded with opportunities for you to live your best life! Everything the family needs is right here – with schools, parks and shops around every corner.
Princeton Residences
Price range: Php 2,000,000 - Php 4,000,000
Convenient, practical and fun, Princeton Residences is strategically located within close proximity to Tomas Morato and Greenhills, and right beside the LRT 2 Gilmore Station.
Red Residences
Price range: Php 6,500,000 - Php 9,000,000
Red Residences is located at the heart of Chino Roces, a thriving neighborhood west of Makati City, known for its row of concept restaurants, food finds, art galleries and creative business enterprises.
S Residences
Price range: Php 6,600,000 - Php 17,500,000
With its stunning boutique-hotel designed lobbies and luxurious amenities, S Residences is the choice of successful and stylish individuals. Live in an address where business meets pleasure, where business suits and swim suits are both on-trend.
Sail Residences
Price range: Php 11,200,000 - Php 13,000,000
Welcome to Sail Residences, the gem of the Mall of Asia district. Explore a vast wealth of shops, restaurants and entertainment spots as endless as the horizon beyond Manila Bay, just waiting for you to discover. Truly a home worthy of the most memorable individuals, couples, and families.
Sands Residences
Price range: Php 7,600,000 - Php 9,400,000
Welcome to Sands Residences. A luxurious, 51-floor master-planned community by Manila Bay where the sun and sand amidst a sea of luxury await you.
Sea Residences
Price range: Php 8,300,000 - Php 14,200,000
Sea Residences Mall of Asia is a modern resort-inspired condominium development
Shell Residences
Price range: Php 32,200,000 - Php 37,400,000
Shell Residences Mall of Asia is a 2.2-hectare resort residential complex. Come home to resort-inspired amenities, and hold memorable events with friends and family at your own exclusive clubhouse.
Shine Residences
Price range: Php 4,000,000 - Php 4,100,000
SMDC Shine Residences stands tall within a prestigious community called the Renaissance Center. Having entertainment, business and leisure in close proximity, Shine Residences Ortigas is another distinctive addition to an impressive locale.
Shore Residences
Price range: Php 6,700,000 - Php 33,200,000
The entire Shore Residences complex combines the luxury of a 5-star vacation resort and the comfortable, cozy home you’ve always dreamed of.
Shore 2 Residences
Price range: Php 6,000,000 - Php 11,100,000
Set in a 9-hectare property, this exclusive development consists of three expansive luxury resort-inspired enclaves that provide the best in premier waterfront living in the metro, all bridged together by elevated linear parks.
Shore 3 Residences
Price range: Php 10,500,000 - Php 24,500,000
Conveniently located at the SM Mall of Asia Complex in Pasay City, Shore Residences offers the finest in resort living, with an exclusive beach-like amenity right at the heart of the development.
Smile Residences
Price range: Php 3,800,000 - Php 5,500,000
You’ll find a lot to be happy about at Smile Residences! As a premier residential development within SM City Bacolod Complex, it offers attractive lobbies, amenities, and a convenient location.
South Residences at SM SOUTHMALL
Price range: Php 3,500,000 - Php 6,100,000
South Residences offers the seamless fusion of the life and lifestyle you’ve always dreamed of.
South 2 Residences
Price range: Php 3,700,000- Php 7,500,000
Situated in Southmall complex, South 2 Residences has everything you need within reach. It is just a few steps away from the array of shopping, dining, and entertainment choices at SM Southmall, and a few minutes away from busy transport terminals and vibrant work hubs.
Spring Residences
Price range: Php 4,200,000 - Php 5,400,000
Celebrate new beginnings at SMDC Spring Residences.
Style Residences
Price range: Php 3,400,000- Php 5,200,000
Style Residences can be found within the complex of SM City Iloilo – the city’s vibrant lifestyle and progressive business district. It offers an impressive collection of shopping, dining, and entertainment options, as well as easy accessibility to the local transportation hubs, including the Iloilo International Airport and Seaport.
Sun Residences
Price range: Php 2,000,000 - Php 4,000,000
Life meets luxury at the roundabout of Quezon City and Manila. SMDC Sun Residences addresses the need for a more balanced lifestyle, with amenities like lounges, landscaped gardens and swimming pools
Trees Residences
Price range: Php 2,000,000 - Php 3,300,000
Escape the mundane clamor of the city and go home to Trees Residences. A place of solitude right at the heart of Novaliches, Quezon City brimming with life through pristine natural gardens, relaxing stroll paths, and SMDC’s five star amenities.
Vine Residences
Price range: Php 3,300,000- Php 6,200,000
With its great location inside the SM City Novaliches complex, the residents are right in the heart of a progressive hub in Quezon City. Being near major thoroughfares, terminals, and transport hubs makes traveling very easy. Nearby institutions like schools and hospitals will just be a few minutes away..
Wind Residences
Price range: Php 4,700,000 - Php 36,400,000
Feel the breeze along Aguinaldo Highway in Tagaytay City where SMDC Wind Residences and Cool Residences are situated. It is in its own a convenient complex with everything you can ever need, but it’s also a plus that there are dining establishments nearby.
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0.0 = not important
1.0 = Important
Rating
(Rating = 1) - Major Weakness
(Rating = 2) - Minor Weakness
(Rating = 3) - Minor Strength
(Rating = 4) - Major Strength
Analysis
The Internal Factor Evaluation matrix is a tool used for auditing and evaluating major strengths and weaknesses of an organization or company. The average weighted score for the IFE Matrix is 2.5 above while 2.5 below is considered weak. The total weighted score for SM Development Corporation (SMDC) is 2.48 or 2.5 which means that the company is responding to a low average score that pertains to internally weak business. Therefore, the IFE Matrix concludes that SM Development Corporation (SMDC) is in a weak position.
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Analysis
1) Rivalry Among Competing Firms - Rivalry among competing developers of retail space is deemed moderate due to the three main players' aggressive expansion plans for the near future and their offering of essentially the same product (retail and food space, cinemas, etc.), only slightly differentiated for different income segments. However, the fierceness of this rivalry is somewhat tempered by the strong continued growth in household consumption, which leaves room for much more retail space to be built. However, due to SMPH's significant advantages in terms of size, mall count, and land bank location, it is in the best position to capitalize on this demand for more retail space.
2) Potential Entry of New Competitors - Although, again, customers (in this case, companies seeking to buy or lease office space) are not particularly loyal to a specific developer, the potential entry of new competitors is tempered by the fact that the demand for new commercial space is concentrated in Metro Manila, where most available land is already in the portfolio of established players. Moreover, economies of scale are advantageous to established players because it allows them to accommodate the space requirements of large firms and therefore secure the most lucrative contracts. SMPH's advantage lies in its network of strategic partnerships, building only when it has 60% commitments, and in its integration of its land bank in its long-term expansion plans.
3) Potential Development of Substitute Product - The threat of the development of substitute products for commercial space is moderately low, largely because there are currently no substitutes in the market, and no current market players are actively seeking out the development of such substitutes. Moreover, customers do not necessarily seek new kinds of office space, particularly as there are high costs to selling of buildings or ending leases early, as well as high transitioning costs once they have secured new office space. SMPH in particular keeps its tenants satisfied through its competitive prices and the close proximity to retail and transportation centers that its commercial developments offer.
4) Bargaining Power of Supplier - Despite the large number of construction firms and raw materials suppliers in the market, the bargaining power of suppliers remains moderate, due to the high values of commercial development contracts with major players, which has given rise to the popularity of long-term partnerships and/or construction subsidiaries. SMPH, for example, has the Associated Development Corporation.
5) Bargaining Power of Consumers - The bargaining power of consumers is moderately high in the commercial development market, primarily due to the fact that contracts with these customers are extremely high in value, as firms tend to buy or lease a large number of units at a time. Commercial space offerings, as mentioned earlier, are also largely undifferentiated, and offered to the same customer segment. SMPH addresses this threat with its approach of building strong and healthy long-term relationships with tenants, and leveraging on its strategic location.
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Weight Ranges:
0.0 = not important to 1.0 = very important
Ratings:
4 = the response is superior, 3 = the response is above average, 2 = the response is average, and 1 = the response is poor.
Analysis
The total weighted score for SM Development Corporation (SMDC) is 3.22 which is equivalent to the company’s responding in an above average way to existing opportunities and threats in the industry. Moreover, the firm’s external strategies are effectively taking advantage of existing opportunities and minimize the potential adverse effects of external threats. It is a good evaluation of the organization that needs to focus on their least average to obtain the high weights in order to become a big competitor.
The matrix shows the different types of key external factors and its total weighted score; it has been separated in two parts: Opportunities and Threats. Inside opportunities are Geographic Location, Competitors’ price, fast site Improvement, Increasing Number of Tourists, Corporate sponsorship, National trends like modern facilities, Investor high activity, offering new products, and Offering new types of services. Then the total weighted score for opportunities is 2.16
In view of the table, threats for key external factors got a weighted score of 1.06. Within the threats, the global crisis got the highest weighted score while the least one is the increasing inflation rate.
Combining opportunities and threats weighted score is equal to 3.22
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Notes:
The weights and total weighted scores in both a CPM and an EFE have the same meaning.
0.0 = not important to 1.0 very important
Critical Success Factors in Competitive Profile Matrix include both internal and external issues; therefore, the ratings refer to strengths and weaknesses, where 4 =major strength, 3 = minor strength, 2 = minor weakness, and 1 = major weakness.
Results Legend:
4- Strongly competitive
3- Averagely competitive
2- Competitive
1- Incompetent
Analysis
According to Inquirer net (2020), SM Development Corporation, it is not just about being an infrastructure that serves a place for a group of residents. The organization creates a community where people can live the best for their lives. Being healthy, happy, and secured.
In the table, it shows the several important Critical Success factors that rates each major competitor and its particular strengths and weaknesses. In CPM, the total rating and total weighted scores are for the rival data firms that can be compared to the other organization. This Matrix analysis provides important internal and external strategic information that can help each company to distinguish their strengths and weaknesses.
As stated in the matrix, Ayala land is the strongest competitor with a total weighted score of 3.26. The company has clearly got a high rating of 4 in Advertisement, Customers Loyalty, Supply of land, Grand service and amenities, Market share and Organization structure. While Megaworld acquired the next place with a total weighted score of 2.73. In addition, Ayala Land and Megaworld are the big competitors in the real estate industry in the Philippines. SM Development Corporation obtained a total weighted score of 2.65. Vista land’s total weighted score is 2.61. The next is Filinvest Land got a total weighted score of 2.53. The last one among the 6 organizations is Alveo land with a total weighted score of 2.32.
Furthermore, SM Development Corporation is one of the strongest competitors in real estate in the country. It shows that they have a stable and good stand in the industry of real estate. Hence, SMDC still needs to take action in their weaknesses to improve their route for being the strongest competitor.
D. Key External Factor
Cultural Factor
Product Design & Quality
It is very important to have a face-paced that can attract the consumers to be globally competitive. It is a step to have an activity in many firms because releasing a new product and high-quality land, house, buildings, and more can contribute to improvement of sales revenue. The objective of product design and its quality is to give new experiences to the consumers.
Price Competitivenes
Competitive pricing gives a high quality for a rival organization. It basically prevents it from losing customers and its market share to the other organization. This is highly important because it is advantageous to enable the organization to respond if the rivals release new products such as modern buildings, hi-tech homes, and more. Being in competitive pricing advantages can have a quality positioning in the business.
Economic Factor
Customers’ Loyalty
Customer’s Loyalty plays a strong part in advertising and running a business. Customer’s themselves can introduce the product, services and even the whole organization when they are satisfied. Having a loyal customer, they will spend more and support your business. Moreover, they help you to keep your high profile better and grow.
Tourist Demand
It is practically a major need of an establishment or organization because it helps to boost the revenue of the company. It creates and develops infrastructures if the organization is related to tourism. Once a tourist finds your company attractive, they will be willing to try it. Tourism is a vital point to achieve a high success in a field of business and economy.
Investor Activity
It is one of the most important lines in the business along with sponsorship. Once you invest there will be a cash flow statement that can help to boost your revenue and establishment itself. Investing in a trusted organization is a good investment in terms of capital assets. It basically means that the business will even grow in the future and has a high chance to earn a good revenue.
Legal Factor
Security and Safety
It is highly important to have quality security in a company. It gives safety to everyone. It protects the property itself. Moreover, it gives more confidence for staff to work because they know that they are protected safely. It can also be related to health due to the fact that having a safe workplace and home can radiate a well-being performance and does not need to worry in anything, just enjoying services and products.
Environmental Factor
Fast Site Improvement
It is important to have a fast site to be able to access it easily. Images and video are prime when advertising. Nowadays, people are searching on the Internet to analyze where to buy. Fast site play a big role in the data, once your site is not working properly it might start to lose visitors.
Government Factor
Corporate Sponsorship
Sponsorship gives a highly competitive edge, and it can also improve the organizations position, image, and credibility. They support their partner and give a quality product that can attract consumers. Once a company has a sponsorship, it means that they are well trusted and have a chance to be well known. Sponsorship gives a particular event that can be very effective in promoting because it can be accessed and available in a wide range of consumers.
IV. Strategy Formulation
As per WorldOMeters, the Philippine population is assessed to be 107,656,644 as of March 22, 2019. Also, with a developing population, the requirements for need is developing as well.
The World Population Review stated that the largest cities in the Philippines such as Quezon City, Metro Manila, Caloocan and Davao city also have large populations. With this data, SMDC can construct or add more branches in the enormous urban communities where they can help for the accommodation of the purchasers.
Today, SMDC keeps on creating properties that objectives the necessities and components reconsidered by those forthcoming purchasers to ensure that they keep up and even increment their piece of the pie in the business. The organization exploits the blast in the economy of the country that is capable most explicitly of expanding the request of the premium center market for properties that are moderate and helpful as well as fits to their way of life of decision.
There are many responsibilities that need to be considered for a business to grow and expand. One can develop the internal capacity to drive the extension of the company, the other one is purchasing a business with a generally evolved mastery in that space of specialization and assemble it out further.
SMDC expands its services and operations through platform companies with developed expertise where they build out. The impact can make incredible worth since the tasks of a few more modest firms join to increase the value of the new firm. In any case, the accomplishment of the mix intensely relies upon the stage organization, which may bring about annihilating worth if the procedure isn't as expected executed.
SM Development Corporation is a notable organization, generally on the grounds that it has acquired the trust and certainty of the Filipinos even before the formation of SMDC as a different element from its parent organizations.
Almost every year, there are various ventures that SMDC dispatches, and not at all like different designers, SMDC doesn't frustrate and really completes on schedule. To contrast it and different organizations in the industry, SM would have a benefit over them in view of the name as well as in light of its notices. SM has notable and regarded money managers taking care of its tasks in addition to the organization has been around for quite a long time, catching the devotion of the Filipinos.
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STARS - Based on the BCG matrix the condominium is in the star category because they have the highest market share among SMDC products being offered as of today. Asking several people, the first thing that will come into their mind when you hear SMDC are their prime located condominiums. Being on the high market share, the condominium remains to have a high growth rate and continue to rise their sales.
QUESTION MARKS - Under the question mark categories is the townhouse they have high market growth because they are the second option for the condominiums but on the contrary, they have a low market share because if you seek their opportunities, it is obvious that it was been given to the condominiums released by SMDC rather than townhouses. Another factor is because townhouses are not so up-to-date and convenient in today's setup.
CASH COWS - For the cash cows’ category is the house, obviously because SMDC are known for their prime location and elegant designs and trusted layout of house they have a high market share but low market growth. A primary cause of that is having too many competitors for houses in the real estate industry.
DOGS - For the dog it has a low market share and slow market growth and that is the SMDC lot as they decide to sell lot only slots in their product menu. It was stagnant in terms of sales and again this is because of the competitors in the real estate industry and in today's perspective and aspect it is really convenient and efficient for the people to find and locate for their own lot location.
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adolphkurt · 4 years
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AREIT's IPO success is its greatest threat, ALI the only beneficiary
AREIT’s IPO success is its greatest threat, ALI the only beneficiary
We discussed earlier that the AREIT public offering is a value crystallization exercise of Ayala Land, Inc. ($ALI). The AREIT offering was a way for ALI to unlock the value of its assets. The AREIT public offering will raise about 13.6 Billion Pesos for ALI which ALI badly needs. ALI is facing current debt repayment of 52.1 Billion Pesos. The AREIT public offering is a fund raising exercise of…
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southeastasianists · 5 years
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In the very heart of the dense urban jungle that is Quezon City lies an unusual sight: Sitio San Roque, one of the Philippines’ largest informal settlements, walled off by corrugated iron sheets from the city’s skyscrapers and highways. It’s a community of approximately 20,000 residents who’ve built their homes on land owned by the National Housing Authority (NHA), all facing eviction to make way for the establishment of a new commercial business district. But it’s also a symbol of something greater: San Roque’s fight for survival is reflective of the nationwide push for forced evictions, and an insatiable transnational drive for development that displaces poor urban workers from the cities that depend on their labour. San Roque’s decade-long resistance against eviction has become an inspiration for other urban poor communities who are also struggling for subsistence in the city; its fate can turn the tide of the struggles of other urban poor communities in the Philippines. And, importantly, it’s disrupting the government’s attempts to erase the unwanted poor, and subverting a narrative of development for the few at the expense of the many.
This year, the community has faced an escalating barrage of new methods employed by the Duterte regime to tear their homes down. Situated in the highly-coveted centre of the city along the Epifanio Delos Santos Avenue (EDSA), San Roque is the proposed location of a high-profile development, granted to corporate giant Ayala Land Inc (ALI) in a deal ratified by the Quezon City Government’s Comprehensive Land Use Plan of 2011.
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