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realtyhubph-blog · 7 months
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Foreclosed 1 BR Condo at Forbeswood Heights BGC
Indulge in luxury with our Foreclosed 1 BR Condo at Forbeswood Heights, BGC. Prime location, spacious interiors, and flexible financing. Contact JM Listings, REB 19712
📌 Unit 16G, 16Th Floor Inside Forbeswood Heights Condominium – Tower 2, Rizal Avenue Drive Corner Burgos Circle, Bonifacio Global City, Taguig City Property Features TYPE: 1 BR Condo (high rise)📐 Floor: 48 square meters🛌 1 Bedroom🛀 1 Bathroom✅ 2nd Floor✅ With Balcony, End Unit✅ For Title Consolidation✅ Unoccupied Terms: ✅ CASH✅ INSTALLMENT20% Down payment (outright)80% Balance payable at a

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digitalfilipina · 1 year
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SPEND EASTER BREAK AT RICHMONDE HOTEL ORTIGAS
Holy Week is the perfect time to rest and spend time with family, and what can be more relaxing than staying in the city away from the crowded beaches and packed roads to out-of-town hotspots. At the center of the metro within the accessible Ortigas Center is Richmonde Hotel Ortigas which offers local staycationers a soothing sanctuary at special rates for an easy and affordable urban

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myramagdaong · 1 year
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BORACAY INVESTMENT PROPERTY 
by Megaworld Corporation 
Oceanway Residences (RFO) Condominium 
10 % Downpayment ready to move in 
With or Without Downpayment Option 
Flexible Payment Terms 
All units have it’s own CCT 
All units are Pre-Furnished 
All units have balconies Golf course view + Ocean View 
Foreigners can own 100% 
High elevation 
With Swimming Pool and High Speed Elevators 
With viewing deck & playground 
Free shuttle service from Boracay Newcoast - CityMall vice versa every one hour and half 
OCEAN GARDEN VILLAS (RFO & Pre-selling) Condominium 
With or Without Downpayment Option 
Flexible Payment Terms 
All units are Pre-Furnished 
All units have it’s own CCT
 All units have balconies Golf course view + Ocean View 
With Gym / Leisure facility 
With Swimming Pool and High Speed Elevators 
Foreigners can own 100% 
High elevation  
Free shuttle service from Boracay Newcoast - CityMall vice versa every one hour and half. 
FEW UNITS AVAILABLE LEFT 
SCHEDULE FOR A ZOOM MEETING, SITE VISIT OR VIRTUAL TOUR NOW!
Business WhatsApp & Viber: 0908 782 1034
Local Globe: 09173171860
https://youtu.be/gndCXUAhe2U
https://youtu.be/EtTVVvigCoI
#PropertiesforSaleinthePhilippines #MegaworldBoracay #DestinationGERI #TownshipsAreUs #YourHomeInParadise #propertyinvestment+6
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andidowi · 2 years
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ILOILO CONVENTION CENTER
The convention center site was formerly Mandurao Airport (former Airport of Iloilo) until it ceased operations in 2007 and was demolished from 2012 to 2013. Megaworld Corporation developed the site and they built sets of attractive buildings or simply IG-worthy buildings. This is why Iloilo Convention Center was designed this way. Touring the Megaworld site makes Iloilo City one of the cleanest, most well-designed modern urban landscapes in the Philippines.
The Paraw-Regatta Festival inspires the iconic facade of the Iloilo Convention Center. Did you know that Paraw Regatta Festival is a Visayan outrigger sailboat racing held along the Dinagyang Festival? The triangle shape sails are used as an aesthetic rhythmic form of the convention center which becomes Iloilo’s signature landmark similar to Cebu’s Magellan’s Cross, the USA’s Statue of Liberty, and France’s Eiffel Tower.
The building was designed by an Ilonggo Architect, William Coscolluela. He is the principal architect of W.V Coscolluela & Associates (WVCA). The firm also designed famous buildings in the Philippines such as SM Aura Premier, SM Mall of Asia, and the Zuellig Building. In my view WVCA firm designs massive, iconing, and world-class quality buildings. His sons Ar. Gary and Ar. Gil continues his legacy of quality, innovation, and applying green architecture.
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thehungrykat1 · 28 days
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Kingsford Cafe is a Hidden Culinary Gem in Kingsford Hotel Manila
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It had been a while since my last visit to Kingsford Cafe, so I was happy to be invited last week to rediscover this hidden culinary gem inside Kingsford Hotel Manila. I usually indulge in their themed weekend dinner buffets, but this time we were here to explore some of the unique and creative dishes on their a la carte menu.
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Kingsford Hotel Manila is part of the growing lineup of homegrown Filipino hotel brands under Megaworld Hotels and Resorts. It’s located at Bagong Nayong Pilipino, just beside Okada Manila and right in the middle of the bustling Entertainment City. Since it's opening in late 2021 (Kingsford CafĂ© Opens Its Doors at Kingsford Hotel Manila), the hotel has been a popular choice for businessmen and travelers looking for a relaxing stay just minutes away from the NAIA airport terminals.
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You can find Kingsford Café at the ground floor lobby serving breakfast, lunch, and dinner menus. The café comes with a refreshing and relaxing ambiance. Its contemporary design and cozy interiors are complemented with beautiful wall art pieces.
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The restaurant can accommodate up to 128 guests with dedicated seats available for alfresco dining. Guests may also dine privately with sectioned dining spaces ideal for intimate corporate events and other social gatherings.
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We were delighted to once again meet Kingsford Café’s Executive Chef Angelo Chubby Timban, a well adorned champion in international cooking competitions and celebrated for his creativity and passion for the craft. Staying close to his roots, Chef Chubby’s dishes pay homage to a strong Filipino upbringing but redefined through modern European techniques alongside contemporary Asian executions. The concept is to celebrate the rich produce of the Philippines and its multicultural influences by featuring nostalgic local flavors to capture the heart of every guest.
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Last year, Chef Chubby had created a very special Sampaguita Menu which features dishes inspired and infused with our national flower, the Sampaguita. This also includes Sampaguita beverages like the SaMaRRa (P320) on the left, a refreshing Sampaguita tea combined with mango juice, tarragon leaves, peppermint leaves, and vanilla extract. On the other hand, the Paraw Regatta (P280) is a cocktail named after the annual Iloilo sailboat festival featuring the Paraw. It comes with Jasmine tea, vodka, mango juice, blue curaçao, and grenadine.
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It was then time to try some of the featured signature dishes in Kingsford Café's a la carte menu. I've always been amazed at Chef Chubby's presentation and flavors, but we were really surprised with the new lineup that looks more appropriate inside a five-star fine dining restaurant instead of a casual dining cafe.
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We started with one of their bestsellers, the Kingsford Laksa (P300). This is a modern presentation of the Singaporean laksa with its creamy laksa broth poured over a medley of shrimp, bean sprouts, crisp miki noodles, young corn and straw mushrooms. It's a different experience from the traditional laksa, especially with the crispy noodles, but the overall flavors of the fragrant laksa are still very much present.
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My favorite and best new discovery that afternoon was the Kare-Kareng Bagnet (P450). This lovely deconstructed Kare-kare dish comes with crispy fried pork belly doused in a rich peanut and annatto sauce. It also has steamed lowland vegetables and served with slow cooked ginamos.
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I really loved the crunchy chicharron together with the juicy and savory pork belly. This is one of the best versions of Kare Kare I have ever tasted and I would gladly come back to Kingsford Cafe just for this alone.
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We also wanted to sample some of their special Sampaguita Menu, so we ordered the Gambas Royale (P580). This dish has big pieces of prawn al ajillo presented with Lucban risotto, soffits, asparagus, sampaguita, and mango salsa. It's not your usual Spanish-type gambas as it has less of the garlicky flavors but is more savoury and balanced, especially with the risotto and vegetables.
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On the other hand, the Bistek Tagalog (P500) is a twist on the traditional Filipino dish. This one comes with thick and fatty roasted beef belly with grilled cauliflower, roasted rustic potatoes, monggo and sampaguita caviar in a caramelized calamansi and lacuna jus sauce. I've never seen Bistek Tagalog served this way but we really enjoyed this thicker, meatier, and more flavorful version.
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For desserts, we also tried two of their colorful Sampaguita items that really put a big smile on my face.
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The Sakura Brazo de Mercedes (P300) is as pretty as they get. This has a mixed berry mousse cake on the bottom topped with a cherry micro sponge and chocolate branch with edible soil. Usually, you can only find this type of presentation in fine dining restaurants, so I was really impressed that they serve this here at a very reasonable price. Imagine going on a date and being served this dessert. You will really be going home happy.
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But that's not all, because I was even more impressed with the Mango Sampaguita Cheesecake (P320). I have eaten so many cheesecakes before but this was one of the best versions I have ever tasted! This deconstructed cheesecake is made with Sampaguita cream cheese, mango jelly, blueberry, and edible soil. The sweet cheesecake tasted like my favorite Hokkaido milk, so I really loved finishing this splendid dish.
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Kingsford Hotel Manila also has a few promotions in store for Father's Day. Show your love for Dad in the best way—through his stomach. Take him to a tasty food trip experience with a Weekend Dinner Buffet or a Father’s Day Buffet Lunch and bond over delectable food selections as endless as your conversations. Go up to the fifth floor pool area for a savory Chill and Grill, and chatter over unlimited drinks and a platter of grilled meats against a stunning backdrop of the city. Then end the day relaxed and stress-free with their cozy Deluxe Room, with a high-speed internet connection and a TV for a fun movie time–just the way dad likes it.
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Moments are definitely priceless, and so is their Kingsford Beer Mug! Make the moment last with a souvenir that he can use for years, and get your dad’s seal of approval at no cost, as the Beer Mug comes free with the room package. The King of the House Package starts at P8,988 nett for 2 pax and includes an Overnight Stay for 2, Buffet Breakfast for 2, Weekend Buffet Dinner or Father’s Day Lunch for 2, Chill and Grill for Dad, and a free Kingsford Beer Mug for Dad. The package is available from June 14 to June 16, 2024 only.
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We also took home some chocolates courtesy of Megaworld Hotels and Resorts which features eight different flavors representing eight of their outstanding local hotel brands. We would like to thank Lance Bermejo, Marketing Officer of Kingsford Hotel Manila, for inviting us back at Kingsford Cafe to try out these wonderful new dishes. Kingsford Cafe is one of the most underrated and best value-for-money hotel restaurants in the city, so make sure to drop and discover this hidden gem.
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Kingsford Café
G/F Kingsford Hotel Manila, Bagong Nayong Pilipino, Entertainment City, Parañaque
8888-6388 / (0917) 8053585
www.kingsfordmanila.com
www.facebook.com/kingsfordmanila
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lionunion · 6 months
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Exclusive BGC Real Estate: Your Gateway to Upscale Living
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Bonifacio Global City (BGC) in Taguig, Metro Manila, stands as a shining example of modern urban development. Spanning 240 hectares, it’s a financial and lifestyle district home to multinational corporations, luxury residences, premier shopping malls, world-class educational institutions, and cultural venues. The district, part of Fort Bonifacio and claimed in parts by Makati, is a major contributor to Taguig’s economy and the national GDP. With high real estate values, BGC is a magnet for investors and residents seeking a blend of luxury and urban convenience.
Uptown Arts Residence: Sophistication in the Heart of BGC
Uptown Arts Residence, a luxury condominium project by Megaworld Corporation, is the latest gem in Uptown Bonifacio. Offering a range of unit types from studio to three-bedroom lofts, it is designed with a modern and sophisticated aesthetic. Its location near the Grand Hyatt Manila Hotel and the upcoming Mitsukoshi Mall positions it as an attractive ‘condo for sale in BGC’.
The Seasons Residences: Japanese-Inspired Elegance
The Seasons Residences, a joint venture of Federal Land, Inc., Nomura Real Estate Development Co., Ltd., and Isetan Mitsukoshi Holdings, Ltd., brings Japanese elegance to BGC. With four towers named after the seasons, it offers one to four-bedroom units and penthouses. Located in Grand Central Park, close to the Grand Hyatt Manila Hotel, it’s a sought-after ‘preselling condo in BGC’.
Aurelia Residences: Classic Italian Elegance in BGC
Aurelia Residences is a high-end condominium in BGC offering 285 bespoke residences. Located at the corner of 5th Avenue and 28th Street, it’s adjacent to prestigious clubs and within walking distance to Bonifacio High Street. The project, a collaboration between Shang Robinsons Properties, Inc. and Skidmore, Owings & Merrill, offers luxurious amenities and spacious units, making it an ideal ‘condo for sale in BGC’.
Target Audience: Local Families and International Investors
These projects cater to a wide range of buyers, from local families seeking an upscale urban lifestyle to international investors looking for high-value property investments in one of Metro Manila’s prime locations.
Competitive Analysis: Unique Selling Propositions
Each project in BGC offers distinct advantages: Uptown Arts Residence is known for its modern sophistication, The Seasons Residences for its Japanese-inspired elegance, and Aurelia Residences for its classic Italian luxury. These unique features position them as standout choices in BGC’s competitive real estate market.
Conclusion: BGC – A Synthesis of Luxury and Modern Living
BGC represents the pinnacle of urban development in the Philippines. With developments like Uptown Arts Residence, The Seasons Residences, and Aurelia Residences, it continues to be a highly desirable location for discerning buyers and investors.
Source: Lionunion Real Estate
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unbiasedph · 2 years
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MREIT posts P638 M distributable income
MREIT posts P638 M distributable income
MREIT, Inc., the real estate investment trust of top office landlord Megaworld Corporation, reported a distributable income of P638 million for the second quarter of 2022 sustaining its strong performance in the previous quarter. In a statement, the firm said it also closed the second quarter of t Read Full News @ Manila Bulletin
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tinvillamora · 3 years
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ONGOING: Contemporary Asian Interiors
ONGOING: Contemporary Asian Interiors
Contemporary Asian Interiors at Three Central Condo Makati City | Interior Designs 2020 In this video, we will share with you behind the scenes and progress from unit turnover, construction phase up to the punch list, or final checking with the contractors. Contemporary Asian interiors usually mimic natural colors. Neutral colors work just fine. Good lighting plays an important role in adjusting

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realtyhubph-blog · 7 months
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Foreclosed 1 BR at Fifth Avenue Place, BGC
Unlock prime living at Fifth Avenue Place, BGC! 🌇 Explore our foreclosed 1 BR Condo on the 28th floor, offering modern luxury. Contact JM Listings at +63968-649-9260. #RealEstatePH #BGCCondo
📌 Unit 28-O, 28Th Floor, Fifth Avenue Place, 21St Street, Bonifacio Global City, Taguig City Property Features TYPE: 1 BR Condo (high-rise)📐 Floor: 36.92 square meters🛌 1 Bedroom🛀 1 Bathroom✅ 28th Floor✅ For Title Consolidation✅ Unoccupied Terms: ✅ CASH✅ INSTALLMENT20% Down payment (outright)80% Balance payable at a max of 15 years at 11% per annum (fixed)ADD: Transfer title and Bank loan

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conanaltatis · 5 years
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Lamudi's Philippine Real Estate Conference 2019: Real estate marketing for younger market
Lamudi’s Philippine Real Estate Conference 2019: Real estate marketing for younger market
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Deborah Ong, Thomas Mirasol, Tek Samaniego, Marco Antonio, Jose Soberano III, Eugene Lozano
Lamudisuccessfully held The Outlook Real Estate Conference 2019 at the Isabela Ballroom of Makati Shangri-La in Makati City, Metro Manila, Philippines on October 17, 2019. The event brought together industry thought leaders from all over the Philippines to talk about the hot topics in the country’s real

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equilyst · 3 years
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Megaworld (MEG) Technical Analysis: Buy Now or Wait for a Rebound Above ₱2.90?
It seems that Megaworld Corporation will add more red days in its records as it continues to dance below its 10-day simple moving average. Do you see this as an opportunity to buy now or wait until it breaks above the resistance at ₱2.90?
Megaworld Corporation (MEG) Technical Analysis Megaworld Corporation has struggled to get past its 10-day simple moving average (SMA) for the past 21 trading days. However, I don’t see any concern on its daily volume since it regularly registers a daily volume higher than 50 percent of its 10-day volume average. The foreign investors influence this downtrend by a certain degree since there are

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thehungrykat1 · 1 year
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Savoy Hotel Boracay Opens Its Doors Once Again in Boracay Newcoast
Now that the pandemic is finally over, Bocaray island is back as being one of the best tourist spots in the world. We had a very fun weekend trip to Boracay last week as we rediscovered this “hidden” spot where you can get a private picnic by the beach with the Boracay Keyhole as your enchanting backdrop. Thanks to Boracay Newcoast, this pristine location is now easily accessible to travelers without having to spend too much of your budget.
As we get back on our travel feet, Savoy Hotel Boracay in Boracay Newcoast has finally reopened its doors after a brief hiatus during the last two years. Savoy Boracay opened in 2017, part of Megaworld Hotels and Resorts’ portfolio of regional hotels featuring 100% Filipino homegrown brands. The Hungry Kat was invited for a three-day, two-night vacation at Savoy Boracay to sample the amenities and all the island activities you can do in this private enclave.
Our experience actually started right at the Caticlan Airport where we were picked up for our private transfers to Savoy Boracay. Guests can arrange these land and sea transfers with the hotel for a flat fee and everything will be taken care of right until you are brought to the hotel lobby.
Savoy Boracay features 559 beautifully-decorated rooms which offer an embodiment of high island living standards. The hotel features 4 room types that offer the perfect spot for cooling down and relaxing after a day out in the sun. Best of all, room rates at Savoy Boracay are quite affordable with rates starting at just around P4000+ a night.
We stayed at their 55-square meter Executive Suite which is a fitting choice for those who enjoy lavish space. This corner suite comes with a queen-sized bed that opens up to fantastic views of the neighboring Fairways and Bluewater golf course or the Newport Beach.
We were given welcome drinks at the lobby as well as these chocolate treats inside our suite. These are highly appreciated especially after a long journey. We even got this cute stuffed toy which I gladly brought back home with me.
The Executive Suite comes with a separate living area which comes with its own LED TV and also its own bathroom. That’s plenty of room and space especially if you have kids and family together. A refrigerator plus coffee and tea making facilities are also available inside the living room.
A great feature of Savoy Boracay is that all the rooms come with their own private balcony so you can enjoy the fresh air and the fantastic views around Boracay Newcoast. (Read: Boracay Newcoast - The Island’s New Travel Destination). This expansive property on the other side of Boracay is a prestigious new development from Megaworld Corporation and Global Estate Resorts offering a different experience of the island, farther from the busy crowds and resorts at White Beach.
There are many activities and places to see inside the hotel and around Boracay Newcoast. Savoy Boracay offers several complimentary tours around the neighborhood including a visit to the nearby Keyhole Boracay. Access to the beautiful Cove beaches and use of kayak and paddle boards are also included. Savoy Boracay is also just next door to Belmont Boracay, which we visited last year, so you have two hotels to choose from for your stay at Boracay Newcoast.
Of course, there are plenty of things to do within the hotel itself. There’s a foosball machine right at the lobby to welcome guests. You can also schedule other island activities around Boracay at the tourist desk here.
Gym buffs can hang out at the Fitness Center on the lower ground floor. They also offer massages and body treatments at the Lila Spa beside the gym.
The main highlight of Savoy Boracay is that they don’t just have one, but two huge pools right in the middle of the hotel. Take a dip with the family or take some gorgeous photos by the bridge.
On the other side is the Party Pool where you can enjoy a splashing good time with your friends. Enjoy the sun while relaxing at the pool lounges or take a nap inside one of the cabanas.
In the evenings, the party pool takes on a different vibe and ambiance. Grab some cocktails at the Chambery Pool Bar while enjoying the night sky. They even have foam pool parties during weekends.
While Boracay Newcoast may be a bit far from the main Boracay beaches, guests staying at Savoy can easily get to D’Mall in Station 2 along White Beach through the complimentary shuttle services offered by the hotel. Just reserve your seats at the front desk and join the scheduled trips.
Our room also comes with daily buffet breakfast for two at Savoy Cafe on the ground floor from 6:00am to 10:00am. Savoy Cafe offers several culinary options for breakfast, lunch, and dinner in casual and special dining concepts. It also offers private room dining and an open kitchen showcase.
You can sit wherever you like inside the bright and spacious restaurant. It also offers views of the Savoy pool just outside.
We started our breakfast with some breads and pastries. There is also a salad bar for those who like to start their mornings on a healthy note.
Cereals and fresh milk are available together with juices and hot coffee for refreshments.
I always like having eggs and omelette for breakfast so I had one prepared for me at the Egg Station. Here you can also find some pancakes plus ham and egg sandwiches.
Filipinos like their breakfasts heavy so Savoy also prepares rice and viands for their guests. There were several dishes to go along with our fried rice including fish fillet, bratwurst, orange chicken, baked beans, chopseuy, pancit, and more.
For desserts, we enjoyed some mini chocolate cakes to go along with puto, fruits, and other delicacies.
The best place to visit at Boracay Newcoast is their very own Newcoast Beach which offers a fantastic view of the Boracay Keyhole. At the center of this one-kilometer white beach is an expansive grand plaza called Newcoast Station where you can find food stalls, tables, day beds, and other activities to do. There’s also a daily happy hour at the Newcoast Beach Bar from 3:00pm to 5:00pm where guests can get 50% off on their favorite cocktail drinks.
The beach itself offers a calmer and more tranquil side of Boracay. This area is actually open to the public but is mostly accessible to guests staying at the hotels in the area. We even saw a beach wedding happening right here during our stay. It’s just a short walk from Savoy and Belmont Boracay so we headed here early one morning for a totally unique experience.
Savoy Boracay presented us with a private Sunrise Picnic by the beach just for the two of us. Instead of the usual breakfast at the cafe, they prepared this set breakfast for two with this stunning backdrop.
We enjoyed a sumptuous selection of beef tapa, danggit, sausages, bacon, potatoes, pancakes, donuts, cinnamon rolls, and fruits together with hot chocolate. We’ve never had a picnic by the beach before so this was such a memorable moment for us. Guests at Savoy Boracay can also experience this Sunrise Picnic for themselves starting March 15 for only P1300 per person.
We couldn’t leave this beautiful location without taking a few more Instagram-worthy photos. It’s like having your very own private resort in Boracay without having to spend a lot. You should also make sure to get a closer look at The Keyhole. This natural rock formation is a majestic sight to behold from the beach cove, but it gets even better when you see it up close.
We would like to thank Nico Ivan Velazquez, Group Director of Public Relations of Megaworld Hotels and Resorts, as well as Nichie Torres, Director of Sales and Marketing at Savoy Boracay, Jesse Ray Lazaro, and the rest of the Savoy staff for taking care of us during our stay. Savoy Hotel Boracay is destined to be the next big summer destination for families, barkadas, and corporate guests who want a place in Boracay to call their own. It's gonna be a happy summer!
Savoy Boracay
Newcoast Drive, Boracay Newcoast, Brgy. Yapak, Boracay Island, Philippines
+63 (917) 8284663 / +63 (917) 8210282 / +63 (36) 2862800 / +63 (36) 2862888
www.savoyhotelboracay.com.ph
www.facebook.com/savoyboracay
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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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digitalfilipina · 4 years
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Upcoming World Real Estate Congress to Bring Urban ‘Revolution’ in PH
Upcoming World Real Estate Congress to Bring Urban ‘Revolution’ in PH
Construction and real estate experts from all over the world are coming to Manila to virtually mount an “urban revolution” geared at addressing the challenges of climate change, global warming, rising sea levels, earthquakes, natural calamities, environmental pollution, and the socioeconomic pressures from spiralling energy costs, among many others, all impacting the quality of city life.
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unbiasedph · 2 years
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The oligarchs likely to benefit most under Bongbong Marcos
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Which business groups or oligarchs have the strongest ties to the incoming administration of President-elect Ferdinand "Bongbong" Marcos Jr.? In Philippine politics, as is true in many countries in the Global South, most, if not all, major business groups will keep faith with the new administration in order to obtain permits or access to business incentives. However, some business groups will be closer to the administration than others. First, the initial cabinet appointments give some clues as to the ties of some oligarchs. Marcos Jr. has announced that Manuel "Manny" Bonoan, president of San Miguel Corporation (SMC) Tollways, will become the secretary of the Department of Public Works and Highways (DPWH). Real estate is one of the largest sectors up for grabs and Ramon Ang, the ninth wealthiest Filipino, is president of San Miguel. However, Inigo Zobel, the 21st wealthiest Filipino, is the president of Top Frontier holdings, which owns 66% of San Miguel. Inigo, a well-known friend of Marcos Jr., and his cousin Enrique Zobel, the fifth richest, is also a shareholder in Ayala Corp., one of the wealthiest companies in the Philippines. Bonoan's appointment can be interpreted as replacing the Villar family, who benefited immensely during the Duterte administration. Manny Villar, a former presidential candidate and the richest Filipino, chairs Vista Land & Landscape and owns the largest stake in real estate company Golden MV Holdings. Cynthia Villar, Manny's wife, switched from Benigno Aquino III's political coalition to that of Rodrigo Duterte in 2016. In return for their support, Duterte appointed Manny and Cynthia's son Mark as DPWH secretary. Just as Mark Villar used state power to disproportionally benefit his family's real estate business as head of DPWH, Bonoan will likely forward the interests of the Angs and Ayalas in the real estate and construction sectors. Marcos Jr. has yet to appoint secretaries in the departments of Environment of Natural Resources and Energy, two of the country's most lucrative departments. Other oligarchs have been out in the open, appearing at Marcos Jr.'s May 9 victory party. Greggy Araneta, the spouse of Irene Marcos, a Philippine senator and the President-elect's sister, holds executive positions in multiple companies across a range of sectors: Filipino conglomerate Dito CME Holdings, formerly known as ISM Communications, real estate developer Alphaland, LBC Development Bank and Asia International Travel. Other close Marcos associates include Kevin Tan, son of billionaire Andrew Tan, is the CEO and Vice President of local real estate giant Megaworld, with dozens of real estate ventures across the country. Sabin Aboitiz of Aboitiz Equity Ventures holds substantial investments in power, real estate, banking and biofuel. Some of these individuals have a strong relationship with the outgoing Duterte administration. For instance, Rodrigo Duterte has repeatedly praised the Aboitizes and Ayalas, despite his tirades against some families like the Lopezes and Ongpins. Others have issues with some government agencies, such as the taxation case against Megaworld and the Aranetas have a case before a special appellate collegial court known as the Sandiganbayan, which has jurisdiction over criminal and civil cases involving graft and corrupt practices. With Marcos Jr.'s victory, it is highly likely that these cases will be put aside, and the new president will most likely forward their business interests through favorable government contracts and policies. Expect other oligarchs who laid low under Duterte to now resurface, given their long-term relations with Marcos Jr. Roberto Ongpin, the 22nd wealthiest Filipino and former Trade Secretary under the President-elect's father Ferdinand Marcos Sr., is likely to benefit from the Marcos administration. It was Duterte who branded Ongpin an oligarch when he took away the online gambling privileges of PhilWeb, Ongpin's gaming company, and opened the sector to foreign companies. This resulted in the online gambling boom between 2016 and 2020, enriching the real estate and construction business groups whose families include the Sys, Ayalas, Villars, Consunjis and Gongkongweis. Since laying low, Ongpin has shifted his focus to luxury resort investments and is slated to make a comeback. The Atok Big Wedge, Ongpin's company, is developing a 500-megawatt wind farm power project on Patnanungan Island, which is close to his business resort in Balesin. This wind farm is three times bigger than the Burgos' wind farm, which was developed by the Lopez family during the previous decade. Marcos Jr. is bound to be supportive of Ongpin since Ilocos Norte, the Marcos dynasty's home province, holds one of the largest wind farms in the Philippines. In addition, Louise "Liza" Araneta Marcos, the incoming first lady of the Philippines, is a good friend of Ongpin. Ferdinand Marcos Jr. and his wife Louise, left, in front of the Supreme Court in Padre Faura, Metro Manila, in April 2018. © Reuters Finally, outside the wealthiest Filipinos and other known oligarchs, mining and tourism interests under the control of powerful politicians are likely to flourish under the new administration. For instance, Gibo Teodoro, a former secretary of defense under Gloria Macapagal Arroyo (2001-2010) and a candidate who ran and lost under Marcos Jr.'s Uniteam senatorial slate, is the chairman of Sagittarius Mines, which owns Tampakan mining. Since 2010, the provincial government has banned Sagittarius Mines from conducting open-pit mining in Tampakan, the largest copper-gold mining concession in Southeast Asia. In May 2022, provincial officials voted to overturn the ban and open the concession once again. Marcos Jr. can also help Sagittarius Mines find foreign investors to expand Tampakan. Christina Frasco, the former mayor of Liloan municipality, has been announced to be the secretary of tourism. She is the daughter of Gwendolyn Garcia, the current governor of Cebu province and one of the most influential in the Visayas islands. Because many of Cebu's cities and towns rely on tourism, it is likely that Christina will support tourism-related policies that primarily benefit her mother's province. Source Read the full article
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Megaworld Corporation (MEG) - Analysis - January 15, 2018
Get this comprehensive fundamental and technical analysis of Megaworld Corporation (MEG) as of January 15, 2018. See our Support and Resistance, Price-Volume Distribution, Volume, Online Foreign Brokers' Transactions, Top 10 Players' Sentiments, Foreign Fund Flow, and Risk Level charts with our Overall Sentiment.
Megaworld Corporation (MEG) booked a net income of P10.34 billion for the first nine months of 2017. This translates to a net profit margin of 29.19 percent and an EPS of 0.31. If earnings stay the same for the rest of the year, forward EPS will be at 0.40. This will also further lead to an estimated P/E of 12.90x, undervalued versus the index. The stock is also trading at 1.23x P/BV, overvalued

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