In a landmark move set to redefine affordable housing in the Philippines, SM Development Corporation (SMDC) and P.A. Alvarez Properties and Development Corporation (P.A. Properties) have joined forces. This strategic partnership aims to empower more Filipinos to realize their aspirations for a better life through accessible homeownership.
Gateway Oasis in Bicutan
Known for its expertise in crafting centrally located condominiums, SMDC’s collaboration with P.A. Properties brings an exciting development: the transformative “Gateway Oasis” in Bicutan, Taguig City. Situated next to key infrastructure projects like the Metro Manila Subway Project (MMSP) and the North-South Commuter Railway (NSCR) System, the project offers residents convenience, connectivity, and access to vital transport hubs.
P.A. Properties is a leading developer of low- to medium-cost housing communities in Southern Luzon. Since its founding in 1994, the company has built over 25,000 homes across key Philippine provinces, with plans for 20 more communities in the next five years. Guided by the tagline “Behind Every Home is a Story,” P.A. Properties not only addresses the nation’s housing backlog but also actively contributes to economic growth.
Anchored by a shared vision of making homeownership a reality for more Filipinos, the alliance addresses the nation’s pressing housing needs. By pooling their resources and expertise, both companies aim to contribute significantly to economic growth while providing sustainable solutions to the housing crisis.
Reflecting on the collaboration, P.A. Properties Chairman Romarico T. Alvarez said, “As we reflect on our humble beginnings, partnering with SMDC marks a pivotal moment in our journey. Together, we are poised to make a tangible difference in the lives of countless Filipinos, offering them not just homes but the promise of a brighter future.”
As SMDC and P.A. Properties embark on this journey, their partnership promises to reshape the narrative of affordable housing in the Philippines. With unwavering dedication and a shared commitment to progress, they aim to connect more Filipinos to the homes of their dreams, ushering in a new era of inclusivity and opportunity.
