Back-to-back triumph: SMDC clinches ‘Developer of the Year’ award for second consecutive year

BY Manila Bulletin

3 min. read

SM Development Corporation (SMDC) solidifies its position as the leading real estate developer in the Philippines.

SM Development Corporation (SMDC) has once again affirmed its status as the Philippines' leading real estate developer by securing the prestigious title of "Developer of the Year" at the DOT Property Awards 2023. This accomplishment marks the second consecutive year that SMDC has been honored with this accolade, demonstrating its unwavering commitment to excellence in the real estate industry.

The award ceremony, held at The Peninsula Manila on Sept. 14, brought together industry luminaries to recognize and celebrate the best in Philippine real estate. Leading the charge, SMDC President Jose Mari Banzon, EVP for Project Development Grace Evangeline Sta. Ana, and AVP for Project Development Jessica Bianca Sy were on hand to accept the "Developer of the Year" award on behalf of the company. Their joy was evident as they led the SMDC contingent, celebrating the well-deserved recognition of their team's passion, dedication, and hard work.

Banzon expressed his pride in SMDC's accomplishments over the years, "We are truly honored to receive this recognition once again. It stands as a testament to the dedication and excellence of the entire SMDC team. This award reflects our commitment to providing dream homes for Filipinos, creating more accessible communities, and continuously improving our work and deliverables to our clients."

The back-to-back win as “Developer of the Year” is a remarkable feat that showcases SMDC’s high-quality developments that not only meet the evolving needs and aspirations of their customers but also embody sustainability and future-readiness.

Among the award-winning projects that contributed to SMDC’s success are Zeal Residences, Hope Residences, Joy Residences, Leaf Residences, Mint Residences, Sands Residences, and Ice Tower.

Zeal Residences (Best Affordable Condominium)

Zeal Residences, located in the booming urban landscape of Gen. Trias, Cavite, offers affordable yet stylish condominium living. Its central location in front of the major thoroughfare – A. Soriano Highway – ensures that residents are connected to different areas.

Zeal Residences is also conveniently across a huge mall. This, along with the property’s own commercial strip, guarantee that residents get access to a range of shopping and dining options. Moreover, the development’s amenities makes it the ideal choice for those seeking both comfort and affordability.

Hope Residences (Best Investment Property for South Luzon)

Hope Residences, a testament to SMDC’s commitment to providing accessible living spaces, is strategically located beside the SM City Trece Martires in Cavite. This property offers residents not only a place to call home but also a promising investment opportunity, Its prime location, combined with well-designed units and amenities, makes it an ideal choice for those looking to invest in real estate in the vibrant province of Cavite.

Joy Residences (Best Investment Property for Central Luzon)

A condominium complex built beside the integrated lifestyle district of SM City Baliwag, Joy Residences ensures that leisure and work meet. Additionally, thanks to National University and SM City Central Terminal being in the same neighborhood, this development offers a unique blend of comfort, accessibility, and investment potential.

Leaf Residences (Best Condominium Landscape Design)

Leaf Residences stands out for its exceptional landscape design, seamlessly blending the outdoors with indoor living spaces. Nestled in Muntinlupa, this condominium development offers residents a tranquil escape from the bustling city while providing all the conveniences of urban living. Its lush green surroundings create a serene atmosphere that enhances the quality of life for its residents.

Mint Residences (Best Condominium Architectural Design)

Mint Residences, located in the heart of Makati City, stands out for its remarkable architectural design. It seamlessly combines sleek aesthetics with functional spaces, offering residents a harmonious blend of style and comfort.

Sands Residences (Best Lifestyle Condominium Development)

Sands Residences, with its well-thought-out amenities and recreational spaces, provides an enriched lifestyle that caters to various interests and passions. Sands Residences is more than just a home along Roxas Boulevard; it’s a place where you have a front-row view of the magnificent Manila Bay sunset.

Ice Tower (Best Mixed-Use Development – Office and Modern Residential Development)

Ice Tower, situated in Pasay City, seamlessly integrates office and modern residential spaces. This development caters to those seeking a dynamic lifestyle, with its prime location and versatile spaces designed for both work and leisure. It represents SMDC’s commitment to providing diverse living and working environments.




“While SMDC celebrates all these accolades, we are aware that the work doesn’t end here. Our journey continues as we continue to set our eyes on the future. As SMDC is at the forefront of transforming the landscape, we are ready and motivated to create more dream homes and accessible communities, elevating the lifestyle of more Filipinos,” said Banzon.

In 2022, SMDC was also able to win the accolade of “Best Developer for Southeast Asia” in the DOT Property Southeast Asia Awards held in Bangkok, Thailand. This prestigious regional recognition further solidifies SMDC’s status as a leading developer whose projects can stand shoulder-to-shoulder with the best in the region.


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